News coverage about Ally Financial (NYSE:ALLY) has trended somewhat positive on Saturday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ally Financial earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 47.7242824655008 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
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Ally Financial to Present at the Morgan Stanley Financials Conference (finance.yahoo.com) MKB Bank CEO Sees Sale of Up to 30% Stake on Budapest Bourse (bloomberg.com) Taiwan ‘sad, angry’ as it loses second ally in a month amid China pressure (reuters.com) Trump signs law rolling back post-financial crisis banking rules (washingtonpost.com) How Visas Valuation Compares (finance.yahoo.com)
Shares of Ally Financial stock traded down $0.16 on Friday, hitting $26.89. The stock had a trading volume of 1,333,588 shares, compared to its average volume of 2,923,568. The company has a debt-to-equity ratio of 3.45, a quick ratio of 1.19 and a current ratio of 1.19. Ally Financial has a one year low of $18.26 and a one year high of $31.29. The stock has a market capitalization of $11.63 billion, a price-to-earnings ratio of 11.25, a P/E/G ratio of 0.72 and a beta of 1.38.
Ally Financial (NYSE:ALLY) last issued its earnings results on Thursday, April 26th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.02. Ally Financial had a net margin of 14.20% and a return on equity of 8.71%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the business earned $0.48 earnings per share. equities research analysts forecast that Ally Financial will post 2.96 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Tuesday, May 1st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Monday, April 30th. Ally Financial’s dividend payout ratio is 21.76%.
Several research analysts have commented on the stock. BMO Capital Markets downgraded shares of Ally Financial from an “outperform” rating to a “market perform” rating and set a $32.00 price target on the stock. in a research note on Wednesday, January 31st. Zacks Investment Research raised shares of Ally Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, May 16th. Morgan Stanley lifted their price target on shares of Ally Financial from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 31st. Piper Jaffray Companies reissued a “buy” rating and set a $36.00 price target on shares of Ally Financial in a research note on Tuesday, January 30th. Finally, Wells Fargo & Co reissued an “outperform” rating and set a $35.00 price target (up from $30.00) on shares of Ally Financial in a research note on Wednesday, January 31st. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $32.82.
About Ally Financial
Ally Financial Inc provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada. The company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.