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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 1,947 staff and has a trailing 12-month revenue of around 0.00.
|52-week range||$26.37 - $107.88|
|50-day moving average||$95.72|
|200-day moving average||$69.07|
|Wall St. target price||$120.17|
|Dividend yield||$1 (1%)|
|Earnings per share (TTM)||$6.12|
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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.
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 18x. In other words, Western Alliance Bancorporation shares trade at around 18x 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||$1.3 billion|
|Operating margin TTM||61.76%|
|Gross profit TTM||$1.1 billion|
|Return on assets TTM||1.7%|
|Return on equity TTM||18.33%|
|Market capitalisation||$11.2 billion|
TTM: trailing 12 months
There are currently 2.1 million Western Alliance Bancorporation shares held short by investors – that's known as Western Alliance Bancorporation's "short interest". This figure is 20.1% up from 1.8 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 832125.98425197). Western Alliance Bancorporation's SIR currently stands at 2.54. In other words for every 100,000 Western Alliance Bancorporation shares traded daily on the market, roughly 2540 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 0.02% of the outstanding shares (for every 100,000 Western Alliance Bancorporation shares in existence, roughly 20 shares are currently held short) or 0.0217% of the tradable shares (for every 100,000 tradable Western Alliance Bancorporation shares, roughly 22 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: 14.59% of net profits
Recently Western Alliance Bancorporation has paid out, on average, around 14.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.99% 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 0.99% 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 4 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 February 2021 (the "ex-dividend date").
Over the last 12 months, Western Alliance Bancorporation's shares have ranged in value from as little as $26.3735 up to $107.878. 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 1.6768. 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 bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in two segments, Commercial and Consumer Related. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. 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. The company operates 38 branch locations, as well as loan production offices.
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