Waterstone Financial (WSBF) Stock Forecast, Price & News

Waterstone Financial's stock was trading at $17.24 at the start of the year. Since then, WSBF shares have decreased by 21.0% and is now trading at $13.62.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our WSBF earnings forecast.

Waterstone Financial, Inc. (NASDAQ:WSBF) posted its quarterly earnings data on Tuesday, April, 25th. The savings and loans company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.03. The savings and loans company had revenue of $32.35 million for the quarter, compared to analysts' expectations of $28.20 million. Waterstone Financial had a trailing twelve-month return on equity of 4.36% and a net margin of 9.54%.

Waterstone Financial announced a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Monday, April 10th will be given a dividend of $0.20 per share on Tuesday, May 2nd. This represents a $0.80 annualized dividend and a yield of 5.87%. The ex-dividend date is Thursday, April 6th.
Read our dividend analysis for WSBF.

ETFs with the largest weight of Waterstone Financial (NASDAQ:WSBF) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Vanguard U.S. Minimum Volatility ETF (VFMV), iShares US Small Cap Value Factor ETF (SVAL), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust NASDAQ ABA Community Bank Index Fund (QABA),

Waterstone Financial (NASDAQ:WSBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 5.87%. WSBF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, WSBF will have a dividend payout ratio of 67.23% 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 investors include Dimensional Fund Advisors LP (8.50%), BlackRock Inc. (7.85%), Renaissance Technologies LLC (6.13%), rhino investment partners Inc (3.34%), State Street Corp (3.15%) and Geode Capital Management LLC (1.88%). Insiders that own company stock include Ellen Syburg Bartel, Mark Raymond Gerke, Michael L Hansen, Thomas E Dalum and William F Bruss.
View institutional ownership trends.

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 $13.62.

Waterstone Financial (NASDAQ:WSBF) has a market capitalization of $295.01 million and generates $175.80 million in revenue each year. The savings and loans company earns $19.49 million in net income (profit) each year or $0.75 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.