Western Alliance Bancorporation Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Western Alliance Bancorporation stock.
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Western Alliance Bancorporation saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,350,000 shares, a drop of 26.2% from the August 15th total of 1,830,000 shares. Based on an average trading volume of 646,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the company are short sold.
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Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Western Alliance Bancorporation.

Western Alliance Bancorporation (NYSE:WAL) released its quarterly earnings results on Wednesday, July, 14th. The financial services provider reported $2.17 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.15. The financial services provider earned $506.50 million during the quarter, compared to analysts' expectations of $494.56 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 21.08% and a net margin of 47.52%. During the same period in the prior year, the company posted $0.93 earnings per share.
View Western Alliance Bancorporation's earnings history.

Western Alliance Bancorporation's stock was trading at $32.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WAL stock has increased by 200.0% and is now trading at $97.08.
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Western Alliance Bancorporation declared a quarterly dividend on Tuesday, July 27th. Investors of record on Friday, August 13th will be given a dividend of $0.35 per share on Friday, August 27th. This represents a $1.40 annualized dividend and a yield of 1.44%. The ex-dividend date is Thursday, August 12th. This is a positive change from Western Alliance Bancorporation's previous quarterly dividend of $0.25.
View Western Alliance Bancorporation's dividend history.

Western Alliance Bancorporation pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.45%. Western Alliance Bancorporation does not yet have a strong track record of dividend growth. The dividend payout ratio of Western Alliance Bancorporation is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 15.02% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend.
View Western Alliance Bancorporation's dividend history.

8 analysts have issued 1 year price objectives for Western Alliance Bancorporation's shares. Their forecasts range from $50.00 to $120.00. On average, they anticipate Western Alliance Bancorporation's share price to reach $93.64 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
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14 employees have rated Western Alliance Bancorporation CEO Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among Western Alliance Bancorporation's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Western Alliance Bancorporation include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN), First Citizens BancShares (FCNCA) and Commerce Bancshares (CBSH).
View all of WAL's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include The Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and The Trade Desk (TTD).

Western Alliance Bancorporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAL."

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 (11.36%), Vanguard Group Inc. (8.21%), Capital International Investors (5.37%), BlackRock Inc. (4.16%), Thrivent Financial for Lutherans (3.08%) and Lord Abbett & CO. LLC (2.80%). Company insiders that own Western Alliance Bancorporation stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, James E D V M Nave, Kenneth Vecchione, Leonard M Tannenbaum, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Timothy W Boothe and Todd Marshall.
View institutional ownership trends for Western Alliance Bancorporation.

WAL stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., Lord Abbett & CO. LLC, Epoch Investment Partners Inc., Invesco Ltd., Palisade Capital Management LLC NJ, FMR LLC, and Nuveen Asset Management LLC. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Leonard M Tannenbaum, Robert P Latta, Steven J Hilton, Timothy W Boothe, and Todd Marshall.
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WAL stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Millennium Management LLC, Price T Rowe Associates Inc. MD, Vanguard Group Inc., Ceredex Value Advisors LLC, Balyasny Asset Management LLC, CIBC Private Wealth Group LLC, and Weiss Multi Strategy Advisers LLC. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Bryan K Segedi, Dale Gibbons, James E D V M Nave, Kenneth Vecchione, Robert Gary Sarver, and Steven J Hilton.
View insider buying and selling activity for Western Alliance Bancorporation or or view top insider-buying stocks.

Shares of WAL 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.
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One share of WAL stock can currently be purchased for approximately $97.08.

Western Alliance Bancorporation has a market capitalization of $10.12 billion and generates $1.33 billion in revenue each year. The financial services provider earns $506.60 million in net income (profit) each year or $5.04 on an earnings per share basis.

Western Alliance Bancorporation employs 1,915 workers across the globe.

Western Alliance Bancorporation was founded in 2014.

The official website for Western Alliance Bancorporation is www.westernalliancebancorp.com.

Western Alliance Bancorporation is headquartered at ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004.

Western Alliance Bancorporation's mailing address is ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004. The financial services provider can be reached via phone at (602) 389-3500 or via email at [email protected].