Washington Federal (WAFD) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Federal in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WAFD shares.
View WAFD analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 12-month price objectives for Washington Federal's stock. Their WAFD share price forecasts range from $29.00 to $38.00. On average, they predict the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price.
View analysts price targets for WAFD or view top-rated stocks among Wall Street analysts.

Washington Federal's stock was trading at $33.55 at the beginning of the year. Since then, WAFD shares have decreased by 24.5% and is now trading at $25.32.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 12th 2023.
View our WAFD earnings forecast.

Washington Federal, Inc. (NASDAQ:WAFD) posted its quarterly earnings results on Friday, July, 14th. The bank reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.94 by $0.05. The bank earned $286.25 million during the quarter, compared to analyst estimates of $187.43 million. Washington Federal had a net margin of 27.74% and a trailing twelve-month return on equity of 13.74%. During the same quarter in the prior year, the company posted $0.91 earnings per share.

Washington Federal declared a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.25 per share on Friday, September 8th. This represents a $1.00 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Thursday, August 24th.
Read our dividend analysis for WAFD.

ETFs with the largest weight of Washington Federal (NASDAQ:WAFD) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), Direxion Daily Regional Banks Bull 3x Shares (DPST), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL).

Washington Federal (NASDAQ:WAFD) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.85%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAFD will have a dividend payout ratio of 28.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WAFD.

112 employees have rated Washington Federal Chief Executive Officer Brent Beardall on Glassdoor.com. Brent Beardall has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Federal investors own include QUALCOMM (QCOM), Boeing (BA), General Motors (GM), Wells Fargo & Company (WFC), Mondi (MNDI), Pfizer (PFE), Exxon Mobil (XOM), Zynerba Pharmaceuticals (ZYNE), AbbVie (ABBV) and Cisco Systems (CSCO).

Washington Federal trades on the NASDAQ under the ticker symbol "WAFD."

Washington Federal's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Dimensional Fund Advisors LP (7.84%), State Street Corp (6.08%), Artisan Partners Limited Partnership (2.75%), Geode Capital Management LLC (2.08%) and Goldman Sachs Group Inc. (1.68%). Insiders that own company stock include Brent J Beardall, Cathy E Cooper, David K Grant, James Endrizzi, Kim E Robison, Michael D Mulholland, Randall H Talbot, Shawn Bice, Thomas J Kelley and Vincent L Beatty.
View institutional ownership trends.

Shares of WAFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WAFD stock can currently be purchased for approximately $25.32.

Washington Federal (NASDAQ:WAFD) has a market capitalization of $1.64 billion and generates $732.73 million in revenue each year. The bank earns $236.33 million in net income (profit) each year or $4.07 on an earnings per share basis.

The company employs 2,132 workers across the globe.

Washington Federal's mailing address is 425 PIKE STREET, SEATTLE WA, 98101. The official website for the company is www.washingtonfederal.com. The bank can be reached via phone at (206) 624-7930, via email at brad.goode@wafd.com, or via fax at 206-626-8520.