Alleghany Corporation (Y)
| Market Cap | 9.10B |
| Revenue (ttm) | 10.07B |
| Net Income (ttm) | 693.01M |
| Shares Out | 13.99M |
| EPS (ttm) | 48.89 |
| PE Ratio | 13.36 |
| Forward PE | 12.11 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 18 |
| Last Price | $653.42 |
| Previous Close | $678.45 |
| Change ($) | -25.03 |
| Change (%) | -3.69% |
| Day's Open | 671.87 |
| Day's Range | 652.11 - 672.68 |
| Day's Volume | 235,286 |
| 52-Week Range | 460.58 - 737.89 |
RLI stands to benefit from rate increases, compelling product portfolio, and effective capital deployment.
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 to boost its non-insurance revenues and increase its geographical presence.
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 benefit from better results at the Reinsurance and Alleghany Capital segments but a soft performance at the Insurance segment bothers.
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...
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...
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...
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).
New York, New York--(Newsfile Corp. - March 31, 2021) - Levi & Korsinsky announces it has commenced an investigation of Alleghany Corporation (NYSE: Y) concerning possible breaches of fiduciary duty. T...
NEW YORK, March 26, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) announced today it has published its inaugural Environmental, Social and Governance ("ESG") report. The report focuses on four c...
Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
The P&C insurance industry is well poised to benefit from improved pricing, prudent underwriting and increased exposure despite rise in catastrophe losses. FAF, CNA, SIGI, FNF and Y are some industry pl...
New York, New York--(Newsfile Corp. - March 16, 2021) - Levi & Korsinsky announces it has commenced an investigation of Alleghany Corporation (NYSE: Y) concerning possible breaches of fiduciary duty. To...
Alleghany (Y) is poised to benefit from improving rates, growth in business lines and solid financial position.
NEW YORK, March 3, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) announced today that Weston M. Hicks, President and Chief Executive Officer, has elected to retire as Chief Executive Officer and ...
Alleghany's (Y) Q4 results benefit from growth in premiums and underwriting income, partially offset by lower investment income and higher expenses.
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the fourth quarter and full year ended December 31, 2020. A complete, full-text news rele...
NEW YORK, Jan. 25, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the fourth quarter and full year of 2020 after the market closes on ...
Alleghany (Y) is poised to benefit from improving rates, growth in business lines and solid financial position.
NEW YORK, Jan. 5, 2021 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that it exited its investment in Stranded Oil Resources Corporation ("SORC") in a transaction that closed on Decemb...
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Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
Alleghany Corporation (Y) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Alleghany (Y) Q3 results reflect soft performance at both its Insurance and Reinsurance segments.
NEW YORK, Nov. 3, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the third quarter ended September 30, 2020. A complete, full-text news release for Allegha...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of Transatlantic Reinsurance Co...
Alleghany (Y) continues to suffer from catastrophe losses and prevailing low interest rate environment.
NEW YORK, Oct. 7, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the third quarter of 2020 after the market closes on Tuesday, Novembe...
Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
NEW YORK, Aug. 31, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced that Weston M.
Alleghany Corporation (Y) is well-poised for growth, riding on solid underwriting and a sturdy financial position.
Alleghany (Y) Q2 earnings reflect soft performance at both its Insurance and Reinsurance segment.
NEW YORK, Aug. 4, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the second quarter ended June 30, 2020.
NEW YORK, July 10, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it will release its financial results for the second quarter of 2020 after the market closes on Tuesday, Augus...
Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
Alleghany (Y) continues to grapple with escalating costs and lower interest rates.
Alleghany (Y) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.
Alleghany (Y) Q1 earnings reflect better results at Insurance segment but soft performance at Reinsurance segment.
Alleghany's (Y) unit acquires toy manufacturer Kellytoy to become the leading supplier in the global plush market.
Alleghany's (Y) unit, Alleghany Capital acquires a majority stake in Wilbert in a bid to boost noninsurance revenues generated from middle-market businesses.
Alleghany (Y) witnesses high costs, unpredictable cat occurrences and lower return on equity.
Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
Alleghany's (Y) unit acquires Supermill to reinforce its presence and boost the acquirer's portfolio of cutting consumables.
Alleghany's (Y) Q4 results benefit from higher investment income and growth in premiums, offset by rise in expenses.
P&C Insurance Industry Outlook Buoyant on Multiple Tailwinds
Alleghany (Y) reported earnings 30 days ago. What's next for the stock?
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'... [Read more...]
| Industry Insurance-Property & Casualty | Founded 1929 |
| CEO Weston Hicks | Employees 10,407 |
| Stock Exchange NYSE | Ticker Symbol Y |
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%.
Analyst Forecasts
According to 2 analysts, the average rating for Alleghany stock is "Buy." The 12-month stock price forecast is 832.50, which is an increase of 27.41% from the latest price.