Ally Financial Inc. (ALLY) Q1 2024 Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY ) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Sean Leary – Head of Investor Relations Doug Timmerman – Interim Chief Executive Officer Russ Hutchinson – Chief Financial Officer Conference Call Participants Moshe Orenbuch – TD Cowen Ryan Nash – Goldman Sachs Sanjay Sakhrani – KBW Jeff Adelson – Morgan Stanley Rob Wildhack – Autonomous Research Bill Carcache – Wolfe Research Securities Chase Haynes – Evercore ISI Operator Good day, and thank you for standing by. Welcome to the Ally Financial First Quarter 2024 Earnings Conference Call.
- 04/18/2024
|
Ally Financial (ALLY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Ally Financial (ALLY) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/18/2024
|
Ally Financial (ALLY) Surpasses Q1 Earnings and Revenue Estimates
- Ally Financial (ALLY) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.82 per share a year ago.
- 04/18/2024
|
Ally Financial reports first quarter 2024 financial results
- CHARLOTTE, N.C. , April 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2024 results.
- 04/18/2024
|
Ascendion Receives Ally Financial Innovation Award at 2024 Supplier Symposium
- Ascendion, the first to receive the inaugural award, recognized for excellence in delivering innovative technology solutions and positive outcomes with software engineering. Ally's Supplier Symposium enables relationships with minority-owned businesses.
- 04/16/2024
|
Ally Financial declares dividend on common stock and Series B and Series C preferred stock
- DETROIT , April 16, 2024 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.30 per share of the company's common stock, payable on May 15, 2024, to stockholders of record on May 1, 2024, as well as quarterly dividend payments for the company's Series B and Series C preferred stock securities, payable on May 15, 2024. A quarterly dividend payment was declared on Ally's 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, of approximately $15.9 million, or $11.75 per share, and is payable to shareholders of record as of April 30, 2024.
- 04/16/2024
|
Countdown to Ally Financial (ALLY) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ally Financial (ALLY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
- 04/15/2024
|
Is Ally Financial Stock a Buy?
- A growing deposit base provides Ally with fuel to fund loan growth. The business is dependent on having favorable conditions in the auto industry.
- 04/15/2024
|
Earnings Preview: Ally Financial (ALLY) Q1 Earnings Expected to Decline
- Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/11/2024
|
Ally Financial Stock Upgraded Ahead of Earnings
- Ally Financial Inc (NYSE:ALLY) stock is enjoying a boost today, after BofA Global Research upgraded the financial services name to "buy" from "hold," with a price-target hike to $46 from $42.
- 04/09/2024
|
HSBC to Divest Argentina Business Under Asia Pivot Strategy
- HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.
- 04/09/2024
|
Forget JP Morgan: Buy This Dividend Growth Stock Instead
- Ally Financial has a higher dividend yield and faster dividend growth than JPMorgan. Ally is a leader in the automotive finance business and is expanding its consumer banking operations.
- 04/05/2024
|
Analyst: Consumer Finance Sector Re-Rated "Too Quickly"
- Shares of consumer lending stock Ally Financial Inc (NYSE:ALLY) are down 0.7% at $38.76 at last glance, following a bear note from J.P.
- 04/03/2024
|
Ally Financial Names Discover Chief Michael Rhodes as CEO
- Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29.
- 03/27/2024
|
Ally Financial names Michael Rhodes as CEO
- Ally Financial said on Wednesday that Michael Rhodes will take over as chief executive officer of the company from April 29.
- 03/27/2024
|
Discover CEO resigns to take top job at Ally Financial
- Discover Financial Services DFS, +2.06% said Wednesday that it had accepted the resignation of Chief Executive Michael G. Rhodes, who is moving on to become CEO at Ally Financial Inc. ALLY, +1.61% Rhodes's resignation from Discover takes effect Monday, April 1, and he starts at Ally on April 29.
- 03/27/2024
|
Where Will Ally Stock Be in 3 Years?
- Ally has a strong consumer focus and is gaining new customers for its digital banking services. It has a robust auto finance segment that hasn't missed a beat.
- 03/21/2024
|
Ally Financial: Buy Rating In Anticipation To Policy Movements
- Ally's financial results suffered from interest rate hikes, leading to lower net interest income, net interest margin, and increased efficiency ratio. With an anticipated decline in interest rates, the company could benefit from increased demand for auto loans from customers with high credit scores who currently find the rates unattractive. Anticipating a dovish scenario and considering its superior valuation compared to its closest competitor, I rate Ally stock as a buy.
- 03/20/2024
|
Ally Financial Stock: Buy, Sell, or Hold?
- Ally Financial continues to increase its deposit base, and the business returns lots of capital to shareholders. Ally depends heavily on the status of the automotive industry.
- 03/18/2024
|
3 No-Brainer Warren Buffett Stocks to Buy Right Now
- With the S&P 500 and Nasdaq both near all-time highs, it can be difficult to find attractive opportunities. These three stocks are all in Berkshire Hathaway's portfolio and still look like strong long-term opportunities.
- 03/15/2024
|
Ally Financial (ALLY) Wraps Up POS Financing Business Sale
- Ally Financial (ALLY) completes the sale of its POS financing business to Synchrony (SYF). The move will allow the company to focus on core growth areas.
- 03/05/2024
|
Ally Financial: Buy, Sell, or Hold?
- Ally Financial has weathered the volatility that has plagued many regional banking stocks since last year. The auto-focused lender saw a slowdown in business amid higher interest rates and an uptick in delinquencies.
- 02/26/2024
|
This Underappreciated Warren Buffett Stock Is a Screaming Buy, but Only if This Happens
- Berkshire Hathaway owns a 9.6% stake in Ally Financial. Ally's earnings have taken a hit thanks to higher interest rates and falling used car prices.
- 02/26/2024
|
Ally Financial: Potentially Undervalued And Benefits From Strong Auto Segment Growth
- Ally Financial stock has increased over 46% since October 2023, with a dividend yield now at 3.3%. Interest rate changes and tightening of finances are expected to be catalysts for Ally's growth in 2024. ALLY's auto segment is strong, with increased loan originations and high-quality borrowers, contributing to profitability.
- 02/26/2024
|
Wall Street's Top Investment Bank Loves 5 Big Dividend Stocks in 2024
- The company primarily invests in: Regional malls Premium outlets Mills Community/lifestyle centers Through its subsidiary partnership, it owns or has an interest in about 230 properties in the US and Asia.
- 02/24/2024
|
1 Warren Buffett Stock to Buy for Under $40
- Ally Financial's largest shareholder is Berkshire Hathaway. Shares are off 36% from their highs.
- 02/18/2024
|
3 Incredibly Cheap Financial Stocks to Buy Now
- Ally Financial is managing the risk of its exposure to the auto market better than it's getting credit for. It may be a plain-vanilla pick, but that's actually what makes U.S. Bancorp such a compelling prospect.
- 02/17/2024
|
5 Warren Buffett Approved Dividend Stocks
- Finding a good financial advisor today may be the key to a richer tomorrow. With bonds yielding 5% (or more!
- 02/12/2024
|
Is Ally Financial Stock a Buy?
- Ally Financial's all-digital offering resonates with customers, as evidenced by the impressive retention rate. With auto loans, Ally Financial is very much exposed to a single sector and product line.
- 02/07/2024
|
Ally Financial and USGA strike deal as U.S. Women's Open purse reaches new record
- Ally Financial's Stephanie Marciano, Lilia Vu, the World's No.1 golfer, and Mike Whan, U.S. Golf Association CEO, join 'Power Lunch' to discuss the new partnership between the USGA and Ally Financial.
- 02/01/2024
|
4 Buyable Buffett Dividend Dogs In January
- This Buffett holdings list from Kiplinger first appeared 11/14/23 on the BKH SEC Form 13F. Kiplinger, YCharts, and Dogs of the Dow all track this BKH batch. Here is your. 27 of 45 current BKH-owned stocks pay dividends. As of 1/25/24, the top-ten ranged 2.5%-4.29% by annual yield and 34 of 45 ranged -11.35% to 56.06% by broker-estimated target price upsides. Analyst-augured top-ten net gains from Buffett's January dividend dogs ranged 11.13%-22.07% from KR, KO, DEO, OXY, TMUS, BAC, DHI, C, JEF, and CVX per YCharts data.
- 01/28/2024
|
1 Warren Buffett Stock I Plan on Buying Hand Over Fist in 2024
- In 2022, Berkshire Hathaway started buying shares of the all-digital bank and lending services company Ally Financial. Ally's stock doesn't stand out as a particularly appealing value play based on its core financial metrics.
- 01/28/2024
|
Is Ally Financial Stock a Buy?
- Ally continues to expand its deposit base, which provides it with a low-cost and sticky source of funding. Management has focused on aggressively reducing the bank's share count through buybacks.
- 01/28/2024
|
Ally Financial (ALLY) Gains on Q4 Earnings Beat, Costs Rise Y/Y
- Ally Financial (ALLY) records a decline in revenues in the fourth quarter of 2023.
- 01/22/2024
|
Ally Financial (ALLY) to Sell POS Financing Business to Synchrony
- With an aim to focus on core business, Ally Financial (ALLY) announces a deal to divest, Ally Lending, its POS financing business to Synchrony (SYF).
- 01/22/2024
|
Synchrony to Acquire Ally Financial's POS Financing Arm
- Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally's point-of-sale financing business. This acquisition includes $2.2 billion of loan receivables and relationships with 2,500 merchant locations and 450,000 active borrowers, the companies said in a Friday (Jan. 19) press release.
- 01/19/2024
|
1 Warren Buffett Dividend Stock Down 42% to Buy in 2024 and Hold
- Ally Financial's consumer banking operation has performed a lot better than its stock price over the past couple of years. The company has raised its dividend payout 76% over the past five years, and still offers an above-average yield.
- 01/19/2024
|
Ally Financial Stock Jumps More Than 10% After Strong Q4 Results, Deal with Synchrony
- Ally Financial (ALLY) shares jumped Friday as the company posted better-than-expected results and announced it was selling its point-of-sale financing arm to Synchrony Financial (SYF).
- 01/19/2024
|
Why Ally Stock Is Charging Higher Today
- Ally is going through a CEO transition in a challenging operating environment but has generated results that should reassure investors. The company is also selling a point-of-sale financing business to focus on its core operations.
- 01/19/2024
|
Ally's stock rallies after earnings beat and deal with Synchrony
- Ally Financial Inc.'s stock was up nearly 10% during the trading session on Friday — its best one-day rise in nearly a year — after the bank's earnings beat Wall Street estimates and the bank agreed to sell its point-of-sale financing business to Synchrony Financial.
- 01/19/2024
|
Compared to Estimates, Ally Financial (ALLY) Q4 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Ally Financial (ALLY) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 01/19/2024
|
Why Ally Financial (ALLY) is Poised to Beat Earnings Estimates Again
- Ally Financial (ALLY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/16/2024
|
Ahead of Ally Financial (ALLY) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Ally Financial (ALLY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
- 01/15/2024
|
Ally Names Dealer Financial Services President Douglas Timmerman as Interim CEO
- Ally Financial named its president of dealer financial services, Douglas Timmerman, as its interim CEO. Timmerman will assume the role Feb. 1, following the departure of current CEO Jeffrey J.
- 01/12/2024
|
Analysts Estimate Ally Financial (ALLY) to Report a Decline in Earnings: What to Look Out for
- Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/12/2024
|
2 Incredibly Cheap Bank Stocks to Buy Now
- Ally stock is gaining customers that should provide it with years of further growth. Bank of America is Warren Buffett's favorite bank stock.
- 01/12/2024
|
Here's Why SoFi, Ally Financial, and Capital One Stock Jumped Higher Last Month
- The Fed suggested that interest rates could be cut in 2024. This should improve demand for consumer lending products.
- 01/10/2024
|
Why Ally Financial Stock Jumped 43% in 2023
- Ally Financial has performed well in the higher interest-rate environment, which took down some regional banks last March. Ally grew its deposit base at a time when many other banks were seeing deposit outflows.
- 01/09/2024
|
4 Things You Need to Know if You Buy Ally Financial Today
- The online bank's single-biggest source of earnings is bumping into a firm headwind. The strong dividend, however, remains reasonably well-protected.
- 01/05/2024
|
Time to Buy Ally or Synchrony Financial Stock for Higher Highs?
- Several consumer lending stocks have been bright spots in the financial sector with Ally Financial (ALLY) and Synchrony Financial (SYF) standing out in particular.
- 01/05/2024
|
2 Things the Smartest Investors Know About Ally Financial
- Ally Financial produced a total return of more than 40% in 2023. The bank could be a massive beneficiary of lower interest rates, especially if they fall faster than expected.
- 01/03/2024
|
Is Ally Financial Stock a Buy?
- Ally does a great job at returning capital to shareholders through dividends and buybacks. As a banking institution, Ally is exposed to changes in the economy.
- 01/01/2024
|
The 7 Highest-Yielding Dividend Gems in Warren Buffet's Crown
- Warren Buffett doesn't hide the fact he loves dividends. While he doesn't buy a business solely because it pays a dividend he enjoys when companies pay one and regularly increase it.
- 12/27/2023
|
Buffett's 4 Dividend Buys For December
- The article discusses the dividend-paying stocks in Warren Buffett's Berkshire Hathaway portfolio. It highlights three stocks - The Kraft Heinz Co, Ally Financial Inc, and HP Inc - that have annual dividends exceeding their single share prices. The article also provides projected net gains for ten top Buffett-held dividend stocks by December 2024.
- 12/26/2023
|
4 Things You Need to Know if You Buy Ally Financial Stock Today
- Ally Financial is one of the top auto lenders in the U.S., which can make it vulnerable to market conditions. The bank held up well amid March's banking turmoil and has actually increased its deposit base since the Federal Reserve began raising interest rates.
- 12/22/2023
|
Ally Financial schedules release of fourth quarter and full year 2023 financial results
- CHARLOTTE, N.C. , Dec. 19, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its fourth quarter and full year 2023 financial results for Friday, January 19, 2024, at approximately 7:30 a.m.
- 12/19/2023
|
Is Ally Financial a No-Brainer Dividend Stock for This Bull Market?
- Ally Financial is facing headwinds from rising interest rates and falling car prices. The company has steadily increased its customer count.
- 12/13/2023
|
Ally Financial Is A Risky, Yet Promising Investment
- Ally Financial is a digital financial services company specializing in consumer finance. The company has experienced revenue and EPS growth over the past decade, with expectations for continued growth in the medium term. While there are several growth opportunities, the risks and the uncertainty make it a hold.
- 12/08/2023
|
2 Warren Buffett Stocks to Buy Now at an Absurd Discount
- Berkshire Hathaway has dozens of stocks in its portfolio, and there is a solid investment case to be made for most of them. Some of Berkshire's financial stocks, in particular, are trading for extremely cheap valuations.
- 11/25/2023
|
Wall Street's Most Accurate Analysts Say Buy These 3 Financial Stocks With Over 4% Dividend Yields - Carlyle Group (NASDAQ:CG), Ally Financial (NYSE:ALLY)
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 11/24/2023
|
3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now
- Ally has become a formidable fintech company with a top auto loan segment and increasing deposits. Kroger is expanding its reach to a more diverse socioeconomic clientele and pays a top dividend.
- 11/23/2023
|
Warren Buffett's 5 Dividend Buys For November
- This Warren Buffett holdings list from Kiplinger first-appeared 11/14/23 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this batch. Here is your update from 11/17/23 YCharts data. 27 of 45 current Berkshire-owned-stocks pay dividends. As of 11/17/23 the top-ten ranged 2.7%-4.73% by annual-yield and 39 of 45 ranged 2.18% to 63.69% by broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's November dividend dogs ranged 14.16%-28.61% from KO, ALLY, C, OXY, DEO, KHC, TMUS, JEF, KR, and top pick CVX per YCharts data.
- 11/21/2023
|
Why Is Ally Financial (ALLY) Up 10.3% Since Last Earnings Report?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 11/17/2023
|
Ally Financial to present at the Goldman Sachs US Financial Services Conference
- CHARLOTTE, N.C. , Nov. 17, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Goldman Sachs US Financial Services Conference on Wednesday, Dec. 6, 2023 at approximately 10:00 a.m.
- 11/17/2023
|
Warren Buffett Bargains: 3 Stocks With Price Tags Too Good to Ignore
- Warren Buffett is the world's best-known value investor. The Oracle of Omaha honed his talent as a student of the legendary Benjamin Graham at Columbia University.
- 11/16/2023
|
Ally Financial: Buy, Sell, or Hold?
- Ally Financial is a consumer-focused digital-only bank with a significant auto loan portfolio. The bank navigated the pandemic well but now must deal with multi-decade high interest rates that pressure consumers.
- 11/14/2023
|
3 Warren Buffett Stocks to Buy Hand Over Fist in November
- Visa is benefiting from a resilient U.S. spender, and its valuation is the lowest it's been in years. Nu has massive growth opportunities in new markets and increasing engagement.
- 11/06/2023
|
2 Warren Buffett Stocks to Buy on the Dip With $300
- Ally Bank is attracting hundreds of thousands of new customers looking for easy-to-use, low-fee products. American Express is capturing market share among millennials and Gen Z, which should drive future growth.
- 11/01/2023
|
3 Things the Smartest Investors Know About Ally Financial
- Ally's main product line is originating auto loans. Higher interest rates are making deposits more costly.
- 10/31/2023
|
Bank Stocks Are Falling Again -- Should You Buy The Dip?
- Bank stocks are getting hit with concerns over rising interest rates and commercial real estate failures. Investors would be smart to look at bank stocks with stable deposit bases and minimal real estate exposure.
- 10/30/2023
|
3 Beaten-Down Dividend Stocks You Could Regret Not Buying on the Dip
- Ally Financial is a digital bank that offers a dividend yield above 5% at recent prices. Thermo Fisher Scientific's COVID-19 testing revenue has evaporated, but that won't stop the company from raising its dividend payout higher in the years ahead.
- 10/30/2023
|
3 Warren Buffett Stocks You Can Buy With $100 Right Now
- StoneCo is a financial services company that is increasingly popular among e-commerce and brick-and-mortar businesses throughout Brazil. Bank of America is Berkshire Hathaway's second-largest stock holding, and it's recently been beaten down to a new 52-week low.
- 10/30/2023
|
Ally Financial: Driving Forward With A Strong Moat In A High-Yield Environment
- Ally Financial enjoys a strong competitive advantage as one of the largest auto lenders in the United States, contributing to its robust market position. The lending environment is currently marked by opportunistic features, including high-yield returns and a selective approach to lending based on credit scores. The increased yield from new loans will help offset the rising funding costs associated with depositors, ultimately resulting in significantly higher earnings in the near future.
- 10/26/2023
|
Ally Financial to present at the BancAnalysts Association of Boston Conference
- CHARLOTTE, N.C. , Oct. 24, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday, November 2, 2023 at approximately 10:30 a.m.
- 10/24/2023
|
Is This Beaten-Down Bank Stock Posed to Make You a Fortune in Dividends?
- Ally Financial is facing headwinds with the Federal Reserve raising interest rates. The company has a fantastic record of growing its deposits, which allows it to grow its loan book.
- 10/23/2023
|
1 Warren Buffett Stock Down 56% You'll Regret Not Buying on the Dip
- Warren Buffett has historically had a soft spot for bank stocks, especially when they're dirt cheap. Macroeconomic uncertainty continues to weigh on Ally Financial.
- 10/21/2023
|
Buffett's 6 Dividend Buys For October
- This Buffett holdings list from Kiplinger first appeared 8/21/23 on-line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 10/17/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/17/23 the top-ten ranged 3.05%-5.08% by annual-yield and 45 of 48 ranged 0.83% to 64.28% per broker-estimated target-price-upsides.
- 10/20/2023
|
Ally Financial (ALLY) Beats on Q3 Earnings Despite Higher Costs
- Ally Financial (ALLY) records a decline in revenues in the third quarter of 2023.
- 10/19/2023
|
Ally Financial (ALLY) Q3 Earnings Beat Estimates
- Ally Financial (ALLY) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $1.12 per share a year ago.
- 10/18/2023
|
Ally Financial: A 5% Yield Value Play For 2023
- Ally Financial stock is undervalued going by multiples, trading at just 5.6 times earnings and 0.9 times book value. The company has a reasonable - though not excellent - amount of liquidity and is unlikely to suffer a "bank run" or go under. Ally Financial is a profitable company with a high net margin and strong returns on equity, making it an attractive investment option.
- 10/15/2023
|
Ally Financial: Collecting The Dividend While The Price Recovers
- Ally Financial currently has a high dividend yield over 4.5% that is well-supported by cash flow. Ally's online-only model allows it to offer higher interest rates and attract younger customers who prefer mobile banking. Ally actively diversifies its income sources, including its insurance segment and credit card business, while maintaining a significant liquidity position.
- 10/11/2023
|
Ally Financial Chief Executive Jeffrey J. Brown to leave company in January or possibly sooner
- Ally Financial Inc. ALLY, +1.96% stock was down 0.6% in premarket trading Wednesday after the company said Chief Executive Jeffrey J. Brown will step down by early next year to take a job as president of privately-held Hendrick Automotive Group.
- 10/11/2023
|
Are Investors Undervaluing Ally Financial (ALLY) Right Now?
- 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.
- 10/05/2023
|
Ally (ALLY) Streamlines Business, To Cut Less Than 5% Jobs
- Ally Financial's (ALLY) workforce reduction will impact less than 5% of its total employees.
- 10/03/2023
|
The Buffett List: 5 Dividend Buys For September
- This Buffett holdings-list from Kiplinger first appeared 8/21/23 on line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 9/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 9/20/23 the top-ten ranged 2.87%-4.87% by annual-yield and 45 of 48 ranged -1.55% to 60.2% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's September dividend dogs ranged 21.35%-55.8% from UPS, KO, ALLY, BAC, KHC, LPX, DHI, C, PARA, and top pick GM per YCharts data.
- 09/22/2023
|
Ally Financial (ALLY) Unveils Cloud-Based AI Platform Ally.ai
- Ally Financial (ALLY) launches a proprietary, cloud-based artificial intelligence platform named Ally.ai.
- 09/20/2023
|
The 7 Most Undervalued Warren Buffett Stocks to Buy in September 2023
- If you're among the millions of investors concerned about where to put your money to work, undervalued Warren Buffett stocks to buy may be the place to focus on. Specifically, by aligning your portfolio with certain compelling individual holdings of Berkshire Hathaway (NYSE: BRK-B ), you might be able to get a leg up on market vagaries.
- 09/16/2023
|
Ally Financial schedules release of third quarter financial results
- CHARLOTTE, N.C. , Sept. 13, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter financial results for Wednesday, October 18, 2023, at approximately 7:30 a.m.
- 09/13/2023
|
Regional Banks Are on the Hot Seat Again, but I'm Still Excited to Buy Shares of These Two High-Yield Stocks
- With proposed regulatory changes in the air, regional banks still have some unanswered questions. However, there are some excellent regional financial institutions trading for a significant discount to book value.
- 09/09/2023
|
This Cheap Stock, With Its 4.6% Dividend Yield, Is an Absolute Steal
- With a fat dividend yield and a price-to-earnings (P/E) multiple of just 7, the market is pricing in a gloomy future for this company. With this stock, it may make sense to be greedy when others are fearful.
- 08/26/2023
|
The Buffett List: 6 Dividend Buys In August
- This Buffett holdings list from Kiplinger first appeared 8/21/23 online. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 8/22/23 YCharts. 32 of 48 current Berkshire Hathaway-owned stocks pay dividends. As of 8/22/23, the top-ten ranged 2.87%-5.02% by annual yield and 45 of 48 ranged -0.16%-57.71% per broker-estimated target-price-upsides. Analyst-augured top-ten net gains from Buffett's August dividend dogs ranged 19.12%-56.48% from CVX, COF, DHI, LPX, KHC, BAC, PARA, ALLY, C, and top pick GM per YCharts data.
- 08/25/2023
|
Here are 16 stocks Jim Cramer is watching, including J&J split-off Kenvue, Petco, GM
- Here are some of the tickers on my radar for Thursday, Aug. 24, taken directly from my reporter's notebook.
- 08/24/2023
|
Should We Worry About Ally Financial?
- 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.
- 08/18/2023
|
Moody's places credit ratings of 6 major U.S. banks on review for downgrade
- 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.
- 08/08/2023
|
Warren Buffett Owns a Lot of Stocks -- Here's the One I'm Most Excited About
- 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.
- 07/27/2023
|
Why Ally Financial's Lousy Q2 Could Signal a Problem for Carvana
- Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, suggesting they see growing risks.
- 07/27/2023
|
Buy 4 July Buffett Dividend Dogs And Watch 4 More
- 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.
- 07/25/2023
|
Buy Ally Financial Before Mr. Market Realizes He Has Been Too Pessimistic
- 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.
- 07/24/2023
|
3 Warren Buffett Stocks With Yields Above 4%
- 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.
- 07/23/2023
|
Ally Financial (ALLY) Stock Rises 5.4% on Q2 Earnings Beat
- 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.
- 07/20/2023
|
Ally Financial (ALLY) Q2 Earnings Surpass Estimates
- 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.
- 07/19/2023
|
Why Earnings Season Could Be Great for Ally Financial (ALLY)
- Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/18/2023
|
Ally Financial: Undervalued Online Bank But Holding Out For A Better Price
- 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.
- 07/17/2023
|
Interest Rates Headed Higher Again Soon: 7 ‘Strong Buy' Warren Buffett Dividend Stocks Will Benefit
- 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.
- 07/07/2023
|
These 20 banks have had the largest cuts to earnings estimates
- 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.
- 07/06/2023
|
Where Will Ally Stock Be in 1 Year?
- 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.
- 06/27/2023
|
3 Reliable Dividend Stocks to Buy Now and Hold Forever
- 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.
- 06/24/2023
|
6 June Buffett Dividend Dog Buys And 4 To Watch
- 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.
- 06/22/2023
|
Revenue Diversification Aids Ally Financial (ALLY), Costs Ail
- 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.
- 06/22/2023
|
Is Ally Financial Stock a Buy?
- 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.
- 06/22/2023
|
Have These Consumer Credit Stocks Run Up Too Far, Too Fast?
- 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.
- 06/20/2023
|
7 Value Stocks to Dump Before They Decline Even Further
- 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.
- 06/18/2023
|
Why Charles Schwab became a financial 'supermarket'
- 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.
- 06/17/2023
|
Ally Financial schedules release of second quarter financial results
- 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.
- 06/14/2023
|
3 High-Yield Dividend Stocks to Buy Now and Hold for the Next Decade
- 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.
- 06/14/2023
|
Is Ally Financial the Best Dividend Stock for You?
- 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.
- 06/09/2023
|
Before You Buy Ally Financial: Here's a Bank Stock I'd Buy First
- 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.
- 06/08/2023
|
This Is One of the Only Bank Stocks Buffett Hasn't Sold
- Berkshire Hathaway is the largest shareholder in Ally Financial. The company has consistently grown its depositors for the last decade.
- 05/25/2023
|
Ally Financial to present at the Morgan Stanley US Financials, Payments & CRE Conference
- 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.
- 05/24/2023
|
Warren Buffett Loves These AI Stocks, and You Should, Too
- Snowflake's data cloud brings AI-driven functionality to the company's customers. Digital bank Ally Financial assists its customers with AI-driven applications.
- 05/21/2023
|
Warren Buffett May Not be Worried About a Recession. Here's Why
- Warren Buffett does expect the economy to slow. Some of the stocks Berkshire Hathaway is buying are not indicative of anticipating a severe recession.
- 05/20/2023
|
7 Bank Stocks That Desperately Need Warren Buffett's Help
- 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.
- 05/18/2023
|
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
- Berkshire Hathaway has a strong track record for beating the market. American Express and Moody's Corporation are two stocks that can continue to perform well regardless of the economy.
- 05/16/2023
|
Did Warren Buffett Sell Ally Financial in the First Quarter?
- Berkshire Hathaway sold more stocks than it bought in Q1. We also know it sold more than $1.8 billion of its bank, insurance, and finance stocks.
- 05/12/2023
|
Ally Financial: Time For An Upgrade Post Q1 Earnings
- I issued a Hold rating on Ally back in February, due to a deteriorating outlook for the auto loan industry. Since then, the stock has underperformed by 20%.
- 05/08/2023
|
2 Warren Buffett Stocks to Buy Now
- The best Buffett stocks pair long-term growth potential with reasonable valuations. GM is doing surprisingly well as it transitions to electric vehicles.
- 05/02/2023
|
3 Warren Buffett Stocks That Look Like Bargains Now
- StoneCo is an e-commerce software provider in Brazil that is cementing its position with a large financial services segment. Ally Financial is a digital bank that offers a 4.7% dividend yield right now.
- 04/29/2023
|
Buy 7 April Buffett Dividend Dogs And Watch 2
- Buy 7 April Buffett Dividend Dogs And Watch 2.
- 04/26/2023
|
This Warren Buffett Bank Stock's Bottom Line Took a Hit: Should You Still Buy the Dip?
- Ally Financial missed Wall Street analyst estimates on the bottom line, thanks to higher provisions for credit losses. The majority of Ally's loan portfolio is in auto loans, and more consumers are late on their payments.
- 04/26/2023
|
How Is Credit Quality Holding Up at Ally Financial?
- With elevated auto prices and the economy potentially heading into a recession, investors have been concerned about credit quality. Used car prices have been holding up well.
- 04/25/2023
|
This Buffett Stock Just Lowered Its Guidance for the Year, but the Long-Term Thesis Remains Intact
- Management at Ally recently lowered its full-year earnings-per-share guidance from $4 to $3.65. While lower earnings guidance is never great to see, the downward revision had more to do with industry headwinds.
- 04/24/2023
|
3 Stocks I Bought This Week
- This Fool has been doing some buying in his stock portfolio recently. Even though many investors have lost confidence in banks, he's been adding to a couple of my favorites.
- 04/24/2023
|
3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now
- Bank stocks have been beaten down recently, but this has been one of Warren Buffett's favorite businesses for decades. Some of Buffett's favorite bank stocks are trading for cheap valuations despite strong business results.
- 04/23/2023
|
Is Ally Financial Stock a Buy?
- Higher interest rates have so far pressured Ally's net interest margin. Ally just added the highest number of retail customers in a single quarter.
- 04/21/2023
|
Ally Financial (ALLY) Q1 Earnings Lag Estimates
- Ally Financial (ALLY) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $2.03 per share a year ago.
- 04/19/2023
|
Ally Financial stock falls after it sees ‘tightened underwriting' impacting retail auto loans and misses its Q1 earnings mark
- Ally Financial Inc. ALLY, -0.89% stock fell 3.5% in premarket trades after the auto and home lender said it expects 2023 retail auto originations to be on the lower end of its estimated low-$40 billion range because of “tightened underwriting.” It also missed its first-quarter adjusted earnings target.
- 04/19/2023
|
What Should Investors Watch in Regional Bank Earnings?
- We're about to see how the recent banking turmoil affected regional financial institutions.
- 04/19/2023
|
A Bull Market Is Coming: 1 Bargain-Basement Warren Buffett Stock Down 54% to Buy Before It Starts Soaring
- The ongoing turmoil in the banking sector continues to weigh on Ally Financial. That said, the company is well-positioned to ride out the economic storm.
- 04/09/2023
|
Bank Stocks Worth Buying
- We've also got a look at the latest from RH and other market news.
- 04/08/2023
|
Why Ally Financial Stock Fell 15.2% in March
- Ally Financial saw its share of volatility after the failures of two major banks. The company reports first-quarter earnings on April 19.
- 04/06/2023
|
My Dividend Growth Income - March 2023 Update
- Dividends received in March totaled $644.63, a new personal record. Forward dividend income grew by $130, translating to M/M growth of 2.27%.
- 04/05/2023
|
Ally Financial Is Too Risky and Too Late to the Fintech Party
- Based upon its advertising, Ally Financial (NYSE: ALLY ) is a digital-first provider of financial services. However, while Ally may position itself as a fintech-like entity, those in the know about ALLY stock are well aware of the company's true business: auto lending.
- 03/31/2023
|
5 Stocks I Bought More of in March
- The market has been volatile lately, but I recently added some money to my account.
- 03/31/2023
|
Animal Spirits Are Returning
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 03/29/2023
|
7 March Buffett Dividend Dogs To Buy And One To Watch
- This Buffett holdings list from Kiplinger first appeared 2/14/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 3/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 3/23/23, the top-ten ranged 3.42%-5.48% by annual-yield and 47 of 49 ranged -1.94% to 90.81% per broker-estimated target-price-upsides.
- 03/27/2023
|
Ally Financial Is The Baby Being Thrown Out With The Bathwater
- ALLY trades at just 81% of its adjusted tangible book value and 4xTTM earnings. ALLY only has 10% uninsured deposits, which would be easily replaceable from other liquidity sources in an emergency situation.
- 03/26/2023
|
Ally Financial Names Russell Hutchinson As CFO
- Ally Financial announced Russell (Russ) Hutchinson will join the company as its chief financial officer. These are the details.
- 03/25/2023
|
How Is Ally Financial Holding Up, Given the Current State of the Banking Industry?
- Ally is in a much different situation than SVB Financial or Signature Bank. But the bank does have a large book of retail auto loans that the market is watching with a cautious eye.
- 03/25/2023
|
Ally Financial: An Auto Bank Run Is Unlikely - Speculative Buy Here
- We believe the recent moderation in ALLY's stock price was unwarranted, given that it specializes in automotive loans & insurance. Its uninsured ratio was also minimal, suggesting a reduced risk of a bank run, significantly aided by its liquidity and the availability of two Federal Reserve backstop facilities.
- 03/24/2023
|
Ally Financial taps Goldman Sachs executive Hutchinson as CFO
- Ally Financial Inc has hired Russell Hutchinson from Goldman Sachs as its chief financial officer effective July 3, the company said on Friday.
- 03/24/2023
|
Ally Financial names Goldman Sachs veteran as new CFO
- Ally Financial Inc. ALLY, -2.20% on Friday named Russell Hutchinson as its new chief financial officer. He previously worked at Goldman Sachs Group Inc. GS, +0.38% including 20 years at its investment bank.
- 03/24/2023
|
Will Warren Buffett Buy the Dip on Bank Stocks?
- Bank stocks across the board have sold off, presenting a potentially attractive entry point. Buffett has reportedly been speaking with officials from the Biden administration about the banks.
- 03/22/2023
|
10 bank stocks that look cheap based on this valuation method — First Republic heads the list
- No investor is surprised that the banking crisis has sent industry stocks tumbling, but following a two-day rally, it is time to take a closer look at bank valuations to consider which stocks may soar from here.
- 03/22/2023
|
Strength Seen in Ally Financial (ALLY): Can Its 5.4% Jump Turn into More Strength?
- Ally Financial (ALLY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 03/21/2023
|
Is Warren Buffett Going to Save ALLY Stock?
- Ally Financial (NYSE: ALLY ) may have a savior: Warren Buffett. Like most bank stocks, this company has been trending quickly downward since the collapse of SVB Financial's (NASDAQ: SIVB ) principal subsidiary, Silicon Valley Bank.
- 03/20/2023
|
Why Ally Is Exposed To The Current Crisis In More Than One Way
- Ally Financial has the same underlying duration and interest rate risk issues as other institutions. Historically, its auto-lending business has provided cover - but that business may be deteriorating.
- 03/17/2023
|
Why Shares of Ally Financial Stock Slumped This Week
- Silicon Valley Bank collapsed due to major withdrawal requests and a mismanaged loan book. Ally Financial is falling along with the banking sector, but it does not share the characteristics that brought down Silicon Valley Bank.
- 03/17/2023
|
Even Warren Buffett Loses Billions On 4 Bank Stocks
- The banking crisis is costing most S&P 500 investors serious money. Even Warren Buffett is taking his lumps.
- 03/17/2023
|
The 7 Most Overvalued Buffett Stocks to Sell in March 2023
- Warren Buffett's Berkshire Hathaway (NYSE: BRK.B ) stock didn't suffer much after posting big 2022 losses just a few weeks ago. But those losses do have investors wondering if it continues to be overvalued, and if so, where?
- 03/15/2023
|
3 Buffett Financial Stocks Approach 52-Week Lows Amid Banking Fears
- As the end of the first quarter approaches, a handful of Warren Buffett (Trades, Portfolio) stocks are trading near their 52-week lows.
- 03/15/2023
|
Why Bank Stocks Ranging From Ally Financial to U.S. Bank Are Crashing (Again) Today
- Last week's sell-off is now spreading more broadly, to other banks and even non-banking lenders. Investors are worried SVB Financial's failure is a sign that other banks are in similar trouble.
- 03/13/2023
|
Why Are Bank Stocks SCHW, PACW, WAL, BAC, WFC, CS, GS, ALLY Down Today
- Many bank stocks are sinking this morning on continued fears about their financial health. The worries are arising despite the U.S. government's decision, announced yesterday, to guarantee all of the deposits held by SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank, which was closed by federal and Californian regulators on Friday.
- 03/13/2023
|
3 Great Dividend Stocks You Can Buy for Less Than $50
- Despite the current mayhem in banking, Ally is well positioned to ride out a turbulent 2023. Sealed Air looks to bring incremental growth to its recession-proof operations.
- 03/12/2023
|
10 banks that may face trouble in the wake of the SVB Financial Group debacle
- As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always exceptions.
- 03/09/2023
|
3 High-Yield Dividend Stocks to Buy Before the Next Bull Rally
- Medical Properties Trust is a real estate investment trust that offers a huge 11.5% dividend yield. Ally Financial is an all-digital bank that offers a 4.1% yield at the moment.
- 03/09/2023
|
Is Ally Financial's Nearly 4% Dividend Yield Sustainable?
- Ally's dividend has grown significantly over the last two years. Ally has plenty of excess capital but investors are worried about credit quality in a tougher economy.
- 03/07/2023
|
Ally Financial schedules release of first quarter financial results
- CHARLOTTE, N.C. , March 6, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter financial results for Wednesday, April 19, 2023, at approximately 7:30 a.m.
- 03/06/2023
|
5 Relatively Safe And Cheap Dividend Stocks To Invest In - March 2023
- This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.
- 03/04/2023
|
My Dividend Growth Income - February 2023 Update
- Dividends received in February totaled $244.23. Forward dividend income grew by $71.65, translating to M/M growth of 1.27%.
- 03/03/2023
|
2 Under-the-Radar Warren Buffett Stocks to Buy Right Now
- Of the dozens of stocks in Berkshire Hathaway's portfolio, these two look especially attractive.
- 02/26/2023
|
4 February Buffett Dividend Dog Buys + 4 To Watch
- This Buffett holdings list from Kiplinger first appeared 2/14/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 2/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 2/23/23, the top-ten ranged 3.06%-4.10% by annual-yield and 47 of 49 ranged -9.13% to 77.51% per broker-estimated target-price-upsides.
- 02/26/2023
|
Retail Loan Growth to Aid Ally Financial (ALLY) Amid Cost Woes
- Ally Financial's (ALLY) efforts to diversify the revenue base and the rise in consumer loans will likely aid profits. Elevated costs due to inorganic growth efforts might hurt the bottom line.
- 02/23/2023
|
Warren Buffett Didn't Buy a Single New Stock to End 2022. But He Cut From 8.
- Buffett's company Berkshire Hathaway spent more time selling stocks than buying in the fourth quarter of 2022.
- 02/14/2023
|
Better Buy: SoFi Technologies or Ally Financial?
- SoFi and Ally are both digital banks largely catering to the consumer.
- 02/14/2023
|
The 7 Best Stocks to Short This Week
- In order for a free market to operate, investors must be willing to participate in both sides of the transaction, which brings us to the topic of the stocks to short this week. If you're feeling optimistic about the pessimistic trajectory of embattled enterprises, this list may be for you.
- 02/13/2023
|
Dividend Champion, Contender, And Challenger Highlights: Week Of February 12
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 02/12/2023
|
Analyzing My Market-Beating DGI Portfolio: I Must Be Doing Something REIT
- I perform a deep dive analysis of my dividend growth income portfolio for which I currently provide monthly income updates. In the past 12 months, this portfolio has beaten the S&P 500 by a noticeable margin.
- 02/11/2023
|
4 Warren Buffett-Approved Dividend Stocks to Buy Today
- These dividend stocks could be excellent sources of passive income for long-term investors.
- 02/10/2023
|
My Dividend Growth Income - January 2023 Update
- Dividends received in January totaled $451. Forward dividend income grew by $1,171, translating to M/M growth of 26.08%.
- 02/08/2023
|
Why Ally Financial Stock Gained 32.9% in January
- The auto lending leader is off to a great start in 2023
- 02/02/2023
|
This Online Brokerage Will Pay You $3,500 Just To Open An Account
- Online brokerages are battling each other to win your account. And some are willing to pay up for it.
- 01/30/2023
|
How Much Income Can You Make Investing $10,000 in Warren Buffett's Top 5 Dividend Stocks?
- Investors can generate nice dividend income following Buffett's lead.
- 01/29/2023
|
Dividend Champion, Contender, And Challenger Highlights: Week Of January 29
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 01/29/2023
|
So Far So Good for One of Warren Buffett's New Stocks
- Warren Buffett's company Berkshire Hathaway opened a new position in Ally Financial last year.
- 01/26/2023
|
3 January Buffett Dividend Dog Buys Plus 5 To Watch
- This Buffett holdings list from Kiplinger first appeared 11/15/22 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 1/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 1/23/23 the top-ten ranged 3%-4.54% by annual-yield and 47 of 49 ranged -5.52% to 72.83% per broker-estimated target-price-upsides.
- 01/25/2023
|
Grade my trade: MRK, ALLY, MU & GXO
- CNBC's 'Halftime Report' investment committee, Joe Terranova, Jenny Harrington, Bill Baruch and Steve Weiss, weigh in on the Merck, Ally Financial, Micron, and GXO logistics.
- 01/25/2023
|
For Ally Financial, the Key to Future Success Is Credit
- Investors are closely watching how delinquencies and loan losses trend at Ally.
- 01/25/2023
|
Silicon Valley Bank, Ally Financial draw praise from Raymond James
- SVB Financial Group drew a price target hike while Ally Financial Inc. won praise for its net interest income as Raymond James analysts sifted through the latest quarterly numbers from the banks,
- 01/23/2023
|
This Bank Stock Just Soared After Earnings -- but Could Still Be a Great Buy
- This auto-focused online bank has excellent margins and lots of growth potential.
- 01/22/2023
|
2 Warren Buffett Stocks to Buy Hand Over Fist in January
- Berkshire Hathaway's stakes in these two stocks are worth a combined $23 billion.
- 01/22/2023
|
As Markets Soared Friday, These 2 Stocks Jumped 20%
- Find out what sent these big winners upward.
- 01/20/2023
|
Ally Financial stock rallies 20% to highest levels since September
- Ally Financial Inc. ALLY, +20.05% stock rallied more than 20% on Friday to close above $31 a share for the first time since September, after the car and mortgage financing company beat Wall Street's fourth-quarter earnings estimates and said it would surpass 2023 profit forecasts as well. The company earned $1.08 a share in the fourth quarter, ahead of the analyst estimate of 97 cents a share, with revenue of just under $2.20 billion, ahead of the estimate of $2.06 billion, according to estimates compiled by FactSet.
- 01/20/2023
|
Ally Financial Inc. (ALLY) Q4 2022 Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY ) Q4 2022 Earnings Conference Call January 20, 2023 9:00 AM ET Company Participants Sean Leary - Head, Investor Relations Jeff Brown - Chief Executive Officer Brad Brown - Interim Chief Financial Officer Conference Call Participants Moshe Orenbuch - Credit Suisse Ryan Nash - Goldman Sachs Bill Carcache - Wolfe Research Betsy Graseck - Morgan Stanley Operator Good day and thank you for standing by. Welcome to the Fourth Quarter Ally Financial Inc. Earnings Conference Call.
- 01/20/2023
|
Why Ally Financial Stock Is Soaring Higher Today
- Quarterly results suggest that some of the fears investors had about the lender's business were overblown.
- 01/20/2023
|
Ally Financial (ALLY) Beats Q4 Earnings and Revenue Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 10.20% and 7.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/20/2023
|
3 Dividend Stocks to Double Up On Right Now
- High returns and a track record of payout hikes should incentivize shareholders to add positions.
- 01/17/2023
|
This Stock Has A 4.41% Yield And Sells For Less Than Book
- For example, the recent ALLY share price of $27.23 represents a price-to-book ratio of 0.8 and an annual dividend yield of 4.41%
- 01/12/2023
|
Bear of the Day: Ally Financial (ALLY)
- Analysts are cutting estimates again on this digital bank.
- 01/12/2023
|
The Most Important Number to Watch in Ally Financial's Upcoming Earnings Report
- Investors are very concerned that loan losses may begin to pile up at Ally Financial.
- 01/12/2023
|
The '2023 Recession': Why So Certain? (+3 Dividend Buys)
- Wall Street seems to agree that we'll be entering a recession. I just can't accept that at face value.
- 01/11/2023
|
My Dividend Growth Income - Year End Summary
- In 2022, I shifted my investment strategy to focusing on dividend growth income investing and started this article series in August '22. Dedicating myself to create monthly articles to track the progress of my investments has improved my performance and sharpened my researching abilities.
- 01/10/2023
|
7 Warren Buffett Stocks I Bought for My Own Portfolio
- Here are my favorite stocks that Warren Buffett and his team have invested in.
- 01/10/2023
|
1 Bargain-Basement Warren Buffett Stock Down 83% to Buy Before It Starts Soaring
- Bank stocks have a special place in Buffett's heart, especially when they're dirt cheap.
- 01/08/2023
|
Like Passive Income? Buy These No-Brainer Warren Buffett Stocks
- Dividends drive significant returns for Berkshire Hathaway's portfolio.
- 01/06/2023
|
4 Stocks Warren Buffett Bought Hand Over Fist in the 2022 Bear Market
- Here's why Berkshire Hathaway bet big on these four businesses.
- 01/05/2023
|
Ally And Credit Suisse: Pairs Trading The Best And Worst Banks
- In this rising rate environment, high quality banks will perform well while low quality banks will have a higher risk of bankruptcy. Ally is consistently profitable, going well below book, and trading for a low multiple.
- 01/03/2023
|
Ally Financial Looks Well-Positioned As Digital Banking Is Becoming More Popular
- Digital banking is becoming more ubiquitous in consumer financing. Ally Financial is well-positioned to prosper in a more digitally focused-banking future.
- 01/03/2023
|
5 December Buffett Dividend Dog Buys, 3 To Await
- This Buffett holdings list from Kiplinger first appeared 11/15/22 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from the 12/23/22 YCharts data. 33 of 49 current Berkshire Hathaway-owned stocks pay dividends. As of 12/23/22, the top ten ranged 3.3%-5.76% by annual yield and 47 of 49 ranged -2.25% to 78.66% per broker-estimated target-price-upsides.
- 12/29/2022
|
7 Fintech and Tech Zombies to Sell Before 2023
- After a rough year, there are plenty of tech stocks to sell. Unfortunately, investors now know that inflation is persistent.
- 12/28/2022
|
These Are Warren Buffett's Top 2 High-Yield Dividend Stocks. Should You Buy?
- Combined, these two very different companies pay the renowned investor's Berkshire Hathaway tens of millions of dollars in dividends.
- 12/28/2022
|
3 Dividend Stocks to Buy That Could Gain 26% to 37% in 2023, According to Wall Street
- The investment bank analysts who follow these stocks expect impressive gains in addition to their quarterly dividend payments.
- 12/28/2022
|
Is Ally Financial a Buy?
- Warren Buffett added it to his company's portfolio, should you?
- 12/26/2022
|
5 Top Warren Buffett Stocks to Buy for 2023
- These five stocks are attractively priced and have the legendary investor's stamp of approval.
- 12/18/2022
|
Ally Financial schedules release of fourth quarter and full year 2022 financial results
- CHARLOTTE, N.C. , Dec. 15, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its fourth quarter and full year 2022 financial results for Friday, January 20, 2023, at approximately 7:30 a.m.
- 12/15/2022
|
3 Dirt Cheap Warren Buffett Stocks That Could Soar in 2023
- Warren Buffett invested in these three excellent businesses, but their stock performances haven't been great recently.
- 12/15/2022
|
7 New Stocks Warren Buffett Bought in 2022
- Buffett's company Berkshire Hathaway didn't sit around this year.
- 12/15/2022
|
Will These 2 Financial Services Stocks Charge into 2023?
- American Express and Capital One stocks are starting to look intriguing heading into 2023. Both stocks could be poised for a rebound at some point and their valuations seem to support this from a price-to-earnings perspective.
- 12/12/2022
|
This High-Yield Stock Is Cheap: Here's Why Warren Buffett Likes It
- This stock provides solid upside potential with limited downside risk.
- 12/10/2022
|
Readers Reveal 31 Ideal Dividend Dogs From November
- Prior to November 30, 2022, readers mentioned 43 equities in their recent comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PACW, PSEC, ALLY, VZ, MFA, MPW, USOI, T, BRMK, & SBLK, averaged 42.66% net gains from data collected 12/6/22.
- 12/08/2022
|
Fears Over Ally Financial Overstate The Risk
- Ally's stock has sold off materially as fears of an upcoming recession leading to higher credit costs weighs on investor sentiment. Ally is fully capable of generating mid-teens returns on equity over the course of a cycle.
- 12/01/2022
|
3 Warren Buffett Stocks to Buy Hand Over Fist in December
- There are plenty of beaten-down Buffett stocks, but these three look especially attractive.
- 12/01/2022
|
Here is What to Know Beyond Why Ally Financial Inc. (ALLY) is a Trending Stock
- Zacks.com users have recently been watching Ally Financial (ALLY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/29/2022
|
These Are Warren Buffett's 12 Biggest Stock Mistakes This Year
- Most S&P 500 stock investors own a few turkeys this year. And Warren Buffett is no exception.
- 11/29/2022
|
Ally Financial: I Can't Find A Reason Not To Buy
- Ally Financial stock has fallen in recent quarters as a reaction to their auto loan exposure and inflation-driven car sales and financing volatility. But they've used these high-margin loans to invest in their future and have signaled that it's paying off with their consumer banking units.
- 11/28/2022
|
Now May Be The Time To Invest In Ally Financial
- Ally Financial has been around for over 100 years, but it has been trading in the stock market for less than a decade. Ally Financial offers financing options to consumers and corporates.
- 11/19/2022
|
Why Is Ally Financial (ALLY) Down 0.2% Since Last Earnings Report?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 11/18/2022
|
7 Warren Buffett Stocks With Room to Run in 2023
- When Berkshire Hathaway (NYSE: BRK-B ) posted operating earnings growth of 20%, this reaffirmed how well Warren Buffett and its team manage the conglomerate. The company benefited from impressive net income from its insurance investment, as sell as surging profits from its utility and energy holdings.
- 11/17/2022
|
Is Trending Stock Ally Financial Inc. (ALLY) a Buy Now?
- Ally Financial (ALLY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 11/15/2022
|
Bear of the Day: Ally Financial (ALLY)
- Auto loan loss provisions rise in the third quarter.
- 11/14/2022
|
2 Top Dividend Stocks You Can Buy Right Now
- These dividend stocks should perform well, even if the economic uncertainty persists.
- 11/13/2022
|
Why Good Inflation News Has Upstart, SoFi, and Ally Shares Rising Today
- A better-than-expected October inflation report has stocks rocketing higher.
- 11/10/2022
|
3 Incredibly Cheap Dividend Stocks
- Investing in value stocks with compelling dividend yields gives you multiple ways to win with your investments.
- 11/10/2022
|
Ally Financial to present at the Goldman Sachs US Financial Services Conference
- CHARLOTTE, N.C. , Nov. 9, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Executive Officer Jeffrey J.
- 11/09/2022
|
Down 79.9%, This Growth Stock Is a Screaming Buy Right Now
- Positive cash flows, incredible growth rates, and a low valuation make this bank stock a no-brainer buy.
- 11/07/2022
|
Buying Ally Financial Right Now Could Be a Genius Move for Investors. Here's Why.
- The short-term problems Ally Financial faces shouldn't detract from the long-term growth it can deliver.
- 11/06/2022
|
6 Warren Buffett Dividend Stocks That Can Rocket Higher as Interest Rates Rise Again
- 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.
- 11/03/2022
|
Better Buy: Ally Financial vs. Upstart Stock
- Both of these stocks are plunging. Does that spell opportunity?
- 11/03/2022
|
I Just Sold One of My Largest Investments -- And Bought These 7 Stocks With the Money
- I recently freed up some capital, and here's how I decided to deploy it.
- 11/01/2022
|
Ally Financial announces date of 2023 annual meeting of stockholders
- DETROIT , Oct. 27, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that it will conduct its 2023 annual meeting of stockholders on Wednesday, May 3, 2023. Additional details will be provided in the company's proxy statement.
- 10/27/2022
|
Ally Financial Is Down 43% In 2022. Time to Buy the Dip?
- Investors are getting pessimistic about the automotive lender's short-term results. But that could provide an opportunity for long-term investors.
- 10/27/2022
|
Buy 7 October Buffett Dividend Dogs And Watch One More
- This Buffett holdings list from Kiplinger first appeared 8/15/22 on line. YCharts and Dogs of The Dow also track this Buffett/Berkshire batch. Here is your update from 10/24/22 YCharts data. 31 of 47 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/24/22, the top-ten ranged 3.28%-5.18% by annual-yield and 45 of 47 ranged -2.67% to 65.66% per broker-estimated price-target-upsides.
- 10/26/2022
|
Is Most-Watched Stock Ally Financial Inc. (ALLY) Worth Betting on Now?
- Ally Financial (ALLY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/26/2022
|
Credit Quality Might Be Deteriorating, but Ally Financial Is Staying on the Offensive. Here's Why.
- The consumer digital bank expects to continue to lend at healthy levels, despite deteriorating credit quality.
- 10/25/2022
|
4 Reasons to Follow Warren Buffett and Buy Ally Financial
- The oracle of Omaha's a big fan of this bank stock, and it's not hard to see why.
- 10/23/2022
|
Why Ally Financial Stock Dropped 10.2% This Week
- While the major indexes were up this week, Ally Financial dropped on earnings that missed analysts' expectations.
- 10/21/2022
|
This Is The Ultimate Warren Buffett Stock, But Should You Buy It?
- Berkshire Hathaway is the ultimate Warren Buffett stock. But is it a good buy?
- 10/21/2022
|
Ally Financial cuts view as it prepares for more auto loans that won't be repaid
- Ally Financial Inc. ALLY, -6.74% on Wednesday missed its third-quarter earnings and revenue targets and issued a weaker-than-expected profit outlook for the coming quarter, as the consumer lender marked down the value of an investment in a digital mortgage provider.
- 10/19/2022
|
Loan Losses Just Spiked at Ally Financial; Did Warren Buffett Make a Mistake?
- Credit quality in Ally Financial's auto loan portfolio has deteriorated faster than some might have expected.
- 10/19/2022
|
Why Ally Financial Stock Was Falling This Morning
- Economic uncertainty continues to pressure results for the popular online bank.
- 10/19/2022
|
Ally Financial Inc. (ALLY) Q3 2022 Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY ) Q3 2022 Earnings Conference Call October 19, 2022 9:00 AM ET Company Participants Sean Leary - Head, Investor Relations Jeff Brown - Chief Executive Officer Jenn LaClair - Outgoing Chief Financial Officer Brad Brown - Interim Chief Financial Officer Conference Call Participants Ryan Nash - Goldman Sachs Moshe Orenbuch - Credit Suisse Betsy Graseck - Morgan Stanley Sanjay Sakhrani - KBW Operator Good day and thank you for standing by. Welcome to the Ally Financial Third Quarter 2022 Earnings Conference Call.
- 10/19/2022
|
Ally Financial share weaken as third-quarter profit falls a day after CFO departs
- Ally Financial Inc. ALLY, -4.65% shares fell 6.5% in premarket trades on Wednesday after the mortgage, car loan and banking provider's adjusted earnings per share and revenue fell short of analyst targets. Ally Financial said its third-quarter net income fell to $272 million, or 88 cents a share, from $712 million, or $1.89 a share, in the year-ago quarter.
- 10/19/2022
|
Ally Financial Q3 Preview: Rebound Quarter Inbound?
- In Ally Financial's latest print, the company fell short of the Zacks Consensus EPS Estimate by more than 7%.
- 10/17/2022
|
Why is Q3 Earnings Beat Less Likely for Ally Financial (ALLY)?
- Ally Financial (ALLY) is expected to have recorded a rise in fee revenues in the third quarter of 2022.
- 10/17/2022
|
The Top Dividend Stocks to Buy With $100
- Thanks to recent stock market volatility, you can buy these dividend leaders at bargain pricers.
- 10/16/2022
|
How Interest Rates Affect Ally Financial
- Rapidly rising interest rate expectations have hurt Ally this year. Despite these headwinds I remain bullish on Ally.
- 10/15/2022
|
Here's the Next Stock I'm Going to Buy
- This bank stock is getting ridiculously cheap.
- 10/13/2022
|
Warren Buffett's Buying This Passive Income Stock
- Berkshire Hathaway recently tripled its position in this financial stock.
- 10/12/2022
|
2 Warren Buffett Stocks With High Dividend Yields
- These two stocks are new to the Oracle of Omaha's holding company's portfolio this year -- and they both have dividend yields of 4% or greater.
- 10/12/2022
|
Better Buy: Ally Financial or Upstart?
- Both of these fintech companies have been the topic of many investor conversations this year.
- 10/10/2022
|
3 Cheap Stocks to Buy Right Now
- There are bargains all over the market, but these three look especially attractive.
- 10/09/2022
|
Ready to Buy the Dip? This Financial Stock Is a Smart Pick
- Buying this dividend-paying Buffett stock is like buying a $100 bill for $80.
- 10/06/2022
|
This Is the Best Time to Buy These 7 Long-Term Warren Buffett Stocks
- There are approximately 50 long-term Warren Buffett stocks to choose from. These range from the highest market value of Apple (NASDAQ: AAPL ) at $2.5 trillion to the lowest — Liberty Latin America Class C (NASDAQ: LILAK ) — with a value of around $1.5 billion.
- 10/05/2022
|
7 Under-$50 Sleeper Stocks to Buy Before Wall Street Wakes Up
- After covering market ideas under $10 and later under $20, it's now time to go up the standalone denomination chain of the Federal Reserve note spectrum and discuss under-$50 sleeper stocks to buy before Wall Street wakes up. The narrative is simple.
- 09/28/2022
|
Financial Services Stock Slides on Downgrade
- Consumer lending stock Ally Financial Inc (NYSE:ALLY) is down 2.6% at $29.87 at last glance, after a downgrade from Wells Fargo to "equal weight" from "overweight," with a price-target cut to $32 from $40.
- 09/23/2022
|
Ally Financial Is Dirt Cheap At Just 4.4x Forward P/E
- Ally Financial has fallen 43% from its 52-week high. Yet, its business is performing well with respectable growth in deposit customers.
- 09/21/2022
|
Ally Financial to announce third quarter 2022 financial results on October 19, 2022
- CHARLOTTE, N.C. , Sept. 20, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter 2022 financial results on Wednesday, October 19, 2022, at approximately 7:30 a.m.
- 09/20/2022
|
3 Stocks the World's Top Investors Are Loading Up On
- Find out why billionaire money managers think these three stocks can outperform.
- 09/13/2022
|
Warren Buffett Just Bought This Dividend Stock -- Is It Right for You?
- It's cheap and offers a high-yielding dividend. But there's more to the story.
- 09/13/2022
|
Warren Buffett Is Piling Into These 2 Beaten-Down Stocks
- Warren Buffett's company Berkshire Hathaway has invested in some stocks this year trading at rock-bottom valuations.
- 09/12/2022
|
The 10 Cheapest Warren Buffett Stocks
- These Berkshire Hathaway holdings sport forward-year price-to-earnings (P/E) ratios of 4.8 to 9.2.
- 09/12/2022
|
3 Cheap Financial Stocks to Buy Now and Never Sell
- Buying these cheap bank stocks is like buying a $100 bill for $80 -- or even less.
- 09/09/2022
|
7 Bear Market Stocks to Buy and Hold Forever
- Bear markets generally signal that investors' overall sentiment is negative Such markets are usually, but not always, associated with recessions. And most of the statistics about the history of bear-market stocks don't instill a lot of confidence in investors.
- 09/08/2022
|
Passive Income in a Bear Market? 1 Stock Warren Buffett Bought
- Follow the North Star of value investing and build up your passive income with this recent Buffett buy.
- 09/08/2022
|
2 Consumer Loan Stocks With Solid Dividend Yield to Watch
- Despite near-term challenges faced by consumer loan providers, investors must keep an eye on Ally Financial (ALLY) and Navient (NAVI) for robust dividend yield.
- 09/06/2022
|
2 Beaten-Down Buffett Stocks to Buy in September
- Act now and you could get in at better prices than Berkshire Hathaway paid.
- 09/03/2022
|
3 Dividend-Paying Stocks Billionaires Are Buying Hand Over Fist
- Find out why legendary investors were recently eager to buy these stocks.
- 08/28/2022
|
This Stock Is Warren Buffett's Best 2022 Buy
- The Oracle of Omaha has added a bunch of stocks that have lost value lately, but this one is standing out with its performance.
- 08/28/2022
|
5 Stocks That Warren Buffett is Betting on Now
- With the latest updates to Berkshire Hathaway's (NYSE: BRK-A , NYSE: BRK-B ) list of equity holdings, Warren Buffett stocks are again making headlines. Investors large and small like to follow his portfolio moves.
- 08/26/2022
|
Should You Invest in This Warren Buffett Stock Right Now?
- The Oracle of Omaha just tripled his company's investment in Ally Financial.
- 08/26/2022
|
Top-Performing Punch Card Buys a New Holding
- One hedge fund that tends to fly under the radar, which should not do, in my opinion, is Punch Card Management.
- 08/24/2022
|
Ally Financial to present at the Barclays 20th Annual Global Financial Services Conference
- CHARLOTTE, N.C. , Aug. 24, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Jenn LaClair will present at the Barclays 20th Annual Global Financial Services Conference on Wednesday, Sept.
- 08/24/2022
|
2 Stocks Warren Buffett Could Not Stop Buying in the Second Quarter
- Warren Buffett has bet on these fundamentally strong stocks in the current recessionary environment.
- 08/22/2022
|
Ally Financial: Seeing The Forest For The Trees
- Ally Bank, a profitable, digital-only gem sells for near tangible book value after reporting a ROTCE of +20% in the 2Q22. The bank is diversifying its credit portfolio, lowering funding costs, and adding attractive lending products, which will drive resilient book value growth into the future.
- 08/22/2022
|
Warren Buffett More Than Tripled His Position in This Stock. Is It a Buy?
- When Buffett and Berkshire Hathaway like a stock, they are never afraid to increase their position.
- 08/21/2022
|
Ally Financial: This Bottom Is Real, Buy Hand Over Fist
- Ally Financial has underperformed the market since our previous Hold rating in July. However, we are confident that ALLY has likely bottomed out at its July lows, and should be re-rated. Despite a mixed Q2 release, we are confident that Ally's underlying metrics should improve through FY23, despite worsening macro headwinds. Therefore, it should support its EPS recovery.
- 08/21/2022
|
1 Fintech Stock I'm Watching Right Now
- This digital bank looks extremely interesting.
- 08/19/2022
|
Warren Buffett Owns a Lot of Stocks -- Here's the One I'm Most Excited About
- This is a newer addition to Berkshire Hathaway's portfolio, but one that's worth watching.
- 08/19/2022
|
Ally Financial (ALLY) Up 6.1% Since Last Earnings Report: Can It Continue?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 08/18/2022
|
Warren Buffett Just Increased His Position in This Stock by 234%
- The Oracle of Omaha tripled his position in this undervalued online bank.
- 08/18/2022
|
Warren Buffett's Buying Spree Winding Down: Good News for Investors?
- When Buffett's buying wanes, your stocks are probably delivering solid gains.
- 08/18/2022
|
Why Warren Buffett Likes Ally Financial
- Berkshire Hathaway's SEC 13F filing for the June quarter revealed that Buffett is betting big on Ally Financial. Ally is primarily focused on sourcing, structuring and operating auto loans and financing across the loan cycle.
- 08/17/2022
|
Three Stock Lunch: Ally Financial, Amazon and Royalty Pharma
- Eva Ados, ERShares chief investment strategist, joins 'Power Lunch' to discuss her take on three stocks: Ally Financial, Amazon and Royalty Pharma.
- 08/16/2022
|
Ally vs. Synchrony: Which online bank is right for you?
- It may be a toss-up if you're choosing between Ally's and Synchrony's savings accounts, but Ally will be your clear winner for a checking account.
- 08/16/2022
|
Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.
- Warren Buffett's Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright.
- 08/16/2022
|
Warren Buffett Ramps Up Occidental and Apple Stakes, Dumps Verizon
- Warren Buffett (Trades, Portfolio)'s multibillion-dollar conglomerate, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), disclosed its equity portfolio for the second quarter of 2022 on Monday.
- 08/15/2022
|
Buffett's Berkshire more than triples Ally stake, sheds Verizon
- Warren Buffett's Berkshire Hathaway Inc on Monday said it more than tripled its stake in the online banking company Ally Financial Inc, while shedding its stakes in Verizon Communications Inc and Royalty Pharma Plc, which buys drug royalties.
- 08/15/2022
|
3 Financial Stocks With Valuations Too Cheap to Ignore
- These top financial sector stocks have the respect of top investors and look like steals at today's prices.
- 08/10/2022
|
7 Discount Stocks to Buy Trading Down at Least 20%
- With big names continuing to struggle, there are discount stocks to buy out there that may not stay this cheap for much longer. The stock market is rife with opportunity currently.
- 08/10/2022
|
The 7 Most Undervalued Value Stocks to Buy Now
- Value stocks are always a sensible class of equities to consider as an investment. It's all about finding stocks that are believed to be trading below where they should be based on fundamental metrics.
- 08/08/2022
|
Warren Buffett Is Betting on a Stock the Market Doesn't Like
- The stock has performed well but operates in an industry the market is concerned about.
- 08/04/2022
|
5 Stocks Warren Buffett Has Piled Into as Inflation Skyrockets
- A historically high U.S. inflation rate of 9.1% hasn't stopped the Oracle of Omaha from putting his company's cash to work in five stocks.
- 07/27/2022
|
Ally Financial Offers A Sustainable 16-18% ROTCE And Trades Around Tangible Book
- At a recent price of $33.33, ALLY trades at around 4x 2021 earnings and under 5x 2022 projected earnings. ALLY pays a 3.6% dividend and can aggressively buy back stock at these cheap prices.
- 07/19/2022
|
Ally Financial Inc. (ALLY) CEO Jeff Brown on Q2 2022 Results - Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY ) Q2 2022 Earnings Conference Call July 19, 2022 9:00 AM ET Company Participants Sean Leary - Head, Investor Relations Jeff Brown - Chief Executive Officer Jenn LaClair - Chief Financial Officer Conference Call Participants Moshe Orenbuch - Credit Suisse Betsy Graseck - Morgan Stanley Sanjay Sakhrani - KBW Ryan Nash - Goldman Sachs John Hecht - Jefferies Rob Wildhack - Autonomous Operator Good day and thank you for standing by. Welcome to the Second Quarter 2022 Ally Financial Earnings Conference Call.
- 07/19/2022
|
Ally Financial Shares Are Down: Here's Why
- Ally Financial Inc (NYSE: ALLY) shares are trading lower Tuesday after the company reported worse-than-expected earnings results. Ally reported second-quarter revenue of $2.22 billion, which beat the estimate of $2.19 billion, according to data from Benzinga Pro.
- 07/19/2022
|
Ally Financial (ALLY) Q2 Earnings and Revenues Miss Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of -7.37% and 6.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/19/2022
|
Ally Financial shares drop after adjusted earnings miss analyst target
- Ally Financial Inc. ALLY, +0.41% shares dropped 3.7% in premarket trades Tuesday after the company said its second-quarter net income fell to $454 million, or $1.40 a share, from $900 million, or $2.41 a share in the year-ago quarter. The company's adjusted net income fell to $1.76 a share from $2.33 a share in the year-ago quarter.
- 07/19/2022
|
Ally Financial (ALLY) to Report Q2 Earnings: What's in Store?
- Ally Financial (ALLY) is expected to have recorded a rise in fee revenues in the second quarter of 2022.
- 07/18/2022
|
Warren Buffett Is Increasing His Bets Big-Time in These 3 Sectors
- The Oracle of Omaha is putting tens of billions of dollars to work in three specific sectors.
- 07/18/2022
|
5 Warren Buffett Bank Stocks Near 52-Week Lows
- As investors monitor bank earnings and the possibility for larger interest rate hikes, five bank stocks in Warren Buffett (Trades, Portfolio)'s first-quarter 13F equity portfolio that are trading near 52-week lows are Citigroup Inc. ( C , Financial), Bank of America Corp. ( BAC , Financial), Bank of New York Mellon Corp. ( BK , Financial), U.S. Bancorp ( USB , Financial) and Ally Financial Inc. ( ALLY , Financial).
- 07/14/2022
|
2 Dirt-Cheap Financial Stocks You Can Buy and Hold for the Next Decade
- These top financial stocks are available for surprisingly inexpensive valuations.
- 07/13/2022
|
Ally Financial: Bumping Along The Bottom
- Ally Financial still expects strong earnings as vehicle supplies remain depressed heading into a potential recession. The financial forecasts loan losses to return to more normal levels in the 2H.
- 07/08/2022
|
Why Ally Financial (ALLY) Could Beat Earnings Estimates Again
- Ally Financial (ALLY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/08/2022
|
3 Buffett Stocks You Can Buy in July and Hold Forever
- These stocks are trading at lower prices now than they were when Berkshire Hathaway acquired them earlier this year.
- 07/06/2022
|
3 Stocks You Can Buy for Less Than $0.95 on the Dollar
- Smart investors are currently taking advantage of the market sell-off to buy stocks at discounted prices.
- 07/01/2022
|
3 Buffett Stocks That Are Screaming Buys Right Now
- These stocks highlight Buffett's bargain-hunting skills.
- 07/01/2022
|
3 Undervalued Dividend Stocks for Long-Term Returns
- The S&P 500 recently fell into a bear market, defined as a 20% year-to-date drop, which has ramifications for dividend stocks. The good news for investors is that the stock market decline has created buying opportunities for long-term investors.
- 06/30/2022
|
1 Warren Buffett Stock to Buy Hand Over Fist in June
- This company has all the elements of a great business, and its shares are super cheap.
- 06/28/2022
|
2 Bank Stocks That Could Be Huge Winners for Patient Investors
- These banks have been hit hard in the recent market downturn but could be big winners in the years to come.
- 06/27/2022
|
Here's How 5 Warren Buffett Stocks Would Perform in a Severe Recession
- Buffett owns a lot of bank stocks, which are staring at a possible recession.
- 06/26/2022
|
Warren Buffett Just Bought 8 New Stocks: Here's the Best of the Bunch
- This value stock is far more compelling than you might think.
- 06/25/2022
|
The Smartest Stocks to Buy With $50 Right Now and Hold Forever
- The market has plummeted, taking these great stocks along with it. Use this opportunity.
- 06/25/2022
|
3 Top Value Stocks to Buy Right Now
- There's nothing boring about buying shares of great companies at rock-bottom valuations.
- 06/23/2022
|
Ally Financial Aims To Be A Leader In Racing
- Ally Financial is determined to grow in the racing space, led by its Nascar sponsorship. Andrea Brimmer, the firm's marketing head, believes Alex Bowman and Hendrick Motorsports are leading the brand to become one of the most popular financial institutions.
- 06/22/2022
|
6 Oversold Dividend Stocks With High Yields to Buy Now
- These 6 oversold dividend stocks with high yields are worth buying now as their yields will help the stock return to metrics of intrinsic value. The idea is the oversold dividend stocks will revert to their mean dividend yield over time with good earnings growth.
- 06/22/2022
|
6 Beaten-Down Stocks With Promising Potential
- These six beaten-down stocks with promising potential can make a patient value investor money, especially if there is a good dividend yield. The post 6 Beaten-Down Stocks With Promising Potential appeared first on InvestorPlace.
- 06/21/2022
|
3 Warren Buffett Stocks to Buy Hand Over Fist This Summer
- Invest like Warren Buffett this summer by adding these Berkshire stocks to your portfolio.
- 06/20/2022
|
2 Top Growth Stocks That Also Pay a Dividend
- When it comes to growth versus income, some companies offer investors the best of both worlds.
- 06/17/2022
|
Need Safety in Your Portfolio? Follow Warren Buffett Into These 3 Stocks
- The Oracle of Omaha can serve as a guiding light during tough stock market conditions.
- 06/17/2022
|
14 June High-Yield And High-Rising Dividend Dogs Ready To Buy
- June 2022, The AAII Journal listed two sets of stocks sorted as: High-Yielding Dividend Payers, and Biggest Rising Dividend Payers. Those two articles revealed 40 dividend-paying-equities. The American Association of Individual Investors (AAII) is an independent non-profit corporation assisting individual investors through programs of education, information, and research.
- 06/16/2022
|
Here Are All 16 Stocks Warren Buffett Has Bought Since 2022 Began
- The Oracle of Omaha has put more than $50 billion to work this year.
- 06/15/2022
|
10 Best Dividend Stocks to Buy Now
- These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.
- 06/11/2022
|
Here's the Next Fintech Stock I'm Going to Buy
- This is a highly profitable business with lots of room to grow.
- 06/09/2022
|
8 Cheap Stocks That You Can't Ignore
- The increased number of cheap stocks available makes the current bear market fairly attractive to investors. Here are the ones analysts love.
- 06/06/2022
|
Ally Financial: Share Buybacks And Dividend Imply 17% Return
- Ally Financial offers a starting dividend yield of 2.8% with a 58% growth year on year. Share buybacks for 2022 account for 14% of the current market cap.
- 06/06/2022
|
Why Shares of Ally Financial Jumped 10% in May
- Warren Buffett and Berkshire Hathaway revealed they had taken a stake in the company.
- 06/01/2022
|
Warren Buffett Is Tiptoeing His Way Into This Stock
- Could a small investment lead to a larger position later?
- 05/30/2022
|
Better Buy: Ally Financial vs. Citigroup
- These banks have one thing in common -- they were both just bought by Warren Buffett's Berkshire Hathaway.
- 05/25/2022
|
A Look at Berkshire's New Financial Stock Holdings
- It's always interesting to see which companies made it into Berkshire Hathaway's ( BRK.A , Financial) ( BRK.B , Financial) equity portfolio when it releases its 13F report after the end of each calendar quarter.
- 05/24/2022
|
Warren Buffett Just Bought 8 New Stocks: Here's the Best of the Bunch
- Two of the legendary investor's recent purchases especially stand out.
- 05/24/2022
|
Ally Financial's High ROTCE And Low Valuation Make For A Compelling Buy
- Ally trades at less than 7x the low-end of its normalized earnings despite an ROTCE above 16%. Ally has greatly diversified into businesses such as Credit Cards and Wealth Management, which will ultimately improve the ROA of the business.
- 05/23/2022
|
SoFi vs. Ally Financial: Why 1 is a Buffett Stock and the Other Isn't
- Ally and SoFi have similar business models, but one is a Warren Buffett stock and the other isn't.
- 05/22/2022
|
Warren Buffett and Berkshire Hathaway Are Investing in Ally Financial. Should You?
- In the first quarter of 2022, Warren Buffett's holding company opened up a small position in Ally Financial.
- 05/20/2022
|
Bill Nygren gives away his favourite financial stock
- There's plenty of quality names that are now on sale in the “financial” space, says Oakmark Funds' portfolio manager. XLF, at present, is down 20% from its year-to-date high.
- 05/19/2022
|
Deep Dive: Which of Buffett's bank stocks might make you the most money?
- This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate's stock portfolio.
- 05/17/2022
|
Here's Every Stock Warren Buffett Bought or Sold in the First Quarter
- The Oracle of Omaha was very active in the markets.
- 05/17/2022
|
This Dividend Stock Yields 2.9%, and It Can Afford More
- It already has an excellent yield, but this fintech has the financials to go even higher
- 05/11/2022
|
Checking in on Ally Financial Stock After Last Week's Earnings
- Ally Financial Inc (NYSE:ALLY) declared on April 13 a quarterly cash dividend of $0.30 per share of the financial company's common stock, payable on May 16 to stockholders of record as of May 2.
- 04/21/2022
|
Ally Financial: Q1 Solid. Still Like For Trading Account
- Q1 results solid = Credit Quality, Loan Growth, Expense Management. Forward P/E = 5.7x = some downside protection.
- 04/19/2022
|
Ally Financial (ALLY) Stock Dips Despite Q1 Earnings Beat
- Ally Financial (ALLY) reports a rise in revenues and expenses in the first quarter of 2022.
- 04/18/2022
|
Ally Financial Inc. (ALLY) CEO Jeff Brown on Q1 2022 Results - Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY ) Q1 2022 Earnings Conference Call April 14, 2022 9:00 AM ET Company Participants Sean Leary - Head, Investor Relations Jeff Brown - Chief Executive Officer Jen LaClair - Chief Financial Officer Conference Call Participants Bill Carcache - Wolfe Research Ryan Nash - Goldman Sachs Sanjay Sakhrani - KBW Jeff Adelson - Morgan Stanley Moshe Orenbuch - Credit Suisse Rob Wildhack - Autonomous Research Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the Ally Financial First Quarter 2022 Earnings Conference Call.
- 04/14/2022
|
Ally Financial (ALLY) Q1 Earnings Surpass Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 5.18% and 0.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/14/2022
|
Can Ally Financial (ALLY) Keep the Earnings Surprise Streak Alive?
- Ally Financial (ALLY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/08/2022
|
Why Ally Financial (ALLY) Might Surprise This Earnings Season
- Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/07/2022
|
Ally Financial schedules release of first quarter 2022 financial results
- CHARLOTTE, N.C. , March 16, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter 2022 financial results for Thursday, Apr. 14, 2022.
- 03/16/2022
|
Ally Financial (ALLY) Gains But Lags Market: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $47.14, marking a +1.79% move from the previous day.
- 03/02/2022
|
Ally Financial (ALLY) Gains But Lags Market: What You Should Know
- Ally Financial (ALLY) closed the most recent trading day at $48.28, moving +0.35% from the previous trading session.
- 02/24/2022
|
Ally Bank - Poised To Benefit From Rate Hikes And Consumer Trends
- Ally Financial stands to benefit from the likely rate hikes this year and next.
- 02/21/2022
|
Ally Financial: Big Buybacks, Credit Quality, Attractive P/E
- Used auto prices were up 40% in January compared to a year ago. Ally, the second largest auto lender in U.S., shows strong credit quality numbers and a Loan & Lease Loss Allowance that appears more than adequately funded.
- 02/20/2022
|
Here's My Top Value Stock to Buy Right Now
- Ally Financial is too attractively priced to overlook right now.
- 02/12/2022
|
Buy Alert: 2 High Dividend Growth Stocks To Combat Rampant Inflation
- Buy Alert: 2 High Dividend Growth Stocks To Combat Rampant Inflation
- 02/10/2022
|
Ally Financial to present at the Credit Suisse 23rd Annual Financial Services Forum
- CHARLOTTE, N.C., Feb. 4, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Jenn LaClair will present at the Credit Suisse 23rd Annual Financial Services Forum on Thursday, Feb.17, 2022, from approximately 10:30 - 11:10 a.m.
- 02/04/2022
|
Dividend Champions For February 2022
- Monthly update of the Dividend Champions List. 79 companies declared higher dividends in the past month, with an average increase of 10.71% over their previous payouts. One new King, one new Champion, ten new Contenders, and five new Challengers.
- 02/03/2022
|
11 Upcoming Dividend Increases
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 9.5% and a median increase of 5.3%. I've tracked 37 increases in 2022.
- 01/28/2022
|
Ally Financial (ALLY) Down Despite Q4 Earnings & Revenue Beat
- Rise in revenues, and strong loans and deposits support Ally Financial's (ALLY) Q4 results. However, increase in expenses and higher provision for credit losses are headwinds.
- 01/24/2022
|
The auto loan market has been a boom, says Ally Financial CEO
- Jeff Brown, Ally Financial CEO, joins 'The Exchange' to discuss the state of the auto loan market in 2022.
- 01/21/2022
|
Stocks: Under Armour bucks market losses, Netflix plunges, Ford down, Ally Financial dips
- Yahoo Finance's Emily McCormick and Adam Shapiro discuss the top trending stocks they are looking at this week. Tickers: $UA $NFLX $F $ALLY
- 01/21/2022
|
Ally Financial Inc.'s (ALLY) CEO Jeff Brown on Q4 2021 Results - Earnings Call Transcript
- Ally Financial Inc.'s (ALLY) CEO Jeff Brown on Q4 2021 Results - Earnings Call Transcript
- 01/21/2022
|
Why Ally Financial (ALLY) is a Top Momentum Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 01/21/2022
|
Ally Financial (ALLY) Beats Q4 Earnings and Revenue Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 0.50% and 6.66%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 01/21/2022
|
Earnings Previews: Ally Financial, Huntington Bancshares, Schlumberger
- Tuesday was not a dough day for equity investors. Wednesday got off to a slightly better start with the three major stock indexes all trading higher in the premarket session.
- 01/19/2022
|
Why I'm Taking Goliath Over the Digital Banking App Dave
- Dave initially received a $4 billion enterprise value, which looks way too high.
- 01/19/2022
|
Is an Earnings Beat Likely for Ally Financial (ALLY) in Q4?
- Ally Financial (ALLY) is expected to have recorded a rise in fee revenues in the fourth quarter of 2021.
- 01/18/2022
|
Why Ally Financial (ALLY) Might Surprise This Earnings Season
- Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/18/2022
|
Ally Financial (ALLY) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $52.64, marking a -0.23% move from the previous day.
- 01/17/2022
|
Dividend Increases: December 25, 2021-January 14, 2022
- Dividend Increases: December 25, 2021-January 14, 2022
- 01/16/2022
|
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
- Ally Financial (ALLY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/14/2022
|
3 Stocks Giving Inflation-Beating Dividend Raises
- Inflation continues to rear its ugly head, with the consumer price index rising 7% in December. The consumer price index was up 0.5% on a monthly basis, but there is no question that consumers are feeling the pinch of higher costs for a variety of things, including food at the grocery store and gas at the pump.
- 01/14/2022
|
7 Best Cheap Stocks if You Want to Spruce up Your Portfolio
- Banking on cheap stocks to drub shares of growth companies is not a recipe for success, but it's a sound strategy in the current environment. The post 7 Best Cheap Stocks if You Want to Spruce up Your Portfolio appeared first on InvestorPlace.
- 01/13/2022
|
5 Long-Term Payers Announce Dividends
- Apogee Enterprises Inc. ( APOG , Financial), Procter & Gamble Co ( PG , Financial), International Paper Co ( IP , Financial), Assurant Inc. ( AIZ , Financial) and Ally Financial Inc. ( ALLY , Financial) all recently announced their next dividends.
- 01/12/2022
|
Ally Financial stock rises on dividend hike, buyback program
- Ally Financial Inc. ALLY, +0.76% shares rose in the extended session Tuesday after the financial services company's board approved a dividend hike and a share-repurchase program. Ally shares rose 2% after hours, following a 0.8% rise to close the regular session at $50.54.
- 01/11/2022
|
Ally Financial (ALLY) Gains As Market Dips: What You Should Know
- Ally Financial (ALLY) closed the most recent trading day at $49.91, moving +0.91% from the previous trading session.
- 01/07/2022
|
Why Ally Financial (ALLY) Could Beat Earnings Estimates Again
- Ally Financial (ALLY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/07/2022
|
Ally Financial: Reasons Why I Am Bullish With This Stock
- Ally ALLY has gained more than 34% in the 1-year analysis, outperforming the S&P 500 index by almost 10% over the same period. The year 2021 saw ALLY's retail auto origination exceed 7% for the fourth year in a row.
- 12/24/2021
|
Ally Financial Is Worth A Look In 2022
- Ally Financial has come a long way from its start over 100 years ago in vehicle financing at GM dealerships. The company operates five different segments and continues to invest in growing its offerings.
- 12/23/2021
|
Ally Financial schedules release of fourth quarter and full year 2021 financial results
- CHARLOTTE, N.C., Dec. 16, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its fourth quarter and full year financial results for Friday, Jan. 21, 2022.
- 12/16/2021
|
Shift Technologies Enters $100M Floorplan Facility With Ally Financial
- Shift Technologies Inc (NASDAQ: SFT) announced a $100 million committed floorplan facility with Ally Financial Inc (NYSE: ALLY), a digital financial services company. The new floorplan financing has a two-year term, expiring December 9, 2023.
- 12/13/2021
|
Here's My Top Value Stock to Buy Right Now
- This fintech posted strong results in the third quarter but remains undervalued.
- 12/11/2021
|
Ally Financial (ALLY) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $47.03, marking a +1.55% move from the previous day.
- 12/06/2021
|
Ally Financial (ALLY) Closes Agreement to Acquire Fair Square
- Ally Financial (ALLY) completes the previously announced acquisition of Fair Square, a digital-first credit card company.
- 12/02/2021
|
Why Ally Financial (ALLY) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/16/2021
|
Ally Financial to present at the Citi 2021 FinTech Virtual Conference
- CHARLOTTE, N.C., Nov. 4, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) President of Ally Lending, Hans Zandhuis, will present at the Citi 2021 FinTech Virtual Conference on Tuesday, Nov. 16, 2021, from approximately 10:30 - 11:05 a.m.
- 11/04/2021
|
Inflation Mania: 2 Growth Stocks Riding the Boom in Car Prices
- The surprising rise in car prices has sent shares of Ally Financial and Carvana soaring, and the surge looks set to continue.
- 10/23/2021
|
Ally Financial (ALLY) CEO, Jeffrey Brown on Q3 2021 Results - Earnings Call Transcript
- Ally Financial (ALLY) CEO, Jeffrey Brown on Q3 2021 Results - Earnings Call Transcript
- 10/21/2021
|
Ally Financial (ALLY) Beats Q3 Earnings Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 10.20% and -0.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/21/2021
|
Earnings Outlook For Ally Financial
- Ally Financial (NYSE:ALLY) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.
- 10/20/2021
|
Is Ally Financial (ALLY) a Great Value Stock Right Now?
- 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.
- 10/15/2021
|
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
- Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/14/2021
|
Ally Financial announces date of 2022 annual meeting of stockholders
- DETROIT, Oct. 8, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that it will conduct its 2022 annual meeting of stockholders on Tuesday, May 3, 2022. Additional details will be provided in the company's proxy statement.
- 10/08/2021
|
Ally Financial: It's Time To Consider For Outsized Return
- Ally Financial has placed itself in fast growing business segments in fast growing regions in the United States.
- 10/02/2021
|
5 Financial Services Stocks Bill Nygren Likes
- When searching for value investment opportunities, Oakmark Fund manager Bill Nygren (Trades, Portfolio) takes the approach of a business owner, seeing each position as owning a piece of the business as opposed to just a stock certificate.
- 09/24/2021
|
Has Ally Financial (ALLY) Outpaced Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 09/24/2021
|
Ally Financial schedules release of third quarter 2021 financial results
- CHARLOTTE, N.C., Sept. 23, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its third quarter 2021 financial results for Thursday, October 21, 2021.
- 09/23/2021
|
Is Ally Financial (ALLY) Stock Undervalued Right Now?
- 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.
- 09/22/2021
|
Moguls in the Making 2021: Ally and the Thurgood Marshall Fund once again join forces to foster entrepreneurship among HBCU students
- CHARLOTTE, N.C., Sept. 21, 2021 /PRNewswire/ -- Students from North Carolina A&T State University took top prize in the 2021 Moguls in the Making pitch competition, which offers 50 students from Historically Black Colleges and Universities (HBCUs) the opportunity to learn and practice vital business skills, while competing for scholarships and internship opportunities.
- 09/21/2021
|
Ally Financial (ALLY) Outpaces Stock Market Gains: What You Should Know
- Ally Financial (ALLY) closed the most recent trading day at $52.47, moving +1.41% from the previous trading session.
- 09/15/2021
|
Ally Financial announces redemption of trust preferred securities and junior debentures
- DETROIT, Sept. 15, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that GMAC Capital Trust I, a subsidiary trust of Ally (the "Trust"), is redeeming (i) 7,650,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (CUSIP No.
- 09/15/2021
|
Hippo Is Ready to Recover From a Chaotic Start
- HIPO stock's tumultuous listing saw investors head for the exits before it even took off. But Hippo still has the chance to make a comeback.
- 09/14/2021
|
Top Ranked Value Stocks to Buy for September 14th
- ALLY, OLN, HZO, and RM made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 14, 2021
- 09/14/2021
|
Ally Financial increases minimum hourly wage by 18% to $20
- CHARLOTTE, N.C., Sept. 9, 2021 /PRNewswire/ -- Continuing the trend of recognizing and valuing all employees, Ally Financial Inc. (NYSE: ALLY) today announced that it will increase its minimum hourly wage to $20 from $17, effective Sept.
- 09/09/2021
|
Is Ally Financial (ALLY) Outperforming Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 09/08/2021
|
Is Ally Financial (ALLY) a Great Value Stock Right Now?
- 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.
- 09/06/2021
|
Boost Your Portfolio With These Top 3 Consumer Loan Stocks
- ALLY, WRLD and CACC seem tailor-made for the investment portfolio at a time when the consumer loan industry is reaping the fruits of economic recovery and the consumer turnaround in the market.
- 09/03/2021
|
Insider Of Ally Financial Makes $154.07 Thousand Sell
- Douglas Timmerman, President of Auto Finance at Ally Financial (NYSE:ALLY), made a large insider sell on September 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Timmerman sold 2,917 shares of Ally Financial at a price of $52.82 per share.
- 09/02/2021
|
President Of Ally Bank Makes $217.88 Thousand Sell
- Diane Morais, President of Ally Bank at Ally Financial (NYSE:ALLY), made a large insider sell on September 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Morais sold 4,125 shares of Ally Financial at a price of $52.82 per share.
- 09/02/2021
|
Top Ranked Value Stocks to Buy for September 1st
- CCS, SALM, ALLY, and HVT made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 1, 2021.
- 09/01/2021
|
Ally Financial (ALLY) Gains As Market Dips: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $52.90, marking a +1.93% move from the previous day.
- 08/31/2021
|
Top Ranked Value Stocks to Buy for August 30th
- TUP, JFIN, ALLY, and RS made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 30, 2021.
- 08/30/2021
|
Ally Financial (ALLY) Ratings Upgraded by Moody's, Outlook Stable
- Ally Financial's (ALLY) ratings upgrade by Moody's reflects its robust liquidity, funding and capital positions as well as improving asset quality.
- 08/30/2021
|
Ally Financial to present at the 19th Annual Barclays Global Financial Services Virtual Conference
- CHARLOTTE, N.C., Aug. 25, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Jenn LaClair, will present at the 19th Annual Barclays Global Financial Services Virtual Conference on Monday, Sept.
- 08/25/2021
|
Ally Financial (ALLY) Gains But Lags Market: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $51.55, marking a +0.57% move from the previous day.
- 08/23/2021
|
Has Ally Financial (ALLY) Outpaced Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 08/23/2021
|
Ally survey: Nearly half of adults aren't effectively talking about finances with their partners
- CHARLOTTE, N.C., Aug. 23, 2021 /PRNewswire/ -- Results from a new survey by Ally Bank , indicate couples who have the "money talk" report feeling happier and more confident.
- 08/23/2021
|
Ally Financial (ALLY) Down 0.4% Since Last Earnings Report: Can It Rebound?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 08/19/2021
|
Don't Wait for a Market Crash to Buy This Value Stock
- Ally Financial had a record quarter and is still a good buy right now.
- 08/19/2021
|
Ally celebrates Black Business Month by investing $30 million in Black founders, businesses and communities
- CHARLOTTE, N.C., Aug. 18, 2021 /PRNewswire/ -- On average, Black business founders start with approximately $72,000 less in capital compared to their white counterparts, according to a 2020 McKinsey report 1.
- 08/18/2021
|
Ally Financial (ALLY) Partners With Home Insurance Provider Hippo
- Ally Financial (ALLY) agrees to back the home insurance policies provided by Hippo.
- 08/13/2021
|
Ally Financial To Offer Home Insurance Through Hippo
- Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will underwrite the policies, while the Ally will put up the money to back them — to the tune of $500 million in the beginning.
- 08/11/2021
|
Hippo Establishes Relationship With Ally Financial Subsidiary, Doubles Underwriting Capacity
- PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo establishes relationship with Ally Financial subsidiary, doubles underwriting capacity
- 08/11/2021
|
Ally Financial to offer home insurance with Hippo partnership
- U.S. online bank Ally Financial has agreed to a partnership with home insurance provider Hippo Holdings Inc that will allow it to offer home insurance policies for the first time, the companies told Reuters.
- 08/11/2021
|
Top Ranked Value Stocks to Buy for August 10th
- DOW, ALLY, FBIZ, and TCFC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 10, 2021.
- 08/10/2021
|
Is Ally Financial (ALLY) Stock Outpacing Its Finance Peers This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 08/05/2021
|
Fintropolis uses Minecraft to teach middle schoolers about money
- CHARLOTTE, N.C., Aug. 2, 2021 /PRNewswire/ -- In the summer of 2019, Ally Financial Inc. (NYSE: ALLY) gave four interns from historically black colleges and universities (HBCUs) a challenge: devise a way to teach middle school kids about money so they can be prepared to lead financially healthy lives.
- 08/02/2021
|
Is Ally Financial (ALLY) Stock Undervalued Right Now?
- 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.
- 07/29/2021
|
Ally Financial to present at the 4th Annual Credit Suisse FinTech Conference
- CHARLOTTE, N.C., July 29, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that Ally Invest President, Lule Demmissie, will present at the 4th Annual Credit Suisse FinTech Conference on Thursday, Aug.12, 2021 from approximately 8:50 - 9:30 a.m.
- 07/29/2021
|
Ally Financial Stock Has Gained 44% YTD, What To Expect?
- According to the Trefis Machine Learning Engine, which identifies trends in a company's stock price data for the last ten years, returns for ALLY stock average close to 1.7% in the next one-month (21 trading days) period after experiencing a 1% rise over the last one week (five trading days) period.
- 07/29/2021
|
Ally Home launches RefiNow™ to provide greater access to mortgage refinance options for homeowners
- CHARLOTTE, N.C., July 27, 2021 /PRNewswire/ -- Ally Home, the residential mortgage lending arm of Ally Bank, today announced the launch of RefiNow, a home financing option to better serve borrowers who struggle to qualify for other refinancing options.
- 07/27/2021
|
2 Overlooked Bank Stocks That Just Crushed Earnings
- Bank stocks have had a strong year so far, and Q2 results suggest they aren't about to slow down.
- 07/27/2021
|
ALLY Stock: $63 Target From Citi
- The shares of Ally Financial Inc (NYSE: ALLY) have received a price target increase from $59 to $63 from Citi. These are the details.
- 07/25/2021
|
Top Ranked Value Stocks to Buy for July 23rd
- GLOP, PBR, ALLY, and DAC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2021.
- 07/23/2021
|
Top Ranked Momentum Stocks to Buy for July 23rd
- VLRS, PAG, GPI, and ALLY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 23, 2021.
- 07/23/2021
|
New Strong Buy Stocks for July 23rd
- PBR, ALLY, VOLT, GLOP, and MC have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2021.
- 07/23/2021
|
7 Upcoming Dividend Increases
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
- 07/22/2021
|
Why Ally Financial (ALLY) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 07/22/2021
|
Ally Financial Inc. (ALLY) CEO Jeff Brown on Q2 2021 Results - Earnings Call Transcript
- Ally Financial Inc. (ALLY) CEO Jeff Brown on Q2 2021 Results - Earnings Call Transcript
- 07/20/2021
|
Is Ally Financial (ALLY) Stock Outpacing Its Finance Peers This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 07/20/2021
|
Ally Financial CEO: Strong auto lending continues
- Ally Financial CEO Jeff Brown joins 'Squawk on the Street' to discuss the company's quarterly earnings and post-pandemic outlook.
- 07/20/2021
|
Ally Financial: Q2 Earnings Insights
- Shares of Ally Financial (NYSE:ALLY) moved higher by 2.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 281.97% year over year to $2.33, which beat the estimate of $1.46.
- 07/20/2021
|
Ally Financial reports second quarter 2021 financial results
- CHARLOTTE, N.C., July 20, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2021 financial results.
- 07/20/2021
|
Earnings Preview: Ally Financial
- On Tuesday, July 20, Ally Financial (NYSE:ALLY) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
- 07/19/2021
|
Is a Beat in Store for Ally Financial (ALLY) in Q2 Earnings?
- Ally Financial (ALLY) is expected to have recorded a decline in fee revenues in the second quarter of 2021.
- 07/19/2021
|
Dividend Challenger Highlights: Week Of July 18
- Dividend Challenger Highlights: Week Of July 18
- 07/17/2021
|
Why Earnings Season Could Be Great for Ally Financial (ALLY)
- Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/16/2021
|
7 A-Rated Retirement Stocks to Buy to for Your Golden Years
- When bull markets get extended you see a lot of people focus on trading stocks. Now's the time to pick great retirement stocks at bargains.
- 07/16/2021
|
5 Large-Cap Stocks to Buy Ahead of Their Q2 Earnings Next Week
- The five large-cap companies discussed herein are slated to release second-quarter earnings results next week. These are: DOW, TXN, WSO, GGG and ALLY.
- 07/16/2021
|
What To Expect From Ally Financial's Q2 Earnings
- It has the biggest auto loan book in America, but with demand for cars potentially cooling, the company should shift focus to the red-hot housing market.
- 07/15/2021
|
Ally declares dividends on Series B and Series C preferred stock
- CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has declared quarterly dividend payments for the company's Series B and Series C preferred stock securities.
- 07/13/2021
|
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
- Ally Financial (ALLY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/13/2021
|
Ally announces 25% increase to 2021 share repurchase authorization and 32% increase to common dividend
- CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that its board of directors has authorized the company to repurchase up to $2.0 billion of the company's common stock for 2021.
- 07/13/2021
|
3 Top Financial Stock Trades for the Week
- Financials are stepping up to the earnings plate, making them the obvious choice for this week's top stock trades. Here are three favorites.
- 07/13/2021
|
Ally Financial: Superb Position But Is It Enough
- Ally Financial has done remarkable work at balancing its business, cutting costs and moving its operations to become fully digital in a market that rewards potential growth. Even so, some risks remain as auto financing was hit hard by the pandemic and some regions see lower than expected mortgage growth. Ally Financial has done remarkable work at balancing its business, cutting costs and moving its operations to become fully digital in a market that rewards potential growth.
- 07/02/2021
|
Is Ally Financial (ALLY) Stock Outpacing Its Finance Peers This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 07/01/2021
|
Dividend Stock Watch List: Lanny's July 2021 Edition
- Pfizer hasn't had their price move really this year.
- 06/30/2021
|
Ally Financial (ALLY): Strong Industry, Solid Earnings Estimate Revisions
- Ally Financial (ALLY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/29/2021
|
Habitat, Ally and City of Charlotte launch nonprofit's largest housing development to date at historic Plato Price School site
- CHARLOTTE, N.C., June 23, 2021 /PRNewswire/ -- Habitat for Humanity of the Charlotte Region, the Ally Charitable Foundation, and the City of Charlotte are teaming up to launch Habitat Charlotte Region's largest housing development project to date: a 40-home development in The Meadows at Plato Price.
- 06/23/2021
|
Which Large U.S. Bank Stands to Lose the Most if Bank Overdraft Fees Go Away?
- In recent weeks, overdraft fees have been under scrutiny and analysts believe banks are going to face more pressure going forward.
- 06/16/2021
|
Pay-over-time solutions from Ally Lending now help alleviate the 'cost conversation' at Ideal Image
- CHARLOTTE, N.C., June 15, 2021 /PRNewswire/ -- Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), continues to build on its legacy in the consumer healthcare lending market – serving more than 150 Ideal Image points of care across the U.S. During the past five years, the number of applications submitted by Ideal Image clients to Ally Lending grew thirteenfold.
- 06/15/2021
|
Ally Financial schedules release of second quarter 2021 financial results
- CHARLOTTE, N.C., June 15, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter 2021 financial results for Tuesday, July 20, 2021.
- 06/15/2021
|
Buy This Undervalued Stock Before Everyone Else Does
- This stock has more than doubled over the past year, but it's still trading at a cheap valuation.
- 06/10/2021
|
University Growth Fund expands to Atlanta, opening pathways for Black and Brown students in venture capital
- ATLANTA, June 8, 2021 /PRNewswire/ -- University Growth Fund (UGF), the largest student-run equity fund in the country, provides unique access to the highly-competitive and lucrative career track of venture capital through hands-on experience. Now, with support from Ally Financial, UGF has expanded its operations to Atlanta—home to 26,000 college and university students of color—to ensure more Black and Brown students have access to this underrepresented field.
- 06/08/2021
|
How Much More Can Ally Financial Grow?
- The largest auto lender in America just got a big vote of confidence from another investment bank.
- 06/05/2021
|
Howard Marks' Oaktree Leans Into Oaktree Special Lending Position
- Howard Marks (Trades, Portfolio)' Oaktree Capital Management has revealed a large addition to its position in Oaktree Special Lending Corp. ( OCSL , Financial) according to GuruFocus' Real-Time Picks, a Premium feature.
- 06/04/2021
|
Ally Financial (ALLY) Dips More Than Broader Markets: What You Should Know
- Ally Financial (ALLY) closed the most recent trading day at $55.14, moving -0.93% from the previous trading session.
- 06/03/2021
|
Ally Bank Eliminates Overdraft Fees: Will Other Banks Follow?
- Ally Financial (ALLY) removes overdraft fees. Will other banks like JPMorgan (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC), Regions Financial (RF) & Huntington Bancshares (HBAN) follow suit?
- 06/03/2021
|
This Bank Is Eliminating Overdraft Fees
- Pressure has been building on the use of overdraft fees because they tend to largely impact "financially vulnerable" customers.
- 06/02/2021
|
Ally Bank eliminates overdraft fees
- Ally Bank announced Wednesday that it is eliminating overdraft fees — a key source of revenue for banks but a burdensome charge for customers.
- 06/02/2021
|
Ally Financial announces partial redemption of trust preferred securities and junior debentures
- DETROIT, June 2, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that GMAC Capital Trust I, a subsidiary trust of Ally (the "Trust"), is redeeming (i) 41,600,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (CUSIP No. 361860208) (the "TRUPS") (constituting approximately 84.467% of the outstanding TRUPS) at a par price of $25.00 per unit, plus accrued interest payable from May 17, 2021, through the redemption date (which will be based on an annual rate equal to three-month LIBOR, determined as of May 13, 2021, or 0.15588%, plus 5.785%), and (ii) 1,248,000 units of its 8.125% Fixed Rate/Floating Rate Common Securities, Series 2 (the "Common Securities") (constituting approximately 84.467% of the outstanding Common Securities) at a par price of $25.00 per unit, plus all accrued and unpaid distributions thereon through the redemption date.
- 06/02/2021
|
Ally Bank eliminates all overdraft fees, ending centuries-old industry practice and lifting consumer burden
- CHARLOTTE, N.C., June 2, 2021 /PRNewswire/ -- Ally Bank, the largest digital bank in the U.S. and a division of Ally Financial Inc. (NYSE: ALLY), eliminated overdraft fees on all accounts today.
- 06/02/2021
|
Ally survey: Pet perks play pivotal role in home purchase decisions
- CHARLOTTE, N.C., June 1, 2021 /PRNewswire/ -- Results from a new survey suggest that home buying is going to the cats and dogs – at least as it relates to purchase and organization decisions.
- 06/01/2021
|
These 3 Banks Are Buying Back Stock. Should They?
- The management teams for these three banks think their stock is a buy.
- 05/30/2021
|
How Ally Financial (ALLY) Stock Stands Out in a Strong Industry
- Ally Financial (ALLY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 05/28/2021
|
My Best Pandemic Investments Were Forgotten Value Stocks
- You didn't need to buy pricey growth stocks to beat the market last year.
- 05/28/2021
|
Ally Financial to present at the Morgan Stanley Virtual Financials, Payments & CRE Conference
- CHARLOTTE, N.C., May 26, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Auto Finance President, Doug Timmerman, will present at the Morgan Stanley Virtual Financials, Payments & CRE Conference on Wednesday, June 16, 2021 from approximately 10:15 - 10:50 a.m.
- 05/26/2021
|
Is Ally Financial (ALLY) a Good Value Investor Stock Now?
- Let's see if Ally Financial (ALLY) stock is a good choice for value-oriented investors right now from multiple angles.
- 05/25/2021
|
Ally Financial (ALLY) Gains But Lags Market: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $53.51, marking a +0.72% move from the previous day.
- 05/24/2021
|
Has Ally Financial (ALLY) Outpaced Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 05/24/2021
|
Why Ally Financial Is a Buy Even If the Markets Sell Off
- With volatility creeping into the markets, a fast-growing bank might be a good place to invest.
- 05/24/2021
|
Ally and NASCAR's Alex Bowman reveal paint scheme to honor fallen Marine and aid veteran mental health
- CHARLOTTE, N.C., May 20, 2021 /PRNewswire/ -- Ally Financial and Alex Bowman, driver of the Ally-sponsored No.
- 05/20/2021
|
A Look Back at the Holdings of Top-Performing Fund Punch Card Capital
- Towards the end of last year, I wrote an article on Norbert Lou, the founder and portfolio manager of Punch Card Management. Lou is an incredibly successful investor, but he rarely gives interviews.
- 05/20/2021
|
Sezzle Launches Long Term Financing with Ally
- MINNEAPOLIS, May 19, 2021 /PRNewswire/ -- Sezzle Inc. (ASX: SZL) (Sezzle or Company) // - Sezzle , the highest-rated, purpose-driven Buy Now, Pay Later (BNPL) solution, is pleased to announce the launch of its long-term financing options with Ally Lending , the personal lending arm of Ally Bank, the banking subsidiary of Ally Financial (NYSE: ALLY). Sezzle expands its "Buy Now Pay Later" product offerings with POS installment financing for eCommerce This financing solution expands upon Sezzle's core product, offering longer loan terms for higher ticket transactions.
- 05/19/2021
|
Here Are 5 Relative Price Strength Stocks That Could Win Big
- Suncor Energy (SU), Ally Financial (ALLY), CNH Industrial (CNHI), Freeport-McMoRan (FCX) and Red Rock Resorts (RRR) are five stocks with explosive relative price strength.
- 05/12/2021
|
V&M Breakouts: Top Growth And Dividend Stocks For May 2021
- V&M Breakouts: Top Growth And Dividend Stocks For May 2021
- 05/07/2021
|
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.
- 04/30/2021
|
Ally Financial to present at the Wells Fargo Virtual Financial Services Investor Conference
- CHARLOTTE, N.C., April 30, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Jennifer LaClair will present at the Wells Fargo Virtual Financial Services Conference on Wednesday, May 19, 2021 from approximately 8:40 - 9:10 a.m.
- 04/30/2021
|
Why Shrinking Auto Inventories Are No Problem for Ally Bank
- The bank posted strong first-quarter earnings thanks to high auto demand and increasing used car values.
- 04/28/2021
|
Is Ally Financial (ALLY) Stock Outpacing Its Finance Peers This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 04/27/2021
|
Top Ranked Value Stocks to Buy for April 26th
- Top Ranked Value Stocks to Buy for April 26th
- 04/26/2021
|
5 Top Momentum Picks Screened on Driehaus Strategy
- Investors who have the propensity to take higher risks can think of investing in momentum stocks to boost their gains.
- 04/26/2021
|
Latest Ally game gives dollar bills extra superpowers
- DETROIT, April 26, 2021 /PRNewswire/ -- This National Superhero Day, Ally Financial Inc. (NYSE: ALLY) is celebrating health care workers, the real-life superheroes who have bravely helped our country through the pandemic. The recognition program is part of a new, week-long augmented reality (AR) game consumers can play on their smartphones or tablets to turn a bill of any denomination into prizes, ranging in value from $10 to a grand prize of $50,000.
- 04/26/2021
|
FinTech Ally Teams With Microsoft To Advance Quantum Computing
- The FinTech Ally is partnering with Microsoft to advance quantum computing's role in the financial services sector and explore how it can be used to solve intricate problems, according to an Ally blog post.
- 04/22/2021
|
Ally Financial Continues Its Record Earnings Streak
- The nation's biggest auto finance company posted impressive first-quarter results, prompting further upward revisions by analysts.
- 04/22/2021
|
Here's Why Momentum Investors Will Love Ally Financial (ALLY)
- Does Ally Financial (ALLY) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/22/2021
|
Ally Financial Announces Partial Redemption of Trust Preferred Securities and Junior Debentures
- DETROIT, April 22, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that GMAC Capital Trust I, a subsidiary trust of Ally (the "Trust"), is redeeming (i) 56,000,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (CUSIP No. 361860208) (the "TRUPS") (constituting approximately 53.206651% of the outstanding TRUPS) at a par price of $25.00 per unit, plus accrued interest payable from May 15, 2021, through the redemption date (which will be based on an annual rate equal to three-month LIBOR, to be determined as of May 13, 2021, plus 5.785%), and (ii) 1,680,000 units of its 8.125% Fixed Rate/Floating Rate Common Securities, Series 2 (the "Common Securities") (constituting approximately 53.206651% of the outstanding Common Securities) at a par price of $25.00 per unit, plus all accrued and unpaid distributions thereon through the redemption date.
- 04/22/2021
|
Ally Financial (ALLY) Q1 Earnings Beat, Revenues Improve Y/Y
- Ally Financial's (ALLY) Q1 results are largely driven by a rise in revenues and higher deposit balance while escalating expenses and near-zero interest rates hurt.
- 04/19/2021
|
Ally Financial's Low Relative Valuation Gives It Room To Gain
- Ally only saw one quarter of losses last fiscal year despite many banks ending the year at a loss. Credit metrics have all declined since 2019, and with the ending of customer assistance programs, no uptick has been seen.
- 04/18/2021
|
Ally Financial Posts $796 Million Q1 Net Income
- Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the same period in 2020, according to a Friday (April 16) press release. The company posted a profit of $2.11 per share, with a reduction to $2.09 adjusted for non-recurring gains.
- 04/16/2021
|
Ally Financial Inc. (ALLY) CEO Jeff Brown on Q1 2021 Results - Earnings Call Transcript
- Ally Financial Inc. (ALLY) CEO Jeff Brown on Q1 2021 Results - Earnings Call Transcript
- 04/16/2021
|
Ally Financial (ALLY) Beats Q1 Earnings and Revenue Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 77.12% and 10.10%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/16/2021
|
Ally Financial: Q1 Earnings Insights
- Shares of Ally Financial (NYSE:ALLY) moved higher by 2.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 575.00% over the past year to $2.09, which beat the estimate of $1.15.
- 04/16/2021
|
Ally Financial Reports First Quarter 2021 Financial Results
- CHARLOTTE, N.C., April 16, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2021 financial results.
- 04/16/2021
|
What's in the Cards for Ally Financial (ALLY) in Q1 Earnings?
- Solid financing revenues are expected to have supported Ally Financial's (ALLY) Q1 earnings as demand for consumer loans continues to rise.
- 04/15/2021
|
Earnings Previews: Ally, Citizens Bank, Morgan Stanley and More
- As the new earnings season marches along, several financial sector companies will be reporting.
- 04/14/2021
|
Why Investors Need to Take Advantage of the Zacks ESP Screener
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 04/14/2021
|
Is a Surprise Coming for Ally Financial (ALLY) This Earnings Season?
- Ally Financial (ALLY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/14/2021
|
5 Top-Ranked Stocks to Buy Ahead of Q1 Earnings Results
- We have narrowed down our search to five stocks slated to release first-quarter earnings results within next week. These are: ALLY, AA, CE, DOW and HAL.
- 04/14/2021
|
Ally Financial Declares Dividend on Common Stock
- DETROIT, April 13, 2021 /PRNewswire/ -- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.19 per share of the company's common stock, payable on May 14, 2021 to stockholders of record on April 30, 2021. About Ally Financial Inc. Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $182.2 billion in assets as of December 31, 2020.
- 04/13/2021
|
Top Ranked Income Stocks to Buy for April 13th
- Top Ranked Income Stocks to Buy for April 13th
- 04/13/2021
|
What Makes Ally Financial (ALLY) a New Strong Buy Stock
- Ally Financial (ALLY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 04/13/2021
|
Top Earnings Charts to Kick-Off Q1 Earnings Season
- These 5 companies will shine a light on what the global economic recovery will look like in 2021.
- 04/12/2021
|
7 Bank Stocks to Watch as Q1 Earnings Kick Off
- April marks the beginning of earnings season, and banks have many reasons for optimism. Here are seven bank stocks that have potential upside.
- 04/12/2021
|
Rev Your Engines: Why BofA Reinstates Ally, Santander At Buy
- While the shares of both Ally Financial Inc (NYSE: ALLY) and Santander Consumer USA Holdings Inc (NYSE: SC) are “at the high end of their respective trading ranges,” auto lenders are expected to face a positive economic and operating environment, which should drive earnings estimates higher and support multiple expansion, according to BofA Securities. The Auto Finance Analyst: Brandon Berman reinstated coverage of both Ally Financial and Santander Consumer USA with Buy ratings and price targets of $64 and $36, respectively.
- 04/12/2021
|
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
- Ally Financial (ALLY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/09/2021
|
Oakmark's Bill Nygren Discusses Where He Sees Value Currently
- Oakmark Funds' Bill Nygren (Trades, Portfolio) discussed some of his top picks with CNBC's senior markets commentator Michael Santoli in an exclusive interview on Wednesday.
- 04/09/2021
|
Why It's Time to Buy Ally Financial
- As households emerge from the pandemic with stimulus-padded balance sheets, lenders stand to do record business
- 04/06/2021
|
Ally kicks off Financial Literacy Month with IRL experiences to make lessons stick
- CHARLOTTE, N.C., April 5, 2021 /PRNewswire/ -- In an effort to put the "lit" in Financial Literacy Month this April, Ally Financial Inc. (NYSE: ALLY) will lean further into its innovative approach to financial education by introducing several interactive programs that make learning about money fun, engaging and, above all, impactful.
- 04/05/2021
|
Is Ally Financial (ALLY) Stock Outpacing Its Finance Peers This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 03/31/2021
|
These 3 Stocks Would Have Doubled Your Money Last Year
- All three had a gangbuster year and still have plenty of room to grow.
- 03/30/2021
|
Ally Financial (ALLY): Strong Industry, Solid Earnings Estimate Revisions
- Ally Financial (ALLY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/22/2021
|
5 Top Value Stocks to Boost Your Portfolio Returns Right Away
- Rise in bond yields lessened the allure of growth stocks, whereas renewed economic strength made value stocks enticing. Hence, it is wise to invest in some value plays like Hillenbrand (HI) & ABM Industries (ABM).
- 03/19/2021
|
Ally Financial schedules release of first quarter 2021 financial results
- CHARLOTTE, N.C., March 17, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter 2021 financial results for Friday, April 16, 2021.
- 03/17/2021
|
Is Ally Financial (ALLY) Outperforming Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 03/15/2021
|
Is Ally Financial a Buy?
- The digital-financial services company will look to bounce back strong in 2021.
- 03/14/2021
|
4 Reasons to Add Ally Financial (ALLY) Stock to Your Portfolio
- Driven by strong fundamentals and good growth prospects, Ally Financial (ALLY) stock seems to be an attractive investment option now.
- 03/12/2021
|
Ally Financial (ALLY) Stock Moves -0.3%: What You Should Know
- Ally Financial (ALLY) closed at $43.85 in the latest trading session, marking a -0.3% move from the prior day.
- 03/08/2021
|
Ally, NASCAR's Alex Bowman and Best Friends Animal Society team up to help local shelters
- CHARLOTTE, N.C., March 4, 2021 /PRNewswire/ -- Ally Financial, Alex Bowman, driver of the Ally-sponsored No. 48 Chevrolet Camaro ZL1 1LE of Hendrick Motorsports, and Best Friends Animal Society are teaming up to improve animal welfare across the U.S. Ally will donate $33,000 to Best...
- 03/04/2021
|
Ally Financial (ALLY) Gains As Market Dips: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $43.49, marking a +1.35% move from the previous day.
- 03/02/2021
|
Americans rethink 'How close is too close when it comes to living near family?' in new Ally Home survey
- CHARLOTTE, N.C., March 2, 2021 /PRNewswire/ -- Most U.S. adults say they are reconsidering the benefits of living closer to family in light of COVID-19, according to a recent survey from Ally Home, the direct-to-consumer mortgage arm of Ally Bank. The results of a January 2021 survey of...
- 03/02/2021
|
Is Ally Financial (ALLY) Outperforming Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 02/25/2021
|
Ally Financial (ALLY) Stock Sinks As Market Gains: What You Should Know
- Ally Financial (ALLY) closed at $42.29 in the latest trading session, marking a -0.8% move from the prior day.
- 02/23/2021
|
Ally Financial (ALLY) Up 7.2% Since Last Earnings Report: Can It Continue?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 02/21/2021
|
3 Top Stock Trades for the Week
- The S&P 500 continues to power higher making finding top stock trades easy. Here are three of the best trade ideas for the new week.
- 02/16/2021
|
Ally Financial (ALLY) Upgraded to Strong Buy: Here's Why
- Ally Financial (ALLY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 02/10/2021
|
Ally Financial's (ALLY) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Ally Financial (ALLY).
- 02/08/2021
|
Top 5 Stocks to Buy From a Rebounding Consumer Loan Industry
- Top 5 Stocks to Buy From a Rebounding Consumer Loan Industry
- 02/05/2021
|
Dividend Stock Watch List: Lanny's February 2021 Edition
- It's hard imagining an economy without the interjection from the Fed and how much the economy here is relying on them. I currently own 21 shares and wouldn't mind to have a nice, round, 50 shares of Verizon.
- 02/04/2021
|
Top 6 Momentum Stocks for February Despite Recent Turmoil
- We have narrowed down our search to six momentum stocks as the northbound journey of Wall Street is likely to resume soon. These are: AAPL, F, ALLY, CFG, COF and MTB.
- 02/01/2021
|
Dividend Champions For February 2021
- Monthly update of the Dividend Champions List. 77 companies declared higher dividends in the past month, with an average increase of 7.87% over their previous payouts. Two new Champions, nine new Contenders, and seven new Challengers.
- 02/01/2021
|
3 Top VGM Buys
- 3 Top VGM Buys
- 01/29/2021
|
Has Ally Financial (ALLY) Outpaced Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 01/29/2021
|
Ally Financial Is Too Cheap At 8.5x Earnings And 1x Tangible Book Value
- ALLY is conservatively reserved for credit losses and with stimulus, strong used car prices, and reopening, I expect reserve releases in 2021. ALLY trades at only 8.5x 2021 earnings and right around tangible book value, despite having a clear line of sight for double-digit ROTCE generation.
- 01/29/2021
|
Top Ranked Momentum Stocks to Buy for January 26th
- Top Ranked Momentum Stocks to Buy for January 26th
- 01/26/2021
|
Ally Financial Reports Strong Earnings as Auto Loans Perform Well
- Credit performance for the bank holding company is surprisingly good.
- 01/26/2021
|
Ally Financial (ALLY) Stock Up on Q4 Earnings & Revenue Beat
- Decline in provisions and rise in revenues support Ally Financial's (ALLY) Q4 earnings.
- 01/25/2021
|
Today's Stock Market News & Events: 1/24/2021
- The first month of 2021 is set to end with a packed schedule, full of economic data and loads of earnings reports.
- 01/25/2021
|
Ally Financial Inc (ALLY) CEO Jeff Brown on Q4 2020 Results - Earnings Call Transcript
- Ally Financial Inc (ALLY) CEO Jeff Brown on Q4 2020 Results - Earnings Call Transcript
- 01/22/2021
|
Regional Banks Post Mixed Earnings Results
- Regional Banks Post Mixed Earnings Results.
- 01/22/2021
|
Q4 Earnings Come to Regional Banks: ALLY, HBAN & More
- Most of the Big Banks have already posted for Q4; this morning we see a large share of Regional Banks reporting quarterly earnings.
- 01/22/2021
|
Ally Financial: Q4 Earnings Insights
- Shares of Ally Financial (NYSE:ALLY) moved higher by 2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 68.42% year over year to $1.60, which beat the estimate of $1.05.
- 01/22/2021
|
Ally Financial Reports Fourth Quarter and Full Year 2020 Financial Results
- CHARLOTTE, N.C., Jan. 22, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its fourth quarter and full year 2020 financial results. View the full press release in PDF. The news release, presentation and financial supplement also can be accessed in the following ways:...
- 01/22/2021
|
Today's Stock Market News & Events: 1/22/2021
- Today's economic report calendar features the Markit manufacturing Purchasing Manager's Index (PMI), as well as Markit services PMI and existing home sales.
- 01/22/2021
|
What's in Store for Ally Financial (ALLY) in Q4 Earnings?
- Ally Financial (ALLY) is expected to have recorded higher revenues in the fourth quarter of 2020.
- 01/21/2021
|
Wall Street Is Bullish on Bank Stocks
- While bank stocks can hardly be said to have had a bad year in 2020, they did lag much of the rest of the market. However, they ended the year strong thanks in no small part to the Federal Reserve.
- 01/18/2021
|
Ally Financial (ALLY) Reports Next Week: Wall Street Expects Earnings Growth
- Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/15/2021
|
What Makes Ally Financial (ALLY) a Strong Momentum Stock: Buy Now?
- Does Ally Financial (ALLY) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/14/2021
|
Red-Hot Bank Stock Scores Record High Ahead of Earnings
- Consumer lending and bank stock Ally Financial Inc. (NYSE:ALLY) is fresh off a Jan. 13 record high of $41.99.
- 01/14/2021
|
Ally Financial: Another Big Boost For The Stock
- Ally Financial announced plans for a $1.6 billion share buyback in 2021 that would purchase 11% of the outstanding shares. The company has plenty of excess cash with capital ratios above 2019 levels.
- 01/13/2021
|
Ally Announces $1.6 Billion Stock Buyback
- The bank also declared a dividend for the first quarter.
- 01/13/2021
|
Has Ally Financial (ALLY) Outpaced Other Finance Stocks This Year?
- Is (ALLY) Outperforming Other Finance Stocks This Year?
- 01/13/2021
|
Ally Financial (ALLY) Up 7.4% on New Share Repurchase Plan
- The announcement of new share repurchase program reflects Ally Financial's (ALLY) solid balance sheet and liquidity position, and will enhance shareholder value.
- 01/13/2021
|
1 Cheap Stock to Buy in 2021
- In a banking industry that's poised for a turnaround, Ally Financial could enjoy extra tailwinds this year.
- 01/12/2021
|
5 Top Value Stocks to Buy Now
- Value investing will eventually make a comeback. Ride the wave with these beaten-down stocks.
- 01/08/2021
|
Top 7 Dividend Stocks For Young Investors In 2021
- Top 7 Dividend Stocks For Young Investors In 2021
- 01/03/2021
|
ALLY Stock Price: $41 Target By RBC
- The stock price of Ally Financial Inc (NYSE: ALLY) has received a price target of $41 by RBC Capital. These are the details.
- 12/27/2020
|
Ally Financial schedules release of fourth quarter and full year financial results
- CHARLOTTE, N.C., Dec. 18, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its fourth quarter and full year financial results for Friday, Jan. 22, 2021. The press release will be issued at 7:30 a.m. ET via PR Newswire and on the Ally Press Room website...
- 12/18/2020
|
Bill Nygren Sees Value in Ally Financial, Capital One as Vaccines Spark a Return to Normalcy
- Oakmark Fund's Bill Nygren (Trades, Portfolio) discussed his outlook for the market heading into 2021 as Pfizer's (NYSE:PFE) Covid-19 vaccine has begun being distributed in the U.S.
- 12/14/2020
|
Is Ally Financial Stock a Buy?
- Auto loans are doing well, but the company punches below its weight in mortgages.
- 12/11/2020
|
Bank stocks ‘set to fire on all cylinders,' analyst says
- Bank stocks are “set to fire on all cylinders” but not all banks will benefit equally, according to Morgan Stanley analyst Betsy Graseck. Bullish on the sector Morgan Stanley's bank analyst is more positive on the sector ahead of multiple vaccines against the coronavirus making its way to the general public, Bloomberg reported.
- 11/30/2020
|
Ally Financial to present at Goldman Sachs US Financial Services Conference
- CHARLOTTE, N.C., Nov. 18, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Executive Officer Jeffrey J. Brown will present virtually at the Goldman Sachs US Financial Services Conference on Tuesday, Dec. 8, 2020, from approximately 1-1:35 p.m. ET. A live video webcast will be...
- 11/18/2020
|
Why Is Ally Financial (ALLY) Up 7.3% Since Last Earnings Report?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock?
- 11/15/2020
|
Analyzing Ally Financial's Ex-Dividend Date
- On October 7, 2020, Ally Financial (NYSE: ALLY) announced shareholders can expect to receive a dividend payable on November 13, 2020. The stock will then go ex-dividend 1 business day(s) before the record date.
- 10/28/2020
|
Ally Lending expands relationship with Milan Laser
- CHARLOTTE, N.C., Oct. 27, 2020 /PRNewswire/ -- Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced the availability of patient financing options at all locations of Milan Laser Hair Removal, the largest laser hair removal...
- 10/27/2020
|
Was The Smart Money Right About Crowding Into Ally Financial Inc (ALLY)?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in ( Recession is Imminent: We Need A Travel Ban NOW ). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Ally Financial Inc (NYSE:ALLY).
- 10/26/2020
|
Use Further Market Weakness To Add To Credit Acceptance
- Credit Acceptance Corporation is a well run auto finance company that earns exceptional returns on capital and has compounded earnings per share at 24.1% per year since 2001.
- 08/24/2020
|
Ally Financial Inc (NYSE:ALLY) Shares Bought by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.
- Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Ally Financial Inc (NYSE:ALLY) by 12.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,470 shares of the financial services provider’s stock after buying an additional 7,465 […]
- 08/22/2020
|
Ally Financial (ALLY) Up 1% Since Last Earnings Report: Can It Continue?
- Ally Financial (ALLY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 08/16/2020
|
Gamers, start your engines: Ally Racing creates nostalgic video game for NASCAR fans
- Ally Racing is giving NASCAR fans of all ages a chance to compete behind the wheel—er, keyboard—of the No. 48 Ally race car with a new online video game.
- 08/10/2020
|
Dividend Challenger Highlights: Week Of August 9
- A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.
- 08/08/2020
|
WSJ News Exclusive | Quicken Loans Parent Prices IPO at $18
- Rocket Cos., the parent of Quicken Loans, priced shares below its target range, with an offering of 100 million shares at $18 apiece. The stock is expected to start trading Thursday on the New York Stock Exchange.
- 08/06/2020
|
Zurcher Kantonalbank Zurich Cantonalbank Has $2.45 Million Holdings in Ally Financial Inc (NYSE:ALLY)
- Zurcher Kantonalbank Zurich Cantonalbank lessened its holdings in shares of Ally Financial Inc (NYSE:ALLY) by 47.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 123,607 shares of the financial services provider’s stock after selling 109,470 shares during the period. Zurcher Kantonalbank Zurich […]
- 08/04/2020
|
Gator Capital Management 2Q 2020 Investor Letter
- At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises.
- 07/31/2020
|
Cross-Sector: Market Data Highlights
|
'Make Or Break': Stock Market Update For The Week Ahead
- What Happened: Stocks closed the week lower on an escalation of U.S. and China tensions, mixed reactions to earnings results, and delays in stimulus talks....
- 07/26/2020
|
'Make Or Break': Stock Market Update For The Week Ahead
- The Last Week, In A Nutshell
What Happened: Stocks closed the week lower on an escalation of U.S. and China tensions, mixed reactions to earnings results, and delays in stimulus...
- 07/26/2020
|
Dividend Challenger Highlights: Week Of July 26
- A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.
- 07/25/2020
|
Companies Nod to Racial Injustice in Latest Earnings Calls
- (Bloomberg) -- The push to end racial injustice is spreading from the street to the boardroom, with many leaders of U.S. public companies using second-quarter earnings calls to acknowledge the persistence of systemic racism and to vow to make their own organizations more inclusive.Larry Fink, chief executive officer of BlackRock Inc., the world’s largest asset manager, said on the company’s earnings call that it is “making a long-term commitment to build a more inclusive, a more diverse firm.” Ally Financial Inc. CEO Jeffrey Brown said on his company’s call that “systemic racism has prevailed for far too long” and that Ally would promote diversity from the top down.Corporate calls for racial diversity are not new, and past commitments have often led to little change. But with the killing of George Floyd by Minneapolis police in May sparking global Black Lives Matter protests, some business leaders have taken action. For instance, Reddit co-founder Alexis Ohanian resigned from the board of the forum-style media company and suggested a Black candidate take his place.The stakes are also becoming clear this year. Black Americans called on members of their communities to not shop, or to buy only from Black-owned businesses, on July 7 in a demonstration of economic power dubbed Blackout Day. Global protests under the “Black Lives Matter” banner followed the killing of George Floyd by Minneapolis police in May.A Bloomberg analysis found that in addition to BlackRock and Ally Financial, companies mentioning social inequality in their second-quarter calls included Chipotle Mexican Grill Inc., Software AG, Mercantile Bank Corp. and JB Hunt Transport Services Inc. Four other companies—Evercore Inc., Flushing Financial Corp, American Campus Communities Inc. and AAR Corp.—reference the death of Floyd and the events that followed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/23/2020
|
Earnings Beat: Ally Financial Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
- Ally Financial Inc. (NYSE:ALLY) just released its latest second-quarter results and things are looking bullish. It was...
- 07/22/2020
|
Ally Financial: Clearing House
- Ally Financial reported solid Q2 results despite the weak economy. The stock trades at only 0.6x TBV.
- 07/21/2020
|
Ally Financial: Discount To Tangible Book Value And Robust Earnings Power Make It A Compelling Buy
- ALLY should be able to earn an ROTCE in excess of 12% in 2021, and I expect the company to remain profitable in 2020.
- 07/21/2020
|
Ally Financial (ALLY) Stock Down 5% Despite Q2 Earnings Beat
- Increase in revenues as well as deposit balance boost Ally Financial's (ALLY) Q2 results.
- 07/20/2020
|
Return On Capital Employed Overview: Ally Financial
- During Q2, Ally Financial (NYSE: ALLY) brought in sales totaling $1.53 billion. However, earnings decreased 107.88%, resulting in a loss of $319.00 million. In Q1, Ally Financial earned $4.05 billion and total sales reached $1.61 billion.What Is ROCE? Changes in earnings and sales indicate shifts in Ally Financial's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q2, Ally Financial posted an ROCE of -0.02%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on ALLYROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Ally Financial is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth.In Ally Financial's case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions.Q2 Earnings Ally Financial reported Q2 earnings per share at $0.61/share against analyst predictions of $0.18/share.See more from Benzinga * Recap: Ally Financial Q2 Earnings * Earnings Scheduled For July 17, 2020 * Benzinga's Top Upgrades, Downgrades For July 15, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/20/2020
|
Regions Financial: Deteriorating Loan Book Makes It A Sell
- Regions had a surprise loss on bigger-than-expected reserves, but its reserves still look light. Regions has material exposure to troubled corporate sectors and commercial real estate, yet has a lower reserve rate than large peers.
- 07/20/2020
|
IFM Investors Pty Ltd Cuts Stake in Ally Financial Inc (NYSE:ALLY)
- IFM Investors Pty Ltd lowered its position in Ally Financial Inc (NYSE:ALLY) by 33.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,970 shares of the financial services provider’s stock after selling 13,952 shares during the quarter. […]
- 07/19/2020
|
Stock Market Update For The Week Ahead: 'Cautious Attitude'
- The Last Week In A Nutshell
What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said...
- 07/19/2020
|
Ally Financial Inc (ALLY) Q2 2020 Earnings Call Transcript
- ALLY earnings call for the period ending June 30, 2020.
- 07/17/2020
|
Ally Financial Sees Mixed Bag in Second-Quarter Earnings
- Ally Financial (NYSE: ALLY) posted a 58% decline in second-quarter earnings as net income fell to $241 million, down from $582 million in the second quarter of 2019. Ally's adjusted earnings per share of $0.61 beat analysts' estimates, but were down 37% from $0.97 in Q2 2019. "Our resilient and adaptable auto finance business saw meaningful improvement toward the end of the quarter, delivering $7.2 billion of consumer originations, and maintaining estimated retail auto originated yields above 7% for the ninth consecutive quarter, a tremendous accomplishment given the low interest rate environment," Ally CEO Jeffrey Brown said.
- 07/17/2020
|
Ally Financial Inc. (ALLY) CEO Jeff Brown on Q2 2020 Results - Earnings Call Transcript
- Ally Financial Inc. (NYSE:ALLY) Q2 2020 Earnings Conference Call July 17, 2020 09:00 ET Company Participants Daniel Eller - Investor Relations Jeff Brown - Chief Executive Officer Jen LaClair - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Betsy Graseck - Morgan Stanley Moshe Orenbuch - Credit Suisse Rob Wildhack - Autonomous Research Rick Shane - JPMorgan Eric Wasserstrom - UBS Arren Cyganovich - Citi John Hecht - Jefferies Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to the Ally Financial Second Quarter 2020 Earnings Conference Call.
- 07/17/2020
|
Ally Financial (ALLY) Surpasses Q2 Earnings and Revenue Estimates
- Ally Financial (ALLY) delivered earnings and revenue surprises of 238.89% and 10.71%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/17/2020
|
Recap: Ally Financial Q2 Earnings
- Shares of Ally Financial (NYSE:ALLY) moved higher by 5% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 37.11% over the past year to $0.61, which beat the estimate of $0.18.Revenue of $1,528,000,000 declined by 1.55% year over year, which beat the estimate of $1,500,000,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Ally Financial hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Jul 17, 2020View more earnings on ALLYTime: 09:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/ue8i6nhnTechnicals 52-week high: $35.42Company's 52-week low was at $10.22Price action over last quarter: Up 58.74%Company Profile Ally Financial Inc is a diversified financial services firm that services automotive dealers and their retail customers. The company operates as a financial holding company and a bank holding company. Its banking subsidiary, Ally Bank, caters to the direct banking market through Internet, mobile, and mail. The company reports four business segments including Automotive Finance operations, Insurance operations, Mortgage Finance operations and Corporate Finance operations.See more from Benzinga * Earnings Scheduled For July 17, 2020 * Benzinga's Top Upgrades, Downgrades For July 15, 2020 * Price Over Earnings Overview: Ally Financial(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/17/2020
|
Ally Financial Reports Second Quarter 2020 Financial Results
- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2020 financial results. View the full press release in PDF.
- 07/17/2020
|
Earnings Scheduled For July 17, 2020
- Companies Reporting Before The Bell • Ally Financial Inc. (NYSE:ALLY) is estimated to report quarterly earnings at $0.18 per share on revenue of $1.50 billion.• State Street Inc. (NYSE:STT) is estimated to report quarterly earnings at $1.61 per share on revenue of $2.87 billion.• BlackRock Inc. (NYSE:BLK) is estimated to report quarterly earnings at $6.68 per share on revenue of $3.46 billion.• First Horizon National Inc. (NYSE:FHN) is estimated to report quarterly earnings at $0.14 per share on revenue of $487.82 million.View more earnings on ALLY• Kansas City Southern Inc. (NYSE:KSU) is estimated to report quarterly earnings at $1.15 per share on revenue of $564.22 million.• Telefonaktiebolaget L M Inc. (NASDAQ:ERIC) is estimated to report quarterly earnings at $0.07 per share on revenue of $5.56 billion. • Regions Financial Inc. (NYSE:RF) is estimated to report earnings for its second quarter.• Sensient Technologies Inc. (NYSE:SXT) is expected to report quarterly earnings at $0.68 per share on revenue of $311.79 million.• Autoliv Inc. (NYSE:ALV) is expected to report quarterly loss at $0.85 per share on revenue of $1.06 billion.See more from Benzinga * Benzinga's Top Upgrades, Downgrades For July 15, 2020 * P/E Ratio Insights for State Street * Benzinga's Top Upgrades, Downgrades For July 10, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/17/2020
|
Ally Financial Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Ally Financial Inc. in conjunction with their 2020 Q2 earnings call..
- 07/17/2020
|
Ally Financial Declares Dividend on Common Stock
- The board of directors of Ally Financial Inc. (NYSE: ALLY) declared a quarterly cash dividend of $0.19 per share of the company's common stock, payable on August 14, 2020 to stockholders of record on July 31, 2020.
- 07/15/2020
|
American Express downgraded at J.P. Morgan, as outlook on consumer finance deteriorates
- J.P. Morgan analyst Richard Shane turned bearish on American Express Co. undefined, as he believes the credit card and travel-services company will be...
- 07/15/2020
|
American Express downgraded at J.P. Morgan, as outlook on consumer finance deteriorates
- J.P. Morgan analyst Richard Shane turned bearish on American Express Co. , as he believes the credit card and travel-services company will be weighed down the deterioration in the outlook for consumer finance. Shane cut his rating to underweight from neutral, while trimming his stock price target to $97 from $100. Shane said he previously focused on the severity of job losses in gauging the outlook for consumer finance, and the losses appear to be better than feared. Shane said, however, that the outlook may be more about the duration of the downturn, as the "passage of time" acts as a multiplier that compounds the downturn. "With [COVID-19] case rates still spiking in the three most populous states, it appears the pandemic impact on spending and credit is now likely to extend deeper into 2021," Shane wrote in a note to clients. For American Express, he said high-income consumers are likely to reduce discretionary spending and leisure travel spending, and corporate travel and expense are likely to remain pressured into the first half of 2021. Shane also downgraded Santander Consumer USA Holdings Inc. to underweight and SLM Corp. and Synchrony Financial to neutral, while upgrading Ally Financial Inc. and NMI Holdings Inc. to overweight. AmEx's stock, which rose 1.5% in premarket trading, has lost 23.8% year to date through Tuesday, while the Dow Jones Industrial Average has slipped 6.6%.
- 07/15/2020
|
Ally Financial (NYSE:ALLY) Share Prices Have Dropped 37% In The Last Year
- It is a pleasure to report that the Ally Financial Inc. (NYSE:ALLY) is up 33% in the last quarter. But that doesn't...
- 07/13/2020
|
Earnings season kicks off with big banks, Netflix: What to know in the week ahead
- Market participants are bracing for the start of what will likely be the weakest corporate earnings season since the global financial crisis, as the coronavirus pandemic and measures to contain it hit business activity especially hard in the second quarter.
- 07/12/2020
|
Stocks To Watch: Bank Earnings And SPAC Deals Blaze In
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/11/2020
|
Analysts Estimate Ally Financial (ALLY) to Report a Decline in Earnings: What to Look Out for
- Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/10/2020
|
New Strong Sell Stocks for July 10th
- Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- 07/10/2020
|
Oakmark Select Fund: 2Q 2020
- We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value.
- 07/10/2020
|
Oakmark Equity And Income Fund: 2Q 2020
- We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value.
- 07/10/2020
|
Is Ally Financial a Buy?
- The online bank has taken its lumps along with the rest of the financial sector, but it has qualities that make its stand out.
- 07/09/2020
|
Implied Volatility Surging for Ally Financial (ALLY) Stock Options
- Investors need to pay close attention to Ally Financial (ALLY) stock based on the movements in the options market lately.
- 07/08/2020
|
Were Hedge Funds Right About Piling Into Ally Financial Inc (ALLY)?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
- 07/07/2020
|
Ally Financial (ALLY) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ally Financial (ALLY) closed at $19.46, marking a +0.83% move from the previous day.
- 07/02/2020
|
Is it possible to keep Ohio bars safe from coronavirus? Capitol Letter
- As new Ohio coronavirus cases reach their highest level in weeks, increasing attention has been paid to the role of bars in spreading the disease.
- 07/02/2020
|
Skandinaviska Enskilda Banken AB publ Trims Stake in Ally Financial Inc (NYSE:ALLY)
- Skandinaviska Enskilda Banken AB publ trimmed its holdings in shares of Ally Financial Inc (NYSE:ALLY) by 7.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,428 shares of the financial services provider’s stock after selling 8,700 shares during the quarter. […]
- 07/01/2020
|
Ally Financial Can Grow Substantially Higher
- Shares of Ally have been hit over 30% on fears about the economic cycle and now trade at too steep of a discount to book value. Its increased deposit funding an
- 07/01/2020
|
ALLY FINANCIAL INC. : Regulation FD Disclosure (form 8-K) | MarketScreener
|
Ally Financial Inc (NYSE:ALLY) Expected to Post Q1 2021 Earnings of ($0.08) Per Share
- Ally Financial Inc (NYSE:ALLY) – Equities researchers at Piper Sandler decreased their Q1 2021 earnings per share estimates for shares of Ally Financial in a report released on Wednesday, June 24th. Piper Sandler analyst K. Barker now forecasts that the financial services provider will post earnings of ($0.08) per share for the quarter, down from […]
- 06/30/2020
|
Wells Fargo to cut dividend; other big banks boost capital buffer
- In response to the Federal Reserve's stress tests, Wells said it will lower its third-quarter distribution to shareholders. Meanwhile, JPMorgan Chase, Goldman Sachs and five other companies announced stress test capital buffers that exceed the minimum requirement.
- 06/29/2020
|
Ally Announces Stress Capital Buffer
- Ally Financial Inc. (NYSE: ALLY) today announced that its Stress Capital Buffer (SCB) is 3.5%, as determined by the Board of Governors of the Federal Reserve System (Federal Reserve) in connection with the 2020 Comprehensive Capital Analysis and Review (CCAR).
- 06/29/2020
|
Ally Financial Schedules Release of Second Quarter Financial Results
- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter financial results for Friday, July 17, 2020. The press release will be issued at 7:30 a.m. ET via PR Newswire and on the Ally Press Room website (http://media.ally.com).
- 06/29/2020
|
Virus Upends $87 Billion of Deals in Sign of Corporate Fears - BNN Bloomberg
- Dead, delayed, renegotiated -- at least $87 billion worth of deals have been thrown into chaos this year in the midst of the world’s economic and pandemic upheaval.
- 06/29/2020
|
Without Vaccine, Bank Dividend Cuts Inevitable, Starting With Wells Fargo
- The Federal Reserve Board acknowledged on June 25 that bank capital is adequate but the Stress Test was not stressful enough. In its press release, the Fed note
- 06/29/2020
|
Verus Capital Partners LLC Acquires Shares of 2,150 Ally Financial Inc (NYSE:ALLY)
- Verus Capital Partners LLC acquired a new stake in shares of Ally Financial Inc (NYSE:ALLY) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,150 shares of the financial services provider’s stock, valued at approximately $31,000. A number of other hedge […]
- 06/28/2020
|
Ally Invest Hones In On Investing In Today's Market With Digital Conference
- Ally Financial Inc-owned (NYSE: ALLY) Ally Invest, a holistic solution to wealth accumulation and management, as part of an effort to democratize finance for the everyday investor, announced that it held its second digital conference, Wednesday, June 24, 2020.Why It Matters? In light of the financial difficulties brought on by the COVID-19 coronavirus pandemic, Ally Invest amped up its voice in the marketplace regarding what it means to invest and how to be opportunistic about investing.In easing the burden, Ally brought together experts from top institutions to provide investors with free financial education. The conference consisted of two sessions: a morning session geared towards newer investors and an afternoon session for seasoned investors."Today's investing environment can appear daunting at times, but opportunities abound for investors who understand how to navigate it," said Lindsey Bell, chief investment strategist at Ally Invest. "Our second digital conference is about empowering investors at all skill levels with the knowledge they need to take action. Whether you're new to investing or a seasoned trader, this event will offer valuable insights and practical learnings to help you achieve your financial goals."The effort is part of a larger goal to empower and engage all demographics, especially those younger, underrepresented communities that lack the access or knowledge to invest."Be it related to bringing more people of color into the investing conversation or investing in the era of COVID, we'll be touching on topics that make investing more accessible," said Ally Invest president Lule Demmissie. "At Ally, we constantly strive to create solutions for all people, consistent with our 'Do it Right' philosophy. We want to provide access and information to help everyone consider the wealth-building benefits of investing early and for the long-run."To learn more about financial wellness through Ally Invest, click here.Photo by Julia M Cameron from Pexels.See more from Benzinga * Fintech Focus For June 26, 2020 * Fintech Focus For June 25, 2020 * New Hire To Expand Savills Retail Services Offering In Detroit(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/26/2020
|
Trade of the Day for June 26, 2020: Ally Financial (ALLY)
- I’m recommending a bullish position on Ally Financial Inc. (NYSE:ALLY) this morning.
- 06/26/2020
|
20,000 Shares in Apple Inc. (NASDAQ:AAPL) Purchased by Ally Financial Inc.
- Ally Financial Inc. bought a new stake in Apple Inc. (NASDAQ:AAPL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,000 shares of the iPhone maker’s stock, valued at approximately $5,086,000. A number of other hedge funds and other institutional investors have […]
- 06/26/2020
|
Coronavirus Concerns Finally Shake Down Wall Street - Schaeffer's Investment Research
- The stock market is headed towards weekly losses as the coronavirus resurgence finally hits Wall Street
- 06/26/2020
|
Ally Stock Climbs on Canceled CardWorks Acquisition - Schaeffer's Investment Research
- Ally Financial (ALLY) is soaring on its canceled proposed acquisition of CardWorks
- 06/25/2020
|
Coronavirus update: Global case tally climbs to 9.5 million and rising cases in U.S., Brazil and others show pandemic is far from over
- The global case tally for the coronavirus illness COVID-19 climbed to 9.5 million on Thursday, a day after the U.S. recorded its highest one-day peak since...
- 06/25/2020
|
Price Over Earnings Overview: Ally Financial
- Looking into the current session, Ally Financial Inc. (NYSE: ALLY) shares are trading at $20.57, after a 12.34% increase. Moreover, over the past month, the stock spiked by 11.98%, but in the past year, decreased by 33.62%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 101.27%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Credit Services stocks, and capitalize on the lower share price observed over the year.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P; 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate P/E ratio of the 18.62 in the Credit Services industry, Ally Financial Inc. has a lower P/E ratio of 7.1. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * 5 Financial Services Stocks Moving In Thursday's Pre-Market Session * 10 Financial Services Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/25/2020
|
Ally Financial-CardWorks Merger Deal Mutually Terminated
- The coronavirus crisis-related economic uncertainties lead to mutual termination of the proposed merger deal between Ally Financial (ALLY) and CardWorks.
- 06/25/2020
|
Ally Financial, CardWorks Back Out Of $2.65B Merger Deal Due To Covid-19
- Auto lender Ally Financial Inc. (ALLY) and Cardholder Management Services, Inc. (CardWorks) announced that they have mutually agreed to pull out of their
- 06/25/2020
|
Ally Financial announces termination of proposed merger with CardWorks - FinanceFeeds
- The parties to the deal have mutually agreed to terminate their merger agreement.
- 06/25/2020
|
A Peek Into The Markets: US Stock Futures Flat Following Wednesday's Slump
- Pre-open movers
U.S. stock futures traded mostly flat in early pre-market trade, after falling sharply in the prior session. Data on initial jobless claims for the latest week,...
- 06/25/2020
|
Ally Financial Terminates $2.65 Billion Acquisition of CardWorks
- Companies blame COVID-19 turmoil and say no breakup fees to be charged as a result of 'mutual decision' to end agreement
- 06/24/2020
|
ALLY FINANCIAL INC. : Termination of a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K) | MarketScreener
|
Ally Financial, CardWorks call off merger agreement due to COVID-19 pandemic
- Shares of Ally Financial Inc. jumped 11% in extended trading Wednesday after it agreed with Cardholder Management Services Inc. (CardWorks) to call off their merger deal. Under the initial agreement, announced in February, Ally was to acquire CardWorks. Neither party will be required to pay the other a termination fee or break-up fee. "Given the unprecedented economic and market conditions resulting from the COVID-19 global pandemic, [CardWorks CEO] Don Berman and I, along with our boards of directors, believe it is in the best interests of our customers and stakeholders to terminate the agreement," Ally Chief Executive Jeffrey J. Brown said in a statement.
- 06/24/2020
|
CardWorks and Ally Financial Announce Mutual Termination of Merger Agreement
- Cardholder Management Services, Inc. ("CardWorks") and Ally Financial Inc. (NYSE: ALLY) today announced that the companies have mutually agreed to terminate their merger agreement, previously announced on February 18, 2020, under which Ally had agreed to acquire CardWorks. Neither party will be required to pay the other a termination fee or break-up fee as a result of the mutual decision to terminate the agreement. The termination was approved by the boards of directors of both companies and is in response to the fluctuating unprecedented economic and market conditions resulting from the COVID-19 global pandemic.
- 06/24/2020
|
Ally Financial Inc. Announces Mutual Agreement To Terminate Proposed Merger With CardWorks
- Ally Financial Inc. (NYSE: ALLY) and Cardholder Management Services, Inc. (CardWorks) today announced that they have mutually agreed to terminate their merger agreement, which had been announced on February 18, 2020. The board of directors for each company approved the termination after carefully considering the meaningful impacts of COVID-19 on global markets and the economy. Neither party will incur any termination or break-up fees as a result of the mutual decision to terminate the merger agreement.
- 06/24/2020
|
Ally Invest Digital Conference Puts Focus on Investing in Today's Market Environment
- Ally Invest, the online brokerage and wealth management arm of Ally Financial Inc. (NYSE: ALLY), today announced its second digital conference designed to help people of all experience levels sharpen their investing skills. The fully-online "Ally Invest Digital Conference," scheduled for Wednesday, June 24, 2020, is free to attend and will be livestreamed on Ally's YouTube Channel.
- 06/23/2020
|
Two Sigma Advisers LP Reduces Stock Holdings in Carnival Corp (NYSE:CCL)
- Two Sigma Advisers LP reduced its stake in shares of Carnival Corp (NYSE:CCL) by 81.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 604,189 shares of the company’s stock after selling 2,625,300 shares during the period. Two Sigma Advisers LP’s holdings in Carnival were worth $7,957,000 as of its most recent SEC filing. […]
- 06/23/2020
|
Two Sigma Advisers LP Raises Stock Position in Ally Financial Inc (NYSE:ALLY)
- Two Sigma Advisers LP boosted its holdings in Ally Financial Inc (NYSE:ALLY) by 68.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 631,400 shares of the financial services provider’s stock after buying an additional 257,600 shares during the period. Two Sigma Advisers LP’s holdings in Ally […]
- 06/22/2020
|
Deutsche Bank AG Has $5.88 Million Position in Ally Financial Inc (NYSE:ALLY)
- Deutsche Bank AG reduced its stake in Ally Financial Inc (NYSE:ALLY) by 29.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 407,772 shares of the financial services provider’s stock after selling 168,613 shares during the period. Deutsche Bank AG owned […]
- 06/20/2020
|
Stocks To Watch: Nike, Apple, Ford And Stressed Banks
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 06/20/2020
|
Piper Sandler Analysts Cut Earnings Estimates for Ally Financial Inc (NYSE:ALLY)
- Ally Financial Inc (NYSE:ALLY) – Investment analysts at Piper Sandler reduced their Q2 2020 earnings per share (EPS) estimates for shares of Ally Financial in a report released on Wednesday, June 17th. Piper Sandler analyst K. Barker now forecasts that the financial services provider will earn ($0.16) per share for the quarter, down from their […]
- 06/19/2020
|
Ally Financial (ALLY) Stock Sinks As Market Gains: What You Should Know
- Ally Financial (ALLY) closed the most recent trading day at $19.92, moving -0.85% from the previous trading session.
- 06/18/2020
|
The SunTrust Money Market Account
- Discover the SunTrust Signature Money Market Savings Account, and identify the type of investor who should consider this money market account.
- 06/18/2020
|
APG Asset Management N.V. Decreases Stock Position in Ally Financial Inc (NYSE:ALLY)
- APG Asset Management N.V. cut its position in Ally Financial Inc (NYSE:ALLY) by 82.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,300 shares of the financial services provider’s stock after selling 341,906 shares during the quarter. APG Asset Management N.V.’s holdings in Ally […]
- 06/18/2020
|
Q4 2020 Earnings Forecast for Ally Financial Inc (NYSE:ALLY) Issued By Piper Sandler
- Ally Financial Inc (NYSE:ALLY) – Stock analysts at Piper Sandler decreased their Q4 2020 earnings estimates for shares of Ally Financial in a research report issued to clients and investors on Wednesday, June 17th. Piper Sandler analyst K. Barker now anticipates that the financial services provider will earn $0.02 per share for the quarter, down […]
- 06/18/2020
|
Elevated Costs, High Debt Hurt Ally Financial: Time to Sell?
- Elevated costs and high debt levels remain major concerns for Ally Financial (ALLY).
- 06/17/2020
|
FTV Capital Closes Largest Fund to Date at $1.2 Billion Hard Cap
- FTV Capital has announced the close of its sixth and largest fund to date, FTV VI, at the hard cap of $1.2 billion in capital commitments.
- 06/17/2020
|
Housing Tech Rundown: The latest industry partnerships - HousingWire
- The industry is seeing more companies partnering to harness each other’s strengths. Here is more information on the latest industry partnerships.
- 06/13/2020
|
Ally Financial Inc (NYSE:ALLY) Shares Sold by JPMorgan Chase & Co.
- JPMorgan Chase & Co. reduced its stake in Ally Financial Inc (NYSE:ALLY) by 57.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 836,557 shares of the financial services provider’s stock after selling 1,115,194 shares during the period. JPMorgan Chase & Co.’s […]
- 06/10/2020
|
Ally Invest's President On Inclusivity, Democratized Investing: 'Share The Burden'
- Alongside the spread of the coronavirus, markets experienced one of the worst liquidations in history, businesses shut down and millions were laid off.
As the global...
- 06/10/2020
|
Ally Lending Now Offers Home Improvement Financing
- Ally Lending, the business-to-business-to-consumer lending arm of Ally Bank, the banking subsidiary of Ally Financial (NYSE: ALLY), today announced its partnership with Authority Brands, LLC, a leading provider of home services. The partnership marks Ally's expansion into the home improvement category and builds on its legacy strength in healthcare lending.
- 06/09/2020
|
Signs of Green Shoots Appear in a Battered Car Industry. Everything Is Relative.
- May car sales were down from a year earlier, but beat expectations. That sent shares of car makers, dealers, parts suppliers, and specialty lenders up. They’re still in a hole, but they could see gains ahead.
- 06/06/2020
|
Shares of several financial services companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy.
|
Wells Fargo Is the Canary In the Coal Mine for Subprime Auto Lenders
- The big bank has stopped making car loans through most independent auto dealers, which suggests that lenders more reliant on auto loans are headed for trouble.
- 06/05/2020
|
Car Stocks Are Higher Because Sales Were Only Kind of Dreadful. Here’s How Far They Can Run.
- U.S. light-vehicle sales came in better than feared for May—news that lifted car stocks on Wednesday and raised the prospect of more gains as investors focus on the rate of change. Things are getting better and Wall Street always focuses on the future. Traditional auto makers including (F)(ticker: F) and (GM) (GM) were up almost 5% on Wednesday, on average.
- 06/03/2020
|
8 Bankrupt Companies That Came Back
- These companies went bankrupt. Now they're even more profitable and successful. Here's how these 8 bankrupt companies came back.
- 06/02/2020
|
Intermediate Options Strategy With Ally Invest's Brian Overby
- Attendees at Benzinga's virtual Boot Camp Friday got a lesson in intermediate options Friday from Brian Overby, a senior options analyst at Ally Financial Inc.'s (...
- 06/01/2020
|
Here is What Hedge Funds Think About Ally Financial Inc (ALLY)
- In this article you are going to find out whether hedge funds think Ally Financial Inc (NYSE:ALLY) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
- 05/29/2020
|
Ally Financial (ALLY) Dips More Than Broader Markets: What You Should Know
- Ally Financial (ALLY) closed at $18.37 in the latest trading session, marking a -1.24% move from the prior day.
- 05/28/2020
|
Ally Should Recover With Broader Economy, Morgan Stanley Says In Upgrade Note
- Ally Financial Inc (NYSE: ALLY) will benefit from an economic recovery, as it will create more jobs and therefore spur more driving and higher auto sales, according to Morgan Stanley. The Ally Analyst Betsy Graseck upgraded Ally Financial from Equal-weight to Overweight and raised the price target from $23 to $26.The Ally Thesis With the economy reopening, the unemployment rate is likely to peak at 17% in May and then decline to 10.7% in September and to 9% in December, which improves the outlook for a bottom in consumer credit, Graseck said in the Thursday upgrade note. (See her track record here.)Fiscal stimulus has driven personal savings rate to 13.1%, lowering consumer loan losses, the analyst said. As driving trends resurge, there will be an increase in vehicle demand, she saidThe pandemic is trigerring a shift from public transit to self-owned vehicles, Graseck said.Both trends support the outlook for used car prices, the analyst said. Commentary from auto dealers and lenders suggests "auto sales are bouncing firmly off the bottom," which improves the outlook for loan growth, she said. The analyst further wrote that Ally's shares are pricing in much higher losses than expected, offering "an entry point for a stock that has been cut in half since the February announcement of the CardWorks acquisition and economic lockdown."ALLY Price Action Shares of Ally Financial were down 0.38% at $18.53 at the time of publication Thursday.Related Links: June Market Outlook: Big Test Looms In New Month As States Navigate ReopeningsCramer Says Getting Over Coronavirus Crisis 'Not Enough' To Lift The EconomyBenzinga file photo by Dustin Blitchok. Latest Ratings for ALLY DateFirmActionFromTo May 2020Morgan StanleyUpgradesEqual-WeightOverweight May 2020Piper SandlerMaintainsOverweight May 2020BMO CapitalUpgradesMarket PerformOutperform View More Analyst Ratings for ALLY View the Latest Analyst Ratings See more from Benzinga * KeyBanc Upgrades Qualcomm On Potential Benefit From HiSilicon Ban * BofA Raises Micron's Price Target Following Upbeat Guidance Update * Endava Is A Fintech Enabler, Wedbush Says In Bullish Initiation(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/28/2020
|
UPDATE: Morgan Stanley Upgrades Ally Financial to Overweight, Announces $26 Price Target As Firm Notes 'A recovering economy should lift Ally's fundamentals with more jobs, more driving, and more auto sales,' Cites 3 Reasons Why:
|
Ally Financial shares are trading higher Morgan Stanley upgraded the stock from Equal-Weight to Overweight and announced a price target of$26 per share.
|
Morgan Stanley Upgrades Ally Financial to Overweight, Announces $26 Price Target
|
Ally Financial (ALLY) Dips More Than Broader Markets: What You Should Know
|
Ally: Caring for Communities During COVID-19 Crisis
- Consistent with its mission to be a true ally to its communities, Ally Financial (NYSE: ALLY) has awarded more than $1.8 million in its first round of grants to help them withstand the COVID-19 health crisis. Ally employees are also making donations matched by the company and volunteering virtually to assist nonprofits across the country.
- 05/27/2020
|
