Western Alliance Bancorp (NYSE:WAL) Shares Are Up 5.10 Percent In A Week – But Can The Gains Continue?

In last trading session, Western Alliance Bancorp (NYSE:WAL) saw 0.81 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $69.70 trading at -$1.1 or -1.55% at ring of the bell on the day assigns it a market valuation of $7.70B. That closing price of WAL’s stock is at a discount of -40.75% from its 52-week high price of $98.10 and is indicating a premium of 18.65% from its 52-week low price of $56.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.35 million shares which gives us an average trading volume of 1.34 million if we extend that period to 3-months.

For Western Alliance Bancorp (WAL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.21. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 2.03 in the current quarter.

Western Alliance Bancorp (NYSE:WAL) trade information

Upright in the red during last session for losing -1.55%, in the last five days WAL remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $69.70 price level, adding 2.95% to its value on the day. Western Alliance Bancorp’s shares saw a change of -16.57% in year-to-date performance and have moved 5.10% in past 5-day. Western Alliance Bancorp (NYSE:WAL) showed a performance of -12.81% in past 30-days. Number of shares sold short was 4.25 million shares which calculate 3.83 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 95.5 to the stock, which implies a rise of 27.02% to its current value. Analysts have been projecting 65 as a low price target for the stock while placing it at a high target of 102. It follows that stock’s current price would jump 6.74% in reaching the projected high whereas dropping to the targeted low would mean a gain of 6.74% for stock’s current value.

Western Alliance Bancorp (WAL) estimates and forecasts

This year revenue growth is estimated to rise 6.99% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 841.35M for the same. And 8 analysts are in estimates of company making revenue of 876.55M in the next quarter. Company posted 771.8M and 823.1M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.93% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 21.81% while estimates for its earnings growth in next 5 years are of 18.28%.

WAL Dividends

Western Alliance Bancorp is more likely to be releasing its next quarterly report on 2025-Apr-20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.15%, the share has a forward dividend of 1.50 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.08%.

Western Alliance Bancorp (NYSE:WAL)’s Major holders

Insiders are in possession of 2.65% of company’s total shares while institution are holding 90.45 percent of that, with stock having share float percentage of 92.91%. Investors also watch the number of corporate investors in a company very closely, which is 90.45% institutions for Western Alliance Bancorp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WAL for having 10.61 million shares of worth $666.64 million. And as of 2024-06-30, it was holding 9.7716 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 5.42 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.9908 of outstanding shares, having a total worth of $340.48 million.

On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.56 shares of worth $248.31 million or 3.23% of the total outstanding shares. The later fund manager was in possession of 3.25 shares on Dec 31, 2024 , making its stake of worth around $226.6 million in the company or a holder of 2.94% of company’s stock.