Research Analysts Set Expectations for WaFd FY2026 Earnings

Key Points

• DA Davidson has raised its FY2026 earnings per share estimate for WaFd to $3.25, up from an earlier estimate of $3.10, maintaining a "Neutral" rating with a target price of $33.00.
• The consensus estimate for WaFd's current full-year earnings stands at $2.56 per share, while recent analyst ratings indicate a general trend towards a "Hold" position with an average price target of $32.25.
• WaFd reported quarterly earnings of $0.73 per share, exceeding the consensus estimate of $0.67, alongside a dividend announcement yielding 3.5% annually.

WaFd, Inc. (NASDAQ:WAFD - Free Report) - DA Davidson raised their FY2026 EPS estimates for shares of WaFd in a research report issued on Friday, September 26th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $3.25 per share for the year, up from their previous estimate of $3.10. DA Davidson currently has a "Neutral" rating and a $33.00 target price on the stock. The consensus estimate for WaFd's current full-year earnings is $2.56 per share.

Several other analysts also recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of WaFd from $30.00 to $32.00 and gave the stock a "market perform" rating in a research report on Monday, July 21st. Wall Street Zen raised shares of WaFd from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Stephens lifted their target price on shares of WaFd from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Monday, July 21st. Finally, Piper Sandler lifted their target price on shares of WaFd from $30.00 to $31.00 and gave the company a "neutral" rating in a report on Monday, July 21st. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $32.25.

WaFd Stock Up 0.5%

Shares of NASDAQ:WAFD opened at $30.96 on Monday. The company has a market capitalization of $2.44 billion, a PE ratio of 11.77 and a beta of 0.93. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.71. WaFd has a twelve month low of $23.75 and a twelve month high of $38.62. The firm has a 50 day simple moving average of $30.70 and a 200-day simple moving average of $29.34.

WaFd (NASDAQ:WAFD - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The bank reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.06. The business had revenue of $186.26 million during the quarter, compared to the consensus estimate of $184.47 million. WaFd had a net margin of 15.57% and a return on equity of 8.57%.

WaFd Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 22nd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 22nd. WaFd's payout ratio is currently 41.06%.

Insider Transactions at WaFd

In other WaFd news, Director Sean Singleton sold 1,004 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $31.71, for a total value of $31,836.84. Following the transaction, the director directly owned 9,278 shares of the company's stock, valued at approximately $294,205.38. The trade was a 9.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.46% of the company's stock.

Hedge Funds Weigh In On WaFd

Institutional investors have recently bought and sold shares of the company. Brooklyn Investment Group acquired a new position in WaFd in the 1st quarter valued at $28,000. Northwestern Mutual Wealth Management Co. increased its stake in WaFd by 42.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,174 shares of the bank's stock valued at $34,000 after buying an additional 352 shares during the period. McIlrath & Eck LLC boosted its position in shares of WaFd by 57.6% during the 2nd quarter. McIlrath & Eck LLC now owns 1,327 shares of the bank's stock worth $39,000 after purchasing an additional 485 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of WaFd by 712.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,901 shares of the bank's stock worth $56,000 after purchasing an additional 1,667 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its position in shares of WaFd by 35.2% during the 1st quarter. TD Private Client Wealth LLC now owns 2,002 shares of the bank's stock worth $57,000 after purchasing an additional 521 shares in the last quarter. 83.71% of the stock is owned by institutional investors and hedge funds.

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.

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