Ally Financial Inc. (NYSE:ALLY – Free Report) – Equities research analysts at Zacks Research upped their Q1 2027 earnings per share estimates for Ally Financial in a report released on Friday, September 5th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.36 per share for the quarter, up from their prior estimate of $1.33. The consensus estimate for Ally Financial’s current full-year earnings is $3.57 per share. Zacks Research also issued estimates for Ally Financial’s Q2 2027 earnings at $1.49 EPS and FY2027 earnings at $6.05 EPS.
Several other research analysts also recently commented on ALLY. Citigroup reissued a “buy” rating and issued a $59.00 target price (up from $55.00) on shares of Ally Financial in a report on Wednesday, July 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Ally Financial in a report on Monday, July 14th. Morgan Stanley reissued an “overweight” rating and issued a $47.00 target price (up from $39.00) on shares of Ally Financial in a report on Thursday, July 10th. Wells Fargo & Company raised Ally Financial from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $37.00 to $45.00 in a report on Tuesday, September 2nd. Finally, JPMorgan Chase & Co. boosted their target price on Ally Financial from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $43.67.
Ally Financial Stock Down 0.5%
NYSE ALLY opened at $41.37 on Monday. The company has a market capitalization of $12.73 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 0.32 and a beta of 1.13. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.30. Ally Financial has a 1-year low of $29.52 and a 1-year high of $42.46. The stock’s 50 day moving average is $39.42 and its two-hundred day moving average is $36.45.
Ally Financial (NYSE:ALLY – Get Free Report) last released its quarterly earnings data on Friday, July 18th. The financial services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.21. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.03 billion. Ally Financial had a return on equity of 9.48% and a net margin of 7.64%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 earnings per share.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of ALLY. WPG Advisers LLC bought a new position in Ally Financial in the 1st quarter worth approximately $25,000. Copia Wealth Management bought a new position in Ally Financial in the 1st quarter worth approximately $27,000. SVB Wealth LLC bought a new position in Ally Financial in the 1st quarter worth approximately $27,000. Allworth Financial LP raised its position in shares of Ally Financial by 385.2% during the 2nd quarter. Allworth Financial LP now owns 752 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 597 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of Ally Financial by 662.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 823 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 715 shares during the last quarter. Institutional investors own 88.76% of the company’s stock.
Ally Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 1st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, August 1st. Ally Financial’s payout ratio is 77.92%.
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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