FY2026 Earnings Estimate for WaFd Issued By DA Davidson

WaFd, Inc (NASDAQ:WAFD) – Stock analysts at DA Davidson issued their FY2026 EPS estimates for shares of WaFd in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis forecasts 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 target price on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share.

WAFD has been the subject of a number of other reports. StockNews.com raised shares of WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $40.00 price target on shares of WaFd in a report on Monday, October 21st. Finally, Piper Sandler reduced their price objective on shares of WaFd from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.00.

WaFd Stock Performance

NASDAQ:WAFD opened at $32.93 on Monday. The stock has a 50-day simple moving average of $35.55 and a two-hundred day simple moving average of $33.75. The firm has a market capitalization of $2.68 billion, a PE ratio of 13.28 and a beta of 0.84. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.08. WaFd has a 52-week low of $25.78 and a 52-week high of $38.62.

WaFd (NASDAQ:WAFD) last posted its quarterly earnings data on Thursday, October 17th. The bank reported $0.71 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $190.43 million. During the same quarter in the prior year, the business earned $0.72 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Louisiana State Employees Retirement System increased its position in WaFd by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 34,000 shares of the bank’s stock valued at $972,000 after purchasing an additional 400 shares during the period. Bank of New York Mellon Corp increased its position in shares of WaFd by 1.3% during the second quarter. Bank of New York Mellon Corp now owns 728,619 shares of the bank’s stock worth $20,824,000 after purchasing an additional 9,262 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of WaFd in the 2nd quarter worth $80,000. Davidson Investment Advisors increased its position in WaFd by 4.2% during the 2nd quarter. Davidson Investment Advisors now owns 279,791 shares of the bank’s stock valued at $7,996,000 after buying an additional 11,220 shares in the last quarter. Finally, Natixis Advisors LLC boosted its holdings in WaFd by 27.9% in the second quarter. Natixis Advisors LLC now owns 16,639 shares of the bank’s stock worth $476,000 after acquiring an additional 3,629 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $33.33, for a total value of $404,359.56. Following the sale, the executive vice president now owns 100,376 shares in the company, valued at $3,345,532.08. This trade represents a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.25% of the stock is owned by corporate insiders.

WaFd Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a $0.26 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.04 annualized dividend and a dividend yield of 3.16%. WaFd’s dividend payout ratio (DPR) is presently 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.