Alleghany Stock Price, News & Analysis (NYSE:Y)

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

Alleghany Co. (NYSE:Y) released its quarterly earnings results on Tuesday, August, 6th. The insurance provider reported $12.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.48 by $2.92. The insurance provider earned $2.10 billion during the quarter. Alleghany had a return on equity of 2.88% and a net margin of 3.86%. During the same quarter last year, the company posted $9.78 EPS. View Alleghany's Earnings History.

Alleghany is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Alleghany.

5 brokerages have issued 1-year price targets for Alleghany's stock. Their predictions range from $61.00 to $900.00. On average, they expect Alleghany's stock price to reach $612.00 in the next year. This suggests that the stock has a possible downside of 19.7%. View Analyst Price Targets for Alleghany.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.

News coverage about Y stock has trended somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alleghany earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Alleghany.

Alleghany saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 117,700 shares, a decrease of 11.9% from the August 15th total of 133,600 shares. Based on an average trading volume of 71,500 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.8% of the company's shares are short sold. 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), Partnerre (PRE.PH) and Platinum Underwriters (PTP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include Applied Materials (AMAT), JPMorgan Chase & Co. (JPM), Costco Wholesale (COST), Cisco Systems (CSCO), NVIDIA (NVDA), American Express (AXP), 3M (MMM), Amgen (AMGN), Biogen (BIIB) and Booking (BKNG).

Alleghany's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.11%), Speece Thorson Capital Group Inc. (0.10%), Robeco Institutional Asset Management B.V. (0.09%), Zurcher Kantonalbank Zurich Cantonalbank (0.07%), State of Alaska Department of Revenue (0.07%) and Gateway Investment Advisers LLC (0.06%). 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 Assenagon Asset Management S.A., Speece Thorson Capital Group Inc., Pacer Advisors Inc., Banyan Capital Management Inc., Crossmark Global Holdings Inc., Mcrae Capital Management Inc., State of Michigan Retirement System and First Hawaiian Bank. 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Gateway Investment Advisers LLC, Zurcher Kantonalbank Zurich Cantonalbank, State of Alaska Department of Revenue, 6 Meridian, Robeco Institutional Asset Management B.V., OLD National Bancorp IN and Ballentine Partners LLC. 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 $761.93.

Alleghany has a market capitalization of $10.99 billion and generates $6.89 billion in revenue each year. The insurance provider earns $39.53 million in net income (profit) each year or $16.13 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.