Ally Financial (NYSE:ALLY) posted its quarterly earnings results on Thursday. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11, MarketWatch Earnings reports. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Ally Financial had a return on equity of 9.45% and a net margin of 15.62%.
NYSE ALLY traded down $0.65 on Friday, reaching $24.36. The company had a trading volume of 4,183,870 shares, compared to its average volume of 3,192,587. The firm has a market capitalization of $10.69 billion, a P/E ratio of 10.15, a PEG ratio of 0.64 and a beta of 1.34. Ally Financial has a 52-week low of $23.69 and a 52-week high of $31.29. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 3.60.
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Thursday, November 1st will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Wednesday, October 31st. Ally Financial’s payout ratio is currently 25.10%.
Ally Financial Company Profile
Ally Financial Inc provides various financial products and services for consumers, businesses, automotive dealers, and corporate clients in the United States and Canada. The company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.
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