DA Davidson Estimates WaFd’s FY2026 Earnings (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Investment analysts at DA Davidson issued their FY2026 earnings per share estimates for shares of WaFd in a report released on Thursday, December 19th. DA Davidson analyst J. Rulis expects that the bank will post earnings per share of $3.60 for the year. DA Davidson currently has a “Buy” rating and a $41.00 price objective on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share.

Other analysts have also recently issued reports about the stock. StockNews.com raised shares of WaFd from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $40.00 price objective on shares of WaFd in a report on Monday, October 21st. Finally, Piper Sandler dropped their target price on shares of WaFd from $36.00 to $35.00 and set a “neutral” rating for the company in a research report on Monday, October 21st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, WaFd presently has a consensus rating of “Hold” and an average price target of $38.00.

WaFd Stock Performance

Shares of WAFD opened at $32.50 on Monday. The firm has a market capitalization of $2.64 billion, a P/E ratio of 13.10 and a beta of 0.84. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.08. WaFd has a one year low of $25.78 and a one year high of $38.62. The business has a fifty day moving average of $35.55 and a 200 day moving average of $33.75.

WaFd (NASDAQ:WAFD) last 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. WaFd had a net margin of 13.97% and a return on equity of 9.44%. The firm had revenue of $389.98 million during the quarter, compared to analysts’ expectations of $190.43 million. During the same period in the previous year, the company earned $0.72 earnings per share.

Institutional Investors Weigh In On WaFd

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. raised its holdings in shares of 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 buying an additional 531 shares during the last quarter. McIlrath & Eck LLC grew its stake in shares of WaFd by 112.7% during the 3rd quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank’s stock worth $46,000 after purchasing an additional 701 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in 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 buying an additional 822 shares during the period. GAMMA Investing LLC boosted its stake in shares of WaFd by 515.8% during the 3rd 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. Finally, Covestor Ltd boosted its position in WaFd by 60.1% during the third 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. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at WaFd

In related news, EVP Ryan Mauer sold 12,132 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $33.33, for a total value of $404,359.56. Following the completion of the transaction, the executive vice president now owns 100,376 shares of the company’s stock, valued at $3,345,532.08. The trade was 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. 2.25% of the stock is currently owned by company insiders.

WaFd Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were paid a $0.26 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.04 dividend on an annualized basis and a yield of 3.20%. WaFd’s payout ratio is 41.94%.

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.