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NASDAQ:WAFD

WaFd (WAFD) Stock Price, News & Analysis

WaFd logo
$36.50 +0.58 (+1.61%)
(As of 02:50 PM ET)

About WaFd Stock (NASDAQ:WAFD)

Key Stats

Today's Range
$35.99
$36.82
50-Day Range
$33.42
$38.06
52-Week Range
$25.78
$38.58
Volume
95,497 shs
Average Volume
445,184 shs
Market Capitalization
$2.96 billion
P/E Ratio
14.72
Dividend Yield
2.85%
Price Target
$38.00
Consensus Rating
Hold

Company Overview

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. It also provides single-family dwellings, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, as well as commercial and industrial loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies; holds and markets real estate properties; and debit and credit cards, as well as acts as the trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. The company was formerly known as Washington Federal, Inc. and changed its name to WaFd, Inc in September 2023. WaFd, Inc was founded in 1917 and is headquartered in Seattle, Washington.

WaFd Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

WAFD MarketRank™: 

WaFd scored higher than 93% of companies evaluated by MarketBeat, and ranked 110th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    WaFd has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    WaFd has only been the subject of 3 research reports in the past 90 days.

  • Read more about WaFd's stock forecast and price target.
  • Earnings Growth

    Earnings for WaFd are expected to grow by 14.54% in the coming year, from $2.82 to $3.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of WaFd is 14.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of WaFd is 14.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.81.

  • Price to Book Value per Share Ratio

    WaFd has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about WaFd's valuation and earnings.
  • Percentage of Shares Shorted

    1.87% of the outstanding shares of WaFd have been sold short.
  • Short Interest Ratio / Days to Cover

    WaFd has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in WaFd has recently decreased by 31.22%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    WaFd pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    WaFd has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of WaFd is 41.94%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, WaFd will have a dividend payout ratio of 32.20% next year. This indicates that WaFd will be able to sustain or increase its dividend.

  • Read more about WaFd's dividend.
  • Percentage of Shares Shorted

    1.87% of the outstanding shares of WaFd have been sold short.
  • Short Interest Ratio / Days to Cover

    WaFd has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in WaFd has recently decreased by 31.22%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    WaFd has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for WaFd this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for WAFD on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added WaFd to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, WaFd insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $404,360.00 in company stock.

  • Percentage Held by Insiders

    Only 2.25% of the stock of WaFd is held by insiders.

  • Percentage Held by Institutions

    83.71% of the stock of WaFd is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about WaFd's insider trading history.
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WAFD Stock News Headlines

WaFd, Inc (NASDAQ:WAFD) EVP Sells $404,359.56 in Stock
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WaFd, Inc (NASDAQ:WAFD) Short Interest Down 31.2% in October
WaFd (NASDAQ:WAFD) Upgraded at StockNews.com
Zacks Research Weighs in on WaFd's Q2 Earnings (NASDAQ:WAFD)
Piper Sandler Sticks to Their Hold Rating for Washington Federal (WAFD)
See More Headlines

WAFD Stock Analysis - Frequently Asked Questions

WaFd's stock was trading at $32.96 at the start of the year. Since then, WAFD shares have increased by 10.7% and is now trading at $36.50.
View the best growth stocks for 2024 here
.

WaFd, Inc (NASDAQ:WAFD) announced its quarterly earnings results on Thursday, October, 17th. The bank reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.01. The bank had revenue of $389.98 million for the quarter, compared to analysts' expectations of $190.43 million. WaFd had a net margin of 13.97% and a trailing twelve-month return on equity of 9.44%.

Top institutional shareholders of WaFd include State Street Corp (4.89%), Geode Capital Management LLC (2.17%), Systematic Financial Management LP (1.76%) and Charles Schwab Investment Management Inc. (1.51%). Insiders that own company stock include Ryan Mauer, Cathy E Cooper, Randall H Talbot, Kim E Robison, Brent J Beardall, David K Grant, James Endrizzi, Vincent L Beatty and Thomas J Kelley.
View institutional ownership trends
.

Shares of WAFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that WaFd investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), Southern First Bancshares (SFST) and DiamondRock Hospitality (DRH).

Company Calendar

Ex-Dividend for 9/6 Dividend
8/23/2024
Dividend Payable
9/06/2024
Last Earnings
10/17/2024
Today
11/21/2024
Ex-Dividend for 12/6 Dividend
11/22/2024
Dividend Payable
12/06/2024
Next Earnings (Estimated)
1/21/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:WAFD
CUSIP
93882410
Employees
2,120
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$41.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+5.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$200.04 million
Pretax Margin
17.88%

Debt

Sales & Book Value

Annual Sales
$721.83 million
Cash Flow
$4.31 per share
Book Value
$33.25 per share

Miscellaneous

Free Float
79,392,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
0.83

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This page (NASDAQ:WAFD) was last updated on 11/21/2024 by MarketBeat.com Staff
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