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Western Alliance Bancorporation is a banks-regional business based in the US. Western Alliance Bancorporation shares (WAL) are listed on the NYSE and all prices are listed in US Dollars. Western Alliance Bancorporation employs 1,885 staff and has a trailing 12-month revenue of around USD$1 billion.
|Latest market close||USD$56.56|
|52-week range||USD$20.4878 - USD$57.5281|
|50-day moving average||USD$46.9543|
|200-day moving average||USD$39.068|
|Wall St. target price||USD$50.42|
|Dividend yield||USD$1 (1.86%)|
|Earnings per share (TTM)||USD$4.363|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-12)||N/A|
|1 month (2020-12-23)||-6.56%|
|3 months (2020-10-19)||N/A|
|6 months (2020-07-19)||N/A|
|1 year (2020-01-19)||N/A|
|2 years (2019-01-19)||N/A|
|3 years (2018-01-19)||N/A|
|5 years (2016-01-19)||N/A|
Valuing Western Alliance Bancorporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western Alliance Bancorporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Western Alliance Bancorporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Western Alliance Bancorporation shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Western Alliance Bancorporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Western Alliance Bancorporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$1 billion|
|Operating margin TTM||54.34%|
|Gross profit TTM||USD$1.1 billion|
|Return on assets TTM||1.48%|
|Return on equity TTM||14.35%|
|Market capitalisation||USD$5.5 billion|
TTM: trailing 12 months
There are currently 2.8 million Western Alliance Bancorporation shares held short by investors – that's known as Western Alliance Bancorporation's "short interest". This figure is 22.6% up from 2.3 million last month.
There are a few different ways that this level of interest in shorting Western Alliance Bancorporation shares can be evaluated.
Western Alliance Bancorporation's "short interest ratio" (SIR) is the quantity of Western Alliance Bancorporation shares currently shorted divided by the average quantity of Western Alliance Bancorporation shares traded daily (recently around 851099.0797546). Western Alliance Bancorporation's SIR currently stands at 3.26. In other words for every 100,000 Western Alliance Bancorporation shares traded daily on the market, roughly 3260 shares are currently held short.
However Western Alliance Bancorporation's short interest can also be evaluated against the total number of Western Alliance Bancorporation shares, or, against the total number of tradable Western Alliance Bancorporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Western Alliance Bancorporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Western Alliance Bancorporation shares in existence, roughly 30 shares are currently held short) or 0.0285% of the tradable shares (for every 100,000 tradable Western Alliance Bancorporation shares, roughly 29 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Western Alliance Bancorporation.
Find out more about how you can short Western Alliance Bancorporation stock.
Dividend payout ratio: 22.88% of net profits
Recently Western Alliance Bancorporation has paid out, on average, around 22.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western Alliance Bancorporation shareholders could enjoy a 1.86% return on their shares, in the form of dividend payments. In Western Alliance Bancorporation's case, that would currently equate to about $1 per share.
While Western Alliance Bancorporation's payout ratio might seem low, this can signify that Western Alliance Bancorporation is investing more in its future growth.
Western Alliance Bancorporation's most recent dividend payout was on 27 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (the "ex-dividend date").
Over the last 12 months, Western Alliance Bancorporation's shares have ranged in value from as little as $20.4878 up to $57.5281. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Western Alliance Bancorporation's is 1.6845. This would suggest that Western Alliance Bancorporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as Internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. As of December 31, 2018, the company operated 38 branch locations and 11 loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
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