NYSE:WAL Western Alliance Bancorporation - WAL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Alliance Bancorporation Please log in to your account or sign up in order to add this asset to your watchlist. $31.28 -0.63 (-1.97%) (As of 03/23/2023 02:03 PM ET) Add Compare Share Share Today's Range$31.12▼$34.9050-Day Range$26.12▼$80.6052-Week Range$7.46▼$88.00Volume5.54 million shsAverage Volume5.98 million shsMarket Capitalization$3.43 billionP/E Ratio3.22Dividend Yield4.60%Price Target$84.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Western Alliance Bancorporation MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside151.4% Upside$80.89 Price TargetShort InterestHealthy2.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.38Upright™ Environmental ScoreNews Sentiment0.43Based on 23 Articles This WeekInsider TradingSelling Shares$128,030 Sold Last QuarterProj. Earnings Growth8.00%From $9.87 to $10.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.48 out of 5 starsFinance Sector15th out of 876 stocksState Commercial Banks Industry3rd out of 180 stocks 3.3 Analyst's Opinion Consensus RatingWestern Alliance Bancorporation has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $80.89, Western Alliance Bancorporation has a forecasted upside of 151.4% from its current price of $32.17.Amount of Analyst CoverageWestern Alliance Bancorporation has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.60% of the float of Western Alliance Bancorporation has been sold short.Short Interest Ratio / Days to CoverWestern Alliance Bancorporation has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Alliance Bancorporation has recently increased by 19.73%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWestern Alliance Bancorporation is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Alliance Bancorporation has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Western Alliance Bancorporation is 14.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 13.51% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWestern Alliance Bancorporation has received a 38.54% net impact score from Upright. Western Alliance Bancorporation seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Retirement saving services", "Commercial deposit accounts", "Cash withdrawal services", "Corporate credit granting", "Mortgages provided by brick and mortar banks", and "Online banking" products. See details.Environmental SustainabilityThe Environmental Impact score for Western Alliance Bancorporation is -0.38. Previous Next 3.0 News and Social Media Coverage News SentimentWestern Alliance Bancorporation has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Western Alliance Bancorporation this week, compared to 4 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for Western Alliance Bancorporation this week, compared to 0 mentions on an average week.Search Interest158 people have searched for WAL on MarketBeat in the last 30 days. This is an increase of 778% compared to the previous 30 days.MarketBeat Follows53 people have added Western Alliance Bancorporation to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Alliance Bancorporation insiders have sold 100.58% more of their company's stock than they have bought. Specifically, they have bought $63,830.00 in company stock and sold $128,030.00 in company stock.Percentage Held by InsidersOnly 2.57% of the stock of Western Alliance Bancorporation is held by insiders.Percentage Held by Institutions84.68% of the stock of Western Alliance Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Western Alliance Bancorporation are expected to grow by 8.00% in the coming year, from $9.87 to $10.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Alliance Bancorporation is 3.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Alliance Bancorporation is 3.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.62.Price to Earnings Growth RatioWestern Alliance Bancorporation has a PEG Ratio of 0.28. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestern Alliance Bancorporation has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Alliance Bancorporation (NYSE:WAL) StockWestern Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.Read More Receive WAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Alliance Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WAL Stock News HeadlinesMarch 23, 2023 | marketwatch.comHovde initiates coverage of Western Alliance at bargain price levelMarch 23, 2023 | marketwatch.comThe Ratings Game: Hovde initiates coverage of Western Alliance at bargain price levelMarch 23, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 21, 2023 | finance.yahoo.comImplied Volatility Surging for Western Alliance Ban (WAL) Stock OptionsMarch 21, 2023 | benzinga.comROSEN, A LEADING LAW FIRM, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation – WALMarch 20, 2023 | finance.yahoo.comWhy Western Alliance Bancorp Was Down 6.8% TodayMarch 20, 2023 | investorplace.com7 Great Value Stocks to Buy While You CanMarch 20, 2023 | finance.yahoo.comFirst Republic Bank to Extend Slide As S&P Cuts Rating AgainMarch 23, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. 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Fortunately, there are a few key steps you can take to defend yourself …March 18, 2023 | benzinga.comROSEN, A Top Ranked Law Firm, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation - WALMarch 18, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Shares Down 9.2% March 18, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Research Coverage Started at UBS GroupMarch 17, 2023 | businesswire.comWestern Alliance Bank Provides End of Week UpdateMarch 17, 2023 | finance.yahoo.com'We're looking at every dollar critical to maintaining liquidity', says former Home Depot CEOMarch 17, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Sees Large Volume Increase on Insider Buying ActivityMarch 17, 2023 | americanbankingnews.comMarianne Boyd Johnson Purchases 2,475 Shares of Western Alliance Bancorporation (NYSE:WAL) StockMarch 17, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Coverage Initiated at StockNews.comMarch 16, 2023 | finance.yahoo.comWestern Alliance Bancorp hit as Fitch says it may downgrade debt in latest blow to regional banksMarch 16, 2023 | finance.yahoo.comU.S. bank stocks end with solid gains as 11 banks pledge $30 billon to First RepublicMarch 16, 2023 | marketwatch.comWestern Alliance Bancorp stock falls as Fitch places company on negative rating watchMarch 16, 2023 | finance.yahoo.comU.S. bank stocks mixed as sector remains under spotlightMarch 16, 2023 | seekingalpha.comBaidu, First Republic Bank, Western Alliance Bancorporation among premarket losers' packMarch 16, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Shares Gap Up to $26.12March 16, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Earns "Neutral" Rating from WedbushMarch 15, 2023 | finance.yahoo.comStrength Seen in Western Alliance (WAL): Can Its 14.4% Jump Turn into More Strength?March 15, 2023 | finance.yahoo.comRegional and big bank stocks pare early gains to trade lower amid rising fears of banking crisisMarch 15, 2023 | msn.comCitadel, other funds seek bargains in smaller banks after sell-offSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Alliance Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WAL Company Calendar Last Earnings1/25/2023Ex-Dividend for 3/3 Dividend2/16/2023Dividend Payable3/03/2023Today3/23/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:WAL CUSIP95763810 CIK1212545 Webwww.westernalliancebancorp.com Phone(602) 389-3500Fax479-277-1830Employees3,365Year Founded1994Price Target and Rating Average Stock Price Forecast$80.89 High Stock Price Forecast$105.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+169.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$9.70 Trailing P/E Ratio3.25 Forward P/E Ratio3.19 P/E Growth0.28Net Income$1.06 billion Net Margins34.94% Pretax Margin43.63% Return on Equity22.00% Return on Assets1.60% Debt Debt-to-Equity Ratio1.42 Current Ratio1.00 Quick Ratio0.98 Sales & Book Value Annual Sales$3.02 billion Price / Sales1.14 Cash Flow$11.33 per share Price / Cash Flow2.78 Book Value$46.47 per share Price / Book0.68Miscellaneous Outstanding Shares109,610,000Free Float106,798,000Market Cap$3.45 billion OptionableOptionable Beta1.44 Social Links Key ExecutivesKenneth A. VecchionePresident, Chief Executive Officer & DirectorTimothy W. BootheChief Operating OfficerDale M. GibbonsVice Chairman & Chief Financial OfficerJeffrey SemonovichChief Information Officer & Executive VPRandall S. TheisenSecretary, Chief Legal Officer & Executive VPKey CompetitorsPopularNASDAQ:BPOPUnited Community BanksNASDAQ:UCBIFirst Interstate BancSystemNASDAQ:FIBKIndependent BankNASDAQ:INDBInternational BancsharesNASDAQ:IBOCView All CompetitorsInsiders & InstitutionsMarianne Boyd JohnsonBought 2,475 shares on 3/13/2023Total: $63,830.25 ($25.79/share)Victory Capital Management Inc.Sold 261,277 shares on 3/10/2023Ownership: 0.423%Rockefeller Capital Management L.P.Bought 391 shares on 3/6/2023Ownership: 0.005%Voya Investment Management LLCSold 46,838 shares on 2/28/2023Ownership: 0.185%Teachers Retirement System of The State of KentuckyBought 637 shares on 2/22/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions WAL Stock - Frequently Asked Questions Should I buy or sell Western Alliance Bancorporation stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WAL shares. View WAL analyst ratings or view top-rated stocks. What is Western Alliance Bancorporation's stock price forecast for 2023? 5 brokerages have issued twelve-month price objectives for Western Alliance Bancorporation's stock. Their WAL share price forecasts range from $65.00 to $105.00. On average, they predict the company's stock price to reach $84.89 in the next twelve months. This suggests a possible upside of 166.0% from the stock's current price. View analysts price targets for WAL or view top-rated stocks among Wall Street analysts. How have WAL shares performed in 2023? Western Alliance Bancorporation's stock was trading at $59.56 at the start of the year. Since then, WAL stock has decreased by 46.4% and is now trading at $31.91. View the best growth stocks for 2023 here. Are investors shorting Western Alliance Bancorporation? Western Alliance Bancorporation saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,670,000 shares, an increase of 19.7% from the February 13th total of 2,230,000 shares. Based on an average daily volume of 979,800 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.6% of the shares of the stock are sold short. View Western Alliance Bancorporation's Short Interest. When is Western Alliance Bancorporation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our WAL earnings forecast. How were Western Alliance Bancorporation's earnings last quarter? Western Alliance Bancorporation (NYSE:WAL) announced its quarterly earnings data on Wednesday, January, 25th. The financial services provider reported $2.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.67. The financial services provider had revenue of $701.20 million for the quarter, compared to analyst estimates of $733.13 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 22.00% and a net margin of 34.94%. The company's revenue for the quarter was up 25.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.32 earnings per share. How often does Western Alliance Bancorporation pay dividends? What is the dividend yield for Western Alliance Bancorporation? Western Alliance Bancorporation declared a quarterly dividend on Monday, February 6th. Investors of record on Friday, February 17th will be paid a dividend of $0.36 per share on Friday, March 3rd. This represents a $1.44 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend is Thursday, February 16th. Read our dividend analysis for WAL. What ETFs hold Western Alliance Bancorporation's stock? ETFs with the largest weight of Western Alliance Bancorporation (NYSE:WAL) stock in their portfolio include SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO), iShares U.S. Regional Banks ETF (IAT), First Trust Nasdaq Bank ETF (FTXO), Opus Small Cap Value Plus ETF (OSCV) and Invesco KBW Bank ETF (KBWB). Is Western Alliance Bancorporation a good dividend stock? Western Alliance Bancorporation (NYSE:WAL) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.93%. WAL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAL will have a dividend payout ratio of 12.64% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WAL. What is Kenneth A. Vecchione's approval rating as Western Alliance Bancorporation's CEO? 14 employees have rated Western Alliance Bancorporation Chief Executive Officer Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among the company's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Western Alliance Bancorporation own? Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Block (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and Trade Desk (TTD). What is Western Alliance Bancorporation's stock symbol? Western Alliance Bancorporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAL." Who are Western Alliance Bancorporation's major shareholders? Western Alliance Bancorporation's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (5.84%), T. Rowe Price Investment Management Inc. (5.56%), Clearbridge Investments LLC (2.92%), Thrivent Financial for Lutherans (2.60%), William Blair Investment Management LLC (2.37%) and Davis Asset Management L.P. (2.30%). Insiders that own company stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, Donald D Snyder, J Kelly Jr Ardrey, Kenneth Vecchione, Leonard M Tannenbaum, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Steven J Hilton, Tim R Bruckner, Timothy W Boothe and Todd Marshall. View institutional ownership trends. How do I buy shares of Western Alliance Bancorporation? Shares of WAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Western Alliance Bancorporation's stock price today? One share of WAL stock can currently be purchased for approximately $31.91. How much money does Western Alliance Bancorporation make? Western Alliance Bancorporation (NYSE:WAL) has a market capitalization of $3.50 billion and generates $2.30 billion in revenue each year. The financial services provider earns $1.06 billion in net income (profit) each year or $9.70 on an earnings per share basis. How many employees does Western Alliance Bancorporation have? The company employs 3,365 workers across the globe. Does Western Alliance Bancorporation have any subsidiaries? The following companies are subsidiares of Western Alliance Bancorporation: AmeriHome Mortgage Company, AmeriHome Mortgage Company LLC, BW Real Estate Inc., BankWest Nevada Capital Trust II, Bridge Bank, Bridge Capital Holdings Trust I, Bridge Capital Holdings Trust II, CS Insurance Co., Digital Disbursements, First Independent Statutory Trust I, Helios Prime Inc., Intermountain First Statutory Trust I, Las Vegas Sunset Properties, WA PWI LLC, WAL Statutory Trust No. 2, WAL Statutory Trust No. 3, WAL Trust No. 1, Western Alliance Bank, Western Alliance Business Trust, Western Alliance Equipment Finance LLC, Western Alliance Mortgage Holding Company LLC, Western Finance Company, and Western One LLC.Read More How can I contact Western Alliance Bancorporation? Western Alliance Bancorporation's mailing address is ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004. The official website for the company is www.westernalliancebancorp.com. The financial services provider can be reached via phone at (602) 389-3500, via email at dgibbons@westernalliancebancorp.com, or via fax at 479-277-1830. This page (NYSE:WAL) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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