In the latest trading session,, 0.82 million Ally Financial Inc (NYSE:ALLY) shares changed hands as the company’s beta touched 1.13. With the company’s most recent per share price at $32.81 changed hands at -$0.4 or -1.20% at last look, the market valuation stands at $10.08B. ALLY’s current price is a discount, trading about -38.56% off its 52-week high of $45.46. The share price had its 52-week low at $29.52, which suggests the last value was 10.03% up since then. When we look at Ally Financial Inc’s average trading volume, we note the 10-day average is 4.64 million shares, with the 3-month average coming to 4.42 million.
Analysts gave the Ally Financial Inc (ALLY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 22 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ALLY as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight. Ally Financial Inc’s EPS for the current quarter is expected to be 0.81.
Ally Financial Inc (NYSE:ALLY) trade information
Instantly ALLY was in red as seen in intraday trades today. With action 4.46%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -8.89%, with the 5-day performance at 4.46% in the green. However, in the 30-day time frame, Ally Financial Inc (NYSE:ALLY) is -12.39% down. Looking at the short shares, we see there were 12.75 million shares sold at short interest cover period of 2.28 days.
The consensus price target for the stock as assigned by Wall Street analysts is 42, meaning bulls need an upside of 21.88% from its recent market value. According to analyst projections, ALLY’s forecast low is 34 with 45 as the target high. To hit the forecast high, the stock’s price needs a -37.15% plunge from its current level, while the stock would need to soar -3.63% for it to hit the projected low.
Ally Financial Inc (ALLY) estimates and forecasts
Year-over-year growth is forecast to reach -2.45% down from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 2.03B. 14 analysts are of the opinion that Ally Financial Inc’s revenue for the current quarter will be 2.12B. The company’s revenue for the corresponding quarters a year ago was 2B and 2.1B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.39%. The estimates for the next quarter sales put growth at 1.04%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -16.14%. The 2025 estimates are for Ally Financial Inc earnings to increase by 48.10%, but the outlook for the next 5-year period is at 36.46% per year.
ALLY Dividends
Ally Financial Inc is expected to release its next quarterly earnings report on 2025-Apr-16. The 3.66% annual yield figure for the share gives it an annual dividend of 1.20. It is important to note, however, that the 3.66% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.12 per year.
Ally Financial Inc (NYSE:ALLY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.34% of Ally Financial Inc shares while 80.72% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.03%. There are 80.72% institutions holding the Ally Financial Inc stock share, with BERKSHIRE HATHAWAY INC the top institutional holder. As of 2024-06-30, the company held 9.4532% of the shares, roughly 29.0 million ALLY shares worth $1.15 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 9.2566% or 28.4 million shares worth $1.13 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . With 12.52 shares estimated at $411.35 million under it, the former controlled 4.08% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 2.92% of the shares, roughly 8.98 shares worth around $295.04 million.
