Zacks Research Has Positive Outlook of WaFd FY2026 Earnings

WaFd, Inc (NASDAQ:WAFD - Free Report) - Stock analysts at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of WaFd in a research note issued on Thursday, January 16th. Zacks Research analyst S. Shah now expects that the bank will post earnings per share of $3.25 for the year, up from their previous forecast of $3.23. The consensus estimate for WaFd's current full-year earnings is $2.82 per share. Zacks Research also issued estimates for WaFd's Q4 2026 earnings at $0.84 EPS.

WaFd (NASDAQ:WAFD - Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.01. The company had revenue of $389.98 million during the quarter, compared to analysts' expectations of $190.43 million. WaFd had a net margin of 13.97% and a return on equity of 9.44%. During the same period last year, the business earned $0.72 EPS.

WAFD has been the subject of several other reports. StockNews.com raised WaFd from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. Keefe, Bruyette & Woods reissued a "market perform" rating and issued a $40.00 price objective on shares of WaFd in a report on Monday, October 21st. DA Davidson boosted their target price on shares of WaFd from $39.00 to $41.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Piper Sandler dropped their price target on shares of WaFd from $36.00 to $35.00 and set a "neutral" rating on the stock in a research report on Monday, October 21st. Finally, Stephens reissued an "equal weight" rating and issued a $38.00 price objective on shares of WaFd in a research report on Friday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $38.50.

WaFd Stock Down 2.5 %

Shares of NASDAQ WAFD traded down $0.76 during mid-day trading on Monday, hitting $30.25. The company had a trading volume of 1,302,195 shares, compared to its average volume of 413,788. The company has a market capitalization of $2.46 billion, a PE ratio of 12.20 and a beta of 0.87. The firm has a 50-day simple moving average of $34.23 and a two-hundred day simple moving average of $34.43. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.21. WaFd has a one year low of $25.78 and a one year high of $38.62.

WaFd Announces Dividend

The company 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. This represents a $1.04 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Friday, November 22nd. WaFd's dividend payout ratio is 41.94%.

Insider Buying and Selling at WaFd

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $33.33, for a total transaction of $404,359.56. Following the sale, the executive vice president now directly owns 100,376 shares in the company, valued at $3,345,532.08. This represents a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.46% of the company's stock.

Hedge Funds Weigh In On WaFd

A number of institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of WaFd by 8.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 125,241 shares of the bank's stock valued at $3,579,000 after purchasing an additional 9,295 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of WaFd by 24.1% during the second quarter. Renaissance Technologies LLC now owns 139,530 shares of the bank's stock worth $3,988,000 after buying an additional 27,100 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of WaFd by 282.6% during the second quarter. Hsbc Holdings PLC now owns 36,079 shares of the bank's stock worth $1,019,000 after buying an additional 26,648 shares in the last quarter. Profund Advisors LLC bought a new position in shares of WaFd in the 2nd quarter valued at $205,000. Finally, Public Sector Pension Investment Board boosted its holdings in shares of WaFd by 6.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 148,684 shares of the bank's stock valued at $4,249,000 after acquiring an additional 9,446 shares in the last quarter. Institutional investors and hedge funds own 83.71% of the company's stock.

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.