With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.2 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $77.14 whereas the lowest price it dropped to was $74.805. The 52-week range on WAL shows that it touched its highest point at $98.10 and its lowest point at $53.75 during that stretch. It currently has a 1-year price target of $106.46. With its current market cap of 8.48 billion, WAL has annualized dividend of $1.50 while the current yield stands at 1.95%. WAL paid its most recent dividend on 1739491200, while the ex-dividend date for that was 1739491200. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WAL was up-trending over the past week, with a rise of 1.29%, but this was down by -16.43% over a month. Three-month performance dropped to -14.40% while six-month performance fell -6.76%. The stock gained 32.42% in the past year, while it has lost -8.09% so far this year. A look at the trailing 12-month EPS for WAL yields 7.09 with Next year EPS estimates of 10.62. For the next quarter, that number is 1.80. This implies an EPS growth rate of 24.26% for this year and 20.56% for next year. EPS is expected to grow by 19.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.93%.
Float and Shares Shorts:
At present, 110.05 million WAL shares are outstanding with a float of 108.75 million shares on hand for trading. On 2025-02-28, short shares totaled 5.84 million, which was 529.0 higher than short shares on 1738281600. In addition to Mr. Dale M. Gibbons CPA as the firm’s Interim CEO, CFO, Vice Chairman, & Executive VP, Mr. Kenneth A. Vecchione serves as its CEO, President & Director (Leave Of Absense).
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WAL since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WAL analysts setting a high price target of 118.0 and a low target of 95.0, the average target price over the next 12 months is 106.35714. Based on these targets, WAL could surge 53.69% to reach the target high and rise by 23.73% to reach the target low. Reaching the average price target will result in a growth of 38.52% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.13372 being high and $6.94521 being low. For WAL, this leads to a yearly average estimate of $7.05435. Based on analyst estimates, the high estimate for the next quarter is $2.22 and the low estimate is $1.98. The average estimate for the next quarter is thus $2.11.
