Ally Financial (NYSE:ALLY – Get Free Report) posted its earnings results on Friday. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.38, Briefing.com reports. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.03 billion. Ally Financial had a net margin of 10.26% and a return on equity of 8.37%. Ally Financial’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 EPS.
Ally Financial Stock Down 2.3 %
Shares of NYSE:ALLY opened at $35.01 on Monday. Ally Financial has a fifty-two week low of $22.54 and a fifty-two week high of $45.46. The firm’s 50 day moving average price is $37.62 and its 200 day moving average price is $39.13. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.39. The stock has a market cap of $10.64 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39.
Ally Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Friday, November 1st. Ally Financial’s dividend payout ratio is presently 48.98%.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Ally Financial
Ally Financial Company Profile
Ally Financial Inc, a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.
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