Western Alliance Bancorporation Stock Price, News & Analysis (NYSE:WAL)

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, July 30th. Investors of record on Friday, August 16th will be given a dividend of $0.25 per share on Friday, August 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, August 15th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) issued its quarterly earnings data on Thursday, July, 18th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.03. The financial services provider had revenue of $267.30 million for the quarter, compared to analysts' expectations of $274.37 million. Western Alliance Bancorporation had a net margin of 39.87% and a return on equity of 17.76%. The firm's revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $0.99 earnings per share. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for Western Alliance Bancorporation.

7 Wall Street analysts have issued 12-month price targets for Western Alliance Bancorporation's shares. Their predictions range from $53.00 to $65.00. On average, they expect Western Alliance Bancorporation's share price to reach $60.00 in the next year. This suggests a possible upside of 30.1% 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 headlines about WAL stock have trended somewhat negative on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Alliance Bancorporation earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,972,600 shares, a drop of 9.6% from the July 31st total of 2,182,700 shares. Based on an average trading volume of 755,100 shares, the short-interest ratio is currently 2.6 days. Currently, 2.1% of the company's stock are sold short. View Western Alliance Bancorporation's Current Options Chain.

Some companies that are related to Western Alliance Bancorporation include Deutsche Bank (DB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Popular (BPOP), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), IBERIABANK (IBKC), United Bankshares (UBSI), Wintrust Financial (WTFC), First Hawaiian (FHB) and Bank Ozk (OZK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (Clr), NVIDIA (NVDA), Skyworks Solutions (SWKS), Alibaba Group (BABA), Bank of America (BAC), Applied Materials (AMAT), Paypal (PYPL), Lam Research (LRCX), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

Western Alliance Bancorporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.07%), Price T Rowe Associates Inc. MD (7.43%), BlackRock Inc. (5.03%), JPMorgan Chase & Co. (2.14%), Schroder Investment Management Group (1.75%) and Davis Capital Partners LLC (1.64%). 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, Marianne Boyd Johnson, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Sung Won Sohn 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 Westwood Holdings Group Inc., Invesco Ltd., Point72 Asset Management L.P., Marshall Wace LLP, Schroder Investment Management Group, Public Employees Retirement System of Ohio, Vanguard Group Inc. and BNP Paribas Arbitrage SA. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, Randall S Theisen, Robert Gary Sarver and Robert Reoch Mcauslan. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Price T Rowe Associates Inc. MD, Victory Capital Management Inc., JPMorgan Chase & Co., Davis Capital Partners LLC, Renaissance Technologies LLC and Rothschild & Co. Asset Management US 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 $46.13.

Western Alliance Bancorporation has a market capitalization of $4.78 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]