What is Zacks Research's Forecast for WaFd FY2025 Earnings?

WaFd, Inc (NASDAQ:WAFD - Free Report) - Equities research analysts at Zacks Research decreased their FY2025 EPS estimates for shares of WaFd in a research note issued on Friday, April 4th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $2.56 for the year, down from their prior forecast of $2.57. The consensus estimate for WaFd's current full-year earnings is $2.56 per share. Zacks Research also issued estimates for WaFd's Q1 2026 earnings at $0.72 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.71 EPS, FY2026 earnings at $2.91 EPS and Q1 2027 earnings at $0.73 EPS.

WaFd (NASDAQ:WAFD - Get Free Report) last announced its quarterly earnings results on Friday, April 11th. The bank reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. WaFd had a net margin of 12.66% and a return on equity of 8.78%.

Other research analysts have also issued reports about the company. StockNews.com lowered WaFd from a "hold" rating to a "sell" rating in a report on Friday, April 4th. Piper Sandler dropped their price target on shares of WaFd from $37.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 21st. Stephens reiterated an "equal weight" rating and issued a $38.00 price objective on shares of WaFd in a report on Friday, January 17th. DA Davidson cut WaFd from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $35.00 to $32.00 in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods cut their target price on WaFd from $42.00 to $34.00 and set a "market perform" rating for the company in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $33.75.

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WaFd Stock Performance

WAFD traded up $0.06 during trading hours on Monday, hitting $24.54. The company's stock had a trading volume of 546,870 shares, compared to its average volume of 513,905. The company has a 50-day simple moving average of $28.42 and a 200 day simple moving average of $32.03. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $2.00 billion, a PE ratio of 11.31 and a beta of 0.79. WaFd has a fifty-two week low of $23.75 and a fifty-two week high of $38.62.

WaFd Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.08 annualized dividend and a dividend yield of 4.40%. This is a boost from WaFd's previous quarterly dividend of $0.26. WaFd's payout ratio is currently 49.77%.

Institutional Trading of WaFd

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rhino Investment Partners Inc grew its position in WaFd by 344.3% in the fourth quarter. Rhino Investment Partners Inc now owns 454,343 shares of the bank's stock worth $14,648,000 after buying an additional 352,076 shares during the last quarter. Basswood Capital Management L.L.C. bought a new stake in shares of WaFd during the 4th quarter worth $9,210,000. JPMorgan Chase & Co. grew its holdings in shares of WaFd by 152.9% in the 4th quarter. JPMorgan Chase & Co. now owns 469,704 shares of the bank's stock worth $15,143,000 after acquiring an additional 283,953 shares during the last quarter. American Century Companies Inc. raised its position in shares of WaFd by 15.3% during the fourth quarter. American Century Companies Inc. now owns 1,774,081 shares of the bank's stock worth $57,196,000 after purchasing an additional 234,977 shares during the period. Finally, Norges Bank acquired a new stake in shares of WaFd during the fourth quarter worth $6,539,000. 83.71% of the stock is currently owned by institutional investors.

About WaFd

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.