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) announced its quarterly earnings results on Monday, April, 22nd. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.10 by $0.06. The financial services provider earned $259.90 million during the quarter, compared to analyst estimates of $266.48 million. Western Alliance Bancorporation had a return on equity of 18.24% and a net margin of 40.08%. The firm's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.96 EPS. View Western Alliance Bancorporation's Earnings History.

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

7 Wall Street analysts have issued 12 month price targets for Western Alliance Bancorporation's stock. Their predictions range from $53.00 to $67.00. On average, they anticipate Western Alliance Bancorporation's stock price to reach $61.00 in the next year. This suggests a possible upside of 28.7% 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 been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Western Alliance Bancorporation earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock'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), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), Wintrust Financial (WTFC), IBERIABANK (IBKC), First Financial Bankshares (FFIN), Bank Ozk (OZK) and United Bankshares (UBSI).

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), Applied Materials (AMAT), Micron Technology (MU), Alibaba Group (BABA), Paypal (PYPL), Bank of America (BAC), Cisco Systems (CSCO) and Lam Research (LRCX).

Western Alliance Bancorporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Alta Capital Management LLC (0.30%), Pennsylvania Trust Co (0.15%), Pennsylvania Trust Co (0.15%), Chartwell Investment Partners LLC (0.08%), DNB Asset Management AS (0.06%) and Tealwood Asset Management Inc. (0.06%). 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 Peavine Capital LLC, Hennessy Advisors Inc., Aurora Investment Counsel, TCI Wealth Advisors Inc., Foundry Partners LLC, Boston Advisors LLC and BB&T Corp. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, Donald D Snyder, Gerald A Cady, Randall S Theisen, 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 Pennsylvania Trust Co, Pennsylvania Trust Co, DNB Asset Management AS, Tealwood Asset Management Inc., Alta Capital Management LLC, Quantitative Systematic Strategies LLC, Brinker Capital Inc. and Virginia Retirement Systems ET AL. 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 $47.41.

Western Alliance Bancorporation has a market capitalization of $4.95 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.

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]