Ally Financial Inc. (ALLY)
| Market Cap | 10.83B |
| Revenue (ttm) | 6.76B |
| Net Income (ttm) | 774.00M |
| Shares Out | 304.71M |
| EPS (ttm) | 2.51 |
| PE Ratio | 14.16 |
| Forward PE | 9.70 |
| Dividend | $1.20 (3.38%) |
| Ex-Dividend Date | Nov 1, 2024 |
| Volume | 1,607,614 |
| Open | 35.54 |
| Previous Close | 35.57 |
| Day's Range | 35.30 - 35.84 |
| 52-Week Range | 26.50 - 45.46 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 39.60 (+11.46%) |
| Earnings Date | Oct 18, 2024 |
About ALLY
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of cre... [Read more]
Financial Performance
In 2023, Ally Financial's revenue was $7.11 billion, a decrease of -10.54% compared to the previous year's $7.94 billion. Earnings were $910.00 million, a decrease of -43.27%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for ALLY stock is "Buy." The 12-month stock price forecast is $39.6, which is an increase of 11.46% from the latest price.
News
Ally Announces Several New Leadership Appointments
The company promotes new chief risk officer and audit executive and welcomes new head of Deposits & Invest CHARLOTTE, N.C. , Nov. 20, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced t...
4 Regional Bank Stocks Set to Rise Under Trump
Citizens Financial, Ally Financial, Capital One, Huntington Bancshares, and M&T Bancorp are cheap bank stocks that look like buys, says Citi.
Buy 2 October Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...
Ally Financial: Shares Are Unlikely To Rebound Until Delinquencies Stabilize
Ally Financial's recent poor performance is due to rising credit costs, as delinquencies continue to increase. Q3 earnings were inflated by tax benefits, masking underlying issues like higher charge-o...
Ally Financial to present at the BancAnalysts Association of Boston Conference
CHARLOTTE, N.C. , Oct. 23, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday...
Ally Financial Warns of ‘Choppy' Quarters as Auto Income Falls
Ally Financial CEO Michael Rhodes says the company's next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter standar...
Ally Financial Inc. (ALLY) Q3 2024 Earnings Call Transcript
Ally Financial Inc. (NYSE:ALLY) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Sean Leary - Head of IR Michael Rhodes - CEO Russ Hutchinson - CFO Conference Call Pa...
Ally Financial reports third quarter 2024 financial results
CHARLOTTE, N.C. , Oct. 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2024 results.
Daily Dividend Report: Domino's, Pfizer, RTX, ALLY Financial, Ryder
On October 8, 2024, the Domino's Pizza Board of Directors declared a $1.51 per share quarterly dividend on its outstanding common stock for shareholders of record as of December 13, 2024, to be paid o...
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
DETROIT , Oct. 9, 2024 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.30 per share of the company's common stock, payable on Novemb...
Philander Smith and Southern University win 6th annual Moguls in the Making entrepreneurial pitch competition
Ally and Thurgood Marshall College Fund gathered 50 students to compete for over $200k in scholarships and prizes Two teams tied for first place, each student receiving a $20,000 scholarship and gua...
Trade Tracker: Brian Belski buys Southern Co. and sells Ally Financial, Ameriprise
Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio moves.
October's Top 3 Stocks Revealed by MarketBeat
MarketBeat offers numerous tools to investors, but the single most significant is the MarketRank™ tool. The MarketRank feature aggregates data for over 1.5 million global listings in eight categories ...
Time To Buy 2 September Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings from Kiplinger first appeared on 8/16/24 on BKH's SEC-Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 9/30/24 YChart...
‘Buy The Dip' Bank Signal Has Never Been Wrong
Ally Financial (ALLY) stock suffered a 17.1% bear gap on Sept. 10 after the bank issued a dire credit warning.
Financials Sector Fallout: Macro Clues From Conferences and Interim Data
Conference season brings about its own set of volatility catalysts. Portfolio managers and traders must keep their ears out for clues on the state of the broad economy, specific industries and individ...
Ally Financial schedules release of third quarter financial results
CHARLOTTE, N.C. , Sept. 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter financial results for Friday, October 18, 2024, at approximately 7:30 a...
Why JPMorgan and Other Bank Stocks Tumbled Tuesday
Bank stocks slumped on Tuesday as a torrent of unsettling business updates pouring out of an industry conference overshadowed a major regulatory win for the industry.
Ally's Stock Drops as its CFO Says Consumers Are Struggling and Delinquencies Are Rising
Ally Financial (ALLY) stock sank sharply after the bank's chief financial officer said at an investor conference that consumers are struggling with inflation and that Ally Bank's credit challenges hav...
Ally Financial shares plunge as lender says consumers are struggling to pay back loans
Ally Financial Corp.'s stock fell sharply on Tuesday after the consumer lender said delinquencies in its retail car-loan business were up more than expected as people continue to struggle with inflati...
Ally Financial stock drops 18% amid credit challenges: time to buy?
Ally Financial Inc. (NYSE: ALLY) saw its stock plummet by as much as 18% today following comments from Russell Hutchinson, the company's Chief Financial Officer. Hutchinson attributed the sharp declin...
Ally Financial flags 'intensifying' credit challenges; shares slump
Ally Financial's credit challenges have intensified over the quarter as borrowers struggled with high inflation and costs of living, the consumer lender's chief financial officer Russell Hutchinson sa...
Hope Mehlman to Join Ally as Chief Legal and Corporate Affairs Officer
Accomplished business leader and legal expert will lead a newly created Legal & Corporate Affairs Office at the company CHARLOTTE, N.C. , Sept. 9, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY...
Ally Financial: Bright Outlook Ahead, But Is Overvalued
Ally Financial has experienced strong stock performance, outperforming the S&P 500 and the Bank Index due to dovish monetary policy expectations. Despite positive outlooks and strategic improvements, ...
Ally and Calm Unite to Help Millions Reach Financial Goals Through Mental Wellbeing
The two join forces at the intersection of mental and financial health to provide resources focused on money mindfulness CHARLOTTE, N.C. , Aug. 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY...