Ally Financial Inc. (ALLY)
| Market Cap | 10.53B |
| Revenue (ttm) | 8.35B |
| Net Income (ttm) | 1.11B |
| Shares Out | 301.63M |
| EPS (ttm) | 3.68 |
| PE Ratio | 9.49 |
| Forward PE | 10.61 |
| Dividend | $1.20 (3.44%) |
| Ex-Dividend Date | Oct 31, 2023 |
| Volume | 2,178,712 |
| Open | 34.94 |
| Previous Close | 35.12 |
| Day's Range | 34.67 - 35.07 |
| 52-Week Range | 21.59 - 35.78 |
| Beta | 1.40 |
| Analysts | Hold |
| Price Target | 30.81 (-11.77%) |
| Earnings Date | Jan 19, 2024 |
About ALLY
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It 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 ... [Read more]
Financial Performance
In 2022, Ally Financial's revenue was $8.43 billion, an increase of 2.71% compared to the previous year's $8.21 billion. Earnings were $1.60 billion, a decrease of -46.59%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for ALLY stock is "Hold." The 12-month stock price forecast is $30.81, which is a decrease of -11.77% from the latest price.
News
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...
Ally Financial to present at the Goldman Sachs US Financial Services Conference
CHARLOTTE, N.C. , Nov. 17, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Goldman Sachs US Financial Services Conference on Wednesday...
'Do It Right' with AI: Ally creators experiment with generative AI in marketing test case
Early results show Ally.ai capabilities could boost speed, drive team creativity and productivity CHARLOTTE, N.C. , Nov. 16, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today the e...
HouseCanary Collaborates with Ally to Launch Integrated ComeHome Platform
SAN FRANCISCO--(BUSINESS WIRE)--HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, today announced it is collaborating with Ally Financial Inc. (NYSE...
Ally Financial to present at the BancAnalysts Association of Boston Conference
CHARLOTTE, N.C. , Oct. 24, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday...
Ally Financial reports third quarter 2023 financial results
CHARLOTTE, N.C. , Oct. 18, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2023 financial results.
Ally and NAMAD recognize Illinois Native as an emerging female leader in the automotive industry
MIAMI , Oct. 16, 2023 /PRNewswire/ -- Gabrielle Abinion of Fox Valley Volkswagen in St. Charles, Illinois was honored with this year's "Ally Sees Her" award for her proven leadership in the automotive...
Ally Financial Chief Executive Jeffrey J. Brown to leave company in January or possibly sooner
Ally Financial Inc. ALLY, +1.96% stock was down 0.6% in premarket trading Wednesday after the company said Chief Executive Jeffrey J. Brown will step down by early next year to take a job as president...
Ally Financial CEO Jeffrey J. Brown Announces Plans to Step Down
Brown has served as Ally's Chief Executive Officer since 2015 Brown will remain through early 2024 before becoming President of Hendrick Automotive Group CHARLOTTE, N.C. , Oct. 11, 2023 /PRNewswire/ -...
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
DETROIT , Oct. 10, 2023 /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 Novem...
Ally launches proprietary, enterprise AI platform
Focus on internal problem solving, security and scalability underpins Ally's foray into generative AI CHARLOTTE, N.C. , Sept. 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today ...
Ally Financial schedules release of third quarter financial results
CHARLOTTE, N.C. , Sept. 13, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter financial results for Wednesday, October 18, 2023, at approximately 7:3...
N.C. A&T State University wins 5th annual Moguls in the Making entrepreneurial pitch competition
Ally and Thurgood Marshall College Fund gather 60 students to compete for over $200k in scholarships and prizes In their first year competing, North Carolina Central University and Texas Southern Univ...
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...
Factbox: Major US banks downgraded by Moody's on worsening outlook
Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.
Moody's places credit ratings of 6 major U.S. banks on review for downgrade
Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings ...
This Stock Has A 4.26% Yield And Sells For Less Than Book
For example, the recent ALLY share price of $28.14 represents a price-to-book ratio of 0.8 and an annual dividend yield of 4.26%
Ally Financial reports second quarter 2023 financial results
CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2023 financial results.
Empowering communities: Ally commits nearly $1 billion to housing initiatives
Grants and investments support affordable housing and homeownership in Detroit, Charlotte and beyond DETROIT , July 11, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), the nation's largest all-...
These 20 banks have had the largest cuts to earnings estimates
Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big s...
Ally Financial schedules release of second quarter financial results
CHARLOTTE, N.C. , June 14, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter financial results for Wednesday, July 19, 2023, at approximately 7:30 a...