Alleghany Corporation Company Profile (NYSE:Y)

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

Alleghany Corporation (NYSE:Y) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $6.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $8.10 by $1.73. The company earned $1.55 billion during the quarter, compared to analysts' expectations of $1.39 billion. Alleghany Corporation had a net margin of 7.74% and a return on equity of 5.70%. The firm's revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.99 earnings per share. View Alleghany Corporation's Earnings History.

Alleghany Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Alleghany Corporation.

2 brokerages have issued 1 year target prices for Alleghany Corporation's shares. Their predictions range from $625.00 to $625.00. On average, they expect Alleghany Corporation's share price to reach $625.00 in the next year. View Analyst Ratings for Alleghany Corporation.

Here are some recent quotes from research analysts about Alleghany Corporation stock:

• 1. According to Zacks Investment Research, "Shares of the Alleghany have underperformed the industry year to date. Escalating expenses weighing on margin expansion concern. Also, exposure to catastrophe environment induces underwriting volatility. Investment results too remain depressed owing to the still low interest rate. Estimates were revised down ahead of the earnings. Also Zacks Rank #4 when combined with Earnings ESP of 0.00% makes prediction difficult for a likely beat on when it reports second quarter results on Aug 3. Nonetheless, Alleghany’s strong performance across insurance and reinsurance operations will continue to fuel premium revenues. It strives to grow via acquisitions and organic initiatives as these not only diversify and strengthen its portfolio but also expand its international footprint. A solid balance sheet with healthy capital position supports shareholder-friendly moves and growth initiatives." (7/27/2017)
• 2. Credit Suisse Group analysts commented, "We see figures as positive for the sector, Vivo, & TIM and negative for Claro & Oi." (7/11/2017)

Some companies that are related to Alleghany Corporation include Loews Corporation (L), Markel Corporation (MKL), Power Co. of Canada (POW), Intact Financial (IFC), CNA Financial Corporation (CNA), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF), XL Group (XL), American Financial Group (AFG), W.R. Berkley Corporation (WRB), RSA Insurance Group plc (RSA), Industrial Alliance Insur. & Fin. Ser. (IAG), Erie Indemnity Company (ERIE), First American Corporation (The) (FAF), Old Republic International Corporation (ORI), Direct Line Insurance Group PLC (DLG), Assured Guaranty (AGO) and The Hanover Insurance Group (THG).

Alleghany Corporation's management team includes the folowing people:

• Jefferson W. Kirby, Independent Chairman of the Board
• Weston M. Hicks, President, Chief Executive Officer, Director
• John Langton Sennott Jr., Chief Financial Officer, Senior Vice President
• Joseph P. Brandon, Executive Vice President
• Christopher Kent Dalrymple, Senior Vice President, General Counsel, Secretary
• Roger B. Gorham, Senior Vice President, Head - Fixed Income, Treasurer
• Karen B. Brenner, Independent Director
• Ian Hugh Chippendale, Independent Director
• John G. Foos, Independent Director
• William Kane Lavin, Independent Director

Alleghany Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.91%), Vanguard Group Inc. (8.21%), Boston Partners (4.52%), First Eagle Investment Management LLC (4.25%), Franklin Resources Inc. (4.21%) and State Street Corp (3.73%). Company insiders that own Alleghany Corporation stock include Jefferson Kirby, Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany Corporation.

Alleghany Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Citadel Advisors LLC, Prudential Financial Inc., State Street Corp, Artisan Partners Limited Partnership, Franklin Resources Inc., First Trust Advisors LP and Goldman Sachs Group Inc.. Company insiders that have sold Alleghany Corporation stock in the last year include Jefferson Kirby, Phillip M Martineau and William K Lavin. View Insider Buying and Selling for Alleghany Corporation.

Alleghany Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Davis Selected Advisers, Janus Henderson Group PLC, Findlay Park Partners LLP, Eaton Vance Management, Thompson Siegel & Walmsley LLC, Vanguard Group Inc. and Boston Partners. View Insider Buying and Selling for Alleghany Corporation.

Shares of Alleghany Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alleghany Corporation stock can currently be purchased for approximately $564.48.