NYSE:YAlleghany Stock Price, Forecast & News

$500.01

-29.94 (-5.65 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$500.01

Now: $500.01▼

$529.01

50-Day Range

$452.84

MA: $643.42▼

$839.47

52-Week Range

$426.87

Now: $500.01▼

$847.95

Volume47,819 shs

Average Volume102,805 shs

Market Capitalization$7.18 billion

P/E Ratio8.46

Dividend YieldN/A

Beta0.8

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Alleghany has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $625.33, Alleghany has a potential upside of 25.1% from its current price of $500.01.
Amount of Analyst Coverage
Alleghany has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Alleghany has received 294 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Alleghany has received 267 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Alleghany has received 52.41% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Alleghany does not currently pay a dividend.
Dividend Growth
Alleghany does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alleghany insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $790,793.00 in company stock.
Percentage Held by Insiders
Only 3.20% of the stock of Alleghany is held by insiders.
Percentage Held by Institutions
82.34% of the stock of Alleghany is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Alleghany are expected to grow by 16.22% in the coming year, from $40.70 to $47.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alleghany is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alleghany is 8.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.33.
Price to Book Value per Share Ratio
Alleghany has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fire, marine, & casualty insurance

Sub-IndustryReinsurance

SectorFinance

Current SymbolNYSE:Y

Previous Symbol

CUSIP01717510

CIK775368

Webhttp://www.alleghany.com/

Phone212-752-1356

Debt

Debt-to-Equity Ratio0.20

Current Ratio0.33

Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio8.46

Forward P/E Ratio12.29

P/E GrowthN/A

Sales & Book Value

Annual Sales$9.04 billion

Price / Sales0.79

Cash Flow$30.43 per share

Price / Cash Flow16.43

Book Value$609.78 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$23.77

Net Income$857.80 million

Net Margins9.49%

Return on Equity3.99%

Return on Assets1.31%

Miscellaneous

Employees10,786

Outstanding Shares14,350,000

Market Cap$7.18 billion

Next Earnings Date5/5/2020 (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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, Y stock has decreased by 14.1% and is now trading at $500.01. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alleghany?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 2 hold ratings 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, May 5th 2020. View our earnings forecast for Alleghany.

How were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) posted its quarterly earnings data on Wednesday, February, 19th. The insurance provider reported ($6.09) earnings per share for the quarter, missing the Zacks' consensus estimate of $8.86 by $14.95. The insurance provider had revenue of $2.30 billion for the quarter. Alleghany had a return on equity of 3.99% and a net margin of 9.49%. The company's revenue was up 87.5% compared to the same quarter last year. During the same period last year, the company posted ($4.35) earnings per share. View Alleghany's earnings history.

What price target have analysts set for Y?

4 equities research analysts have issued 12-month price targets for Alleghany's shares. Their forecasts range from $61.00 to $915.00. On average, they expect Alleghany's share price to reach $625.33 in the next year. This suggests a possible upside of 25.1% 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 been trending very negative on Saturday, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutAlleghany.

Are investors shorting Alleghany?

Alleghany saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 160,100 shares, an increase of 29.3% from the February 27th total of 123,800 shares. Based on an average daily trading volume, of 60,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock are short sold. View Alleghany's Current Options Chain.

Who are some of Alleghany's key competitors?

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

What other stocks do shareholders of Alleghany own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include Altria Group (MO), Applied Materials (AMAT), Cisco Systems (Csco), Gilead Sciences (GILD), JPMorgan Chase & Co. (JPM), Pfizer (PFE), AT&T (T), Alphabet (GOOG), NVIDIA (NVDA) and Walt Disney (DIS).

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 shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Alleghany stock include Phillip M Martineau and William K Lavin. View institutional ownership trends for Alleghany.

Which institutional investors are buying Alleghany stock?

Y stock was purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $500.01.

How big of a company is Alleghany?

Alleghany has a market capitalization of $7.18 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. View additional information about Alleghany.

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.

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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NYSE:YAlleghany Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage