NYSE:Y - Alleghany Stock Price, News, & Analysis

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$648.84 +3.39 (+0.53 %)
(As of 02/18/2019 01:55 PM ET)
Previous Close$645.45
Today's Range$646.79 - $652.86
52-Week Range$558.50 - $659.88
Volume48,957 shs
Average Volume57,188 shs
Market Capitalization$9.63 billion
P/E Ratio318.06
Dividend YieldN/A
Beta0.76
Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in two segments, Reinsurance and Insurance. The Reinsurance segment offers property reinsurance products, including fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as liability, medical malpractice, ocean marine and aviation, auto liability, accident and health, surety, and credit reinsurance products. This segment distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, as well as umbrella/excess, general, management, and professional liability lines; and surety products comprising commercial and contract surety bonds, as well as workers' compensation insurance products. This segment distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The company also explores for and produces oil and gas; manufactures custom trailers and truck bodies for the moving and storage industry, and other markets; provides technical engineering services for pharmaceutical and biotechnology industries; and owns and manages improved and unimproved commercial land, and residential lots. In addition, it operates as a toy, and entertainment and musical instrument company; manufacturer/remanufacturer of specialty machine tools, as well as supplier of replacement parts, accessories, and services for various cutting technologies; structural steel fabricator and erector; and provider of products and services for the funeral and cemetery industries, and precast concrete markets. As of December 31, 2017, the company owned approximately 226 acres of property. Alleghany Corporation was founded in 1929 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
CUSIP01717510
Phone212-752-1356

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.42 billion
Cash Flow$10.8429 per share
Book Value$553.22 per share

Profitability

Net Income$90.13 million

Miscellaneous

Employees4,402
Market Cap$9.63 billion
OptionableOptionable

Alleghany (NYSE:Y) Frequently Asked Questions

What is Alleghany's stock symbol?

Alleghany trades on the New York Stock Exchange (NYSE) under the ticker symbol "Y."

How often does Alleghany pay dividends? What is the dividend yield for Alleghany?

Alleghany declared a special dividend on Friday, February 23rd. Shareholders of record on Monday, March 5th will be given a dividend of $10.00 per share on Thursday, March 15th. The ex-dividend date is Friday, March 2nd. View Alleghany's Dividend History.

How were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) released its quarterly earnings results on Thursday, November, 1st. The insurance provider reported ($1.07) earnings per share for the quarter, missing the consensus estimate of $3.50 by $4.57. The insurance provider had revenue of $1.35 billion for the quarter. Alleghany had a net margin of 12.34% and a return on equity of 5.42%. View Alleghany's Earnings History.

When is Alleghany's next earnings date?

Alleghany is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Alleghany.

What price target have analysts set for Y?

2 brokerages have issued 12-month price objectives for Alleghany's shares. Their forecasts range from $650.00 to $650.00. On average, they expect Alleghany's stock price to reach $650.00 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Alleghany.

What is the consensus analysts' recommendation for Alleghany?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.

Has Alleghany been receiving favorable news coverage?

Headlines about Y stock have trended somewhat positive this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alleghany earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Alleghany's key competitors?

Who are Alleghany's key executives?

Alleghany's management team includes the folowing people:
  • Mr. Weston M. Hicks, Pres, CEO & Director (Age 62)
  • Mr. John Langton Sennott Jr., CPA, Sr. VP & CFO (Age 53)
  • Mr. Christopher Kent Dalrymple Esq., Sr. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. Joseph Patrick Brandon, Exec. VP (Age 60)
  • Mr. Roger Bryce Gorham, Consultant (Age 56)

Who are Alleghany's major shareholders?

Alleghany's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.25%), Boston Partners (6.08%), Victory Capital Management Inc. (3.36%), Findlay Park Partners LLP (2.65%), Bank of New York Mellon Corp (1.64%) and London Co. of Virginia (1.25%). Company insiders that own Alleghany stock include Jefferson Kirby, Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany.

Which major investors are selling Alleghany stock?

Y stock was sold by a variety of institutional investors in the last quarter, including Kiltearn Partners LLP, Findlay Park Partners LLP, Millennium Management LLC, Royce & Associates LP, Assenagon Asset Management S.A., Victory Capital Management Inc., Retirement Systems of Alabama and SG Americas Securities LLC. View Insider Buying and Selling for Alleghany.

Which major investors are buying Alleghany stock?

Y stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, PGGM Investments, BlackRock Inc., Velanne Asset Management Ltd, Boston Partners, Canada Pension Plan Investment Board, First Trust Advisors LP and Rhumbline Advisers. View Insider Buying and Selling for Alleghany.

How do I buy shares of Alleghany?

Shares of Y can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Alleghany's stock price today?

One share of Y stock can currently be purchased for approximately $648.84.

How big of a company is Alleghany?

Alleghany has a market capitalization of $9.63 billion and generates $6.42 billion in revenue each year. The insurance provider earns $90.13 million in net income (profit) each year or $2.04 on an earnings per share basis. Alleghany employs 4,402 workers across the globe.

What is Alleghany's official website?

The official website for Alleghany is http://www.alleghany.com.

How can I contact Alleghany?

Alleghany's mailing address is 1411 BROADWAY 34TH FLOOR, NEW YORK NY, 10018. The insurance provider can be reached via phone at 212-752-1356.


MarketBeat Community Rating for Alleghany (NYSE Y)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  415
MarketBeat's community ratings are surveys of what our community members think about Alleghany and other stocks. Vote "Outperform" if you believe Y will outperform the S&P 500 over the long term. Vote "Underperform" if you believe Y will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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