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Alleghany Corporation (Y)

NYSE: Y · IEX Real-Time Price · USD
658.32 -0.41 (-0.06%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap9.02B
Revenue (ttm)11.11B
Net Income (ttm)677.80M
Shares Out13.70M
EPS (ttm)48.54
PE Ratio13.56
Forward PE12.11
Dividend$0.11 (0.02%)
Ex-Dividend Daten/a
Volume65,344
Open663.47
Previous Close658.73
Day's Range652.13 - 666.60
52-Week Range563.47 - 737.89
Beta0.71
AnalystsBuy
Price Target800.00 (+21.5%)
Earnings DateNov 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'...

IndustryInsurance
Founded1929
CEOWeston Hicks
Employees10,407
Stock ExchangeNYSE
Ticker SymbolY
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for Alleghany stock is "Buy" and the 12-month stock price forecast is 800.00.

Price Target
$800.00
(21.52% upside)
Analyst Consensus: Buy

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...

4 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

2 months ago - Forbes

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.

2 months ago - PRNewsWire

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.

Other symbols:AXSFAFKNSL
3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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'...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

Alleghany (Y) Continues to Gain From Solid Segment Performance

Alleghany (Y) is poised to benefit from strategic acquisitions, improving rates and solid financial position.

4 months ago - Zacks Investment Research

Invest in These Insurance Stocks to Boost Your Portfolio in 2H

We have shortlisted stocks like ALL, NMIH, Y, AIZ, ORI, PRU, AFL to enhance your portfolio for second-half of 2021 given their solid fundamentals.

Other symbols:AFLAIZALLNMIHORIPRU
5 months ago - Zacks Investment Research

RLI Looks Poised to Gain From Solid Segmental Performance

RLI stands to benefit from rate increases, compelling product portfolio, and effective capital deployment.

Other symbols:AFGHCIRLI
6 months ago - Zacks Investment Research

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.

6 months ago - Zacks Investment Research

Alleghany (Y) Acquires Wilbert With Piedmont Manufacturing

Alleghany (Y) acquires Wilbert to boost its non-insurance revenues and increase its geographical presence.

6 months ago - Zacks Investment Research

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...

6 months ago - PRNewsWire

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.

6 months ago - Zacks Investment Research

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...

6 months ago - PRNewsWire

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.

Other symbols:FRFHFMKL
7 months ago - The Motley Fool

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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).

Other symbols:GOOGLGSLENWSM
7 months ago - Zacks Investment Research