Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in two segments, Reinsurance and Insurance. The Reinsurance segment offers property reinsurance products, including fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as liability, medical malpractice, ocean marine and aviation, auto liability, accident and health, surety, and credit reinsurance products. This segment distributes its products and services through brokers, as well as directly to insurance and reinsurance companies. The Insurance segment underwrites specialty insurance coverages in the property, as well as umbrella/excess, general, management, and professional liability lines; and surety products comprising commercial and contract surety bonds, as well as workers' compensation insurance products. This segment distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The company also explores for and produces oil and gas; manufactures custom trailers and truck bodies for the moving and storage industry, and other markets; provides technical engineering services for pharmaceutical and biotechnology industries; and owns and manages improved and unimproved commercial land, and residential lots. In addition, it operates as a toy, and entertainment and musical instrument company; manufacturer/remanufacturer of specialty machine tools, as well as supplier of replacement parts, accessories, and services for various cutting technologies; structural steel fabricator and erector; and provider of products and services for the funeral and cemetery industries, and precast concrete markets. As of December 31, 2017, the company owned approximately 226 acres of property. Alleghany Corporation was founded in 1929 and is based in New York, New York.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
Phone212-752-1356
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.42 billion
Profitability
Miscellaneous
Employees4,402
OptionableOptionable
Alleghany (NYSE:Y) Frequently Asked Questions
What is Alleghany's stock symbol?
Alleghany trades on the New York Stock Exchange (NYSE) under the ticker symbol "Y."
How often does Alleghany pay dividends? What is the dividend yield for Alleghany?
Alleghany declared a special dividend on Friday, February 23rd. Stockholders of record on Monday, March 5th will be paid a dividend of $10.00 per share on Thursday, March 15th. The ex-dividend date of this dividend is Friday, March 2nd. View Alleghany's Dividend History.
How were Alleghany's earnings last quarter?
Alleghany Co. (NYSE:Y) announced its earnings results on Thursday, November, 1st. The insurance provider reported ($1.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $3.50 by $4.57. The insurance provider earned $1.35 billion during the quarter. Alleghany had a return on equity of 5.42% and a net margin of 12.34%. View Alleghany's Earnings History.
When is Alleghany's next earnings date?
What price target have analysts set for Y?
1 equities research analysts have issued 12 month price objectives for Alleghany's shares. Their predictions range from $650.00 to $650.00. On average, they anticipate Alleghany's stock price to reach $650.00 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Alleghany.
What is the consensus analysts' recommendation for Alleghany?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.
Has Alleghany been receiving favorable news coverage?
Media headlines about Y stock have trended positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alleghany earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Alleghany's key competitors?
Some companies that are related to Alleghany include Progressive (PGR), Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Loews (L), Markel (MKL), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cincinnati Financial (CINF), Cna Financial (CNA), Arch Capital Group (ACGL), W. R. Berkley (WRB), Everest Re Group (RE) and American Financial Group (AFG).
Who are Alleghany's key executives?
Alleghany's management team includes the folowing people:
- Mr. Weston M. Hicks, Pres, CEO & Director (Age 62)
- Mr. John Langton Sennott Jr., CPA, Sr. VP & CFO (Age 53)
- Mr. Christopher Kent Dalrymple Esq., Sr. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Joseph Patrick Brandon, Exec. VP (Age 60)
- Mr. Roger Bryce Gorham, Consultant (Age 56)
Who are Alleghany's major shareholders?
Alleghany's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Granite Investment Advisors LLC (0.10%), DNB Asset Management AS (0.08%), Moon Capital Management LLC (0.04%), Louisiana State Employees Retirement System (0.03%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Alleghany stock include Jefferson Kirby, Phillip M Martineau and William K Lavin. View Institutional Ownership Trends for Alleghany.
Which institutional investors are selling Alleghany stock?
Y stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Gulf International Bank UK Ltd, Oakbrook Investments LLC, First Hawaiian Bank, Louisiana State Employees Retirement System, Moon Capital Management LLC and Granite Investment Advisors LLC. View Insider Buying and Selling for Alleghany.
Which institutional investors are buying Alleghany stock?
Y stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Pensionfund DSM Netherlands, Pensionfund Sabic, Virtu Financial LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Alleghany.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Alleghany's stock price today?
One share of Y stock can currently be purchased for approximately $619.59.
How big of a company is Alleghany?
Alleghany has a market capitalization of $9.20 billion and generates $6.42 billion in revenue each year. The insurance provider earns $90.13 million in net income (profit) each year or $2.04 on an earnings per share basis. Alleghany employs 4,402 workers across the globe.
What is Alleghany's official website?
How can I contact Alleghany?
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.
MarketBeat Community Rating for Alleghany (NYSE Y)
MarketBeat's community ratings are surveys of what our community members think about Alleghany and other stocks. Vote "Outperform" if you believe Y will outperform the S&P 500 over the long term. Vote "Underperform" if you believe Y will underperform the S&P 500 over the long term. You may vote once every thirty days.
