Alleghany Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Alleghany stock.
View analyst ratings for Alleghany or view top-rated stocks.

Wall Street analysts have given Alleghany a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Alleghany wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Alleghany saw a increase in short interest in May. As of May 14th, there was short interest totaling 172,600 shares, an increase of 27.5% from the April 29th total of 135,400 shares. Based on an average trading volume of 67,300 shares, the short-interest ratio is presently 2.6 days. Approximately 1.3% of the shares of the stock are short sold.
View Alleghany's Short Interest.

Alleghany is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Alleghany.

Alleghany Co. (NYSE:Y) posted its quarterly earnings results on Wednesday, May, 5th. The insurance provider reported $9.81 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $4.26 by $5.55. The insurance provider earned $2.53 billion during the quarter. Alleghany had a trailing twelve-month return on equity of 3.39% and a net margin of 6.88%. During the same period last year, the business posted $4.99 earnings per share.
View Alleghany's earnings history.

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 (WHO). Since then, Y stock has increased by 15.3% and is now trading at $671.20.
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2 brokers have issued 12 month target prices for Alleghany's stock. Their forecasts range from $775.00 to $890.00. On average, they anticipate Alleghany's share price to reach $832.50 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price.
View analysts' price targets for Alleghany or view top-rated stocks among Wall Street analysts.

1 employees have rated Alleghany CEO Weston M. Hicks on Glassdoor.com. Weston M. Hicks has an approval rating of 100% among Alleghany's employees. This puts Weston M. Hicks in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Alleghany to a friend.

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) and Maiden (MHLD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include The Walt Disney (DIS), Pfizer (PFE), Gilead Sciences (GILD), AbbVie (ABBV), Applied Materials (AMAT), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Abbott Laboratories (ABT) and International Business Machines (IBM).

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

Alleghany's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.65%), Victory Capital Management Inc. (4.94%), Franklin Resources Inc. (4.20%), First Eagle Investment Management LLC (3.77%), Boston Partners (3.75%) and JPMorgan Chase & Co. (2.97%). Company insiders that own Alleghany stock include Christopher Kent Dalrymple, Kerry J Jacobs 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 First Eagle Investment Management LLC, Franklin Resources Inc., Nuveen Asset Management LLC, Swiss National Bank, Prudential Financial Inc., Bank of New York Mellon Corp, Ameriprise Financial Inc., and TD Asset Management Inc..
View insider buying and selling activity for Alleghany or view top insider-selling stocks.

Y stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Boston Partners, Assenagon Asset Management S.A., JPMorgan Chase & Co., Northern Trust Corp, Bank of Nova Scotia, and Thompson Siegel & Walmsley LLC.
View insider buying and selling activity for Alleghany or or view top insider-buying stocks.

Shares of Y can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of Y stock can currently be purchased for approximately $671.20.

Alleghany has a market capitalization of $9.35 billion and generates $8.90 billion in revenue each year. The insurance provider earns $101.75 million in net income (profit) each year or $15.89 on an earnings per share basis.

Alleghany employs 10,407 workers across the globe.

The following companies are subsidiares of Alleghany: AIHL Re LLC, Alleghany Insurance Holdings LLC, Bourn & Koch, CATA Services Company, Calpe Insurance Company Limited, CapSpecialty, Capitol Facilities Corporation, Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation, Covington Specialty Insurance Company, Fair American Insurance and Reinsurance Company, Fair American Select Insurance Company, Jazwares, Landmark American Insurance Company, Pacific Compensation Corporation, Pacific Compensation Insurance Company, PacificComp, Platte River Insurance Company, Professional Risk Management Services Inc., RSA Surplus Lines Insurance Services Inc., RSUI Group, RSUI Group Inc., RSUI Indemnity Company, Resurgens Specialty Underwriting Inc., Roundwood Asset Management LLC, TRC Escritório de Representacão no Brasil Ltda., TRC International Services S.A., TReIMCo Limited, TransRe, TransRe Europe Services Ltd., TransRe London Holdings Limited, TransRe London Limited, TransRe London Services Limited, TransRe S.A., TransRe Underwriting Managers Agency Ltd., TransRe Zurich Ltd., Transatlantic Holdings Inc., Transatlantic Polska Sp. z o.o., Transatlantic Re (Argentina) S.A., Transatlantic Reinsurance Company, and W&W Steel Company.

Alleghany was founded in 1929.

The official website for Alleghany is www.alleghany.com.

Alleghany is headquartered at 1411 BROADWAY 34TH FLOOR, NEW YORK NY, 10018.

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.