NYSE:WAL

Western Alliance Bancorporation Stock Forecast, Price & News

$97.08
+0.58 (+0.60 %)
(As of 09/22/2021 04:00 PM ET)
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Today's Range
$97.05
$98.88
50-Day Range
$90.02
$102.51
52-Week Range
$30.34
$109.84
Volume446,317 shs
Average Volume730,914 shs
Market Capitalization$10.12 billion
P/E Ratio13.19
Dividend Yield1.45%
Beta1.69
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Western Alliance Bancorporation logo

About Western Alliance Bancorporation

Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial; Consumer Related, and Corporate and Other. The Commercial segment focuses in delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the Company's investment portfolio, Corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.

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MarketRank

Overall MarketRank

2.90 out of 5 stars

Finance Sector

61st out of 1,332 stocks

State Commercial Banks Industry

10th out of 232 stocks

Analyst Opinion: 1.5Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
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Western Alliance Bancorporation (NYSE:WAL) Frequently Asked Questions

Is Western Alliance Bancorporation a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Western Alliance Bancorporation stock.
View analyst ratings for Western Alliance Bancorporation
or view top-rated stocks.

What stocks does MarketBeat like better than Western Alliance Bancorporation?

Wall Street analysts have given Western Alliance Bancorporation a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Western Alliance Bancorporation wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Western Alliance Bancorporation?

Western Alliance Bancorporation saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,350,000 shares, a drop of 26.2% from the August 15th total of 1,830,000 shares. Based on an average trading volume of 646,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the company are short sold.
View Western Alliance Bancorporation's Short Interest
.

When is Western Alliance Bancorporation's next earnings date?

Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Western Alliance Bancorporation
.

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) released its quarterly earnings results on Wednesday, July, 14th. The financial services provider reported $2.17 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.15. The financial services provider earned $506.50 million during the quarter, compared to analysts' expectations of $494.56 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 21.08% and a net margin of 47.52%. During the same period in the prior year, the company posted $0.93 earnings per share.
View Western Alliance Bancorporation's earnings history
.

How has Western Alliance Bancorporation's stock been impacted by COVID-19 (Coronavirus)?

Western Alliance Bancorporation's stock was trading at $32.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WAL stock has increased by 200.0% and is now trading at $97.08.
View which stocks have been most impacted by COVID-19
.

How often does Western Alliance Bancorporation pay dividends? What is the dividend yield for Western Alliance Bancorporation?

Western Alliance Bancorporation declared a quarterly dividend on Tuesday, July 27th. Investors of record on Friday, August 13th will be given a dividend of $0.35 per share on Friday, August 27th. This represents a $1.40 annualized dividend and a yield of 1.44%. The ex-dividend date is Thursday, August 12th. This is a positive change from Western Alliance Bancorporation's previous quarterly dividend of $0.25.
View Western Alliance Bancorporation's dividend history
.

Is Western Alliance Bancorporation a good dividend stock?

Western Alliance Bancorporation pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.45%. Western Alliance Bancorporation does not yet have a strong track record of dividend growth. The dividend payout ratio of Western Alliance Bancorporation is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 15.02% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend.
View Western Alliance Bancorporation's dividend history.

What price target have analysts set for WAL?

8 analysts have issued 1 year price objectives for Western Alliance Bancorporation's shares. Their forecasts range from $50.00 to $120.00. On average, they anticipate Western Alliance Bancorporation's share price to reach $93.64 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Western Alliance Bancorporation
or view top-rated stocks among Wall Street analysts.

Who are Western Alliance Bancorporation's key executives?

Western Alliance Bancorporation's management team includes the following people:
  • Kenneth A. Vecchione, President, Chief Executive Officer & Director
  • Timothy W. Boothe, Chief Operating Officer
  • Dale M. Gibbons, Vice Chairman & Chief Financial Officer
  • Jeffrey Semonovich, Chief Information Officer & Executive VP
  • Randall S. Theisen, Secretary, Executive VP & General Counsel

What is Kenneth A. Vecchione's approval rating as Western Alliance Bancorporation's CEO?

14 employees have rated Western Alliance Bancorporation CEO Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among Western Alliance Bancorporation's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Western Alliance Bancorporation's key competitors?

What other stocks do shareholders of Western Alliance Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include The Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and The Trade Desk (TTD).

What is Western Alliance Bancorporation's stock symbol?

Western Alliance Bancorporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAL."

Who are Western Alliance Bancorporation's major shareholders?

Western Alliance Bancorporation's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (11.36%), Vanguard Group Inc. (8.21%), Capital International Investors (5.37%), BlackRock Inc. (4.16%), Thrivent Financial for Lutherans (3.08%) and Lord Abbett & CO. LLC (2.80%). Company insiders that own Western Alliance Bancorporation stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, James E D V M Nave, Kenneth Vecchione, Leonard M Tannenbaum, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Timothy W Boothe and Todd Marshall.
View institutional ownership trends for Western Alliance Bancorporation
.

Which institutional investors are selling Western Alliance Bancorporation stock?

WAL stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., Lord Abbett & CO. LLC, Epoch Investment Partners Inc., Invesco Ltd., Palisade Capital Management LLC NJ, FMR LLC, and Nuveen Asset Management LLC. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Leonard M Tannenbaum, Robert P Latta, Steven J Hilton, Timothy W Boothe, and Todd Marshall.
View insider buying and selling activity for Western Alliance Bancorporation
or view top insider-selling stocks.

Which institutional investors are buying Western Alliance Bancorporation stock?

WAL stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Millennium Management LLC, Price T Rowe Associates Inc. MD, Vanguard Group Inc., Ceredex Value Advisors LLC, Balyasny Asset Management LLC, CIBC Private Wealth Group LLC, and Weiss Multi Strategy Advisers LLC. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Bryan K Segedi, Dale Gibbons, James E D V M Nave, Kenneth Vecchione, Robert Gary Sarver, and Steven J Hilton.
View insider buying and selling activity for Western Alliance Bancorporation
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Western Alliance Bancorporation's stock price today?

One share of WAL stock can currently be purchased for approximately $97.08.

How much money does Western Alliance Bancorporation make?

Western Alliance Bancorporation has a market capitalization of $10.12 billion and generates $1.33 billion in revenue each year. The financial services provider earns $506.60 million in net income (profit) each year or $5.04 on an earnings per share basis.

How many employees does Western Alliance Bancorporation have?

Western Alliance Bancorporation employs 1,915 workers across the globe.

When was Western Alliance Bancorporation founded?

Western Alliance Bancorporation was founded in 2014.

What is Western Alliance Bancorporation's official website?

The official website for Western Alliance Bancorporation is www.westernalliancebancorp.com.

Where are Western Alliance Bancorporation's headquarters?

Western Alliance Bancorporation is headquartered at ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004.

How can I contact Western Alliance Bancorporation?

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].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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