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

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, October 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.25 per share on Friday, November 29th. This represents a $1.00 annualized dividend and a yield of 1.74%. The ex-dividend date is Thursday, November 14th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) posted its earnings results on Thursday, January, 23rd. The financial services provider reported $1.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.20 by $0.05. The financial services provider earned $287.50 million during the quarter, compared to analysts' expectations of $289.11 million. Western Alliance Bancorporation had a net margin of 38.69% and a return on equity of 17.63%. Western Alliance Bancorporation's revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 earnings per share. View Western Alliance Bancorporation's Earnings History.

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for Western Alliance Bancorporation.

6 equities research analysts have issued 1-year price targets for Western Alliance Bancorporation's shares. Their forecasts range from $55.00 to $62.00. On average, they expect Western Alliance Bancorporation's stock price to reach $57.80 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Western Alliance Bancorporation.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Alliance Bancorporation.

News stories about WAL stock have trended extremely negative on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. 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 news sentiment score of -4.5 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,580,000 shares, an increase of 15.2% from the December 15th total of 2,240,000 shares. Based on an average trading volume of 655,200 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.7% of the shares of the company are sold short. View Western Alliance Bancorporation's Current Options Chain.

Some companies that are related to Western Alliance Bancorporation include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (Clr), NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Skyworks Solutions (SWKS), Bank of America (BAC), Walt Disney (DIS), Applied Materials (AMAT), Gilead Sciences (Gild) and Lam Research (LRCX).

Western Alliance Bancorporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.45%), Mountain Pacific Investment Advisers Inc. ID (0.32%), AMI Asset Management Corp (0.11%), DNB Asset Management AS (0.07%), Strs Ohio (0.07%) and Tealwood Asset Management Inc. (0.05%). 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, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Sung Won Sohn, Todd Marshall 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 Janney Montgomery Scott LLC, Wedbush Securities Inc., Weatherly Asset Management L. P., Tealwood Asset Management Inc., Campbell & CO Investment Adviser LLC, Sippican Capital Advisors and Enterprise Trust & Investment Co. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Bruce D Beach, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan and Todd Marshall. View Insider Buying and Selling for Western Alliance Bancorporation.

WAL stock was bought by a variety of institutional investors in the last quarter, including AMI Asset Management Corp, Strs Ohio, Artemis Investment Management LLP, Mountain Pacific Investment Advisers Inc. ID, Cerebellum GP LLC, Brasada Capital Management LP, Arden Trust Co and DNB Asset Management AS. 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 $57.49.

Western Alliance Bancorporation has a market capitalization of $5.90 billion and generates $1.29 billion in revenue each year. The financial services provider earns $435.79 million in net income (profit) each year or $4.84 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]