WaFd, Inc (NASDAQ:WAFD - Free Report) - Analysts at DA Davidson issued their FY2026 earnings estimates for WaFd in a research note issued on Thursday, December 19th. DA Davidson analyst J. Rulis forecasts that the bank will post earnings of $3.60 per share for the year. DA Davidson has a "Buy" rating and a $41.00 price objective on the stock. The consensus estimate for WaFd's current full-year earnings is $2.82 per share.
WaFd (NASDAQ:WAFD - Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $0.71 EPS for the quarter, beating the consensus estimate of $0.70 by $0.01. The firm had revenue of $389.98 million for the quarter, compared to analyst estimates of $190.43 million. WaFd had a return on equity of 9.44% and a net margin of 13.97%. During the same period in the prior year, the company earned $0.72 EPS.
WAFD has been the subject of several other reports. Piper Sandler cut their price target on shares of WaFd from $36.00 to $35.00 and set a "neutral" rating for the company in a research report on Monday, October 21st. Keefe, Bruyette & Woods restated a "market perform" rating and set a $40.00 target price on shares of WaFd in a report on Monday, October 21st. Finally, StockNews.com upgraded WaFd from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, WaFd currently has an average rating of "Hold" and a consensus price target of $38.00.
Check Out Our Latest Research Report on WAFD
WaFd Trading Down 0.4 %
Shares of WAFD stock traded down $0.14 on Monday, hitting $32.50. 391,837 shares of the company's stock traded hands, compared to its average volume of 447,366. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 13.10 and a beta of 0.84. The company's fifty day simple moving average is $35.55 and its 200 day simple moving average is $33.75. WaFd has a one year low of $25.78 and a one year high of $38.62. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.08.
Hedge Funds Weigh In On WaFd
A number of hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in WaFd by 28.6% in the third quarter. Principal Financial Group Inc. now owns 428,504 shares of the bank's stock worth $14,933,000 after buying an additional 95,251 shares during the last quarter. Franklin Resources Inc. increased its position in shares of WaFd by 6.7% during the third quarter. Franklin Resources Inc. now owns 26,463 shares of the bank's stock valued at $954,000 after acquiring an additional 1,669 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in WaFd by 10.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,958 shares of the bank's stock worth $370,000 after acquiring an additional 913 shares during the last quarter. McIlrath & Eck LLC lifted its position in WaFd by 112.7% in the 3rd quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank's stock valued at $46,000 after acquiring an additional 701 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in WaFd by 10.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,759,135 shares of the bank's stock valued at $61,318,000 after purchasing an additional 159,750 shares during the last quarter. Institutional investors own 83.71% of the company's stock.
Insider Activity
In related news, EVP Ryan Mauer sold 12,132 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $33.33, for a total value of $404,359.56. Following the sale, the executive vice president now owns 100,376 shares in the company, valued at $3,345,532.08. This represents a 10.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.25% of the stock is currently owned by company insiders.
WaFd Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a $0.26 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.04 annualized dividend and a yield of 3.20%. WaFd's dividend payout ratio (DPR) is presently 41.94%.
WaFd Company Profile
(
Get Free Report)
WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
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