Western Alliance Bancorporation Stock Forecast, Price & News

Western Alliance Bancorporation's stock was trading at $32.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WAL shares have decreased by 4.8% and is now trading at $30.82.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Western Alliance Bancorporation.

Western Alliance Bancorporation (NYSE:WAL) released its quarterly earnings data on Thursday, July, 16th. The financial services provider reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.24. The financial services provider earned $319.67 million during the quarter, compared to analyst estimates of $305.38 million. Western Alliance Bancorporation had a net margin of 32.82% and a return on equity of 14.37%.
View Western Alliance Bancorporation's earnings history.

Western Alliance Bancorporation announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.25 per share on Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, August 13th.
View Western Alliance Bancorporation's dividend history.

8 Wall Street analysts have issued 12 month price objectives for Western Alliance Bancorporation's stock. Their forecasts range from $33.00 to $62.00. On average, they anticipate Western Alliance Bancorporation's stock price to reach $42.88 in the next year. This suggests a possible upside of 39.1% from the stock's current price.
View analysts' price targets for Western Alliance Bancorporation.

Some companies that are related to Western Alliance Bancorporation include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.17%), Thrivent Financial for Lutherans (2.85%), Macquarie Group Ltd. (2.55%), Victory Capital Management Inc. (1.98%), FMR LLC (1.90%) and Goldman Sachs Group Inc. (1.87%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Dale Gibbons, James E D V M Nave, Kenneth Vecchione, Marianne Boyd Johnson, Michael Patriarca, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan, 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 Nuveen Asset Management LLC, Victory Capital Management Inc., Public Employees Retirement Association of Colorado, Davis Capital Partners LLC, Fort Washington Investment Advisors Inc. OH, Vanguard Group Inc., AQR Capital Management LLC, and Glenmede Trust Co. NA. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, and Todd Marshall.
View insider buying and selling activity for Western Alliance Bancorporation.

WAL stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Thrivent Financial for Lutherans, Holocene Advisors LP, MERIAN GLOBAL INVESTORS UK Ltd, Macquarie Group Ltd., LSV Asset Management, Global Frontier Investments LLC, and Strs Ohio. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Dale Gibbons, James E D V M Nave, Kenneth Vecchione, Michael Patriarca, and William S Boyd.
View insider buying and selling activity 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 $30.82.

Western Alliance Bancorporation has a market capitalization of $3.11 billion and generates $1.29 billion in revenue each year. The financial services provider earns $499.17 million in net income (profit) each year or $4.84 on an earnings per share basis. Western Alliance Bancorporation employs 1,835 workers across the globe.

The official website for Western Alliance Bancorporation is 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]