Shares of Ally Financial Inc. (NYSE:ALLY – Get Free Report) have been given a consensus rating of “Hold” by the seventeen analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $40.38.
Several research firms have recently issued reports on ALLY. StockNews.com raised shares of Ally Financial from a “sell” rating to a “hold” rating in a research note on Saturday, October 19th. Bank of America dropped their price objective on Ally Financial from $46.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, September 11th. Keefe, Bruyette & Woods reduced their target price on Ally Financial from $50.00 to $44.00 and set an “outperform” rating for the company in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ally Financial from $51.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, July 1st. Finally, Evercore ISI reduced their price objective on shares of Ally Financial from $47.00 to $38.00 and set an “in-line” rating for the company in a research report on Monday, October 7th.
Read Our Latest Stock Analysis on ALLY
Institutional Inflows and Outflows
Ally Financial Stock Down 0.2 %
Shares of ALLY stock opened at $34.41 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 1.39. Ally Financial has a twelve month low of $23.26 and a twelve month high of $45.46. The stock has a 50 day moving average of $36.96 and a 200 day moving average of $38.98. The stock has a market cap of $10.46 billion, a P/E ratio of 14.04, a P/E/G ratio of 0.42 and a beta of 1.39.
Ally Financial (NYSE:ALLY – Get Free Report) last posted its earnings results on Friday, October 18th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.38. The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.03 billion. Ally Financial had a net margin of 10.26% and a return on equity of 8.37%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 EPS. As a group, sell-side analysts expect that Ally Financial will post 2.87 EPS for the current year.
Ally Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.49%. The ex-dividend date is Friday, November 1st. Ally Financial’s payout ratio is presently 48.98%.
Ally Financial Company Profile
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.
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