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

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

Western Alliance Bancorporation announced a quarterly dividend on Friday, February 7th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.25 per share on Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, February 13th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) announced its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $1.25 EPS for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.05. The financial services provider had revenue of $287.50 million for the quarter, compared to analyst estimates of $289.11 million. Western Alliance Bancorporation had a net margin of 38.69% and a return on equity of 17.63%. Western Alliance Bancorporation's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.13 earnings per share. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for Western Alliance Bancorporation.

7 Wall Street analysts have issued 12-month price targets for Western Alliance Bancorporation's shares. Their forecasts range from $55.00 to $62.00. On average, they expect Western Alliance Bancorporation's stock price to reach $57.80 in the next twelve months. This suggests a possible upside of 1.2% 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 very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 3.8 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,580,000 shares, an increase of 15.2% from the December 31st total of 2,240,000 shares. Based on an average trading volume of 643,500 shares, the short-interest ratio is currently 4.0 days. Approximately 2.7% of the shares of the company 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), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (CLR), NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Skyworks Solutions (SWKS), Bank of America (BAC), Walt Disney (DIS), Netflix (NFLX), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

Western Alliance Bancorporation's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (2.34%), Victory Capital Management Inc. (2.27%), Victory Capital Management Inc. (2.12%), Goldman Sachs Group Inc. (1.79%), Schroder Investment Management Group (1.54%) and FMR LLC (1.46%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Dale Gibbons, Donald D Snyder, Gerald A Cady, Kenneth Vecchione, Marianne Boyd Johnson, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan, Sung Won Sohn, Todd Marshall 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 NWQ Investment Management Company LLC, Endeavour Capital Advisors Inc., Point72 Asset Management L.P., FSI Group LLC, Barclays PLC, Penn Capital Management Co. Inc., Alliancebernstein L.P. and William Blair Investment Management LLC. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan and Todd Marshall. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Lord Abbett & CO. LLC, FMR LLC, CIBC Private Wealth Group LLC, Strycker View Capital LLC, Fiera Capital Corp and Bank of New York Mellon Corp. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Dale Gibbons, Kenneth Vecchione, Michael Patriarca 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 $57.12.

Western Alliance Bancorporation has a market capitalization of $5.86 billion and generates $1.29 billion in revenue each year. The financial services provider earns $499.17 million in net income (profit) each year or $4.84 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]