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

Alleghany is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Alleghany.

5 equities research analysts have issued 1-year price targets for Alleghany's shares. Their predictions range from $61.00 to $900.00. On average, they anticipate Alleghany's stock price to reach $553.6667 in the next year. This suggests that the stock has a possible downside of 28.3%. 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.

Media stories about Y stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alleghany earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Alleghany.

Alleghany saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 134,700 shares, an increase of 21.9% from the July 31st total of 110,500 shares. Based on an average daily volume of 86,700 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.0% of the shares of the company are sold short. View Alleghany's Current Options Chain.

Some companies that are related to Alleghany include Progressive (PGR), Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Cincinnati Financial (CINF), Arch Capital Group (ACGL), Markel (MKL), Loews (L), Cna Financial (CNA), W. R. Berkley (WRB), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Everest Re Group (RE) and American Financial Group (AFG).

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

Alleghany's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.42%), BlackRock Inc. (10.42%), Vanguard Group Inc. (9.19%), Boston Partners (5.62%), Victory Capital Management Inc. (3.21%) and JPMorgan Chase & Co. (2.52%). 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 Findlay Park Partners LLP, BlackRock Inc., BlackRock Inc., Boston Partners, Bank of New York Mellon Corp, First Trust Advisors LP, Lomas Capital Management LLC and Man Group plc. 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prudential Financial Inc., Renaissance Technologies LLC, California Public Employees Retirement System, Victory Capital Management Inc., JPMorgan Chase & Co., Invesco Ltd. and Russell Investments Group Ltd.. 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 $772.47.

Alleghany has a market capitalization of $11.15 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.