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.
infoAlly Financial is a mid cap stock with a total market cap of 7.93B.
infoThey trade on the NYSE and had their IPO 9 years and 6 months ago.
infoAlly Financial currently employs 11600 people.
infoAs of Wednesday, Aug 23 2023, Ally Financial’s share price is $26.28.
News Relating to Ally Financial
Seeking Alpha
Should We Worry About Ally Financial?
Friday Aug 18 2023 at 11:38
Auto loan quality is deteriorating, with delinquency rates surpassing pre-pandemic levels, particularly among subprime borrowers. Ally Financial’s 2Q23 earnings were solid, but the company faces challenges from rising short-term interest rates and potential declines in auto values. The company’s valuation is relatively low, but the risks of declining car values, sticky inflation, and elevated rates make it a cautious investment choice.
Market Watch
Moody’s places credit ratings of 6 major U.S. banks on review for downgrade
Tuesday Aug 08 2023 at 00:26
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 on several small and mid-sized banks as part of the credit ratings agency’s rash of rating actions on U.S. banks late Monday.
The Motley Fool
Warren Buffett Owns a Lot of Stocks — Here’s the One I’m Most Excited About
Thursday Jul 27 2023 at 06:12
Berkshire Hathaway owns 54 stocks in its portfolio, and there’s a solid investment case to be made for most of them. However, with the recent turmoil in the banking sector, there are still some excellent long-term investments to be found.
The Motley Fool
Why Ally Financial’s Lousy Q2 Could Signal a Problem for Carvana
Thursday Jul 27 2023 at 05:25
Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, suggesting they see growing risks.
Seeking Alpha
Buy 4 July Buffett Dividend Dogs And Watch 4 More
Tuesday Jul 25 2023 at 18:55
This Warren Buffett holdings list from Kiplinger first appeared 5/20/23 online. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 7/21/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 7/21/23, the top ten ranged 2.95%-8.52% by annual-yield and 46 of 48 ranged -25.29% to 39.55% per broker-estimated target price upsides. Analyst-augured top-ten net-gains from Buffett’s July dividend dogs ranged 10.64%-31.19% from MA, KO, V, BAC, ALLY, CVX, C, PARA, KHC, and top pick GM per YCharts data.
Seeking Alpha
Buy Ally Financial Before Mr. Market Realizes He Has Been Too Pessimistic
Monday Jul 24 2023 at 12:48
ALLY Financial reported strong Q2 results with adjusted EPS of $0.96 and revenues of $2.1B, despite the current economic uncertainty and inflation. The company is leveraging technology to attract deposits and expand into additional banking products. The company is seeing increased opportunities in the Auto Finance market as competitors pull out, with $10.4B of originations in Q2. ALLY’s balance sheet also benefits from $60B of floating rate exposure across its commercial loan and hedging portfolios. Despite economic uncertainty and potential higher capital requirements, ALLY’s deposit base is healthy and dominated by insured deposits.
Seeking Alpha
3 Warren Buffett Stocks With Yields Above 4%
Sunday Jul 23 2023 at 02:21
Warren Buffett’s portfolio contains a few high-yield stocks, mainly in the financial sector. Buffett also owns one high-yield food brand. Most of the stocks in Buffett’s portfolio pay dividends, but few have high yields.
Zacks Investment Research
Ally Financial (ALLY) Stock Rises 5.4% on Q2 Earnings Beat
Thursday Jul 20 2023 at 12:09
Ally Financial (ALLY) reports a rise in GAAP net revenues and other revenues in the second quarter of 2023. However, higher expenses hurt the results to some extent.
Zacks Investment Research
Ally Financial (ALLY) Q2 Earnings Surpass Estimates
Wednesday Jul 19 2023 at 09:52
Ally Financial (ALLY) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.76 per share a year ago.
Zacks Investment Research
Why Earnings Season Could Be Great for Ally Financial (ALLY)
Tuesday Jul 18 2023 at 09:49
Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Seeking Alpha
Ally Financial: Undervalued Online Bank But Holding Out For A Better Price
Monday Jul 17 2023 at 10:39
Ally Financial gets a hold rating today. Positives: competitive dividend yield with proven growth, strong capital & liquidity, undervaluation based on P/E & P/B ratios. Headwinds: YoY decrease in net income growth driven by higher funding costs, and current share price trending above 200-day average.
24/7 Wall Street
Interest Rates Headed Higher Again Soon: 7 ‘Strong Buy’ Warren Buffett Dividend Stocks Will Benefit
Friday Jul 07 2023 at 07:13
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.
Market Watch
These 20 banks have had the largest cuts to earnings estimates
Thursday Jul 06 2023 at 09:44
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 six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.
The Motley Fool
Where Will Ally Stock Be in 1 Year?
Tuesday Jun 27 2023 at 06:00
As a large bank, Ally’s financials have been hurt by increased interest rates. However, customer count is increasing, as are many indications of customer engagement.
The Motley Fool
3 Reliable Dividend Stocks to Buy Now and Hold Forever
Saturday Jun 24 2023 at 05:23
Over time, dividend-paying stocks tend to deliver better returns than non-dividend payers. CVS Health and Johnson & Johnson are healthcare conglomerates that dividend investors appreciate for different reasons.
Seeking Alpha
6 June Buffett Dividend Dog Buys And 4 To Watch
Thursday Jun 22 2023 at 17:14
This Buffett holdings list from Kiplinger first appeared 5/20/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 6/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 6/20/23 the top-ten ranged 3.00%-8.81% by annual-yield and 46 of 48 ranged -2.10% to 50.32% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett’s June dividend dogs ranged 17.99%-33.66% from GL, CE, ALLY, C, OXY, CVX, BAC, PARA, GM, and top pick KHC per YCharts data.
Zacks Investment Research
Revenue Diversification Aids Ally Financial (ALLY), Costs Ail
Thursday Jun 22 2023 at 12:36
Ally Financial’s (ALLY) efforts to diversify the revenue base will likely aid profits. Elevated costs due to inorganic growth efforts may hurt the bottom line.
The Motley Fool
Is Ally Financial Stock a Buy?
Thursday Jun 22 2023 at 08:50
Ally grew its deposit base during the first three months of 2023. Warren Buffett’s Berkshire Hathaway has a sizable stake in the bank stock.
The Motley Fool
Have These Consumer Credit Stocks Run Up Too Far, Too Fast?
Tuesday Jun 20 2023 at 05:40
Capital One Financial, Ally Financial, and One Main Financial stocks gained between 13% to 27% in the past month. These companies benefited from broader strength in the stock market.
InvestorPlace
7 Value Stocks to Dump Before They Decline Even Further
Sunday Jun 18 2023 at 19:29
The key to making profits in the markets has been to buy large-cap growth stocks, and sell value stocks. At least, that’s what it seems like, when you take into account that the surge of the S&P 500 index year-to-date is largely attributable to big gains among big tech stocks.
CNBC
Why Charles Schwab became a financial ‘supermarket’
Saturday Jun 17 2023 at 07:50
Charles Schwab is the largest brokerage business in the U.S., a leading provider for financial advisors, a top ETF asset manager and one of the biggest banks.
PRNewsWire
Ally Financial schedules release of second quarter financial results
Wednesday Jun 14 2023 at 10:00
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.m.
The Motley Fool
3 High-Yield Dividend Stocks to Buy Now and Hold for the Next Decade
Wednesday Jun 14 2023 at 05:27
Ares Capital is a business development company that offers a double-digit percentage yield right now. Ally Financial is an all-digital bank that could raise its dividend payout by leaps and bounds.
The Motley Fool
Is Ally Financial the Best Dividend Stock for You?
Friday Jun 09 2023 at 05:11
The slow but persistent weakening of the automobile industry is putting Ally in a tough position. While the company still earns enough to fund its dividend payout, the fiscal cushion is closing alarmingly fast.
The Motley Fool
Before You Buy Ally Financial: Here’s a Bank Stock I’d Buy First
Thursday Jun 08 2023 at 05:35
Ally Financial was a hot stock in 2020, but its shares have fallen far from their peak levels. Toronto-Dominion Bank is a larger and more diversified bank that has been a far more boring investment.
The Motley Fool
This Is One of the Only Bank Stocks Buffett Hasn’t Sold
Thursday May 25 2023 at 06:00
Berkshire Hathaway is the largest shareholder in Ally Financial. The company has consistently grown its depositors for the last decade.
PRNewsWire
Ally Financial to present at the Morgan Stanley US Financials, Payments & CRE Conference
Wednesday May 24 2023 at 10:00
CHARLOTTE, N.C. , May 24, 2023 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) President of Dealer Financial Services, Doug Timmerman, will present at the Morgan Stanley US Financials, Payments & CRE Conference on Monday, June 12, 2023 at approximately 8:45 a.m.
The Motley Fool
Warren Buffett Loves These AI Stocks, and You Should, Too
Sunday May 21 2023 at 07:35
Snowflake’s data cloud brings AI-driven functionality to the company’s customers. Digital bank Ally Financial assists its customers with AI-driven applications.
The Motley Fool
Warren Buffett May Not be Worried About a Recession. Here’s Why
Saturday May 20 2023 at 07:20
Warren Buffett does expect the economy to slow. Some of the stocks Berkshire Hathaway is buying are not indicative of anticipating a severe recession.
InvestorPlace
7 Bank Stocks That Desperately Need Warren Buffett’s Help
Thursday May 18 2023 at 07:30
As the banking crisis persists, bank stocks continue to trade at depressed prices. With this, many investors are waiting for Warren Buffett to step in and save the day.
Ally Financial Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Ally Financial’s Altman Z-score is 0.15 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Ally Financial Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Ally Financial.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Ally Financial’s Income Quality of 4.93 is greater than its Industry Group of 1.3 (279.2% greater)
Ally Financial’s Income Quality of 4.93 is greater than its Major Industry Group of 1.32 (273.5% greater)
Ally Financial’s Income Quality of 4.93 is greater than its Sector of 0.58 (750.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Ally Financial’s Current Ratio of 3.17 is lower than its Industry Group of 8.8 (-64.0% lower)
Ally Financial’s Current Ratio of 3.17 is lower than its Major Industry Group of 9.67 (-67.2% lower)
Ally Financial’s Current Ratio of 3.17 is greater than its Sector of 1.3 (143.8% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Ally Financial’s PE Ratio of 6.47 is lower than its Industry Group of 7.82 (-17.3% lower)
Ally Financial’s PE Ratio of 6.47 is lower than its Major Industry Group of 8.01 (-19.2% lower)
Ally Financial’s PE Ratio of 6.47 is lower than its Sector of 7.86 (-17.7% lower)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Ally Financial’s PB Ratio of 0.59 is in line with its Industry Group of 0.58 (1.7% greater)
Ally Financial’s PB Ratio of 0.59 is greater than its Major Industry Group of 0.36 (63.9% greater)
Ally Financial’s PB Ratio of 0.59 is lower than its Sector of 0.72 (-18.1% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Ally Financial’s ROE of 0.09 is greater than its Industry Group of 0.08 (12.5% greater)
Ally Financial’s ROE of 0.09 is greater than its Major Industry Group of 0.02 (350.0% greater)
Ally Financial’s ROE of 0.09 is greater than its Sector of 0.04 (125.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Ally Financial’s ROCE of 0.04 is greater than its Industry Group of 0.02 (100.0% greater)
Ally Financial’s ROCE of 0.04 is greater than its Major Industry Group of 0.02 (100.0% greater)
Ally Financial’s ROCE of 0.04 is greater than its Sector of 0.02 (100.0% greater)
Derived from SEC.GOV filing dataopen_in_new