Shares of banks and financial services companies are trading higher amid overall market strength after U.S. Core CPI came in lower-than-expected, which could positively impact future Fed policy decisions and lending outlook.

11/10/22 11:52:54 AM ET

$ALLY

$AMBC

$AMG

$AOMR

Major Banks

Finance

Property-Casualty Insurers

Finance

Get the next $ALLY alert in real time by email

Shares of banks and financial services companies are trading higher amid overall market strength after U.S. Core CPI came in lower-than-expected, which could positively impact future Fed policy decisions and lending outlook.

Get the next $ALLY alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ALLY
$AMBC
$AMG
$AOMR

Company	Date	Price Target	Rating	Analyst
Lemonade Inc. $LMND	11/7/2024	$18.00 → $21.00	Mkt Perform → Underperform	Keefe Bruyette
Oscar Health Inc. $OSCR	11/6/2024	$21.00 → $13.50	Neutral → Underperform	BofA Securities
DigitalBridge Group Inc. $DBRG	11/6/2024	$17.75 → $14.00	Outperform → Mkt Perform	Keefe Bruyette
UWM Holdings Corporation $UWMC	11/5/2024	$6.00 → $7.50	Equal-Weight	Morgan Stanley
Rocket Companies Inc. $RKT	11/5/2024	$11.00 → $18.00	Equal-Weight	Morgan Stanley
Affiliated Managers Group Inc. $AMG	11/5/2024	$226.00 → $177.00	Buy → Hold	TD Cowen
Customers Bancorp Inc $CUBI	11/4/2024	$57.00 → $52.00	Outperform → Mkt Perform	Keefe Bruyette
LendingClub Corporation $LC	10/25/2024	$16.00 → $19.00	Buy	Maxim Group

More analyst ratings

$ALLY
$AMBC
$AMG
$AOMR
Financials

Live finance-specific insights

PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, announced today its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, 2024, to shareholders of record as of the close of business on November 19, 2024. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides transparent and competitive payment options and inclusive consumer financial products. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solu
11/7/24 5:00:00 PM ET
$PRG
Diversified Commercial Services
Consumer Discretionary
Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share
Third-Quarter Highlights Total Client Assets of $181.1 billion Long-term gross flows of $5.9 billion Long-term net flows of ($2.6) billion GAAP operating margin of 53.3% GAAP net income per diluted share of $1.24 Adjusted EBITDA margin of 53.7% Adjusted net income with tax benefit per diluted share of $1.35 Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended September 30, 2024. "During the third quarter, we made excellent progress toward closing the Amundi transaction," said David Brown, Chairman and Chief Executi
11/7/24 4:29:00 PM ET
$VCTR
Investment Managers
Finance
Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results
Claros Mortgage Trust, Inc. (NYSE:CMTG) (the "Company" or "CMTG") today reported its financial results for the quarter ended September 30, 2024. The Company's third quarter 2024 GAAP net loss was $56.2 million, or $0.40 per share. Distributable Loss (a non-GAAP financial measure defined below) was $24.6 million, or $0.17 per share. Distributable Earnings prior to realized losses was $31.0 million, or $0.22 per share. Third Quarter 2024 Highlights $6.3 billion loan portfolio with a weighted average all-in yield of 8.4%. Received loan repayments of $374 million, including the full repayment of four loans with $354 million of unpaid principal balance. Funded $86 million on existing loan
11/7/24 4:28:00 PM ET
$CMTG
Real Estate
Finance

$ALLY
$AMBC
$AMG
$AOMR
Leadership Updates

Live Leadership Updates

Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of Crop
LA JOLLA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (the "Company") today announced that Benson Latham has been appointed Executive Vice President, Head of Crop, where he will be responsible for leading Palomar's rapidly growing Crop franchise. Benson Latham is a 30-year veteran of the Crop insurance industry and joins Palomar from Great American Insurance Company. Mr. Latham began his career at ProAg, where he helped build a large-scale Crop franchise with over 400 employees and $500 million in revenue. After the successful sale of ProAg to CUNA Mutual in 2010, Mr. Latham founded Longhorn Re, a Bermuda-based reinsurer focused on Crop risk, which he qu
11/7/24 4:44:55 PM ET
$PLMR
Property-Casualty Insurers
Finance
Biosynth Names Matt Gunnison as CEO, Kieran Murphy Appointed as Chairman
Biosynth, a global supplier of critical raw materials and services to the life sciences industry, today announced that its Board of Directors has appointed Matt Gunnison as the company's new Chief Executive Officer and a member of the Board of Directors, effective immediately. The Board has also appointed Kieran Murphy as Chairman, effective as of the same date. Matt Gunnison will succeed Urs Spitz, under whose guidance Biosynth has achieved remarkable growth and strengthened its position in the life sciences sector. Urs Spitz will remain a member of the Board of Directors. "We are grateful to Urs for his significant contributions in shaping Biosynth into the innovative and thriving compa
11/6/24 4:30:00 AM ET
$KKR
Investment Managers
Finance
Blackstone Tactical Opportunities Announces Leadership Transition
Chris James Appointed Global Head of Tac Opps, David Blitzer to Transition to Chairman Jas Khaira to be Head of Tac Opps Americas, Qasim Abbas to be Head of Tac Opps International Blackstone (NYSE:BX) announced today that Chris James – currently Chief Operating Officer (COO) and a founding member of Blackstone Tactical Opportunities ("Tac Opps"), with nearly two decades of experience at Blackstone – will become Global Head of Tac Opps. He will succeed David Blitzer, who will transition to chairman of the business at year end. Blackstone also today announced the elevation of two long-time senior Tac Opps partners to expanded leadership roles for the business. Jas Khaira will be Head of Ta
11/5/24 12:00:00 PM ET
$BX
Investment Managers
Finance

$ALLY
$AMBC
$AMG
$AOMR
Press Releases

Fastest customizable press release news feed in the world

Infinity Water Solutions Sets a National Precedent, Launches America's First-Ever Blue Financing Model
New Financial Framework Reimagines Water's Role in the Circular Economy Infinity Water Solutions (Infinity) today announced the publication of its inaugural ‘Blue Circular Economy Financing Framework', marking a significant milestone as the first U.S. company to launch a blue financing model dedicated to environmental impact, sustainability and the preservation of water. Independently assessed by Moody's (NYSE:MCO), the Framework positions Infinity as an industry pioneer, bridging the gap between climate resilience and energy security. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107727424/en/Infinity Water Solutions Sets a
11/7/24 6:53:00 PM ET
$MCO
Finance: Consumer Services
Finance
T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES SEPTEMBER 30, 2024 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.84 PER SHARE IN Q3 2024
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- T. Rowe Price OHA Select Private Credit Fund (the "Company" or "OCREDIT") today announced financial results and declared total distributions of $0.84 per share for the quarter ended September 30, 2024. In addition to the regular monthly distribution, this quarter's distribution also included a special quarterly distribution of $0.15 per share, representing the fourth consecutive quarter of special distributions. As borrowers continued to access private credit markets for their financing solutions, OCREDIT was a beneficiary of OHA's robust investment platform, allowing it to invest in 10 new portfolio companies throughout the third quarter, representing
11/7/24 5:30:00 PM ET
$TROW
Investment Bankers/Brokers/Service
Finance
PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, announced today its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, 2024, to shareholders of record as of the close of business on November 19, 2024. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides transparent and competitive payment options and inclusive consumer financial products. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solu
11/7/24 5:00:00 PM ET
$PRG
Diversified Commercial Services
Consumer Discretionary

Shares of banks and financial services companies are trading higher amid overall market strength after U.S. Core CPI came in lower-than-expected, which could positively impact future Fed policy decisions and lending outlook.

Chat with this insight

Recent Analyst Ratings for $ALLY$AMBC$AMG$AOMR

$ALLY$AMBC$AMG$AOMR SEC Filings

SEC Form 144 filed by Customers Bancorp Inc

SEC Form 144 filed by PROG Holdings Inc.

SEC Form 144 filed by Root Inc.

$ALLY$AMBC$AMG$AOMR Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Large owner Saba Capital Management, L.P. bought $925,342 worth of shares (121,632 units at $7.61) (SEC Form 4)

Director Porat Ruth bought $36,799 worth of shares (217 units at $169.38), increasing direct ownership by 0.48% to 36,528 units (SEC Form 4)

Large owner Saba Capital Management, L.P. bought $88,087 worth of shares (11,621 units at $7.58) (SEC Form 4)

$ALLY$AMBC$AMG$AOMR Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CHIEF EXECUTIVE OFFICER Neman Jonathan converted options into 16,750 shares, sold $1,508,611 worth of shares (37,687 units at $40.03) and exercised 20,937 shares at a strike of $0.96 (SEC Form 4)

Chief Concept Officer Jammet Nicolas converted options into 16,751 shares, sold $1,509,028 worth of shares (37,688 units at $40.04) and exercised 20,937 shares at a strike of $0.96 (SEC Form 4)

Chief Brand Officer Ru Nathaniel converted options into 16,751 shares, sold $1,515,434 worth of shares (37,688 units at $40.21) and exercised 20,937 shares at a strike of $0.96 (SEC Form 4)

$ALLY$AMBC$AMG$AOMR Insider purchases explained

Analytical look into recent insider purchases

Breaking: Stock Acquired at Rocket Companies Inc. on Jun 21

Insider Analysis: Purchase at Rocket Companies Inc. on Jun 7

$ALLY$AMBC$AMG$AOMR Market Insights

Live Market Insights

Piper Sandler Maintains Overweight on Goosehead Insurance, Raises Price Target to $72

Morningstar shares are trading higher. The company reported Q2 financial results yesterday.

Truist Securities Maintains Hold on Goosehead Insurance, Raises Price Target to $65

$ALLY$AMBC$AMG$AOMR Financials

Live finance-specific insights

PROG Holdings, Inc. Declares Dividend

Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share

Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results

$ALLY$AMBC$AMG$AOMR Leadership Updates

Live Leadership Updates

Palomar Holdings, Inc. Appoints Benson Latham EVP, Head of Crop

Biosynth Names Matt Gunnison as CEO, Kieran Murphy Appointed as Chairman

Blackstone Tactical Opportunities Announces Leadership Transition

$ALLY$AMBC$AMG$AOMR Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Lemonade downgraded by Keefe Bruyette with a new price target

Oscar Health downgraded by BofA Securities with a new price target

DigitalBridge downgraded by Keefe Bruyette with a new price target

$ALLY$AMBC$AMG$AOMR Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Invesco Ltd

Amendment: SEC Form SC 13G/A filed by Open Lending Corporation

Amendment: SEC Form SC 13G/A filed by Open Lending Corporation

$ALLY$AMBC$AMG$AOMR Press Releases

Fastest customizable press release news feed in the world

Infinity Water Solutions Sets a National Precedent, Launches America's First-Ever Blue Financing Model

T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES SEPTEMBER 30, 2024 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.84 PER SHARE IN Q3 2024

PROG Holdings, Inc. Declares Dividend

Recent Analyst Ratings for
$ALLY
$AMBC
$AMG
$AOMR

$ALLY
$AMBC
$AMG
$AOMR
SEC Filings

$ALLY
$AMBC
$AMG
$AOMR
Insider Purchases

$ALLY
$AMBC
$AMG
$AOMR
Insider Trading

$ALLY
$AMBC
$AMG
$AOMR
Insider purchases explained

$ALLY
$AMBC
$AMG
$AOMR
Market Insights

$ALLY
$AMBC
$AMG
$AOMR
Financials

$ALLY
$AMBC
$AMG
$AOMR
Leadership Updates

$ALLY
$AMBC
$AMG
$AOMR
Analyst Ratings

$ALLY
$AMBC
$AMG
$AOMR
Large Ownership Changes

$ALLY
$AMBC
$AMG
$AOMR
Press Releases