NASDAQ:WAFD

Washington Federal Stock Forecast, Price & News

$28.39

-0.02 (-0.07 %)

(As of 01/15/2021 03:40 PM ET)

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Today's Range

$28.13

Now: $28.39▼

$28.65

50-Day Range

$23.37

MA: $25.84▼

$28.76

52-Week Range

$20.01

Now: $28.39▼

$36.80

Volume10,806 shs

Average Volume488,068 shs

Market Capitalization$2.15 billion

P/E Ratio12.67

Dividend Yield3.15%

Beta0.95

Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, 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, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, 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; mobile and internet banking services; debit and credit cards; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2020, the company had 234 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.

MarketRank^™

Overall MarketRank^™

1.77 out of 5 stars

Finance Sector

380th out of 1,651 stocks

National Commercial Banks Industry

48th out of 144 stocks

1.0 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 $29.00, Washington Federal has a forecasted upside of 2.1% from its current price of $28.39.
Amount of Analyst Coverage
Washington Federal has received no research coverage in the past 90 days.

1.8 Community Rank

Outperform Votes
Washington Federal has received 205 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Washington Federal has received 361 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Washington Federal has received 63.78% “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.

2.5 Dividend Strength

Dividend Yield
Washington Federal pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Washington Federal does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Washington Federal is 44.00%. 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 50.29% next year. This indicates that Washington Federal will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Washington Federal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,854,459.00 in company stock.
Percentage Held by Insiders
Only 1.21% of the stock of Washington Federal is held by insiders.
Percentage Held by Institutions
82.47% 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 6.06% in the coming year, from $1.65 to $1.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Washington Federal is 12.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Washington Federal is 12.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.13.
Price to Book Value per Share Ratio
Washington Federal has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees2,080

Debt

Debt-to-Equity Ratio1.41

Current Ratio1.05

Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio12.67

Forward P/E Ratio17.21

P/E GrowthN/A

Sales & Book Value

Annual Sales$708.22 million

Price / Sales3.04

Cash Flow$3.90 per share

Price / Cash Flow7.28

Book Value$25.60 per share

Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$2.00

Net Income$173.44 million

Net Margins24.41%

Return on Equity7.59%

Return on Assets0.88%

Miscellaneous

Outstanding Shares75,816,000

Market Cap$2.15 billion

Next Earnings Date4/20/2021 (Estimated)

OptionableOptionable

$28.39

-0.02 (-0.07 %)

(As of 01/15/2021 03:40 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Washington Federal (NASDAQ:WAFD) Frequently Asked Questions

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

Washington Federal's stock was trading at $26.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WAFD shares have increased by 8.3% and is now trading at $28.23.
View which stocks have been most impacted by COVID-19.

Is Washington Federal a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Washington Federal in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Washington Federal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WAFD, but not buy additional shares or sell existing shares.
View analyst ratings for Washington Federal or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Washington Federal?

Wall Street analysts have given Washington Federal a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Washington Federal wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Washington Federal's next earnings date?

Washington Federal is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Washington Federal.

How were Washington Federal's earnings last quarter?

Washington Federal, Inc. (NASDAQ:WAFD) issued its quarterly earnings data on Wednesday, January, 13th. The bank reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.09. Washington Federal had a net margin of 24.41% and a return on equity of 7.59%.
View Washington Federal's earnings history.

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

Washington Federal announced a quarterly dividend on Tuesday, October 27th. Investors of record on Friday, November 6th will be given a dividend of $0.22 per share on Friday, November 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Thursday, November 5th.
View Washington Federal's dividend history.

Is Washington Federal a good dividend stock?

Washington Federal pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.15%. The dividend payout ratio of Washington Federal is 44.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Washington Federal will have a dividend payout ratio of 50.29% next year. This indicates that Washington Federal will be able to sustain or increase its dividend.
View Washington Federal's dividend history.

What price target have analysts set for WAFD?

2 Wall Street analysts have issued 1 year price targets for Washington Federal's shares. Their forecasts range from $22.00 to $36.00. On average, they expect Washington Federal's stock price to reach $29.00 in the next year. This suggests a possible upside of 2.7% from the stock's current price.
View analysts' price targets for Washington Federal or view Wall Street analyst' top-rated stocks.

Who are some of Washington Federal's key competitors?

Some companies that are related to Washington Federal include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), LendingTree (TREE), Walker & Dunlop (WD), The Simply Good Foods (SMPL), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL) and Kearny Financial (KRNY).
View all of WAFD's 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), The Boeing (BA), General Motors (GM), Wells Fargo & Company (WFC), Mondi plc (MNDI.L) (MNDI), Pfizer (PFE), Exxon Mobil (XOM), Zynerba Pharmaceuticals (ZYNE), AbbVie (ABBV) and Cisco Systems (CSCO).

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 49, Pay $1.35M)
Mr. Vincent L. Beatty, Chief Financial Officer (Age 60, Pay $553.09k)
Ms. Cathy E. Cooper, Exec. VP, Retail Banking Group Mang. & Corp. Sec. (Age 54, Pay $511.6k)
Mr. Mark Alan Schoonover, Sr. Advisor (Age 62, Pay $723.94k)
Mr. Robert D. Peters, Sr. Advisor (Age 59, Pay $527.69k)
Ms. Kim E. Robison, Exec. VP of Operations (Age 50)
Mr. Cory D. Stewart, Principal Accounting Officer & Sr. VP (Age 48)
Jim Motz, Chief Information Officer & Exec. VP
Arian Colachis, Sr. VP, Gen. Counsel & Corp. Sec.
Mr. Brad Goode, Chief of Communications, Marketing & Community Relations and Sr. VP

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 number of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.27%), State of Alaska Department of Revenue (0.02%) and IMS Capital Management (0.01%). Company insiders that own Washington Federal stock include Brent J Beardall, Cory D Stewart, Mark Tabbutt, Michael D Mulholland, Randall H Talbot, Thomas J Kelley and Vincent L Beatty.
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 Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue.
View insider buying and selling activity for Washington Federal or view top insider-selling stocks.

Which major investors are buying Washington Federal stock?

WAFD stock was purchased by a variety of institutional investors in the last quarter, including IMS Capital Management. Company insiders that have bought Washington Federal stock in the last two years include Brent J Beardall, Cory D Stewart, Mark Tabbutt, Randall H Talbot, Thomas J Kelley, and Vincent L Beatty.
View insider buying and selling activity for Washington Federal or or view top insider-buying stocks.

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 WeBull, 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 $28.23.

How big of a company is Washington Federal?

Washington Federal has a market capitalization of $2.14 billion and generates $708.22 million in revenue each year. The bank earns $173.44 million in net income (profit) each year or $2.00 on an earnings per share basis. Washington Federal employs 2,080 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 1/15/2021 by MarketBeat.com Staff

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