Latest Stocks: Favorable Media Coverage Somewhat Unlikely to Impact Ally Financial (ALLY) Stock Price

Latest Stocks: Favorable Media Coverage Somewhat Unlikely to Impact Ally Financial (ALLY) Stock Price

Media stories about Ally Financial (NYSE:ALLY) have trended positive on Tuesday, according to Alpha One Sentiment Analysis. Alpha One, a service of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ally Financial earned a news sentiment score of 0.29 on Alpha One’s scale. Alpha One also gave media headlines about the financial services provider an impact score of 43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Alpha One’s scoring:

Ally Financial (NYSE:ALLY) opened at 18.90 on Tuesday. Ally Financial has a 52 week low of $14.84 and a 52 week high of $23.62. The company has a market capitalization of $9.07 billion, a P/E ratio of 8.89 and a beta of 1.37. The firm has a 50 day moving average of $19.37 and a 200-day moving average of $20.30. Ally Financial (NYSE:ALLY) last released its earnings results on Thursday, April 27th. The financial services provider reported $0.48 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.01. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.39 billion. Ally Financial had a return on equity of 7.86% and a net margin of 16.34%. During the same quarter in the previous year, the firm earned $0.52 earnings per share. On average, analysts forecast that Ally Financial will post $2.26 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Monday, May 1st were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, April 27th. Ally Financial’s payout ratio is 14.88%. A number of research analysts recently issued reports on ALLY shares. TheStreet lowered shares of Ally Financial from a “b-” rating to a “c” rating in a research note on Friday, March 24th. Keefe, Bruyette & Woods set a $24.00 target price on shares of Ally Financial and gave the company a “buy” rating in a research note on Thursday, April 6th. Credit Suisse Group AG decreased their price target on shares of Ally Financial from $27.00 to $26.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 22nd. Sandler O’Neill lowered shares of Ally Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, February 28th. Finally, Zacks Investment Research upgraded shares of Ally Financial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 7th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $24.92.

The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Monday, May 1st were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, April 27th. Ally Financial’s payout ratio is 14.88%. Ally Financial Company Profile

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