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

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$646.92 +9.38 (+1.47 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$646.92
Today's Range$639.85 - $655.03
52-Week Range$558.50 - $666.00
Volume148,364 shs
Average Volume72,588 shs
Market Capitalization$9.35 billion
P/E Ratio40.11
Dividend YieldN/A
Beta0.75
Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance. It 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; surety products comprising commercial and contract surety bonds; and workers' compensation insurance products. It distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The Alleghany Capital segment manufacturer/remanufacturer of specialty machine tools, as well as custom trailers and truck bodies for the moving and storage industry, and other markets; and operates as a toy, and entertainment and musical instrument company. It also provides technical engineering services for pharmaceutical and biotechnology industries; products and services for the funeral and cemetery industries, and precast concrete markets; and hotel management and development services, as well as operates as a structural steel fabricator and erector. The company also explores for and produces oil; and owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2018, it owned approximately 125 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$6.89 billion
Cash Flow$25.6816 per share
Book Value$518.50 per share

Profitability

Net Income$39.53 million

Miscellaneous

Employees9,300
Market Cap$9.35 billion
Next Earnings Date5/7/2019 (Confirmed)
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 were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) announced its quarterly earnings data on Wednesday, February, 20th. The insurance provider reported ($4.35) EPS for the quarter, topping the Zacks' consensus estimate of ($5.31) by $0.96. The insurance provider had revenue of $1.23 billion for the quarter. Alleghany had a return on equity of 2.94% and a net margin of 0.57%. The company's revenue for the quarter was down 26.6% compared to the same quarter last year. View Alleghany's Earnings History.

When is Alleghany's next earnings date?

Alleghany is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Alleghany.

What price target have analysts set for Y?

2 brokers have issued 12-month price objectives for Alleghany's shares. Their predictions range from $690.00 to $690.00. On average, they anticipate Alleghany's stock price to reach $690.00 in the next twelve months. This suggests a possible upside of 6.7% 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?

Media headlines about Y stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news 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 2.6 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near future.

Who are some of Alleghany's key competitors?

What other stocks do shareholders of Alleghany own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include 3M (MMM), Applied Materials (AMAT), Costco Wholesale (COST), Cisco Systems (Csco), NVIDIA (NVDA), American Express (AXP), JPMorgan Chase & Co. (JPM), Amgen (AMGN), Booking (BKNG) and Micron Technology (MU).

Who are Alleghany's key executives?

Alleghany's management team includes the folowing people:
  • Mr. Weston M. Hicks CFA, 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. Jerry Gennaro Borrelli, VP of Fin. & Chief Accounting Officer (Age 53)

Who are Alleghany's major shareholders?

Alleghany's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Pennsylvania Trust Co (0.54%), Pennsylvania Trust Co (0.54%), Retirement Systems of Alabama (0.13%), Velanne Asset Management Ltd (0.12%), Nisa Investment Advisors LLC (0.03%) and First Manhattan Co. (0.03%). Company insiders that own Alleghany stock include Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany.

Which institutional investors are selling Alleghany stock?

Y stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., Virtu Financial LLC and Retirement Systems of Alabama. Company insiders that have sold Alleghany company stock in the last year include Phillip M Martineau and William K Lavin. View Insider Buying and Selling for Alleghany.

Which institutional investors are buying Alleghany stock?

Y stock was purchased by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, Mcrae Capital Management Inc., Velanne Asset Management Ltd, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Oakbrook Investments LLC and Meeder Asset Management Inc.. 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 $646.92.

How big of a company is Alleghany?

Alleghany has a market capitalization of $9.35 billion and generates $6.89 billion in revenue each year. The insurance provider earns $39.53 million in net income (profit) each year or $16.13 on an earnings per share basis. Alleghany employs 9,300 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:  234 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  438
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 4/20/2019 by MarketBeat.com Staff

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