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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
Current SymbolNYSE:Y
Previous Symbol
CUSIP01717510
Phone212-752-1356
Debt
Debt-to-Equity Ratio0.18
Current Ratio0.29
Quick Ratio0.29
Price-To-Earnings
Trailing P/E Ratio300.24
Forward P/E Ratio21.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$6.42 billion
Price / Sales1.41
Cash Flow$10.7154 per share
Price / Cash57.16
Book Value$579.32 per share
Price / Book1.06
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$90.13 million
Net Margins12.34%
Return on Equity5.42%
Return on Assets1.81%
Miscellaneous
Employees4,402
Outstanding Shares14,840,000
Market Cap$9.17 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 announced a special dividend on Friday, February 23rd. Shareholders of record on Monday, March 5th will be paid a dividend of $10.00 per share on Thursday, March 15th. The ex-dividend date of this dividend is Friday, March 2nd. View Alleghany's Dividend History.
How were Alleghany's earnings last quarter?
Alleghany Co. (NYSE:Y) posted its earnings results on Thursday, November, 1st. The insurance provider reported ($1.07) EPS for the quarter, missing the Zacks' consensus estimate of $3.50 by $4.57. The insurance provider earned $1.35 billion during 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?
What price target have analysts set for Y?
1 equities research analysts have issued twelve-month target prices for Alleghany's stock. Their predictions range from $650.00 to $650.00. On average, they anticipate Alleghany's stock price to reach $650.00 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Alleghany.
What is the consensus analysts' recommendation for Alleghany?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.
Has Alleghany been receiving favorable news coverage?
Media coverage about Y stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog 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 news sentiment score of 0.6 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Alleghany's key competitors?
Some companies that are related to Alleghany include Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Loews (L), Markel (MKL), Cincinnati Financial (CINF), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cna Financial (CNA), Arch Capital Group (ACGL), W. R. Berkley (WRB), American Financial Group (AFG), Everest Re Group (RE) and Kemper (KMPR).
Who are Alleghany's key executives?
Alleghany's management team includes the folowing people:
- Mr. Weston M. Hicks, Pres, CEO & Director (Age 61)
- Mr. John Langton Sennott Jr., CPA, Sr. VP & CFO (Age 52)
- Mr. Christopher Kent Dalrymple Esq., Sr. VP, Gen. Counsel & Sec. (Age 50)
- Mr. Joseph Patrick Brandon, Exec. VP (Age 59)
- Mr. Roger Bryce Gorham, Consultant (Age 55)
Who are Alleghany's major shareholders?
Alleghany's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.13%), First Eagle Investment Management LLC (4.50%), Franklin Resources Inc. (4.47%), Victory Capital Management Inc. (3.43%), Findlay Park Partners LLP (2.98%) and JPMorgan Chase & Co. (2.47%). Company insiders that own Alleghany stock include Jefferson Kirby, 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 Citadel Advisors LLC, Kiltearn Partners LLP, Mitsubishi UFJ Trust & Banking Corp, JPMorgan Chase & Co., Renaissance Technologies LLC, Prudential Financial Inc., Findlay Park Partners LLP and Thompson Siegel & Walmsley LLC. View Insider Buying and Selling for Alleghany.
Which institutional investors are buying Alleghany stock?
Y stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Allianz Asset Management GmbH, Silchester International Investors LLP, PGGM Investments and BlackRock 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 $612.49.
How big of a company is Alleghany?
Alleghany has a market capitalization of $9.17 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?
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)
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.
