What Are The Chances Of Western Alliance Bancorp (NYSE: WAL) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, WAL falls under the Financial sector while operating within the Banks – Regional industry segment. The current market capitalization of Western Alliance Bancorp is $9.34B. A total of 1.26 million shares were traded on the day, compared to an average of 1.46M shares.

In the most recent transaction, LATTA ROBERT P sold 2,955 shares of WAL for 81.12 per share on Sep 13 ’24. After the transaction, the Director now owns 38,621 company shares. In a previous transaction on Sep 13 ’24, ROBERT P. LATTA bought 2,955 shares at 81.12 per share.

Among the insiders who sold shares, LATTA ROBERT P disposed of 2,996 shares on Sep 09 ’24 at a per-share price of $82.75. This resulted in the Director holding 4,056 shares of WAL after the transaction. In another insider transaction, LATTA ROBERT P bought 2,996 shares at $82.75 per share on Sep 09 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Western Alliance Bancorp pays an annual dividend of $1.48, resulting in a dividend yield of 1.74%, and it has a price to earnings (P/E) ratio of 12.78. WAL’s most recent ex-dividend date was 8/16/2024 when it declared a $0.37 quarterly dividend that was paid in cash on 8/30/2024. Previously, the company paid the dividend on 5/31/2024 with an ex-dividend date of 5/15/2024. The WAL stock dividend was $0.37 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, WAL has a high of $88.92 and a low of $38.81.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $54.80, while its Total Shareholder’s Equity was $4.96B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WAL is Buy with a score of 4.65.

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