Ally Financial Inc. (ALLY)
| Market Cap | 11.87B |
| Revenue (ttm) | 8.21B |
| Net Income (ttm) | 910.00M |
| Shares Out | 303.96M |
| EPS (ttm) | 2.98 |
| PE Ratio | 13.10 |
| Forward PE | 12.54 |
| Dividend | $1.20 (3.07%) |
| Ex-Dividend Date | Apr 30, 2024 |
| Volume | 6,733,556 |
| Open | 38.97 |
| Previous Close | 38.71 |
| Day's Range | 38.75 - 39.34 |
| 52-Week Range | 22.54 - 41.56 |
| Beta | 1.38 |
| Analysts | Hold |
| Price Target | 38.12 (-2.38%) |
| Earnings Date | Apr 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 $8.21 billion, a decrease of -2.54% compared to the previous year's $8.43 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 "Hold." The 12-month stock price forecast is $38.12, which is a decrease of -2.38% from the latest price.
News
Ally Financial reports first quarter 2024 financial results
CHARLOTTE, N.C. , April 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2024 results.
Ascendion Receives Ally Financial Innovation Award at 2024 Supplier Symposium
Ascendion, the first to receive the inaugural award, recognized for excellence in delivering innovative technology solutions and positive outcomes with software engineering. Ally's Supplier Symposium ...
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
DETROIT , April 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 May ...
Ally Financial Names Discover Chief Michael Rhodes as CEO
Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29.
Ally Financial names Michael Rhodes as CEO
Ally Financial said on Wednesday that Michael Rhodes will take over as chief executive officer of the company from April 29.
Discover CEO resigns to take top job at Ally Financial
Discover Financial Services DFS, +2.06% said Wednesday that it had accepted the resignation of Chief Executive Michael G. Rhodes, who is moving on to become CEO at Ally Financial Inc. ALLY, +1.61% Rho...
Ally Bank Launches Home Grant Program Alongside New Eligibility Search Tool
Ally Home Grant will be visible on the lender's home search portal; an industry-disruptive move enabled by HouseCanary to help make assistance more accessible – and homeownership more attainable – for...
Charlotte Sports Foundation and Ally Financial Unveil 2024 Ally Tipoff Lineup and Extend Partnership through 2026
CHARLOTTE, N.C., March 14, 2024 /PRNewswire/ -- The Charlotte Sports Foundation (CSF) and Ally Financial Inc. (NYSE: ALLY), a financial services company with the nation's largest all-digital bank and ...
Ally Financial schedules release of first quarter financial results
CHARLOTTE, N.C., March 13, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter financial results for Thursday, April 18, 2024, at approximately 7:30 a....
Ally Financial Continues to Make Women's Sports Unmissable, Sponsors U.S. Tour for Wrexham AFC Women
Women's Club to Embark on First US Trip, Starting This Summer DETROIT , March 11, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), a financial services company with the United States' largest al...
Ally Financial to present at the RBC Capital Markets Financial Institutions Conference
CHARLOTTE, N.C. , Feb. 14, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the RBC Capital Markets Financial Institutions Conference on We...
TIME and Ally Financial name 2024 Dealer of the Year
Rita Case, president, CEO, and dealer principal at Rick Case Honda in Davie, Florida, wins 55th annual award that recognizes business acumen and community giving LAS VEGAS , Feb. 3, 2024 /PRNewswire/ ...
Ally Financial and USGA strike deal as U.S. Women's Open purse reaches new record
Ally Financial's Stephanie Marciano, Lilia Vu, the World's No.1 golfer, and Mike Whan, U.S. Golf Association CEO, join 'Power Lunch' to discuss the new partnership between the USGA and Ally Financial.
It's Official: Ally Financial and USGA Ink Multi-Year Deal
Ally becomes presenting partner of the U.S. Women's Open; founding partner of the U.S. National Development Program New partnership moves Ally closer to equal spending goal across men's and women's sp...
Synchrony to Acquire Ally Financial's POS Financing Arm
Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally's point-of-sale financing business. This acquisition includes $2.2 billion of loan receivables and relat...
Ally Financial Stock Jumps More Than 10% After Strong Q4 Results, Deal with Synchrony
Ally Financial (ALLY) shares jumped Friday as the company posted better-than-expected results and announced it was selling its point-of-sale financing arm to Synchrony Financial (SYF).
Ally's stock rallies after earnings beat and deal with Synchrony
Ally Financial Inc.'s stock was up nearly 10% during the trading session on Friday — its best one-day rise in nearly a year — after the bank's earnings beat Wall Street estimates and the bank agreed t...
Ally Financial reports fourth quarter and full year 2023 financial results
CHARLOTTE, N.C. , Jan. 19, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its fourth quarter and full year 2023 financial results.
Ally Names Dealer Financial Services President Douglas Timmerman as Interim CEO
Ally Financial named its president of dealer financial services, Douglas Timmerman, as its interim CEO. Timmerman will assume the role Feb. 1, following the departure of current CEO Jeffrey J.
Haig Partners Adds Dave Rowe, Former CFO of Sewell Automotive Companies and Regional Vice President at Ally Financial, as Managing Director
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, the leading buy-sell advisory firm to owners of higher-value dealerships, is pleased to announce the addition of Dave Rowe, a respected leade...
Doug Timmerman appointed interim CEO of Ally Financial
Timmerman brings 30-plus years of Ally experience to the role CHARLOTTE, N.C. , Jan. 12, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Douglas Timmerman, president of deal...
Ally Financial schedules release of fourth quarter and full year 2023 financial results
CHARLOTTE, N.C. , Dec. 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its fourth quarter and full year 2023 financial results for Friday, January 19, 2024, at a...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Wall Street's Most Accurate Analysts Say Buy These 3 Financial Stocks With Over 4% Dividend Yields - Carlyle Group (NASDAQ:CG), Ally Financial (NYSE:ALLY)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...