NYSE:WALWestern Alliance Bancorporation Stock Price, Forecast & News

Western Alliance Bancorporation's stock was trading at $32.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WAL shares have increased by 3.6% and is now trading at $33.51. View which stocks have been most impacted by Coronavirus.

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Western Alliance Bancorporation.

Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Western Alliance Bancorporation.

Western Alliance Bancorporation will be holding an earnings conference call on Thursday, July 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Western Alliance Bancorporation (NYSE:WAL) announced its quarterly earnings results on Thursday, April, 16th. The financial services provider reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.11. The financial services provider earned $285.40 million during the quarter, compared to analysts' expectations of $287.33 million. Western Alliance Bancorporation had a net margin of 35.68% and a return on equity of 15.69%. The business's quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 earnings per share. View Western Alliance Bancorporation's earnings history.

Western Alliance Bancorporation declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.25 per share on Friday, May 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Thursday, May 14th. View Western Alliance Bancorporation's dividend history.

9 equities research analysts have issued 12-month price targets for Western Alliance Bancorporation's shares. 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 twelve months. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for Western Alliance Bancorporation.

Media coverage about WAL stock has been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Western Alliance Bancorporation earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Western Alliance Bancorporation.

Western Alliance Bancorporation saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,380,000 shares, an increase of 23.4% from the May 31st total of 2,740,000 shares. Based on an average daily volume of 1,330,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 3.6% of the shares of the company are short sold. View Western Alliance Bancorporation's Current Options Chain.

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), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Continental Resources (CLR), Walt Disney (DIS), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Paypal (PYPL), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Trade Desk (TTD) and Zynga (ZNGA).

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 retail and institutional investors. Top institutional investors include Mountain Pacific Investment Advisers Inc. ID (0.34%), Envestnet Asset Management Inc. (0.23%) and DNB Asset Management AS (0.09%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Dale Gibbons, Donald D Snyder, 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 Envestnet Asset Management Inc., and Mountain Pacific Investment Advisers Inc. ID. 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 purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS. 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 $33.51.

Western Alliance Bancorporation has a market capitalization of $3.38 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]