NYSE:WAL - Western Alliance Bancorporation Stock Price, Price Target & More

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

Western Alliance Bancorporation (NYSE:WAL) posted its quarterly earnings data on Thursday, July, 19th. The financial services provider reported $0.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.01. The financial services provider had revenue of $237.50 million for the quarter, compared to analysts' expectations of $242.86 million. Western Alliance Bancorporation had a return on equity of 16.18% and a net margin of 37.80%. The business's revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.76 EPS. View Western Alliance Bancorporation's Earnings History.

12 Wall Street analysts have issued 12 month target prices for Western Alliance Bancorporation's stock. Their predictions range from $64.00 to $72.00. On average, they expect Western Alliance Bancorporation's stock price to reach $67.9583 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Ratings for Western Alliance Bancorporation.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Western Alliance Bancorporation include Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Associated Banc (ASB), Prosperity Bancshares (PB), Popular (BPOP) and Texas Capital Bancshares (TCBI).

Headlines about WAL stock have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Western Alliance Bancorporation earned a daily sentiment score of 0.12 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.60 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Western Alliance Bancorporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.50%), Mckinley Capital Management LLC Delaware (0.16%), Peavine Capital LLC (0.13%), Foundry Partners LLC (0.04%), Sippican Capital Advisors (0.03%) and Columbia Partners L L C Investment Management (0.03%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Cary Mack, Daniel P Myers, Don Garner, Donald D Snyder, Duane Ralph Froeschle, Gerald A Cady, J Kelly Jr Ardrey, James E D V M Nave, James Harwood Lundy III, M Nafees Nagy, Marianne Boyd Johnson, Merrill Wall, Patricia A Taylor, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Steven J Hilton, 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 Mckinley Capital Management LLC Delaware, Columbia Partners L L C Investment Management, Foundry Partners LLC and Sippican Capital Advisors. 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, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan, Sung Won Sohn and William S Boyd. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Peavine Capital LLC, Sit Investment Associates Inc., Campbell & CO Investment Adviser LLC, Harbour Capital Advisors LLC, Atria Investments LLC, State of Alaska Department of Revenue and Amalgamated Bank. 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 $58.12.

Western Alliance Bancorporation has a market capitalization of $6.07 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.

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]