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Western Alliance (WAL)
NYSE:WAL
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WAL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$53.75 - $98.10
Previous CloseN/A
Volume239.58K
Average Volume (3M)1.01M
Market Cap
$9.58B
Enterprise Value$13.42B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$367.94M
Price to Earnings (P/E)13.6
Beta2.10
Next Earnings
Jan 27, 2025EPS Estimate
1.9Last Dividend Ex-Date
Nov 15, 2024Dividend Yield1.7%
Share Statistics
EPS (TTM)6.47
Shares Outstanding110,069,290
10 Day Avg. Volume1,143,802
30 Day Avg. Volume1,013,880
Standard Deviation0.16
R-Squared0.24
Alpha0.00459
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.19
Price to Cash Flow (P/CF)-2.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue4.29
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$105.40Price Target Upside21.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Western Alliance News
PremiumCompany Announcements
Western Alliance CEO Takes Medical Leave; Interim Appointed
Bulls Say, Bears Say
Bulls Say
Balance Sheet And CapitalManagement has successfully repositioned the balance sheet, resulting in a significant improvement in the loan-to-deposit ratio and CET1 capital.
Earnings GrowthWestern Alliance's shares are expected to trade at a slight premium to midcap bank peers due to better-than-expected earnings growth.
Financial PerformanceAverage earning asset growth was stronger than expected, which drove a beat on net interest income.
Bears Say
Deposit GrowthDeposit growth is expected to be negative in the fourth quarter, marking only the third time this has happened in the last decade.
Economic RisksPotential downside risks include a long downturn or recession, which could lead to higher credit costs and weaker loan growth.
Financial GuidanceWestern Alliance reported a mixed quarter and provided a weaker than expected 2024 guidance update.
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Ownership Overview
5.15% Insiders
35.20% Mutual Funds
0.17% Other Institutional Investors
36.86% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WAL FAQ
What was Western Alliance’s price range in the past 12 months?
Western Alliance lowest stock price was $53.75 and its highest was $98.09 in the past 12 months.
What is Western Alliance’s market cap?
Western Alliance’s market cap is $9.58B.
When is Western Alliance’s upcoming earnings report date?
Western Alliance’s upcoming earnings report date is Jan 27, 2025 which is in 9 days.
How were Western Alliance’s earnings last quarter?
Western Alliance released its earnings results on Oct 17, 2024. The company reported $1.8 earnings per share for the quarter, missing the consensus estimate of $1.889 by -$0.089.
Is Western Alliance overvalued?
According to Wall Street analysts Western Alliance’s price is currently Undervalued.
Does Western Alliance pay dividends?
Western Alliance pays a Quarterly dividend of $1.489 which represents an annual dividend yield of 1.7%. See more information on Western Alliance dividends here
What is Western Alliance’s EPS estimate?
Western Alliance’s EPS estimate is 1.9.
How many shares outstanding does Western Alliance have?
Western Alliance has 110,069,290 shares outstanding.
What happened to Western Alliance’s price movement after its last earnings report?
Western Alliance reported an EPS of $1.8 in its last earnings report, missing expectations of $1.889. Following the earnings report the stock price went down -8.928%.
Which hedge fund is a major shareholder of Western Alliance?
Among the largest hedge funds holding Western Alliance’s share is Driehaus Capital Management LLC. It holds Western Alliance’s shares valued at 56M.
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Western Alliance Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$105.40 (21.08% Upside)
$105.40 (21.08% Upside)
Blogger Sentiment
Bullish
WAL Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 327.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $94.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.56%
12-Months-Change
Fundamentals
Return on Equity
11.57%
Trailing 12-Months
Asset Growth
12.96%
Trailing 12-Months
Company Description
Western Alliance
Western Alliance Bancorporation is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services for businesses. It operates through the following business segments: Homeowners Association (HOA) Services; Hotel Franchise Finance (HFF); Public & Nonprofit Finance; Technology and Innovation; Other NBL (National Business Lines); and Corporate and Other. The company was founded in 1995 and is headquartered in Phoenix, AZ.
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WAL Company Deck
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WAL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with significant achievements in deposit and loan growth, strong earnings per share, and improvements in asset quality. However, challenges in net interest margin compression, elevated deposit costs, and declines in mortgage banking income were notable. The sentiment reflects a cautious optimism as the bank navigates a changing rate environment.Read More>---
WAL Stock 12 Month Forecast
Average Price Target
$105.40
▲(21.08% Upside)
Technical Analysis
Zions Bancorporation National Association
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First Republic Bank
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Fifth Third Bancorp
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Regions Financial
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KeyCorp
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Prosperity Bancshares
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Best Analysts Covering WAL
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+32.28%
assigned a buy rating 3 months ago
Copying Gary Tenner's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +32.28% per trade.
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