WaFd (WAFD) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $28.72 to $29.05
• 50-Day Range: $27.40 to $32.08
• 52-Week Range: $25.79 to $38.62
• Volume: 284,566 shs
• Average Volume: 472,163 shs
• Market Capitalization: $2.34 billion
• P/E Ratio: 13.19
• Dividend Yield: 3.76%
• Price Target: $33.75
• Consensus Rating: Hold

WaFd Stock Analysis - MarketRank™

WaFd scored higher than 92% of companies evaluated by MarketBeat, and ranked 146th out of 939 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

WaFd has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

WaFd has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 13.67%

Earnings Growth

Earnings for WaFd are expected to grow by 13.67% in the coming year, from $2.56 to $2.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WaFd is 13.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of WaFd is 13.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.95.

Price to Book Value per Share Ratio

WaFd has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.36% of the float of WaFd has been sold short.

Short Interest Ratio / Days to Cover

WaFd has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WaFd has recently increased by 10.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

WaFd is a leading dividend payer. It pays a dividend yield of 3.78%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

WaFd does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of WaFd is 49.77%. 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 37.11% next year. This indicates that WaFd will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.58

Percentage of Shares Shorted

2.36% of the float of WaFd has been sold short.

Short Interest Ratio / Days to Cover

WaFd has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WaFd has recently increased by 10.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.33

News Sentiment

WaFd has a news sentiment score of 1.33. 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 higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for WaFd this week, compared to 3 articles on an average week.

MarketBeat Follows

6 people have added WaFd to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, WaFd insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.46% 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.

WAFD Stock Analysis - Frequently Asked Questions

How have WAFD shares performed this year?

WaFd's stock was trading at $32.24 at the beginning of the year. Since then, WAFD shares have decreased by 10.3% and is now trading at $28.9110.
View the best growth stocks for 2025 here.

How were WaFd's earnings last quarter?

WaFd, Inc (NASDAQ:WAFD) released its quarterly earnings data 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 earned $389.98 million during the quarter, compared to the consensus estimate of $190.43 million. WaFd had a trailing twelve-month return on equity of 8.78% and a net margin of 12.66%.

Who are WaFd's major shareholders?

Top institutional shareholders of WaFd include Vanguard Group Inc. (11.55%), Dimensional Fund Advisors LP (6.60%), Fuller & Thaler Asset Management Inc. (4.53%) and Wells Fargo & Company MN (2.22%). Insiders that own company stock include Ryan Mauer, Cathy E Cooper, Randall H Talbot, Kim E Robison, Brent J Beardall, David K Grant and James Endrizzi.
View institutional ownership trends.

How do I buy shares of WaFd?

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.

What other stocks do shareholders of WaFd own?

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

• Last Earnings: 10/17/2024
• Ex-Dividend for 3/7 Dividend: 2/21/2025
• Dividend Payable: 3/07/2025
• Today: 3/25/2025
• Next Earnings (Estimated): 4/28/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:WAFD
• CIK: 936528
• Web: www.washingtonfederal.com
• Phone: (206) 624-7930
• Fax: 206-626-8520
• Employees: 2,130
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $33.75
• High Stock Price Target: $38.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +16.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.17
• Trailing P/E Ratio: 13.32
• Forward P/E Ratio: 11.29
• P/E Growth: N/A
• Net Income: $200.04 million
• Net Margins: 12.66%
• Pretax Margin: 16.39%
• Return on Equity: 8.78%
• Return on Assets: 0.82%

Debt

• Debt-to-Equity Ratio: 1.05
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $725.16 million
• Price / Sales: 3.25
• Cash Flow: $4.45 per share
• Price / Cash Flow: 6.50
• Book Value: $33.37 per share
• Price / Book: 0.87

Miscellaneous

• Outstanding Shares: 81,551,000
• Free Float: 80,360,000
• Market Cap: $2.36 billion
• Optionable: Optionable
• Beta: 0.83