NYSE:Y - Alleghany Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$686.61 +0.63 (+0.09 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$685.98
Today's Range$680.03 - $688.02
52-Week Range$558.50 - $689.29
Volume67,501 shs
Average Volume76,879 shs
Market Capitalization$9.92 billion
P/E Ratio42.57
Dividend YieldN/A
Beta0.77
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.

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.

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$6.89 billion
Cash Flow$25.2059 per share
Book Value$570.30 per share

Profitability

Net Income$39.53 million

Miscellaneous

Employees9,300
Market Cap$9.92 billion
Next Earnings Date8/1/2019 (Estimated)
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 were Alleghany's earnings last quarter?

Alleghany Co. (NYSE:Y) released its quarterly earnings data on Tuesday, May, 7th. The insurance provider reported $9.66 earnings per share for the quarter, beating the consensus estimate of $9.51 by $0.15. The insurance provider earned $2.32 billion during the quarter. Alleghany had a net margin of 4.04% and a return on equity of 2.53%. The firm's revenue for the quarter was up 46.4% on a year-over-year basis. During the same period in the previous year, the firm earned $11.24 earnings per share. View Alleghany's Earnings History.

When is Alleghany's next earnings date?

Alleghany is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Alleghany.

What price target have analysts set for Y?

3 brokers have issued 12-month price objectives for Alleghany's stock. Their predictions range from $700.00 to $700.00. On average, they expect Alleghany's stock price to reach $700.00 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for Alleghany.

What is the consensus analysts' recommendation for Alleghany?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alleghany in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alleghany.

Has Alleghany been receiving favorable news coverage?

Press coverage about Y stock has trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press 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 five, with scores nearest to five being the most favorable. Alleghany earned a news impact score of -2.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 Costco Wholesale (COST), Applied Materials (AMAT), American Express (AXP), JPMorgan Chase & Co. (JPM), 3M (MMM), Amgen (AMGN), Booking (BKNG), Cisco Systems (Csco), Lululemon Athletica (LULU) and NVIDIA (NVDA).

Who are Alleghany's key executives?

Alleghany's management team includes the folowing 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)

Who are Alleghany's major shareholders?

Alleghany's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.66%), Boston Partners (5.84%), First Eagle Investment Management LLC (4.46%), Victory Capital Management Inc. (3.07%), Wellington Management Group LLP (2.57%) and JPMorgan Chase & Co. (2.41%). 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 Findlay Park Partners LLP, Boston Partners, Victory Capital Management Inc., Artisan Partners Limited Partnership, Becker Capital Management Inc., QV Investors Inc., Royce & Associates LP and JPMorgan Chase & Co.. 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.

Which major investors are buying Alleghany stock?

Y stock was acquired by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, Martingale Asset Management L P, Renaissance Technologies LLC, Nordea Investment Management AB, Bank of Montreal Can, BlackRock Inc. and Shufro Rose & Co. LLC. 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 $686.61.

How big of a company is Alleghany?

Alleghany has a market capitalization of $9.92 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.

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:  2.7 out of 5 (star star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  448
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 5/22/2019 by MarketBeat.com Staff

Featured Article: Treasury Bonds

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