Is Ally Financial Inc (NYSE: ALLY) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Ally Financial to present at the RBC Capital Markets Financial Institutions Conference.

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Stocks Info

This NYSE-listed company operates within the Credit Services industry segment, falling under the Financial sector. The current market capitalization of Ally Financial Inc is $11.35B. A total of 3.97 million shares were traded on the day, compared to an average of 4.35M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ALLY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 28 BUYs and 6 SELLs from insiders. Insiders purchased 781,405 shares during that period but sold 10,167.

In the most recent transaction, DEBRUNNER DAVID J sold 3,750 shares of ALLY for 35.00 per share on Dec 29. After the transaction, the VP, CAO, Controller now owns 100,787 company shares. In a previous transaction on Dec 15, DEBRUNNER DAVID J sold 3,750 shares at 35.00 per share. ALLY shares that VP, CAO, Controller owns now total 104,537.

Among the insiders who sold shares, DEBRUNNER DAVID J disposed of 7,500 shares on Dec 14 at a per-share price of $33.80. This resulted in the VP, CAO, Controller holding 108,287 shares of ALLY after the transaction.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Ally Financial Inc pays an annual dividend of $1.20, resulting in a dividend yield of 3.21%, and it has a price to earnings (P/E) ratio of 12.50. ALLY’s most recent ex-dividend date was 1/31/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/31/2023. The ALLY stock dividend was $0.30 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ALLY has a high of $38.03 and a low of $21.58.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $37.83, while its Total Shareholder’s Equity was $17.05B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 3.33.

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