NASDAQ:WAFDWashington Federal Stock Price, Forecast & News

$27.02

+1.22 (+4.73 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$26.37

Now: $27.02▼

$27.55

50-Day Range

$22.62

MA: $25.16▼

$27.81

52-Week Range

$20.92

Now: $27.02▼

$38.26

Volume431,400 shs

Average Volume393,372 shs

Market Capitalization$2.10 billion

P/E Ratio10.16

Dividend Yield3.26%

Beta0.96

Washington Federal, Inc. operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, land consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, business, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2018, the company had 235 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Washington Federal has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.00, Washington Federal has a potential upside of 29.5% from its current price of $27.02.
Amount of Analyst Coverage
Washington Federal has received no research coverage in the past 90 days.

1.9 Community Rank

Outperform Votes
Washington Federal has received 203 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Washington Federal has received 345 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Washington Federal has received 62.96% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Washington Federal and other stocks. Vote “Outperform” if you believe WAFD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WAFD will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Washington Federal is a leading dividend payer. It pays a dividend yield of 3.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Washington Federal has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Washington Federal is 33.72 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Washington Federal will have a dividend payout ratio of 46.56 % next year. This indicates that Washington Federal will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Washington Federal insiders have bought more of their company's stock than they have sold. Specifically, they have bought $533,419.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.21% of the stock of Washington Federal is held by insiders.
Percentage Held by Institutions
80.51% of the stock of Washington Federal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Washington Federal are expected to grow by 1.07% in the coming year, from $1.87 to $1.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Washington Federal is 10.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Washington Federal is 10.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.23.
Price to Book Value per Share Ratio
Washington Federal has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.99 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNASDAQ:WAFD

Previous Symbol

CUSIP93882410

CIK936528

Webwww.washingtonfederal.com

Phone206-624-7930

Debt

Debt-to-Equity Ratio1.54

Current Ratio1.10

Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio10.16

Forward P/E Ratio14.45

P/E GrowthN/A

Sales & Book Value

Annual Sales$733.78 million

Price / Sales2.86

Cash Flow$3.04 per share

Price / Cash Flow8.89

Book Value$25.60 per share

Price / Book1.06

Profitability

EPS (Most Recent Fiscal Year)$2.61

Net Income$210.26 million

Net Margins27.66%

Return on Equity9.38%

Return on Assets1.14%

Miscellaneous

Employees1,971

Outstanding Shares77,760,000

Market Cap$2.10 billion

Next Earnings Date7/21/2020 (Estimated)

OptionableOptionable

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Washington Federal (NASDAQ:WAFD) Frequently Asked Questions

How has Washington Federal's stock been impacted by COVID-19 (Coronavirus)?

Washington Federal's stock was trading at $26.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WAFD stock has increased by 3.6% and is now trading at $27.02. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Washington Federal?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Federal in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Washington Federal.

When is Washington Federal's next earnings date?

Washington Federal is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Washington Federal.

How were Washington Federal's earnings last quarter?

Washington Federal Inc. (NASDAQ:WAFD) released its quarterly earnings data on Tuesday, April, 21st. The bank reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.03. The bank earned $133.85 million during the quarter, compared to the consensus estimate of $133.20 million. Washington Federal had a net margin of 27.66% and a return on equity of 9.38%. View Washington Federal's earnings history.

How often does Washington Federal pay dividends? What is the dividend yield for Washington Federal?

Washington Federal declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Friday, May 8th will be given a dividend of $0.22 per share on Friday, May 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, May 7th. View Washington Federal's dividend history.

What price target have analysts set for WAFD?

2 brokers have issued 12-month price objectives for Washington Federal's shares. Their forecasts range from $34.00 to $36.00. On average, they anticipate Washington Federal's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price. View analysts' price targets for Washington Federal.

Has Washington Federal been receiving favorable news coverage?

News headlines about WAFD stock have been trending very positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Washington Federal earned a news sentiment score of 3.4 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutWashington Federal.

Are investors shorting Washington Federal?

Washington Federal saw a decline in short interest in April. As of April 30th, there was short interest totaling 2,580,000 shares, a decline of 20.4% from the April 15th total of 3,240,000 shares. Based on an average trading volume of 617,700 shares, the days-to-cover ratio is currently 4.2 days. Approximately 3.4% of the company's stock are short sold. View Washington Federal's Current Options Chain.

Who are some of Washington Federal's key competitors?

Some companies that are related to Washington Federal include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Lendingtree (TREE), Radian Group (RDN), MGIC Investment (MTG), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), EverBank Financial (EVER), Walker & Dunlop (WD), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT). View all competitors.

What other stocks do shareholders of Washington Federal own?

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

Who are Washington Federal's key executives?

Washington Federal's management team includes the following people:

Mr. Brent J. Beardall CPA, Pres, CEO & Director (Age 48)
Mr. Vincent L. Beatty, Exec. VP & CFO (Age 59)
Ms. Cathy E. Cooper, Exec. VP & Group Mang. of Retail Banking (Age 53)
Mr. Robert D. Peters, Exec. VP & Group Mang. of Commercial Banking (Age 58)
Ms. Kim E. Robison, Exec. VP & Operations Mang. (Age 49)

What is Washington Federal's stock symbol?

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

Who are Washington Federal's major shareholders?

Washington Federal's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.62%), Janus Henderson Group PLC (3.99%), State Street Corp (3.59%), Robeco Institutional Asset Management B.V. (2.31%), Frontier Capital Management Co. LLC (2.09%) and Invesco Ltd. (1.64%). Company insiders that own Washington Federal stock include Brent J Beardall, Cory D Stewart and Mark Tabbutt. View institutional ownership trends for Washington Federal.

Which major investors are selling Washington Federal stock?

WAFD stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, JPMorgan Chase & Co., UBS Group AG, BlackRock Inc., Morgan Stanley, Morgan Stanley, Robeco Institutional Asset Management B.V., and Principal Financial Group Inc.. View insider buying and selling activity for Washington Federal.

Which major investors are buying Washington Federal stock?

WAFD stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Eaton Vance Management, Acadian Asset Management LLC, Fuller & Thaler Asset Management Inc., Advisor Group Holdings Inc., and Geode Capital Management LLC. Company insiders that have bought Washington Federal stock in the last two years include Brent J Beardall, Cory D Stewart, and Mark Tabbutt. View insider buying and selling activity for Washington Federal.

How do I buy shares of Washington Federal?

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

What is Washington Federal's stock price today?

One share of WAFD stock can currently be purchased for approximately $27.02.

How big of a company is Washington Federal?

Washington Federal has a market capitalization of $2.10 billion and generates $733.78 million in revenue each year. The bank earns $210.26 million in net income (profit) each year or $2.61 on an earnings per share basis. Washington Federal employs 1,971 workers across the globe.

What is Washington Federal's official website?

The official website for Washington Federal is www.washingtonfederal.com.

How can I contact Washington Federal?

Washington Federal's mailing address is 425 PIKE STREET, SEATTLE WA, 98101. The bank can be reached via phone at 206-624-7930 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff