Zacks Research Issues Negative Outlook for WaFd Earnings

WaFd, Inc (NASDAQ:WAFD) – Research analysts at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for WaFd in a report released on Thursday, February 6th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $0.80 for the quarter, down from their prior estimate of $0.82. The consensus estimate for WaFd’s current full-year earnings is $2.58 per share. Zacks Research also issued estimates for WaFd’s Q4 2026 earnings at $0.74 EPS and FY2026 earnings at $3.03 EPS.

Other analysts have also issued reports about the stock. Piper Sandler dropped their target price on shares of WaFd from $37.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, January 21st. Stephens reissued an “equal weight” rating and set a $38.00 price objective on shares of WaFd in a report on Friday, January 17th. Keefe, Bruyette & Woods lowered their target price on shares of WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a research note on Tuesday, January 21st. DA Davidson lowered shares of WaFd from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $35.00 to $32.00 in a research report on Thursday, February 6th. Finally, StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, WaFd currently has a consensus rating of “Hold” and an average target price of $33.75.

WaFd Stock Performance

NASDAQ WAFD opened at $30.69 on Monday. The company has a fifty day moving average of $32.15 and a 200-day moving average of $34.20. The company has a market capitalization of $2.50 billion, a P/E ratio of 14.14 and a beta of 0.85. WaFd has a 52-week low of $25.78 and a 52-week high of $38.62. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.08 and a current ratio of 1.04.

Hedge Funds Weigh In On WaFd

Institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its stake in WaFd by 7.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,225,248 shares of the bank’s stock worth $42,700,000 after purchasing an additional 84,155 shares during the last quarter. Citigroup Inc. boosted its stake in shares of WaFd by 11.9% in the third quarter. Citigroup Inc. now owns 186,174 shares of the bank’s stock valued at $6,488,000 after purchasing an additional 19,751 shares during the period. Barclays PLC increased its stake in shares of WaFd by 33.3% during the third quarter. Barclays PLC now owns 161,958 shares of the bank’s stock worth $5,643,000 after buying an additional 40,499 shares during the period. Franklin Resources Inc. lifted its stake in WaFd by 6.7% in the third quarter. Franklin Resources Inc. now owns 26,463 shares of the bank’s stock worth $954,000 after acquiring an additional 1,669 shares during the last quarter. Finally, Oliver Luxxe Assets LLC acquired a new stake in WaFd during the third quarter worth approximately $1,823,000. Institutional investors and hedge funds own 83.71% of the company’s stock.

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.