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Ally Financial Inc. (ALLY)

NYSE - NYSE Delayed Price. Currency in USD
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52.47-0.09 (-0.17%)
At close: 4:00PM EDT
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  • A
    2nd attempt to post. Ally had a Investor presentation on 9/13. CFO spoke. Making 7% on the auto originations, cost of money below .4%. Auto biz is still robust. The new biz lines are increasing revenues. Ally continues to buy back shares and is not relying on rates to meet/exceed expectations. CFO declared that Ally is a Growth company.

    NIM performance is good at 3.57% last qtr. Their ROTCE is at 15%, analysts still for some reason feel this is not sustainable. CFO says it is. Time will tell. News is on the capital remarks. Ally's CET1 target is 9%, actual today is 11.3%, the firm is over capitalized by $3 billion. CFO said the current share buy back may be augmented. And I feel we will see another sizable dividend increase next year. And the beat goes on.
  • l
    If you’re a day trader, you should definitely check out ( They send a watchlist covering the top pre-market movers every day before the open. It’s a great way to pick out potential trades for the day.
  • A
    Revenue and EPS have been growing. My sense as a customer is that this bank is well put together. They have one of the websites I've seen in terms of UI and functionality, and they offer a compelling mix of investment products. I see continued growth ahead.
  • C
    Covid Delta Rafi
    I do love this stock but it is soooooo boring.
  • M
    This seems undervalued since they are reporting nearly $1B profit quarterly......I think ALLY goes above $60.
  • J
    I sold out today with a 190 percent gain
  • B
    I see it over $100 ! Too cheap
  • D
    the President of Ally sold 4,125 shares on Sept 1, that's 1.9% of their total shares. the market is reacting to that news
  • A
    Just listen to the last earnings conference call on 7/20. During the Q&A about half the analysts congratulated management on this last qtr's financial results. With the share buyback announcement, an increase to $2 billion over 2021, over the 2nd half of 2021 they will be buying back approx 6.9% of the outstanding shares. And they were talking about their CET1 ratio of 11.3% and they want to get it down over time to 9%, so they currently are carrying excess capital. Why hasn't the share price climbed after such great earnings? Market cap of $18.6 billion, a small fish in the big ocean of mega cap financial services firms. It is followed but not closely. And many investors perceive Ally to be simply an auto lender. Now maybe an auto lender with a decent size bank. I'm long the common. Maybe for more exposure at this current value LEAPS maybe a way to go. GL
  • M
    Marvelous Marv
    It's perfectly within reason that a poor company's stock price should go down. Hear hear!
  • D
    Just checked my brokers consensus earnings estimates and see they have been raised to $7.63 for 2021 and dropping to $6.78 for 2022. I suspect a few analysts have not updated their numbers yet so these may go up over the next few days. That puts the current PE ratio at 6.85 which is unbelievable low given how they keep massively beating the estimates. On the earnings call the CFO seemed extremely confident that they would be able to maintain a very high net interest margin going forward. I suspect that is due to both the continued reduction in their own cost of funds via refunding high cost debt and having a growing percentage of the funds coming from their very cheap sources of funds due to almost no interest being paid on deposits. The other thing to think about is how the market is going wild on so called Fin-Tech stocks yet ALLY is by the best online bank and gets zero credit for that. This stock is wildly underpriced even after rising substantially over the past year. It does not help that next years earnings estimates are below the current but I suspect this is because some the analysts are being overly conservative. With the massive stock buyback that will push up the EPS and as noted their cost of funds continues to drop due to refinancings and growing low cost accounts. They most certainly will have another leg up when the market begins to acknowledge these strengths.
  • D
    What’s going on? It’s been doing really well this year
  • P
    Ally Financial (NYSE:ALLY): Q2 Non-GAAP EPS of $2.33 beats by $0.83; GAAP EPS of $2.41 beats by $0.82.
    Revenue of $2.15B (+40.5% Y/Y) beats by $270M.
  • S
    Incredible earnings report, this stock is so undervalued after a beat like that. It should be at 85.00 per share easy.
  • J
    Now trades at a 12 month trailing P/E ratio of 6.599 based on yesterday's close!!! Stock is so undervalued!!! If it traded at the average P/E ratio of BOA, WF, JPM & COF, which is an average P/E ratio of 10.9225, that would put ALLY at $79.41 if P/E ratio was 10.9225!!! 61% undervalued based on yesterday's close of $47.98!!!
  • b
    solid earning
  • j
    I wouldn’t sell a share at this point. One of the most consistently undervalued stocks. Great growth trajectory
  • D
    looking for this to get back to 51.50-52 to get back in
  • A
    Next report card is 7/20. Stock is off highs. Lets see what management says about dividend and share buyback. Could provide a boost. Business trends still favorable. I will be listening.
  • j
    Boom! This stock has been a sleeper for years. Finally getting the recognition it deserves.