Ally Financial
ALLY

$32.85

0.4%

Market Cap: $10B

About: Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.

Employees: 11,100

Financials State Commercial Banks

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

42% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 66

14% more repeat investments, than reductions

Existing positions increased: 208 | Existing positions reduced: 183

5% more funds holding

Funds holding: 540 [Q1] → 568 (+28) [Q2]

0.98% less ownership

Funds ownership: 89.73% [Q1] → 88.76% (-0.98%) [Q2]

3% less capital invested

Capital invested by funds: $11.1B [Q1] → $10.7B (-$341M) [Q2]

8% less call options, than puts

Call options by funds: $182M | Put options by funds: $197M

25% less funds holding in top 10

Funds holding in top 10: 16 [Q1] → 12 (-4) [Q2]

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$36

10%

upside

Avg. target

$44

35%

upside

High target

$50

52%

upside

13 analyst ratings

8 positive

62%

4 neutral

31%

1 negative

8%

Barclays Jason Goldberg 55% 1-year accuracy 12 / 22 met price target	10%upside $36	Equal-Weight Maintained	12 Sept 2024
RBC Capital Jon Arfstrom 73% 1-year accuracy 33 / 45 met price target	22%upside $40	Outperform Maintained	12 Sept 2024
Morgan Stanley Betsy Graseck 46% 1-year accuracy 25 / 54 met price target	37%upside $45	Overweight Maintained	11 Sept 2024
B of A Securities Brandon Berman 50% 1-year accuracy 1 / 2 met price target	13%upside $37	Buy Maintained	11 Sept 2024
Morgan Stanley Betsy Graseck 46% 1-year accuracy 25 / 54 met price target	49%upside $49	Overweight Maintained	18 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 16 articles about ALLY published over the past 30 days

The Motley Fool

Why Shares of Ally Financial Are Plunging This Week

Management said that credit conditions in its retail auto portfolio are deteriorating faster than expected. The company will likely have to take higher credit provisions in the coming quarters, which could erode earnings.

Why Shares of Ally Financial Are Plunging This Week

Why JPMorgan and Other Bank Stocks Tumbled Tuesday

Bank stocks slumped on Tuesday as a torrent of unsettling business updates pouring out of an industry conference overshadowed a major regulatory win for the industry.

Why JPMorgan and Other Bank Stocks Tumbled Tuesday

Ally's Stock Drops as its CFO Says Consumers Are Struggling and Delinquencies Are Rising

Ally Financial (ALLY) stock sank sharply after the bank's chief financial officer said at an investor conference that consumers are struggling with inflation and that Ally Bank's credit challenges have "intensified" during the current quarter.

Ally's Stock Drops as its CFO Says Consumers Are Struggling and Delinquencies Are Rising

Ally Financial shares plunge as lender says consumers are struggling to pay back loans

Ally Financial Corp.'s stock fell sharply on Tuesday after the consumer lender said delinquencies in its retail car-loan business were up more than expected as people continue to struggle with inflation.

Ally Financial shares plunge as lender says consumers are struggling to pay back loans

The Motley Fool

Why Ally Financial Shares Are Plunging Today

The bank's CFO said consumers are feeling the pressure of higher interest rates and a softening job market. The bank appears to be telegraphing plans to boost its reserves, which will cut into its earnings.

Why Ally Financial Shares Are Plunging Today

Ally Financial stock drops 18% amid credit challenges: time to buy?

Ally Financial Inc. (NYSE: ALLY) saw its stock plummet by as much as 18% today following comments from Russell Hutchinson, the company's Chief Financial Officer. Hutchinson attributed the sharp decline to escalating credit challenges driven by rising inflation and a higher cost of living.

Ally Financial stock drops 18% amid credit challenges: time to buy?

Ally Financial flags 'intensifying' credit challenges; shares slump

Ally Financial's credit challenges have intensified over the quarter as borrowers struggled with high inflation and costs of living, the consumer lender's chief financial officer Russell Hutchinson said on Tuesday, sending its shares down 17%.

Ally Financial flags 'intensifying' credit challenges; shares slump

Zacks Investment Research

Should Value Investors Buy Ally Financial (ALLY) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Ally Financial (ALLY) Stock?

Hope Mehlman to Join Ally as Chief Legal and Corporate Affairs Officer

Accomplished business leader and legal expert will lead a newly created Legal & Corporate Affairs Office at the company CHARLOTTE, N.C. , Sept. 9, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced Hope Mehlman will join the company as chief legal and corporate affairs officer, effective Dec. 2, 2024.

Hope Mehlman to Join Ally as Chief Legal and Corporate Affairs Officer

3 Overlooked Value Stocks to Buy and Hold for Long-Term Gains

The CBOE Volatility Index, known as VIX and a measure of the market's expectation of volatility over the coming month, spiked to its highest level in years early in August and, to a lesser extent, again at the start of September. Investors often turn to time-tested strategies like value investing in increased volatility.

3 Overlooked Value Stocks to Buy and Hold for Long-Term Gains

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