Equities Analysts Offer Predictions for WaFd Q2 Earnings

WaFd, Inc. (NASDAQ:WAFD - Free Report) - Analysts at Zacks Research cut their Q2 2026 earnings per share estimates for WaFd in a note issued to investors on Thursday, June 26th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for WaFd's current full-year earnings is $2.56 per share.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen cut shares of WaFd from a "hold" rating to a "sell" rating in a research report on Friday, June 27th. Keefe, Bruyette & Woods cut their target price on WaFd from $32.00 to $30.00 and set a "market perform" rating for the company in a research note on Wednesday, April 16th. Finally, Stephens reiterated an "equal weight" rating and issued a $29.00 price target on shares of WaFd in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, WaFd presently has a consensus rating of "Hold" and a consensus target price of $30.50.

WaFd Price Performance

WAFD traded up $0.32 on Monday, hitting $31.21. 255,652 shares of the stock were exchanged, compared to its average volume of 564,220. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 11.78 and a beta of 0.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.02 and a quick ratio of 1.02. WaFd has a 12 month low of $23.75 and a 12 month high of $38.62. The business has a 50-day moving average of $28.90 and a two-hundred day moving average of $29.33.

WaFd (NASDAQ:WAFD - Get Free Report) last released its earnings results on Friday, April 11th. The bank reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.05. The company had revenue of $179.79 million for the quarter, compared to analyst estimates of $184.17 million. WaFd had a return on equity of 8.74% and a net margin of 15.13%.

Institutional Trading of WaFd

A number of hedge funds and other institutional investors have recently modified their holdings of WAFD. Rhumbline Advisers boosted its holdings in shares of WaFd by 2.6% during the 1st quarter. Rhumbline Advisers now owns 236,909 shares of the bank's stock valued at $6,771,000 after acquiring an additional 6,068 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of WaFd by 862.6% during the first quarter. Jane Street Group LLC now owns 69,306 shares of the bank's stock worth $1,981,000 after purchasing an additional 62,106 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of WaFd by 9.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 246,467 shares of the bank's stock valued at $7,044,000 after buying an additional 20,865 shares during the period. Empowered Funds LLC raised its holdings in WaFd by 27.5% in the 1st quarter. Empowered Funds LLC now owns 284,555 shares of the bank's stock valued at $8,133,000 after buying an additional 61,364 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in WaFd by 131,425.4% during the 1st quarter. Jones Financial Companies Lllp now owns 77,600 shares of the bank's stock worth $2,218,000 after buying an additional 77,541 shares during the period. Institutional investors own 83.71% of the company's stock.

WaFd Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 23rd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 3.46%. The ex-dividend date was Friday, May 23rd. WaFd's payout ratio is 40.75%.

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.