Y - Alleghany Corporation

NYSE - NYSE Delayed Price. Currency in USD
778.11
-4.48 (-0.57%)
At close: 4:02PM EDT
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Previous Close782.59
Open783.45
Bid0.00 x 800
Ask0.00 x 1400
Day's Range775.73 - 790.02
52 Week Range574.42 - 798.72
Volume37,902
Avg. Volume74,625
Market Cap11.228B
Beta (3Y Monthly)0.54
PE Ratio (TTM)36.97
EPS (TTM)21.05
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1987-03-24
1y Target Est838.33
Trade prices are not sourced from all markets
  • Have Insiders Been Buying Alleghany Corporation (NYSE:Y) Shares?
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    Have Insiders Been Buying Alleghany Corporation (NYSE:Y) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

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  • Y or CINF: Which Property & Casualty Insurer is a Better Buy?
    Zacks

    Y or CINF: Which Property & Casualty Insurer is a Better Buy?

    Given a mixed operating backdrop, let's see which stock, Alleghany (Y) or Cincinnati Financial (CINF), offers better rewards based on a comparative analysis.

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  • Jakks Pacific considers sale to Jazwares parent
    American City Business Journals

    Jakks Pacific considers sale to Jazwares parent

    As the toy industry continues to evaluate its options in the wake of the Toys 'R' Us bankruptcy last year, another Los Angeles toy company has received an acquisition offer. Unlike Mattel Inc., which rejected MGA Entertainment's unsolicited offer to merge earlier this year, Jakks Pacific Inc. is considering a sale. The Santa Monica toy company behind such brands as MorfBoard, Squish-Dee-Lish and TP Blaster, as well as licenses for "Frozen," "Godzilla," "Harry Potter" and others, said on Friday that it has received an acquisition offer for 85 cents to 90 cents per share.

  • Bloomberg

    Jakks Pacific Gets Offer From Parent of Rival Jazwares

    (Bloomberg) -- Jakks Pacific Inc., a toymaker exploring a sale amid a steep slide in its share price, has received a takeover offer from the owner of rival Jazwares Inc., according to people familiar with the matter.Alleghany Corp., Jazwares’ parent company, made an offer this week to buy Jakks Pacific for 85 cents a share, said the people, who asked to not be identified because the matter isn’t public. The offer values the Santa Monica, California-based company at about $27.7 million, based on its outstanding share count.No decision has been made and Alleghany could opt to not proceed with its bid, they said. Jazwares has also drawn interest from other potential buyers, including rival toymaker Just Play, they said.Jakks Pacific rose 18.3% to 90 cents at 3:29 p.m. in New York trading, giving the company a market value of about $29.2 million. The company, which had about $161 million in long term debt at June 30, has seen its shares fall about 69% in the past year.Representatives for Jakks Pacific and Alleghany declined to comment. A representative for Just Play didn’t respond to a request for comment. The discussions come as toymakers look to pair up to gain scale and diversify in the wake of the industry-upending bankruptcy last year of Toys “R” US Inc.Hasbro Inc., the world’s largest publicly traded toymaker, agreed last month to pay about $4 billion for Entertainment One Ltd., the maker of the children’s shows Peppa Pig and PJ Masks. MGA Entertainment Inc. made an unsolicited offer this year to buy rival Mattel Inc., which rebuffed the advance.Jakks Pacific has licenses to produce action figures and toys for well-known companies including Walt Disney Co., which owns lots of popular brands such as Marvel and Frozen but charges some of the heftiest royalties in the industry. That, along with the collapse of Toys “R” Us, has weighed on profits. Jakks Pacific has been losing money since 2017.It’s also been in play for most of this year, after shareholder Meisheng Cultural and Creative Corp. of China offered to buy 51% of its shares. In June, Jakks Pacific said it was still continuing to “explore alternative transactions,” according to a regulatory filing.Alleghany, based in New York, is an insurance company that somewhat resembles Berkshire Hathway Inc. It uses income from its insurance policies to make acquisitions in other sectors. It acquired a stake in Jazwares in 2014 and owned 77% of the company at the end of 2018, according to its most recent annual report.Jazwares won the license last year to produce toys for Fortnite, the popular shooting game owned by Epic Games Inc.(Updates to add interest from rival Just Play in third paragraph.)To contact the reporters on this story: Liana Baker in New York at lbaker75@bloomberg.net;Matt Townsend in New York at mtownsend9@bloomberg.netTo contact the editors responsible for this story: Daniel Hauck at dhauck1@bloomberg.net, ;Anne Riley Moffat at ariley17@bloomberg.net, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why Is Alleghany (Y) Up 3.2% Since Last Earnings Report?
    Zacks

    Why Is Alleghany (Y) Up 3.2% Since Last Earnings Report?

    Alleghany (Y) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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  • Moody's

    Transatlantic Reinsurance Company -- Moody's announces completion of a periodic review of ratings of Alleghany Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Alleghany Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Alleghany Corporation (NYSE:Y): Did It Outperform The Industry?
    Simply Wall St.

    Alleghany Corporation (NYSE:Y): Did It Outperform The Industry?

    After looking at Alleghany Corporation's (NYSE:Y) latest earnings announcement (30 June 2019), I found it useful to...

  • Earnings Estimates Rising for Alleghany (Y): Will It Gain?
    Zacks

    Earnings Estimates Rising for Alleghany (Y): Will It Gain?

    Alleghany (Y) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • Alleghany's (Y) Earnings Top Estimates in Q2, Improve Y/Y
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    Alleghany's (Y) Earnings Top Estimates in Q2, Improve Y/Y

    Alleghany's (Y) second-quarter earnings benefit from higher revenues.

  • PR Newswire

    Alleghany Corporation Reports 2019 Second Quarter Results -- Notice

    NEW YORK , Aug. 6, 2019 /PRNewswire/ -- Alleghany Corporation (NYSE: Y) today announced its financial results for the three months ended June 30 , 2019.  A complete, full-text news release for Alleghany's ...

  • Why Earnings Season Could Be Great for Alleghany Corporation (Y)
    Zacks

    Why Earnings Season Could Be Great for Alleghany Corporation (Y)

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  • PR Newswire

    Alleghany Capital Corporation Announces Acquisition Of Warren Manufacturing Assets By CEI Equipment Company

    NEW YORK , July 31, 2019 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly owned subsidiary of Alleghany Corporation, today announced that CEI Equipment Company LLC ...

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