Alleghany Corporation (Y)
| Market Cap | 9.02B |
| Revenue (ttm) | 11.11B |
| Net Income (ttm) | 677.80M |
| Shares Out | 13.70M |
| EPS (ttm) | 48.54 |
| PE Ratio | 13.56 |
| Forward PE | 12.11 |
| Dividend | $0.11 (0.02%) |
| Ex-Dividend Date | n/a |
| Volume | 65,344 |
| Open | 663.47 |
| Previous Close | 658.73 |
| Day's Range | 652.13 - 666.60 |
| 52-Week Range | 563.47 - 737.89 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 800.00 (+21.5%) |
| Earnings Date | Nov 4, 2021 |
About Y
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'...
Financial Performance
In 2020, Alleghany's revenue was $8.90 billion, a decrease of -1.59% compared to the previous year's $9.04 billion. Earnings were $101.75 million, a decrease of -88.14%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for Alleghany stock is "Buy" and the 12-month stock price forecast is 800.00.
News
Alleghany Corporation Reports 2021 Third Quarter and Releases Letter to Shareholders - Notice
NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the third quarter ended September 30, 2021. A complete, full-text news release for Allegh...
Alleghany Capital Corporation Announces IPS's Acquisition of Linesight
NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that its subsidiary, IPS-Integrated Proje...
Alleghany (Y) Banks on Premium Growth Amid Cost Concerns
Alleghany (Y) holds potential to reap benefits driven by higher premiums from automobile- business and solid financial position, offset by elevated expenses and cat loss.
Alleghany Corporation to Announce 2021 Third Quarter Results on November 4, 2021
NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the third quarter of 2021 after the market closes on Thursday, Novem...
Will Alleghany Stock Recover To Its Pre-Covid Level?
Alleghany Corporation stock currently trades at $628 per share, approximately 25% below its pre-Covid-19 peak, and seems like a good investment opportunity. Alleghany, which mainly offers property and c...
Chris H. Cheesman Joins Alleghany Corporation Board of Directors
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that its Board of Directors has elected Chris H.
4 Growth Stocks to Buy From the Top-Ranked P&C Insurance Space
Given the prospects of the Property and Casualty Insurance industry, AXS, FAF, KNSL and Y have the potential to generate better returns than other players.
Alleghany Corporation to Present at Keefe, Bruyette & Woods Insurance Conference
NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that Joseph P. Brandon, its President, will participate virtually in a fireside chat at the Keefe, Bruyette & Wood...
Alleghany (Y) Completes Pricing of $500 Million Senior Notes
Alleghany (Y) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.
Alleghany Announces Pricing Of $500 Million Of 3.250% Senior Notes Due 2051
NEW YORK, Aug. 10, 2021 /PRNewswire/ -- Alleghany Corporation ("Alleghany") (NYSE-Y) today announced that it has priced its public offering of $500 million of 3.250% Senior Notes due 2051 (the "Senior N...
Alleghany (Y) Q2 Earnings Top Estimates, Revenues Up Y/Y
Alleghany (Y) Q2 results reflect growth in premiums and net investment income, partially offset by higher expenses.
Alleghany Corporation Reports 2021 Second Quarter -- Notice
NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the second quarter ended June 30, 2021. A complete, full-text news release for Alleghany'...
Alleghany Corporation to Announce 2021 Second Quarter Results on August 5, 2021
NEW YORK, July 9, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the second quarter of 2021 after the market closes on Thursday, Augus...
Alleghany (Y) Continues to Gain From Solid Segment Performance
Alleghany (Y) is poised to benefit from strategic acquisitions, improving rates and solid financial position.
RLI Looks Poised to Gain From Solid Segmental Performance
RLI stands to benefit from rate increases, compelling product portfolio, and effective capital deployment.
What Makes Alleghany (Y) a New Buy Stock
Alleghany (Y) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Alleghany (Y) Acquires Wilbert With Piedmont Manufacturing
Alleghany (Y) acquires Wilbert to boost its non-insurance revenues and increase its geographical presence.
Alleghany Capital Corporation Announces Formation Of Piedmont Manufacturing Group, LLC And Its Acquisition Of Wilbert...
NEW YORK, May 11, 2021 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has formed a new wholly-owned subs...
Alleghany (Y) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
Alleghany (Y) Q1 earnings benefit from better results at the Reinsurance and Alleghany Capital segments but a soft performance at the Insurance segment bothers.
Alleghany Corporation Reports 2021 First Quarter -- Notice
NEW YORK, May 6, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the first quarter ended March 31, 2021. A complete, full-text news release for Alleghany's...
3 Contenders for the Title of 'The Next Berkshire Hathaway'
Funding a great investment portfolio with lots of cash from insurance is much harder than it sounds.
Alleghany Corporation to Host Alleghany Capital Corporation Virtual Investor Meeting on May 14, 2021
NEW YORK, April 15, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will host an Alleghany Capital Corporation ("Alleghany Capital") virtual investor meeting on Friday, May 1...
Alleghany Corporation to Announce 2021 First Quarter Results on May 6, 2021
NEW YORK, April 9, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the first quarter of 2021 after the market closes on Thursday, May 6...
5 Top Growth Stocks to Boost Your Portfolio Returns in Q2
Series of rosy economic data is surely going to help stocks scale northward in the near term, which calls for investing in growth players like Goldman Sachs (GS), Alphabet (GOOGL) & Lennar (LEN).