Q2 Earnings Forecast for WaFd Issued By DA Davidson

WaFd, Inc (NASDAQ:WAFD) – Investment analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for WaFd in a note issued to investors on Monday, January 20th. DA Davidson analyst J. Rulis expects that the bank will post earnings per share of $0.60 for the quarter. DA Davidson currently has a “Buy” rating and a $41.00 target price on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share. DA Davidson also issued estimates for WaFd’s FY2025 earnings at $2.50 EPS and FY2026 earnings at $3.00 EPS.

Other research analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods dropped their price target on WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a research report on Tuesday. Stephens reaffirmed an “equal weight” rating and set a $38.00 price target on shares of WaFd in a research note on Friday, January 17th. StockNews.com raised shares of WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Piper Sandler decreased their target price on shares of WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday. 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 company presently has an average rating of “Hold” and a consensus price target of $36.00.

WaFd Stock Down 1.2 %

Shares of NASDAQ:WAFD opened at $29.88 on Wednesday. The business has a fifty day moving average price of $34.23 and a two-hundred day moving average price of $34.43. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $2.43 billion, a PE ratio of 13.77 and a beta of 0.87. WaFd has a 1 year low of $25.78 and a 1 year high of $38.62.

Institutional Trading of WaFd

Several institutional investors and hedge funds have recently made changes to their positions in WAFD. SG Americas Securities LLC grew its stake in shares of WaFd by 81.2% during the fourth quarter. SG Americas Securities LLC now owns 10,091 shares of the bank’s stock worth $325,000 after acquiring an additional 4,522 shares during the last quarter. Cooper Financial Group lifted its stake in WaFd by 3.2% in the 4th quarter. Cooper Financial Group now owns 11,134 shares of the bank’s stock worth $359,000 after purchasing an additional 345 shares in the last quarter. Oliver Luxxe Assets LLC boosted its holdings in WaFd by 2.5% in the 4th quarter. Oliver Luxxe Assets LLC now owns 53,604 shares of the bank’s stock valued at $1,728,000 after purchasing an additional 1,293 shares during the last quarter. Principal Financial Group Inc. increased its stake in WaFd by 28.6% during the third quarter. Principal Financial Group Inc. now owns 428,504 shares of the bank’s stock worth $14,933,000 after acquiring an additional 95,251 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of WaFd by 6.7% in the 3rd quarter. Franklin Resources Inc. now owns 26,463 shares of the bank’s stock valued at $954,000 after acquiring an additional 1,669 shares during the period. 83.71% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Ryan Mauer sold 12,132 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 100,376 shares of the company’s stock, valued at approximately $3,345,532.08. This represents a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.46% of the company’s stock.

WaFd Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend was Friday, November 22nd. WaFd’s dividend payout ratio is currently 47.93%.

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.