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

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

Western Alliance Bancorporation (NYSE:WAL) issued its quarterly earnings results on Thursday, October, 18th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.03 by $0.02. The financial services provider had revenue of $238.46 million for the quarter, compared to analysts' expectations of $247.04 million. Western Alliance Bancorporation had a return on equity of 17.27% and a net margin of 39.69%. During the same quarter in the previous year, the firm posted $0.79 EPS. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Western Alliance Bancorporation.

Western Alliance Bancorporation will be holding an earnings conference call on Friday, January 25th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

10 brokers have issued 12-month price objectives for Western Alliance Bancorporation's stock. Their forecasts range from $53.00 to $70.00. On average, they anticipate Western Alliance Bancorporation's stock price to reach $63.6667 in the next year. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for Western Alliance Bancorporation.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Alliance Bancorporation.

News headlines about WAL stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Western Alliance Bancorporation earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Some companies that are related to Western Alliance Bancorporation include Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Popular (BPOP), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), Investors Bancorp (ISBC), First Financial Bankshares (FFIN), Wintrust Financial (WTFC), IBERIABANK (IBKC), Glacier Bancorp (GBCI) and United Bankshares (UBSI).

Western Alliance Bancorporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alta Capital Management LLC (0.28%), TCI Wealth Advisors Inc. (0.02%), Boston Advisors LLC (0.02%), Tealwood Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and Hennessy Advisors Inc. (0.01%). Company insiders that own Western Alliance Bancorporation stock include Cary Mack, Dale Gibbons, Don Garner, Donald D Snyder, Gerald A Cady, J Kelly Jr Ardrey, James E D V M Nave, Kenneth Vecchione, Marianne Boyd Johnson, Merrill Wall, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Steven J Hilton, 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 Tealwood Asset Management Inc., Sit Investment Associates Inc., Alta Capital Management LLC, Nisa Investment Advisors LLC and Boston Advisors LLC. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Gerald A Cady, J Kelly Jr Ardrey, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan and Sung Won Sohn. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was acquired by a variety of institutional investors in the last quarter, including TCI Wealth Advisors Inc., Fox Run Management L.L.C., Hennessy Advisors Inc., Cerebellum GP LLC and State of Alaska Department of Revenue. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Dale Gibbons, Kenneth Vecchione, Michael Patriarca and Robert P Latta. 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, Scottrade, Fidelity and Charles Schwab.

One share of WAL stock can currently be purchased for approximately $45.26.

Western Alliance Bancorporation has a market capitalization of $4.70 billion and generates $890.86 million in revenue each year. The financial services provider earns $325.49 million in net income (profit) each year or $3.10 on an earnings per share basis. Western Alliance Bancorporation employs 1,725 workers across the globe.

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]