NYSE:WAL Western Alliance Bancorporation - WAL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Alliance Bancorporation Please log in to your account or sign up in order to add this asset to your watchlist. $78.33 -2.27 (-2.82%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$77.88▼$80.3050-Day Range$56.48▼$80.6052-Week Range$54.86▼$102.97Volume1.10 million shsAverage Volume1.04 million shsMarket Capitalization$8.53 billionP/E Ratio8.08Dividend Yield1.88%Price Target$86.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Western Alliance Bancorporation MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.7% Upside$86.75 Price TargetShort InterestHealthy3.03% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.38Upright™ Environmental ScoreNews Sentiment0.51Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth9.87%From $10.44 to $11.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.79 out of 5 starsFinance Sector256th out of 865 stocksState Commercial Banks Industry58th out of 186 stocks 2.3 Analyst's Opinion Consensus RatingWestern Alliance Bancorporation has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $86.75, Western Alliance Bancorporation has a forecasted upside of 10.7% from its current price of $78.33.Amount of Analyst CoverageWestern Alliance Bancorporation has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.03% of the outstanding shares of Western Alliance Bancorporation have been sold short.Short Interest Ratio / Days to CoverWestern Alliance Bancorporation has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Alliance Bancorporation has recently increased by 16.61%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldWestern Alliance Bancorporation pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWestern Alliance Bancorporation has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Western Alliance Bancorporation is 14.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 12.55% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWestern Alliance Bancorporation has received a 38.54% net impact score from Upright. Western Alliance Bancorporation seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Retirement saving services", "Commercial deposit accounts", "Cash withdrawal services", "Corporate credit granting", "Mortgages provided by brick and mortar banks", and "Online banking" products. See details.Environmental SustainabilityThe Environmental Impact score for Western Alliance Bancorporation is -0.38. Previous Next 3.1 News and Social Media Coverage News SentimentWestern Alliance Bancorporation has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Western Alliance Bancorporation this week, compared to 2 articles on an average week.Search Interest12 people have searched for WAL on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows5 people have added Western Alliance Bancorporation to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Alliance Bancorporation insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.57% of the stock of Western Alliance Bancorporation is held by insiders.Percentage Held by Institutions84.68% of the stock of Western Alliance Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Western Alliance Bancorporation are expected to grow by 9.87% in the coming year, from $10.44 to $11.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Alliance Bancorporation is 8.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Alliance Bancorporation is 8.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 185.52.Price to Earnings Growth RatioWestern Alliance Bancorporation has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestern Alliance Bancorporation has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Alliance Bancorporation (NYSE:WAL) StockWestern Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.Read More Receive WAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Alliance Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WAL Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Expected to Post Q2 2023 Earnings of $2.55 Per ShareJanuary 31, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Forecasted to Post Q1 2023 Earnings of $2.53 Per ShareFebruary 4, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 30, 2023 | finance.yahoo.comThe Morgage Meltdown Doesn't Appear to Impact Western Alliance's EarningsJanuary 29, 2023 | americanbankingnews.comJefferies Financial Group Comments on Western Alliance Bancorporation's Q1 2023 Earnings (NYSE:WAL)January 28, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Western Alliance Bancorporation (NYSE:WAL) Cut by AnalystJanuary 27, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) PT Raised to $86.00January 27, 2023 | americanbankingnews.comWedbush Comments on Western Alliance Bancorporation's Q2 2023 Earnings (NYSE:WAL)February 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 27, 2023 | americanbankingnews.comDA Davidson Comments on Western Alliance Bancorporation's Q1 2023 Earnings (NYSE:WAL)January 26, 2023 | seekingalpha.comWestern Alliance: Wall Street Takes A Cautious Stance As Credit And Rates EvolveJanuary 26, 2023 | finance.yahoo.comWestern Alliance Bancorporation (NYSE:WAL) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | americanbankingnews.comWestern Alliance Bancorporation (NYSE:WAL) Announces Quarterly Earnings ResultsJanuary 17, 2023 | finance.yahoo.comWestern Alliance Bancorporation Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and WebcastJanuary 14, 2023 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Western Alliance (WAL)January 9, 2023 | bizjournals.comWestern Alliance Bank picks Ohio town for $2.2M tech hubJanuary 9, 2023 | finance.yahoo.comWestern Alliance Bank picks Westerville for $2.2M tech hub, 150 jobsDecember 27, 2022 | finance.yahoo.comShareholders in Western Alliance Bancorporation (NYSE:WAL) are in the red if they invested a year agoDecember 8, 2022 | finance.yahoo.comWestern Alliance Bancorporation Adds New Members to Board of DirectorsNovember 16, 2022 | finance.yahoo.comWith EPS Growth And More, Western Alliance Bancorporation (NYSE:WAL) Makes An Interesting CaseOctober 25, 2022 | finance.yahoo.comWestern Alliance to Participate in BancAnalysts Association of Boston ConferenceOctober 21, 2022 | seekingalpha.comWestern Alliance Bancorporation gains despite Q3 earnings missOctober 20, 2022 | finance.yahoo.comWestern Alliance (WAL) Lags Q3 Earnings and Revenue EstimatesOctober 20, 2022 | finance.yahoo.comWestern Alliance Bancorporation Reports Third Quarter 2022 Financial ResultsOctober 15, 2022 | finance.yahoo.comWestern Alliance Bancorporation (NYSE:WAL) insiders placed bullish bets worth US$3.7m in the last 12 monthsOctober 13, 2022 | nasdaq.comRelative Strength Alert For Western Alliance BancorporationOctober 11, 2022 | finance.yahoo.comWestern Alliance Bancorporation Announces Third Quarter 2022 Earnings Release Date, Conference Call and WebcastSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WAL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Alliance Bancorporation and its competitors with MarketBeat's FREE daily newsletter. Email Address WAL Company Calendar Ex-Dividend for 12/2 Dividend11/17/2022Dividend Payable12/02/2022Last Earnings1/25/2023Today2/04/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:WAL CUSIP95763810 CIK1212545 Webwww.westernalliancebancorp.com Phone(602) 389-3500Fax479-277-1830Employees3,139Year Founded1994Price Target and Rating Average Stock Price Forecast$86.75 High Stock Price Forecast$105.00 Low Stock Price Forecast$65.00 Forecasted Upside/Downside+10.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$9.70 Trailing P/E Ratio8.08 Forward P/E Ratio7.50 P/E Growth0.75Net Income$1.06 billion Net Margins34.94% Pretax Margin47.42% Return on Equity22.42% Return on Assets1.62% Debt Debt-to-Equity Ratio1.53 Current Ratio1.00 Quick Ratio0.96 Sales & Book Value Annual Sales$2.30 billion Price / Sales3.71 Cash Flow$9.23 per share Price / Cash Flow8.49 Book Value$44.80 per share Price / Book1.75Miscellaneous Outstanding Shares108,912,000Free Float106,113,000Market Cap$8.53 billion OptionableOptionable Beta1.43 Social Links Key ExecutivesKenneth A. VecchionePresident, Chief Executive Officer & DirectorTimothy W. BootheChief Operating OfficerDale M. GibbonsVice Chairman & Chief Financial OfficerJeffrey SemonovichChief Information Officer & Executive VPRandall S. TheisenSecretary, Chief Legal Officer & Executive VPKey CompetitorsCommerce BancsharesNASDAQ:CBSHSignature BankNASDAQ:SBNYProsperity BancsharesNYSE:PBSouthStateNASDAQ:SSBWintrust FinancialNASDAQ:WTFCView All CompetitorsInsiders & InstitutionsRiver Oaks Capital LLCSold 4,100 shares on 2/3/2023Ownership: 0.055%Fiducient Advisors LLCBought 7,325 shares on 2/3/2023Ownership: 0.007%Leeward Investments LLC MASold 5,355 shares on 2/2/2023Ownership: 0.580%Nisa Investment Advisors LLCBought 1,374 shares on 2/2/2023Ownership: 0.012%ProShare Advisors LLCBought 1,052 shares on 2/2/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions WAL Stock - Frequently Asked Questions Should I buy or sell Western Alliance Bancorporation stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WAL shares. View WAL analyst ratings or view top-rated stocks. What is Western Alliance Bancorporation's stock price forecast for 2023? 4 Wall Street analysts have issued 1 year price targets for Western Alliance Bancorporation's stock. Their WAL share price forecasts range from $65.00 to $105.00. On average, they expect the company's stock price to reach $86.75 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View analysts price targets for WAL or view top-rated stocks among Wall Street analysts. How have WAL shares performed in 2023? Western Alliance Bancorporation's stock was trading at $59.56 at the start of the year. Since then, WAL shares have increased by 31.5% and is now trading at $78.33. View the best growth stocks for 2023 here. Are investors shorting Western Alliance Bancorporation? Western Alliance Bancorporation saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 2,830,000 shares, an increase of 105.1% from the December 15th total of 1,380,000 shares. Based on an average trading volume of 935,600 shares, the short-interest ratio is currently 3.0 days. View Western Alliance Bancorporation's Short Interest. When is Western Alliance Bancorporation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our WAL earnings forecast. How were Western Alliance Bancorporation's earnings last quarter? Western Alliance Bancorporation (NYSE:WAL) released its quarterly earnings data on Wednesday, January, 25th. The financial services provider reported $2.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.67. The financial services provider had revenue of $701.20 million for the quarter, compared to the consensus estimate of $733.13 million. Western Alliance Bancorporation had a net margin of 34.94% and a trailing twelve-month return on equity of 22.42%. The company's revenue was up 25.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.32 EPS. How often does Western Alliance Bancorporation pay dividends? What is the dividend yield for Western Alliance Bancorporation? Western Alliance Bancorporation declared a quarterly dividend on Wednesday, October 26th. Investors of record on Friday, November 18th will be paid a dividend of $0.36 per share on Friday, December 2nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Thursday, November 17th. Read our dividend analysis for WAL. Is Western Alliance Bancorporation a good dividend stock? Western Alliance Bancorporation (NYSE:WAL) pays an annual dividend of $1.44 per share and currently has a dividend yield of 1.88%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAL will have a dividend payout ratio of 12.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WAL. What is Kenneth A. Vecchione's approval rating as Western Alliance Bancorporation's CEO? 14 employees have rated Western Alliance Bancorporation Chief Executive Officer Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among the company's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Western Alliance Bancorporation own? Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Block (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and Trade Desk (TTD). What is Western Alliance Bancorporation's stock symbol? Western Alliance Bancorporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAL." Who are Western Alliance Bancorporation's major shareholders? Western Alliance Bancorporation's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.98%), Leeward Investments LLC MA (0.58%), Bank of Montreal Can (0.57%), Artemis Investment Management LLP (0.44%), New York State Common Retirement Fund (0.41%) and Mountain Pacific Investment Advisers Inc. ID (0.29%). Insiders that own company stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, Donald D Snyder, J Kelly Jr Ardrey, James E D V M Nave, Kenneth Vecchione, Leonard M Tannenbaum, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Steven J Hilton, Timothy W Boothe and Todd Marshall. View institutional ownership trends. How do I buy shares of Western Alliance Bancorporation? Shares of WAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Western Alliance Bancorporation's stock price today? One share of WAL stock can currently be purchased for approximately $78.33. How much money does Western Alliance Bancorporation make? Western Alliance Bancorporation (NYSE:WAL) has a market capitalization of $8.53 billion and generates $3.02 billion in revenue each year. The financial services provider earns $1.06 billion in net income (profit) each year or $9.70 on an earnings per share basis. How many employees does Western Alliance Bancorporation have? The company employs 3,139 workers across the globe. Does Western Alliance Bancorporation have any subsidiaries? The following companies are subsidiares of Western Alliance Bancorporation: AmeriHome Mortgage Company, AmeriHome Mortgage Company LLC, BW Real Estate Inc., BankWest Nevada Capital Trust II, Bridge Bank, Bridge Capital Holdings Trust I, Bridge Capital Holdings Trust II, CS Insurance Co., Digital Disbursements, First Independent Statutory Trust I, Helios Prime Inc., Intermountain First Statutory Trust I, Las Vegas Sunset Properties, WA PWI LLC, WAL Statutory Trust No. 2, WAL Statutory Trust No. 3, WAL Trust No. 1, Western Alliance Bank, Western Alliance Business Trust, Western Alliance Equipment Finance LLC, Western Alliance Mortgage Holding Company LLC, Western Finance Company, and Western One LLC.Read More How can I contact Western Alliance Bancorporation? Western Alliance Bancorporation's mailing address is ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004. The official website for the company is www.westernalliancebancorp.com. The financial services provider can be reached via phone at (602) 389-3500, via email at dgibbons@westernalliancebancorp.com, or via fax at 479-277-1830. This page (NYSE:WAL) was last updated on 2/4/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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