NYSE:Y - Alleghany Stock Price, Forecast & News

Alleghany's stock was trading at $582.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, Y stock has decreased by 5.9% and is now trading at $547.80. View which stocks have been mosted impacted by Coronavirus.

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.

Alleghany is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Alleghany.

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

4 brokerages have issued 1 year price targets for Alleghany's stock. Their forecasts range from $61.00 to $915.00. On average, they anticipate Alleghany's stock price to reach $625.33 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Alleghany.

News headlines about Y stock have been trending negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alleghany earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutAlleghany.

Alleghany saw a increase in short interest during 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 volume of 60,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.2% of the shares of the company are short sold. View Alleghany's Current Options Chain.

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).

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).

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

Alleghany's stock is owned by a number of retail and institutional investors. Top institutional investors include Boston Partners (5.43%), First Eagle Investment Management LLC (4.29%), Franklin Resources Inc. (3.94%), Franklin Resources Inc. (3.93%), State Street Corp (3.83%) and Victory Capital Management Inc. (3.19%). 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., Franklin Resources Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Victory Capital Management Inc., PGGM Investments, and Jacobs Levy Equity 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 activity for Alleghany.

Y stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Anchor Capital Advisors LLC, National Pension Service, Great West Life Assurance Co. Can, Jennison Associates LLC, AQR Capital Management LLC, SG Americas Securities LLC, and Geode Capital Management LLC. View insider buying and selling activity 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 $547.80.

Alleghany has a market capitalization of $7.86 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.

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.