Ally Financial Inc. (ALLY) is currently priced at $44.45, reflecting a 0.113% increase from the previous close. Trading volume stands at $482,724, representing a 10.9% deviation from the average.
Ally's latest quarterly earnings were reported on Thursday, April 16th, with a consensus estimate EPS of 0.96.
The forward dividend yield for Ally is 2.7%, with a dividend per share of 30 cents. Year-over-year, the dividend per share decreased by 25 cents.
Evercore ISI reaffirmed their "Outperform" grade for Ally on April 21, with the stock trading at $46.3 at the time of publication.
Ally reported a free cash flow of -$239 million, acquisitions netting $475 million, and debt repayment amounting to -$1.12 billion.
Ally's revenue for the period reached $3.89 billion, with a gross profit of $1.90 billion and a net income of $319 million, translating to an EPS of 94 cents.
Key ratios include a net profit margin of 8.21%, a return on equity of 2.04%, and a price-to-earnings ratio of 9.56 for Ally.
Ally's total assets amount to $197.27 billion, with total liabilities at $181.66 billion, resulting in a net debt of $21 billion.
This real-time financial snapshot provides valuable insights into Ally's performance and financial standing.
Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers. This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers' vehicle inventory. The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the healthcare industry. The company also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.