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 declared a quarterly dividend on Tuesday, October 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.25 per share on Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, November 14th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) released its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.19 by $0.05. The financial services provider had revenue of $288.90 million for the quarter, compared to analyst estimates of $281.83 million. Western Alliance Bancorporation had a net margin of 39.08% and a return on equity of 17.65%. The firm's revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior 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.

6 brokers have issued 12 month target prices for Western Alliance Bancorporation's stock. Their forecasts range from $55.00 to $62.00. On average, they expect Western Alliance Bancorporation's share price to reach $57.80 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Western Alliance Bancorporation.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Alliance Bancorporation.

News articles about WAL stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of 2.0 on InfoTrie's scale. They also gave media 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 company's share price in the near future. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,580,000 shares, an increase of 15.2% from the December 15th total of 2,240,000 shares. Based on an average daily volume of 655,200 shares, the short-interest ratio is presently 3.9 days. Approximately 2.7% of the company's shares 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), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

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), Applied Materials (AMAT), Gilead Sciences (GILD) and Lam Research (LRCX).

Western Alliance Bancorporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.45%), Mountain Pacific Investment Advisers Inc. ID (0.32%), DNB Asset Management AS (0.07%), Tealwood Asset Management Inc. (0.05%), Sippican Capital Advisors (0.03%) and Brasada Capital Management LP (0.01%). 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, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert P Latta, 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 Janney Montgomery Scott LLC, Wedbush Securities Inc., Tealwood Asset Management Inc., Sippican Capital Advisors and Enterprise Trust & Investment Co. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, 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 Artemis Investment Management LLP, Mountain Pacific Investment Advisers Inc. ID, Cerebellum GP LLC, Brasada Capital Management LP, Arden Trust Co, DNB Asset Management AS and IFP Advisors 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 $57.25.

Western Alliance Bancorporation has a market capitalization of $5.88 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]