Zacks Research Analysts Decrease Earnings Estimates for WaFd

WaFd, Inc (NASDAQ:WAFD - Free Report) - Equities researchers at Zacks Research cut their Q2 2025 earnings per share estimates for shares of WaFd in a report released on Thursday, November 7th. Zacks Research analyst S. Shah now forecasts that the bank will earn $0.69 per share for the quarter, down from their prior estimate of $0.71. The consensus estimate for WaFd's current full-year earnings is $2.86 per share. Zacks Research also issued estimates for WaFd's Q3 2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.83 EPS, Q2 2026 earnings at $0.85 EPS, Q3 2026 earnings at $0.83 EPS, FY2026 earnings at $3.36 EPS and FY2027 earnings at $3.56 EPS.

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

WAFD has been the subject of several other research reports. StockNews.com lowered WaFd from a "hold" rating to a "sell" rating in a research report on Thursday, October 3rd. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $40.00 price target on shares of WaFd in a research note on Monday, October 21st. Piper Sandler decreased their price objective on shares of WaFd from $36.00 to $35.00 and set a "neutral" rating for the company in a research note on Monday, October 21st. DA Davidson raised their price target on WaFd from $39.00 to $41.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Finally, Stephens lifted their target price on WaFd from $32.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $38.00.

WaFd Price Performance

WaFd stock traded up $1.89 during mid-day trading on Monday, reaching $38.51. 141,223 shares of the company's stock traded hands, compared to its average volume of 448,508. WaFd has a 12-month low of $24.66 and a 12-month high of $38.58. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 14.77 and a beta of 0.83. The stock has a 50 day moving average of $35.12 and a two-hundred day moving average of $32.08. The company has a quick ratio of 1.09, a current ratio of 1.08 and a debt-to-equity ratio of 1.21.

Institutional Trading of WaFd

Several hedge funds have recently modified their holdings of the company. Blue Trust Inc. grew its holdings in WaFd by 80.8% in the third quarter. Blue Trust Inc. now owns 1,188 shares of the bank's stock worth $41,000 after purchasing an additional 531 shares during the last quarter. GAMMA Investing LLC boosted its holdings in WaFd by 515.8% in the third quarter. GAMMA Investing LLC now owns 1,558 shares of the bank's stock worth $54,000 after acquiring an additional 1,305 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of WaFd by 100.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,644 shares of the bank's stock valued at $47,000 after acquiring an additional 822 shares in the last quarter. Covestor Ltd boosted its stake in WaFd by 60.1% in the 3rd quarter. Covestor Ltd now owns 1,904 shares of the bank's stock worth $66,000 after purchasing an additional 715 shares in the last quarter. Finally, KBC Group NV increased its stake in WaFd by 35.1% during the 3rd quarter. KBC Group NV now owns 2,797 shares of the bank's stock valued at $97,000 after purchasing an additional 726 shares in the last quarter. 83.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at WaFd

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $33.33, for a total transaction of $404,359.56. Following the completion of the sale, the executive vice president now owns 100,376 shares in the company, valued at $3,345,532.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.25% of the company's stock.

WaFd Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were issued a $0.26 dividend. The ex-dividend date was Friday, August 23rd. This represents a $1.04 annualized dividend and a dividend yield of 2.70%. WaFd's dividend payout ratio is currently 41.94%.

WaFd Company Profile

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.