Western Alliance Bancorporation Stock Price, News & Analysis (NYSE:WAL)

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

Western Alliance Bancorporation declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Friday, August 16th will be given a dividend of $0.25 per share on Friday, August 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Thursday, August 15th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) released its earnings results on Thursday, October, 17th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.19 by $0.05. The financial services provider earned $288.90 million during the quarter, compared to the consensus estimate of $281.83 million. Western Alliance Bancorporation had a return on equity of 17.97% and a net margin of 39.08%. The firm's revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 EPS. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Western Alliance Bancorporation.

7 analysts have issued 1-year price targets for Western Alliance Bancorporation's shares. Their forecasts range from $53.00 to $65.00. On average, they anticipate Western Alliance Bancorporation's stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for Western Alliance Bancorporation.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Alliance Bancorporation.

Media coverage about WAL stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Alliance Bancorporation earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 1,280,000 shares, a decrease of 24.3% from the August 30th total of 1,690,000 shares. Based on an average daily volume of 802,800 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.3% of the company's stock are sold short. View Western Alliance Bancorporation's Current Options Chain.

Some companies that are related to Western Alliance Bancorporation include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (Clr), NVIDIA (NVDA), Skyworks Solutions (SWKS), Alibaba Group (BABA), Bank of America (BAC), Paypal (PYPL), Applied Materials (AMAT), Lam Research (LRCX), Walt Disney (DIS) and Citigroup (C).

Western Alliance Bancorporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (0.71%), Artemis Investment Management LLP (0.38%), Envestnet Asset Management Inc. (0.17%), DNB Asset Management AS (0.07%), Brinker Capital Inc. (0.06%) and Sippican Capital Advisors (0.03%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Dale Gibbons, Donald D Snyder, Gerald A Cady, J Kelly Jr Ardrey, Kenneth Vecchione, Marianne Boyd Johnson, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Sung Won Sohn and William S Boyd. View Institutional Ownership Trends for Western Alliance Bancorporation.

WAL stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Cerebellum GP LLC, Cerebellum GP LLC, TCI Wealth Advisors Inc., Buckley Wealth Management LLC and Sippican Capital Advisors. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, Randall S Theisen, Robert Gary Sarver and Robert Reoch Mcauslan. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was bought by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Artemis Investment Management LLP, Envestnet Asset Management Inc., Brinker Capital Inc., Wedbush Securities Inc., Campbell & CO Investment Adviser LLC, Ingalls & Snyder LLC and Meeder Asset Management Inc.. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Dale Gibbons, Kenneth Vecchione, Michael Patriarca, Robert P Latta and William S Boyd. View Insider Buying and Selling for Western Alliance Bancorporation.

Shares of WAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WAL stock can currently be purchased for approximately $48.38.

Western Alliance Bancorporation has a market capitalization of $5.01 billion and generates $1.08 billion in revenue each year. The financial services provider earns $435.79 million in net income (profit) each year or $4.14 on an earnings per share basis. Western Alliance Bancorporation employs 1,787 workers across the globe.View Additional Information About Western Alliance Bancorporation.

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

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]