Zacks Research Has Bearish Estimate for WaFd FY2025 Earnings

WaFd, Inc (NASDAQ:WAFD) – Investment analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of WaFd in a report released on Friday, April 4th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $2.56 per share for the year, down from their previous estimate of $2.57. The consensus estimate for WaFd’s current full-year earnings is $2.56 per share. Zacks Research also issued estimates for WaFd’s Q1 2026 earnings at $0.72 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.71 EPS, FY2026 earnings at $2.91 EPS and Q1 2027 earnings at $0.73 EPS.

Several other research firms have also recently commented on WAFD. Keefe, Bruyette & Woods cut their target price on shares of WaFd from $42.00 to $34.00 and set a “market perform” rating for the company in a research note on Tuesday, January 21st. Piper Sandler decreased their target price on WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 21st. StockNews.com cut WaFd from a “hold” rating to a “sell” rating in a report on Friday, April 4th. Stephens reissued an “equal weight” rating and set a $38.00 price objective on shares of WaFd in a report on Friday, January 17th. Finally, DA Davidson lowered WaFd from a “buy” rating to a “neutral” rating and cut their target price for the company from $35.00 to $32.00 in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $33.75.

WaFd Stock Down 1.3 %

Shares of WAFD stock opened at $24.79 on Monday. WaFd has a 12 month low of $24.00 and a 12 month high of $38.62. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.05. The firm has a market cap of $2.02 billion, a PE ratio of 11.42 and a beta of 0.79. The stock has a 50 day moving average of $28.77 and a 200-day moving average of $32.26.

WaFd Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a $0.27 dividend. The ex-dividend date was Friday, February 21st. This is a boost from WaFd’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.36%. WaFd’s dividend payout ratio is presently 49.77%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in shares of WaFd during the 4th quarter worth about $1,766,000. Barclays PLC increased its holdings in shares of WaFd by 33.3% during the third quarter. Barclays PLC now owns 161,958 shares of the bank’s stock worth $5,643,000 after buying an additional 40,499 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of WaFd by 4.5% during the fourth quarter. Principal Financial Group Inc. now owns 447,621 shares of the bank’s stock worth $14,431,000 after buying an additional 19,117 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of WaFd by 6.7% in the third quarter. Franklin Resources Inc. now owns 26,463 shares of the bank’s stock valued at $954,000 after acquiring an additional 1,669 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of WaFd by 20.0% in the 4th quarter. Handelsbanken Fonder AB now owns 18,574 shares of the bank’s stock worth $599,000 after acquiring an additional 3,100 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

WaFd Company Profile

WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.