Q1 EPS Estimates for Ally Financial Increased by Analyst

Ally Financial Inc. (NYSE:ALLY) – Investment analysts at Zacks Research raised their Q1 2027 EPS estimates for Ally Financial in a research note issued to investors on Friday, September 5th. Zacks Research analyst Team now forecasts that the financial services provider will earn $1.36 per share for the quarter, up from their prior estimate of $1.33. The consensus estimate for Ally Financial’s current full-year earnings is $3.57 per share. Zacks Research also issued estimates for Ally Financial’s Q2 2027 earnings at $1.49 EPS and FY2027 earnings at $6.05 EPS.

Ally Financial (NYSE:ALLY) last posted its earnings results on Friday, July 18th. The financial services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.78 by $0.21. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.03 billion. Ally Financial had a net margin of 7.64% and a return on equity of 9.48%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.97 earnings per share.

ALLY has been the topic of several other reports. Wells Fargo & Company raised shares of Ally Financial from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $37.00 to $45.00 in a research report on Tuesday, September 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Ally Financial in a research report on Monday, July 14th. Citigroup reissued a “buy” rating and set a $59.00 target price (up from $55.00) on shares of Ally Financial in a research report on Wednesday, July 2nd. JPMorgan Chase & Co. increased their target price on shares of Ally Financial from $44.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Morgan Stanley reissued an “overweight” rating and set a $47.00 target price (up from $39.00) on shares of Ally Financial in a research report on Thursday, July 10th. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.67.

Ally Financial Trading Up 0.3%

Ally Financial stock opened at $41.45 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 0.32 and a beta of 1.13. Ally Financial has a one year low of $29.52 and a one year high of $42.46. The company’s fifty day moving average price is $39.49 and its two-hundred day moving average price is $36.51.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ALLY. Wellington Management Group LLP acquired a new position in shares of Ally Financial during the first quarter valued at about $253,881,000. Millennium Management LLC raised its position in shares of Ally Financial by 234.7% during the first quarter. Millennium Management LLC now owns 3,752,066 shares of the financial services provider’s stock valued at $136,838,000 after buying an additional 2,630,981 shares during the last quarter. Norges Bank acquired a new position in shares of Ally Financial during the second quarter valued at about $95,897,000. Jacobs Levy Equity Management Inc. raised its position in shares of Ally Financial by 84.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 4,202,179 shares of the financial services provider’s stock valued at $151,320,000 after buying an additional 1,918,965 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Ally Financial by 39.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 5,400,560 shares of the financial services provider’s stock valued at $210,352,000 after buying an additional 1,523,425 shares during the last quarter. Institutional investors and hedge funds own 88.76% of the company’s stock.

Ally Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.9%. Ally Financial’s dividend payout ratio is currently 77.92%.

About Ally Financial

Ally Financial Inc, a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.