News articles about Ally Financial (NYSE:ALLY) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ally Financial earned a news impact score of 0.15 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.9605307576615 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- The Zacks Analyst Blog Highlights: Tokyo Electron, XPO Logistics and Ally Financial (finance.yahoo.com)
- Form 3 Ally Financial Inc. For: Mar 01 Filed by: LaClair Jennifer A. (streetinsider.com)
- Ally Financial Inc. (ALLY) expected to achieve earnings growth of 2.40% for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Senate to vote on Dodd-Frank rollback – Seeking Alpha (seekingalpha.com)
Ally Financial (ALLY) opened at $28.57 on Wednesday. The firm has a market capitalization of $12,477.94, a PE ratio of 13.94, a PEG ratio of 0.75 and a beta of 1.40. Ally Financial has a twelve month low of $18.11 and a twelve month high of $31.29. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 3.28.
Ally Financial (NYSE:ALLY) last issued its earnings results on Tuesday, January 30th. The financial services provider reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.11. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.43 billion. Ally Financial had a return on equity of 8.10% and a net margin of 13.73%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. sell-side analysts forecast that Ally Financial will post 3.03 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were issued a $0.13 dividend. This is an increase from Ally Financial’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Wednesday, January 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.82%. Ally Financial’s dividend payout ratio is currently 25.37%.
Several equities analysts have recently commented on the stock. Sandler O’Neill restated a “hold” rating and set a $30.00 price target on shares of Ally Financial in a research report on Friday, February 23rd. ValuEngine raised shares of Ally Financial from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Ally Financial in a report on Tuesday, January 30th. Credit Suisse Group upped their price objective on shares of Ally Financial from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Finally, Morgan Stanley upped their price target on shares of Ally Financial from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Ally Financial currently has an average rating of “Buy” and an average target price of $32.41.
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Ally Financial Company Profile
Ally Financial Inc is a digital financial services company. The Company is a bank and financial holding company. Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and Corporate and Other. The Automotive Finance operations segment provides the United States-based automotive financing services to consumers and automotive dealers, and automotive and equipment financing services to companies and municipalities.
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