Wall Street expects a year-over-year decline in earnings on lower revenues when Ally Financial (ALLY) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 17. On t ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Ally Financial (ALLY) . This company, which is in the Zacks Financial - Consumer Loans industry, shows potential for another earnings beat.This auto finance company and bank has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for t ...

Groomee/E+ via Getty Images Foreword Dan Burrows says in Kiplinger Investing: "The Berkshire Hathaway portfolio is a diverse set of blue chips and, increasingly, lesser-known growth bets. Here's a look at every stock picked by Warren Buffett and his lieutenants." Any collection of stocks is more clearly understood when subjected to yield-based (dogcatcher) analysis, this Buffett/Berkshire batch is perfect for the dogcatcher process. Here are the June 28 data for 25 dividend-paying stocks in the Kiplinger-do ...

PM Images Ally Financial (NYSE:ALLY) is facing an improving credit outlook as a "soft landing" for the US economy looks increasingly likely. With a total return of 56% over the past 52 weeks, the auto lender’s stock has enjoyed a robust rally. It has even outperformed the 29% gain for the financial sector, and total returns over the same period of 29% and 42% for consumer lending peers Capital One Financial (COF) and Synchrony Financial (SYF), respectively. Still, Ally hasn’t yet made back all of its lo ...

CHARLOTTE, N.C., June 20, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter financial results for Wednesday, July 17, 2024, at approximately 7:30 a.m. ET. The results will be available on the Ally Press Room website (http://media.ally.com).Ally will host a conference call at 9 a.m. ET to review the company's performance. You may listen to the call via webcast or dial-in. The webcast will be live on Ally's Investor Relations website in the Events & Presenta ...

Dividend growth is the key to these stocks outperforming over the long haul.It seems like everyone wants to own a rental property these days. There are an endless amount of videos with people touting the benefits of passive income, meaning income you can earn by purchasing an asset, holding it, and doing minimal work. While rental properties can generate income, there is a misconception that they generate passive income, as a rental unit takes a lot of work to maintain as a landlord.This is why dividend inc ...

Ally Financial Inc.'s (ALLY) efforts to diversify revenues, along with its inorganic growth initiatives, are expected to keep supporting the top line. Given its robust capital and liquidity positions, the company will likely be able to sustain efficient capital distributions in the future. Analysts are optimistic regarding the company's earnings growth potential. The Zacks Consensus Estimate for ALLY's 2024 earnings has been revised 1% upward over the past 60 days. Over the past six months, shares of Ally F ...

There are some compelling opportunities in Berkshire's portfolio, and here are my two favorites right now.There are a few dozen stocks in the $375 billion portfolio owned by Berkshire Hathaway (BRK.A 1.46%) (BRK.B 1.12%), with most of the larger investments hand-picked by legendary investor Warren Buffett himself. And while there are several attractive opportunities for investors to choose from, there are two stocks in particular that look like strong buys as we head into June.With that in mind, here are tw ...

Not surprisingly, this is a Warren Buffett stock.A diversified portfolio with stocks in different categories and industries is the best way for most people to maximize their investments. If you have $1,000 available to invest and are in the market for an excellent dividend stock, consider Ally Financial (ALLY 1.15%). Here's why it could be the ultimate dividend stock.What makes a great dividend stock?The yield is probably the first thing on an investor's list when thinking about a great dividend stock. The ...

Goldman Sachs Has 5 Blue Chip Dividend Stocks on Its List of Top Stocks for May Chris Hondros / Getty Images The artificial intelligence rally over the last year and a half, led by the so-called Magnificent 7, has been remarkable if you owned those stocks. However, most of the S&P 500 is treading water and will not likely catch up to the hype-driven AI stocks soon.One thing remains certain: with storm clouds gathering on the horizon and the risk of an escalating conflict in the Middle East, many Wall Stre ...