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 results on Wednesday, February, 19th. The insurance provider reported ($6.09) EPS for the quarter, missing the Thomson Reuters' 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%. Alleghany's quarterly revenue was up 87.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($4.35) EPS. View Alleghany's Earnings History.

Alleghany is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Alleghany.

4 brokerages have issued 12-month price objectives 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 that the stock has a possible downside of 20.7%. View Analyst Price Targets for 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.

Media stories about Y stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press 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 positive five, with scores closest to five being the most favorable. Alleghany earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Alleghany.

Alleghany saw a drop in short interest in January. As of January 15th, there was short interest totalling 115,700 shares, a drop of 15.6% from the December 31st total of 137,100 shares. Based on an average daily volume of 53,400 shares, the days-to-cover ratio is currently 2.2 days. Currently, 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), Cisco Systems (CSCO), Gilead Sciences (GILD), JPMorgan Chase & Co. (JPM), Altria Group (MO), NVIDIA (NVDA), Walt Disney (DIS), Pfizer (PFE), AT&T (T) and Exxon Mobil (XOM).

Alleghany's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (5.43%), First Eagle Investment Management LLC (4.29%), Franklin Resources Inc. (3.93%), State Street Corp (3.83%), Victory Capital Management Inc. (3.19%) and Victory Capital Management Inc. (3.17%). 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 Franklin Resources Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Victory Capital Management Inc., PGGM Investments, Jacobs Levy Equity Management Inc. and Envestnet Asset 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 acquired by a variety of institutional investors in the last quarter, including Anchor Capital Advisors LLC, National Pension Service, Great West Life Assurance Co. Can, Jennison Associates LLC, AQR Capital Management LLC, SG Americas Securities LLC, Geode Capital Management LLC and Swiss National Bank. 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 $788.15.

Alleghany has a market capitalization of $11.31 billion and generates $9.04 billion in revenue each year. The insurance provider earns $39.53 million in net income (profit) each year or $23.77 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.