Ally Financial Inc. (ALLY)
| Market Cap | 10.72B |
| Revenue (ttm) | 6.78B |
| Net Income (ttm) | 713.00M |
| Shares Out | 304.67M |
| EPS (ttm) | 2.32 |
| PE Ratio | 15.16 |
| Forward PE | 9.90 |
| Dividend | $1.20 (3.41%) |
| Ex-Dividend Date | Aug 1, 2024 |
| Volume | 2,683,455 |
| Open | 35.11 |
| Previous Close | 35.12 |
| Day's Range | 34.88 - 35.48 |
| 52-Week Range | 22.54 - 45.46 |
| Beta | 1.38 |
| Analysts | Buy |
| Price Target | 39.25 (+11.54%) |
| 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 19 analysts, the average rating for ALLY stock is "Buy." The 12-month stock price forecast is $39.25, which is an increase of 11.54% from the latest price.
News
Trade Tracker: Brian Belski buys Southern Co. and sells Ally Financial, Ameriprise
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‘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
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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...
Illinois Auto Dealer Named the 2024 Ally Sees Her Award Winner for Her Leadership in the Auto Industry and Her Commitment to Community
Karen Sutton-Ford, dealer principal at Sutton Ford in Matteson, Ill., was honored at National Association of Minority Automobile Dealers conference in Miami MIAMI , Aug. 26, 2024 /PRNewswire/ -- Kare...
Ally Financial to present at the Barclays Global Financial Services Conference
CHARLOTTE, N.C. , Aug. 22, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Barclays Global Financial Services Conference on Tuesday, S...
Ally Launches Free Nationwide Financial Wellness Program Grounded in Money Psychology
Nation's largest all-digital bank plants 'money tree' in NYC; awards $100,000 for shared 'money stories' nationwide CHARLOTTE, N.C. , Aug. 13, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) tod...
UNRIVALED SCORES WITH ALLY FINANCIAL, THE LEAGUE'S FIRST AND FOUNDING PARTNER
– Financial Services Company Known for its Commitment to Media Equity Advances League's Efforts to Ensure Fans Have Access to Games With Advanced Media Spend – NEW YORK , July 19, 2024 /PRNewswire/ --...
Ally Financial Analyst Sees 'Consistent Margin Expansion' Ahead: Q2 Results Breakdown
Shares of Ally Financial Inc ALLY remained under pressure on Thursday, after declining in the prior session amid a broader downturn in Wall Street stocks.
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier, due in part to losses from loans made when the ...
Ally Financial: Credit Concerns Likely Limit Upside After Q2 Results (Downgrade)
Ally Financial Inc. shares have risen 60% in the past year but dropped 3% after a solid but imperfect Q2 earnings report. Taxes create noise in EPS due to a tax credit for electric vehicle leases, imp...
Ally Financial Inc. (ALLY) Q2 2024 Earnings Call Transcript
Ally Financial Inc. (NYSE:ALLY) Q2 2024 Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Sean Leary - Head of IR Michael Rhodes - CEO Russ Hutchinson - CFO Conference Call Parti...
Ally Financial reports second quarter 2024 financial results
CHARLOTTE, N.C. , July 17, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2024 results.
Top Wall Street Forecasters Revamp Ally Financial Expectations Ahead Of Q2 Earnings
Ally Financial Inc. ALLY is scheduled to release its financial results for the second quarter, before the opening bell on Wednesday, July 17.
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
DETROIT , July 16, 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 Augus...