Zacks Research Forecasts WaFd's Q2 Earnings (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD - Free Report) - Zacks Research reduced their Q2 2026 EPS estimates for WaFd in a note issued to investors on Thursday, February 6th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $0.80 per share for the quarter, down from their previous estimate of $0.82. The consensus estimate for WaFd's current full-year earnings is $2.58 per share. Zacks Research also issued estimates for WaFd's Q4 2026 earnings at $0.74 EPS and FY2026 earnings at $3.03 EPS.

WAFD has been the topic of a number of other reports. Keefe, Bruyette & Woods dropped their price objective on shares of WaFd from $42.00 to $34.00 and set a "market perform" rating on the stock in a report on Tuesday, January 21st. Stephens reissued an "equal weight" rating and set a $38.00 price objective on shares of WaFd in a report on Friday, January 17th. DA Davidson lowered shares of WaFd from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $35.00 to $32.00 in a report on Thursday, February 6th. StockNews.com raised shares of WaFd from a "sell" rating to a "hold" rating in a report on Tuesday, November 12th. Finally, Piper Sandler dropped their price objective on shares of WaFd from $37.00 to $31.00 and set a "neutral" rating on the stock in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $33.75.

WaFd Stock Up 1.7 %

NASDAQ WAFD traded up $0.49 on Monday, hitting $29.95. The stock had a trading volume of 386,657 shares, compared to its average volume of 535,281. The business's fifty day moving average price is $31.91 and its 200 day moving average price is $34.13. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.04 and a quick ratio of 1.08. WaFd has a 52-week low of $25.78 and a 52-week high of $38.62. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 13.80 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WAFD. CIBC Asset Management Inc raised its position in shares of WaFd by 4.8% in the fourth quarter. CIBC Asset Management Inc now owns 7,424 shares of the bank's stock worth $239,000 after acquiring an additional 338 shares during the period. Cooper Financial Group raised its position in shares of WaFd by 3.2% in the fourth quarter. Cooper Financial Group now owns 11,134 shares of the bank's stock worth $359,000 after acquiring an additional 345 shares during the period. Harbour Investments Inc. raised its position in shares of WaFd by 29.6% in the fourth quarter. Harbour Investments Inc. now owns 1,752 shares of the bank's stock worth $56,000 after acquiring an additional 400 shares during the period. CANADA LIFE ASSURANCE Co raised its position in shares of WaFd by 0.4% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 98,124 shares of the bank's stock worth $3,162,000 after acquiring an additional 433 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of WaFd by 1.1% in the third quarter. D.A. Davidson & CO. now owns 41,400 shares of the bank's stock worth $1,443,000 after acquiring an additional 437 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

WaFd Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from WaFd's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 3.61%. WaFd's payout ratio is currently 47.93%.

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.