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NYSE:YAlleghany Stock Price, Forecast & News

$513.10
-15.21 (-2.88 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$507.81
Now: $513.10
$523.36
50-Day Range
$451.86
MA: $521.94
$584.82
52-Week Range
$426.87
Now: $513.10
$847.95
Volume100,136 shs
Average Volume78,324 shs
Market Capitalization$7.34 billion
P/E Ratio153.62
Dividend YieldN/A
Beta0.65
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.49 out of 5 stars


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$9.04 billion
Cash Flow$31.32 per share
Book Value$549.07 per share

Profitability

Net Income$857.80 million

Miscellaneous

Employees10,786
Market Cap$7.34 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Alleghany (NYSE:Y) Frequently Asked Questions

How has Alleghany's stock been impacted by COVID-19 (Coronavirus)?

Alleghany's stock was trading at $582.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, Y shares have decreased by 11.8% and is now trading at $513.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alleghany?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alleghany.

When is Alleghany's next earnings date?

Alleghany is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Alleghany.

How were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) released its quarterly earnings results on Tuesday, May, 5th. The insurance provider reported $4.99 earnings per share for the quarter, missing the consensus estimate of $7.95 by $2.96. The insurance provider earned $2.02 billion during the quarter. Alleghany had a return on equity of 3.26% and a net margin of 0.69%. View Alleghany's earnings history.

What price target have analysts set for Y?

3 analysts have issued 12-month price targets for Alleghany's shares. Their forecasts range from $61.00 to $850.00. On average, they anticipate Alleghany's stock price to reach $537.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View analysts' price targets for Alleghany.

Has Alleghany been receiving favorable news coverage?

Media stories about Y stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alleghany earned a media sentiment score of -3.7 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutAlleghany.

Are investors shorting Alleghany?

Alleghany saw a increase in short interest in May. As of May 15th, there was short interest totaling 118,900 shares, an increase of 8.7% from the April 30th total of 109,400 shares. Based on an average trading volume of 77,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.9% of the company's stock are short sold. View Alleghany's Current Options Chain.

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 Gilead Sciences (GILD), Pfizer (PFE), Applied Materials (AMAT), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Altria Group (MO), AT&T (T), Cisco Systems (CSCO), Alphabet (GOOG) and IBM (IBM).

Who are Alleghany's key executives?

Alleghany's management team includes the following 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)

What is Alleghany's stock symbol?

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

Who are Alleghany's major shareholders?

Alleghany's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.12%), First Eagle Investment Management LLC (4.23%), State Street Corp (3.94%), Franklin Resources Inc. (3.86%), Victory Capital Management Inc. (3.49%) and JPMorgan Chase & Co. (2.40%). 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 AJO LP, BlackRock Inc., London Co. of Virginia, Principal Financial Group Inc., UBS Group AG, First Trust Advisors LP, JPMorgan Chase & Co., and WINTON GROUP Ltd. View insider buying and selling activity for Alleghany.

Which institutional investors are buying Alleghany stock?

Y stock was acquired by a variety of institutional investors in the last quarter, including Sound Shore Management Inc. CT, Victory Capital Management Inc., PGGM Investments, FDx Advisors Inc., FDx Advisors Inc., Swiss National Bank, State Street Corp, and Sumitomo Mitsui Trust Holdings Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Alleghany's stock price today?

One share of Y stock can currently be purchased for approximately $513.10.

How big of a company is Alleghany?

Alleghany has a market capitalization of $7.34 billion and generates $9.04 billion in revenue each year. The insurance provider earns $857.80 million in net income (profit) each year or $23.77 on an earnings per share basis. Alleghany employs 10,786 workers across the globe.

What is Alleghany's official website?

The official website for Alleghany is 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.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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