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. Stockholders 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 dividend yield of 1.76%. The ex-dividend date is Thursday, November 14th. View Western Alliance Bancorporation's Dividend History.

Western Alliance Bancorporation (NYSE:WAL) posted its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $1.25 EPS for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.05. The financial services provider had revenue of $287.50 million for 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%. The business's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last 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.

7 brokers have issued 1 year target prices for Western Alliance Bancorporation's shares. Their forecasts range from $55.00 to $62.00. On average, they expect Western Alliance Bancorporation's share price to reach $57.80 in the next year. This suggests a possible upside of 1.5% 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.

Headlines about WAL stock have been trending very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Alliance Bancorporation earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Western Alliance Bancorporation.

Western Alliance Bancorporation saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,580,000 shares, an increase of 15.2% from the December 31st total of 2,240,000 shares. Based on an average daily volume of 643,500 shares, the short-interest ratio is presently 4.0 days. Currently, 2.7% of the company's stock 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), First Republic Bank (FRC), KeyCorp (KEY), 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 number of of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.45%), Mountain Pacific Investment Advisers Inc. ID (0.32%), California Public Employees Retirement System (0.25%), AMI Asset Management Corp (0.11%), DNB Asset Management AS (0.07%) and Strs Ohio (0.07%). 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 Virginia Retirement Systems ET AL, First Quadrant L P CA, TCI Wealth Advisors Inc., Janney Montgomery Scott LLC, Wedbush Securities Inc., Weatherly Asset Management L. P., Tealwood Asset Management Inc. and Campbell & CO Investment Adviser LLC. 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 acquired by a variety of institutional investors in the last quarter, including AMI Asset Management Corp, Strs Ohio, Artemis Investment Management LLP, California Public Employees Retirement System, Hotaling Investment Management LLC, Dupont Capital Management Corp, Mountain Pacific Investment Advisers Inc. ID and Cerebellum GP LLC. 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 $56.97.

Western Alliance Bancorporation has a market capitalization of $5.85 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 1,787 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]