|Bid||28.00 x 1200|
|Ask||28.19 x 1200|
|Day's Range||27.56 - 28.58|
|52 Week Range||21.58 - 43.23|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||6.82|
|Earnings Date||Jul 17, 2023 - Jul 21, 2023|
|Forward Dividend & Yield||1.20 (4.42%)|
|Ex-Dividend Date||Apr 28, 2023|
|1y Target Est||32.35|
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Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.
Ally Financial (ALLY) closed at $27.05 in the latest trading session, marking a +1.62% move from the prior day.
Navient (NAVI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The sector is going through its biggest shake-up since the 2008 financial crisis after the Federal Reserve implemented one of its quickest rate-hiking cycles ever. You might not be surprised to hear that legendary investor Warren Buffett was among this select group. The Oracle of Omaha has sold a lot of his bank holdings from his portfolio at Berkshire Hathaway (NYSE: BRK.B).
In the latest trading session, Ally Financial (ALLY) closed at $26.49, marking a -1.67% move from the previous day.
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. ET.
Buffett's investments in companies involved with artificial intelligence span numerous industries.
The Oracle of Omaha didn't outright say what his expectations are for a recession, or whether there will be one at all.
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. In recent years, Buffett has lowered Berkshire Hathaway’s (NYSE:BRK-A, NYSE:BRK-B) exposure to the sector. However, investors are hoping Buffett could potentially increase Berkshire’s banking stock exposure once again. These hopes are largely based on Berkshire’s large purchases of preferred shares in Goldman Sachs (NYSE:GS) and
The billionaire investor isn't confident the banking crisis is over, but he's still putting money into a couple of bank stocks.
Two Berkshire Hathaway holdings are solid long-term holdings, while another Buffett favorite should be avoided in the short term.
From what we can see, insiders were net buyers in Ally Financial Inc.'s ( NYSE:ALLY ) during the past 12 months. That...
After the market closes on May 15, Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), will submit its 13F filing, which will reveal what stocks the large conglomerate bought and sold in the first quarter. In 2022, Berkshire made multiple purchases of large digital consumer bank Ally Financial (NYSE: ALLY), which specializes in retail auto lending. Ally has performed well since the pandemic, largely on the back of elevated car values, driven by increased demand and exceptionally strong credit quality among consumers.
One year ago, Ally Financial Inc. (NYSE: ALLY) pledged to reach equal spending on advertising between men's and women's sports within five years. On the first anniversary of its unprecedented pledge, Ally announced it is ahead of schedule, expecting to reach a near 60/40 split by the close of 2023. Additionally, Ally marked the milestone with the introduction of Team Ally – a collective of influential athletes and creators who teamed up with Ally to help make women's sports hard to miss.
A rise in expenses and higher provisions hurt Credit Acceptance (CACC) Q1 earnings, while a decent loan demand and rising consumer loan assignments offer some support.
Warren Buffett's Berkshire Hathaway owns a stock portfolio valued at nearly $350 billion. Two stocks in Berkshire's portfolio that stand out as great values are General Motors (NYSE: GM) and Ally Financial (NYSE: ALLY). Here's why considering these Buffett stocks for your own portfolio would be a wise move.
You could learn a lot from this legendary investor who has outperformed the market for nearly six decades.
Silver Beach Capital, a value-oriented investment management firm, released its inaugural first quarter 2023 investor letter. A copy of the same can be downloaded here. The recent banking sector decline had an impact on the fund’s first-quarter performance. However, the fund still returned 2.8% in the first quarter compared to a 5.3% return for the […]
An increase in NII on higher interest rates and robust loan originations, along with lower provisions for credit losses, drives Sallie Mae's (SLM) Q1 earnings.
In my view, there are few things as disappointing as a list of dividend stocks to avoid. Dividend stocks are supposed to be the secret sauce to your portfolio. They give you an added incentive to hold stock because you can reinvest those dividends and increase your holdings even faster. If you are in retirement, an outstanding dividend stock can give you the income you need to have a comfortable life.InvestorPlace - Stock Market News, Stock Advice & Trading Tips But when dividend stocks underper
Ally Financial Inc. (NYSE:ALLY) Q1 2023 Earnings Call Transcript April 19, 2023 Ally Financial Inc. misses on earnings expectations. Reported EPS is $0.82 EPS, expectations were $0.87. Operator Good day and thank you for standing by, and welcome to the First Quarter 2023 Ally Financial Incorporated Earnings Conference Call. At this time, all participants are […]
To say that Warren Buffett is fond of bank stocks would be a bit of an understatement. Berkshire Hathaway's second-biggest holding, behind only Apple, is Bank of America. Constituting just 0.2% of the portfolio as of year-end 2022, Ally Financial (NYSE: ALLY) is one of Buffett's holdings that investors might not be aware of.
Ally specializes in originating retail auto loans, so credit quality is a big factor when evaluating the stock.
The online bank and car loan originator just posted its Q1 earnings report and offered some insight on car sales.
Warren Buffett's Berkshire Hathaway purchased shares in the large digital consumer bank Ally Financial (NYSE: ALLY) in two different quarters last year and now owns just shy of a 10% stake in the company. Like most banks, there has been a lot of uncertainty over Ally as the economy potentially tips into a recession, especially after the banking crisis unfolded in March. On Ally's last quarterly earnings call in January, management told investors that the company could generate $4 of earnings per share in 2023.