Western Alliance Bancorporation Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Western Alliance Bancorporation stock.
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Western Alliance Bancorporation saw a increase in short interest in May. As of May 28th, there was short interest totaling 2,630,000 shares, an increase of 55.6% from the May 13th total of 1,690,000 shares. Based on an average daily trading volume, of 721,400 shares, the short-interest ratio is presently 3.6 days. Currently, 2.7% of the company's shares are short sold.
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Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Western Alliance Bancorporation.

Western Alliance Bancorporation (NYSE:WAL) posted its quarterly earnings data on Wednesday, April, 14th. The financial services provider reported $1.90 EPS for the quarter, beating the consensus estimate of $1.47 by $0.43. The financial services provider had revenue of $337 million for the quarter, compared to analysts' expectations of $337.88 million. Western Alliance Bancorporation had a net margin of 44.76% and a trailing twelve-month return on equity of 18.29%. During the same quarter in the previous year, the company posted $0.83 EPS.
View Western Alliance Bancorporation's earnings history.

Western Alliance Bancorporation's stock was trading at $32.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WAL shares have increased by 192.2% and is now trading at $94.56.
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Western Alliance Bancorporation announced a quarterly dividend on Tuesday, April 27th. Shareholders of record on Friday, May 14th will be given a dividend of $0.25 per share on Friday, May 28th. This represents a $1.00 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Thursday, May 13th.
View Western Alliance Bancorporation's dividend history.

Western Alliance Bancorporation pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.05%. Western Alliance Bancorporation does not yet have a strong track record of dividend growth. The dividend payout ratio of Western Alliance Bancorporation is 19.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 10.94% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend.
View Western Alliance Bancorporation's dividend history.

10 Wall Street analysts have issued 1-year target prices for Western Alliance Bancorporation's stock. Their forecasts range from $50.00 to $120.00. On average, they expect Western Alliance Bancorporation's stock price to reach $94.33 in the next year. This suggests that the stock has a possible downside of 0.2%.
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14 employees have rated Western Alliance Bancorporation CEO Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among Western Alliance Bancorporation's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Western Alliance Bancorporation include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH) and First Citizens BancShares (FCNCA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include The Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and The Trade Desk (TTD).

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

Western Alliance Bancorporation's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (11.09%), BlackRock Inc. (4.32%), Capital International Investors (4.00%), Lord Abbett & CO. LLC (3.27%), Thrivent Financial for Lutherans (3.07%) and Clearbridge Investments LLC (2.41%). Company insiders that own Western Alliance Bancorporation stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, James E D V M Nave, Kenneth Vecchione, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Timothy W Boothe and Todd Marshall.
View institutional ownership trends for Western Alliance Bancorporation.

WAL stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Arrowstreet Capital Limited Partnership, Nuveen Asset Management LLC, Fiera Capital Corp, Glenmede Trust Co. NA, TD Asset Management Inc., William Blair Investment Management LLC, and LSV Asset Management. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Robert P Latta, Steven J Hilton, Timothy W Boothe, and Todd Marshall.
View insider buying and selling activity for Western Alliance Bancorporation or view top insider-selling stocks.

WAL stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Lord Abbett & CO. LLC, Capital International Investors, CIBC Private Wealth Group LLC, Westwood Holdings Group Inc., Bank of Montreal Can, Goldman Sachs Group Inc., and Carlson Capital L P. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Bryan K Segedi, Dale Gibbons, James E D V M Nave, and Kenneth Vecchione.
View insider buying and selling activity for Western Alliance Bancorporation or or view top insider-buying stocks.

Shares of WAL 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.
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One share of WAL stock can currently be purchased for approximately $94.56.

Western Alliance Bancorporation has a market capitalization of $9.78 billion and generates $1.33 billion in revenue each year. The financial services provider earns $506.60 million in net income (profit) each year or $5.04 on an earnings per share basis.

Western Alliance Bancorporation employs 1,915 workers across the globe.

Western Alliance Bancorporation was founded in 2014.

The official website for Western Alliance Bancorporation is www.westernalliancebancorp.com.

Western Alliance Bancorporation is headquartered at ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004.

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]