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

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

Western Alliance Bancorporation (NYSE:WAL) issued its quarterly earnings data on Thursday, January, 24th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.06 by $0.07. The financial services provider earned $281.97 million during the quarter, compared to analyst estimates of $262.36 million. Western Alliance Bancorporation had a return on equity of 18.22% and a net margin of 40.48%. Western Alliance Bancorporation's quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.85 EPS. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Western Alliance Bancorporation.

9 analysts have issued 12-month price targets for Western Alliance Bancorporation's stock. Their predictions range from $53.00 to $70.00. On average, they expect Western Alliance Bancorporation's stock price to reach $63.6667 in the next year. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Price Targets for Western Alliance Bancorporation.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Alliance Bancorporation.

News headlines about WAL stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Western Alliance Bancorporation earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (Clr), NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), Applied Materials (AMAT), Cisco Systems (CSCO), Paypal (PYPL), Lam Research (LRCX), Netflix (NFLX) and Micron Technology (MU).

Western Alliance Bancorporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.42%), Lord Abbett & CO. LLC (2.56%), Millennium Management LLC (1.40%), Dimensional Fund Advisors LP (1.13%), Victory Capital Management Inc. (1.09%) and Westfield Capital Management Co. LP (1.01%). Company insiders that own Western Alliance Bancorporation stock include Dale Gibbons, Donald D Snyder, Gerald A Cady, J Kelly Jr Ardrey, Kenneth Vecchione, Marianne Boyd Johnson, Merrill Wall, 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 Victory Capital Management Inc., Epoch Investment Partners Inc., Inverness Counsel LLC NY, CIBC Private Wealth Group LLC, KBC Group NV, Principal Financial Group Inc., QS Investors LLC and First Trust Advisors LP. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Gerald A Cady, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan and Sung Won Sohn. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was purchased by a variety of institutional investors in the last quarter, including Davis Capital Partners LLC, Two Sigma Investments LP, Basswood Capital Management L.L.C., Public Employees Retirement Association of Colorado, Fort Washington Investment Advisors Inc. OH, BlackRock Inc., Two Sigma Advisers LP and Citigroup Inc.. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Dale Gibbons, Kenneth Vecchione, Michael Patriarca and Robert P Latta. 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 $46.51.

Western Alliance Bancorporation has a market capitalization of $4.92 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 1,725 workers across the globe.

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]