Waterstone Financial - WSBF Stock Forecast, Price & News

Waterstone Financial's stock was trading at $21.86 at the beginning of 2022. Since then, WSBF stock has decreased by 25.2% and is now trading at $16.35.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our WSBF earnings forecast.

Waterstone Financial, Inc. (NASDAQ:WSBF) announced its quarterly earnings results on Thursday, July, 21st. The savings and loans company reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The savings and loans company earned $45.32 million during the quarter, compared to analysts' expectations of $46.70 million. Waterstone Financial had a net margin of 20.24% and a trailing twelve-month return on equity of 10.71%.

Waterstone Financial announced a quarterly dividend on Thursday, June 23rd. Stockholders of record on Monday, July 11th will be paid a dividend of $0.20 per share on Tuesday, August 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Friday, July 8th.
Read our dividend analysis for WSBF.

Waterstone Financial (NASDAQ:WSBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.70%. WSBF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSBF will have a dividend payout ratio of 62.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSBF.

8 employees have rated Waterstone Financial Chief Executive Officer Douglas Gordon on Glassdoor.com. Douglas Gordon has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Waterstone Financial investors own include People's United Financial (PBCT), Huntington Bancshares (HBAN), KeyCorp (KEY), Kohl's (KSS), New York Community Bancorp (NYCB), AT&T (T), Walgreens Boots Alliance (WBA), Apple Hospitality REIT (APLE) and Caesars Entertainment (CZR).

Waterstone Financial trades on the NASDAQ under the ticker symbol "WSBF."

Waterstone Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.89%), State Street Corp (2.85%), Northern Trust Corp (0.93%), Foundry Partners LLC (0.84%), AQR Capital Management LLC (0.88%) and Brandywine Global Investment Management LLC (0.74%). Insiders that own company stock include Ellen Syburg Bartel, Mark Raymond Gerke, Michael L Hansen, Thomas E Dalum and William F Bruss.
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Shares of WSBF 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 WSBF stock can currently be purchased for approximately $16.35.

Waterstone Financial (NASDAQ:WSBF) has a market capitalization of $369.67 million and generates $273.08 million in revenue each year. The savings and loans company earns $70.79 million in net income (profit) each year or $1.91 on an earnings per share basis.

The company employs 870 workers across the globe.

Waterstone Financial's mailing address is 11200 WEST PLANK COURT, WAUWATOSA WI, 53226. The official website for the company is www.wsbonline.com. The savings and loans company can be reached via phone at (414) 761-1000, via email at markgerke@wsbonline.com, or via fax at 414-918-0890.