Log in

NYSE:Y - Alleghany Stock Price, Forecast & News

$547.80
-12.17 (-2.17 %)
(As of 03/29/2020 04:29 AM ET)
Today's Range
$534.38
Now: $547.80
$565.63
50-Day Range
$452.84
MA: $683.00
$839.47
52-Week Range
$426.87
Now: $547.80
$847.95
Volume66,405 shs
Average Volume108,659 shs
Market Capitalization$7.86 billion
P/E Ratio9.27
Dividend YieldN/A
Beta0.69
Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Alleghany Capital. The Reinsurance segment offers fire, allied lines, auto physical damage, and homeowners multiple peril reinsurance products; and casualty and other reinsurance products, such as medical malpractice, ocean marine and aviation, accident and health, mortgage, surety, and credit reinsurance products, as well as directors' and officers', errors and omissions, general, and auto liability reinsurance. It 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; surety products comprising commercial and contract surety bonds; and workers' compensation insurance products. It distributes its products through independent wholesale insurance brokers, and retail and general insurance agents. The Alleghany Capital segment manufacturer/remanufacturer of specialty machine tools, as well as custom trailers and truck bodies for the moving and storage industry, and other markets; and operates as a toy, and entertainment and musical instrument company. It also provides technical engineering services for pharmaceutical and biotechnology industries; products and services for the funeral and cemetery industries, and precast concrete markets; and hotel management and development services, as well as operates as a structural steel fabricator and erector. The company also explores for and produces oil; and owns and manages improved and unimproved commercial land, and residential lots. As of December 31, 2018, it owned approximately 125 acres of property. Alleghany Corporation was founded in 1929 and is based in New York, New York.
Read More
Alleghany logo

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
CUSIP01717510
Phone212-752-1356

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.04 billion
Cash Flow$31.54 per share
Book Value$609.78 per share

Profitability

Net Income$857.80 million

Miscellaneous

Employees10,786
Market Cap$7.86 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

Receive Y News and Ratings via Email

Sign-up to receive the latest news and ratings for Y and its competitors with MarketBeat's FREE daily newsletter.


Alleghany (NYSE:Y) Frequently Asked Questions

How has Alleghany's stock been impacted by COVID-19 (Coronavirus)?

Alleghany's stock was trading at $582.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, Y stock has decreased by 5.9% and is now trading at $547.80. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alleghany?

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

When is Alleghany's next earnings date?

Alleghany is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Alleghany.

How were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) released its earnings results on Wednesday, February, 19th. The insurance provider reported ($6.09) EPS for the quarter, missing the consensus estimate of $8.86 by $14.95. The insurance provider had revenue of $2.30 billion for the quarter. Alleghany had a net margin of 9.49% and a return on equity of 3.99%. Alleghany's quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($4.35) earnings per share. View Alleghany's earnings history.

What price target have analysts set for Y?

4 Wall Street analysts have issued 1 year price targets for Alleghany's stock. Their forecasts range from $61.00 to $915.00. On average, they anticipate Alleghany's share price to reach $625.33 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Alleghany.

Has Alleghany been receiving favorable news coverage?

Media stories about Y stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alleghany earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAlleghany.

Are investors shorting Alleghany?

Alleghany saw a increase in short interest in March. As of March 13th, there was short interest totaling 160,100 shares, an increase of 29.3% from the February 27th total of 123,800 shares. Based on an average daily volume of 60,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock are sold short. View Alleghany's Current Options Chain.

Who are some of Alleghany's key competitors?

What other stocks do shareholders of Alleghany own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alleghany investors own include Altria Group (MO), Applied Materials (AMAT), Cisco Systems (Csco), Gilead Sciences (GILD), JPMorgan Chase & Co. (JPM), Pfizer (PFE), AT&T (T), Alphabet (GOOG), NVIDIA (NVDA) and Walt Disney (DIS).

Who are Alleghany's key executives?

Alleghany's management team includes the following people:
  • Mr. Weston M. Hicks CFA, 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. Jerry Gennaro Borrelli, VP of Fin. & Chief Accounting Officer (Age 53)

What is Alleghany's stock symbol?

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

Who are Alleghany's major shareholders?

Alleghany's stock is owned by a number of institutional and retail investors. Top institutional investors include Boston Partners (5.43%), First Eagle Investment Management LLC (4.29%), Franklin Resources Inc. (3.94%), Franklin Resources Inc. (3.93%), State Street Corp (3.83%) and Victory Capital Management Inc. (3.19%). Company insiders that own Alleghany stock include Phillip M Martineau and William K Lavin. View institutional ownership trends for Alleghany.

Which major investors are selling Alleghany stock?

Y stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Franklin Resources Inc., Renaissance Technologies LLC, AJO LP, Victory Capital Management Inc., Victory Capital Management Inc., PGGM Investments, and Jacobs Levy Equity Management Inc.. 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 activity for Alleghany.

Which major investors are buying Alleghany stock?

Y stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Anchor Capital Advisors LLC, National Pension Service, Great West Life Assurance Co. Can, Jennison Associates LLC, AQR Capital Management LLC, SG Americas Securities LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Alleghany's stock price today?

One share of Y stock can currently be purchased for approximately $547.80.

How big of a company is Alleghany?

Alleghany has a market capitalization of $7.86 billion and generates $9.04 billion in revenue each year. The insurance provider earns $857.80 million in net income (profit) each year or $23.77 on an earnings per share basis. Alleghany employs 10,786 workers across the globe. View additional information about Alleghany.

What is Alleghany's official website?

The official website for Alleghany is http://www.alleghany.com/.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  558
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel