Ally Financial Inc. (ALLY)
| Market Cap | 7.74B |
| Revenue (ttm) | 8.40B |
| Net Income (ttm) | 1.12B |
| Shares Out | 301.62M |
| EPS (ttm) | 3.68 |
| PE Ratio | 6.97 |
| Forward PE | 7.56 |
| Dividend | $1.20 (4.68%) |
| Ex-Dividend Date | Jul 31, 2023 |
| Volume | 5,298,704 |
| Open | 26.58 |
| Previous Close | 26.68 |
| Day's Range | 25.53 - 26.68 |
| 52-Week Range | 21.59 - 35.78 |
| Beta | 1.33 |
| Analysts | Hold |
| Price Target | 30.73 (+19.76%) |
| Earnings Date | Oct 18, 2023 |
About ALLY
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It 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 ... [Read more]
Financial Performance
In 2022, Ally Financial's revenue was $8.43 billion, an increase of 2.71% compared to the previous year's $8.21 billion. Earnings were $1.60 billion, a decrease of -46.59%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for ALLY stock is "Hold." The 12-month stock price forecast is $30.73, which is an increase of 19.76% from the latest price.
News
Ally launches proprietary, enterprise AI platform
Focus on internal problem solving, security and scalability underpins Ally's foray into generative AI CHARLOTTE, N.C. , Sept. 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today ...
Ally Financial schedules release of third quarter financial results
CHARLOTTE, N.C. , Sept. 13, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter financial results for Wednesday, October 18, 2023, at approximately 7:3...
N.C. A&T State University wins 5th annual Moguls in the Making entrepreneurial pitch competition
Ally and Thurgood Marshall College Fund gather 60 students to compete for over $200k in scholarships and prizes In their first year competing, North Carolina Central University and Texas Southern Univ...
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...
Factbox: Major US banks downgraded by Moody's on worsening outlook
Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.
Moody's places credit ratings of 6 major U.S. banks on review for downgrade
Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings ...
This Stock Has A 4.26% Yield And Sells For Less Than Book
For example, the recent ALLY share price of $28.14 represents a price-to-book ratio of 0.8 and an annual dividend yield of 4.26%
Ally Financial reports second quarter 2023 financial results
CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2023 financial results.
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
DETROIT , July 17, 2023 /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 Augus...
Empowering communities: Ally commits nearly $1 billion to housing initiatives
Grants and investments support affordable housing and homeownership in Detroit, Charlotte and beyond DETROIT , July 11, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), the nation's largest all-...
These 20 banks have had the largest cuts to earnings estimates
Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big s...
Ally Financial schedules release of second quarter financial results
CHARLOTTE, N.C. , June 14, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter financial results for Wednesday, July 19, 2023, at approximately 7:30 a...
Ally Financial to present at the Morgan Stanley US Financials, Payments & CRE Conference
CHARLOTTE, N.C. , May 24, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) President of Dealer Financial Services, Doug Timmerman, will present at the Morgan Stanley US Financials, Payments & CRE...
Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?
At the most recent Berkshire Hathaway Inc. NYSE: BRK.B investors conference in early May, Warren Buffett offered some insights into his most recent buys and sells, but more detail was released in a r...
Ally's 50/50 Pledge reaches 1-year milestone, all-star roster joins brand on quest for media equity in sports
One year in and Ally is ahead of schedule, nearing a 60/40 split in its sports paid media spending across men's and women's sports Meet Team Ally – 11 influential athletes and creators joining forces ...
New Ally survey reveals "Bucket Lists" and affordability top-of-mind for Americans
Ally releases consumer survey on National Bucket List Day alongside the launch of its newest money management tool, Spending buckets CHARLOTTE, N.C. , April 24, 2023 /PRNewswire/ -- On this National ...
Ally Financial stock falls after it sees ‘tightened underwriting' impacting retail auto loans and misses its Q1 earnings mark
Ally Financial Inc. ALLY, -0.89% stock fell 3.5% in premarket trades after the auto and home lender said it expects 2023 retail auto originations to be on the lower end of its estimated low-$40 billio...
Ally Financial reports first quarter 2023 financial results
CHARLOTTE, N.C. , April 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2023 financial results.
Environmentally: Beehives fit for a queen coming to Charlotte
Grant will connect community and nature through educational events and experiences CHARLOTTE, N.C. , March 29, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced a grant to support ...
Ally Financial taps Goldman Sachs executive Hutchinson as CFO
Ally Financial Inc has hired Russell Hutchinson from Goldman Sachs as its chief financial officer effective July 3, the company said on Friday.
Ally Financial names Goldman Sachs veteran as new CFO
Ally Financial Inc. ALLY, -2.20% on Friday named Russell Hutchinson as its new chief financial officer. He previously worked at Goldman Sachs Group Inc. GS, +0.38% including 20 years at its investment...
Ally names Russell Hutchinson as chief financial officer
CHARLOTTE, N.C. , March 24, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced Russell (Russ) Hutchinson will join the company as its chief financial officer, effective July 3, 2023...
10 bank stocks that look cheap based on this valuation method — First Republic heads the list
No investor is surprised that the banking crisis has sent industry stocks tumbling, but following a two-day rally, it is time to take a closer look at bank valuations to consider which stocks may soar...