After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Ally Financial Inc. (ALLY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.25, or 1.08%, to $23.30. The Ally Financial Inc. has recorded 65,686 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Ally Financial schedules release of first quarter financial results.
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Stocks Info
Ally Financial Inc. is listed on the NYSE in the Financial sector while operating in the Credit Services industry. At the end of the last regular session, the stock closed at $23.05 and fluctuated between $26.13 as its day high and $22.68 as its day low. The current market capitalization of Ally Financial Inc. is $7.35B. A total of 18.55 million shares were traded on the day, compared to an average of 6.48M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ALLY has seen 9 BUY and 22 SELL insider trades, representing the acquisition of 273,584 and the disposition of 90,668 shares. Over the last 12 months, there were 25 BUYs and 28 SELLs from insiders. Insiders purchased 321,756 shares during that period but sold 100,532.
In the most recent transaction, MAGNER MARJORIE bought 2,000 shares of ALLY for 27.43 per share on Oct 25. After the transaction, the Director now owns 55,603 company shares. In a previous transaction on Apr 19, Schugel Jason E. sold 2,500 shares at 45.00 per share. ALLY shares that Chief Risk Officer owns now total 82,476.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Ally Financial Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 5.21%, and it has a price to earnings (P/E) ratio of 4.64. ALLY’s most recent ex-dividend date was 1/31/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 2/15/2023. Previously, the company paid the dividend on 11/15/2022 with an ex-dividend date of 10/31/2022. The ALLY stock dividend was $0.30 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ALLY in the last 3 months, the mean price target is $34.42 with high estimates of $51.00 and low estimates of $21.00. In terms of 52-week highs and lows, ALLY has a high of $45.65 and a low of $22.02.
As of this writing, ALLY has an earnings estimate of $0.88 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $1.16 per share and a lower estimate of $0.71. The company reported an EPS of $1.12 in the last quarter, which was -34.10% lower than expectations of $1.7.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 21 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALLY is Sell with a score of 3.25. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 9 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.