NYSE:Y - Alleghany Stock Price, Forecast & News

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

Alleghany Co. (NYSE:Y) announced its quarterly earnings data on Tuesday, November, 5th. The insurance provider reported $7.61 EPS for the quarter, beating the Zacks' consensus estimate of $6.08 by $1.53. The insurance provider had revenue of $1.53 billion for the quarter. Alleghany had a net margin of 1.43% and a return on equity of 4.36%. During the same period in the prior year, the company posted $7.61 earnings per share. View Alleghany's Earnings History.

Alleghany is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Alleghany.

5 brokers have issued 12-month price objectives for Alleghany's stock. Their forecasts range from $61.00 to $900.00. On average, they anticipate Alleghany's share price to reach $612.00 in the next year. This suggests that the stock has a possible downside of 25.1%. View Analyst Price Targets for Alleghany.

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

News coverage about Y stock has been trending somewhat negative on Saturday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alleghany earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Alleghany.

Alleghany saw a decline in short interest in December. As of December 31st, there was short interest totalling 115,700 shares, a decline of 15.6% from the December 15th total of 137,100 shares. Based on an average daily trading volume, of 52,600 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the company's stock are sold short. View Alleghany's Current Options Chain.

Some companies that are related to Alleghany include Everest Re Group (RE), Reinsurance Group of America (RGA), RenaissanceRe (RNR), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH).

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

Alleghany's stock is owned by a number of of retail and institutional investors. Top institutional investors include PGGM Investments (0.11%), Gateway Investment Advisers LLC (0.08%), State of Alaska Department of Revenue (0.06%), Banyan Capital Management Inc. (0.06%), Mcrae Capital Management Inc. (0.04%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own Alleghany stock include Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany.

Y stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, State of Alaska Department of Revenue, Banyan Capital Management Inc., IFP Advisors Inc and Mcrae Capital Management Inc.. 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.

Y stock was bought by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Assenagon Asset Management S.A. and 6 Meridian. View Insider Buying and Selling for 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.

One share of Y stock can currently be purchased for approximately $816.56.

Alleghany has a market capitalization of $11.75 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.View Additional Information About Alleghany.

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

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.