WaFd, Inc to Post FY2025 Earnings of $3.20 Per Share, DA Davidson Forecasts (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Stock analysts at DA Davidson decreased their FY2025 earnings estimates for shares of WaFd in a research report issued to clients and investors on Wednesday, April 24th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $3.20 per share for the year, down from their prior estimate of $3.65. DA Davidson has a “Buy” rating and a $35.00 price objective on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.58 per share.

Other equities research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of WaFd from a “hold” rating to a “sell” rating in a research report on Thursday, March 21st. Stephens reissued an “equal weight” rating and set a $32.00 price objective on shares of WaFd in a research report on Tuesday. Finally, Keefe, Bruyette & Woods cut their price objective on shares of WaFd from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, January 18th.

WaFd Trading Down 0.0 %

NASDAQ:WAFD opened at $27.91 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.80. WaFd has a 12 month low of $23.36 and a 12 month high of $34.07. The company has a market cap of $1.81 billion, a PE ratio of 10.61 and a beta of 0.85. The company has a 50 day simple moving average of $27.74 and a two-hundred day simple moving average of $28.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of WAFD. Norges Bank bought a new position in WaFd in the 4th quarter worth $15,363,000. Hsbc Holdings PLC bought a new position in WaFd in the 4th quarter worth $9,270,000. Fuller & Thaler Asset Management Inc. boosted its holdings in WaFd by 9.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,201,972 shares of the bank’s stock worth $56,415,000 after buying an additional 192,061 shares during the period. Panagora Asset Management Inc. bought a new position in WaFd in the 3rd quarter worth $3,732,000. Finally, Dimensional Fund Advisors LP boosted its holdings in WaFd by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,261,777 shares of the bank’s stock worth $173,430,000 after buying an additional 123,575 shares during the period. Institutional investors own 83.71% of the company’s stock.

WaFd Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were issued a $0.26 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.04 annualized dividend and a yield of 3.73%. This is an increase from WaFd’s previous quarterly dividend of $0.25. WaFd’s dividend payout ratio is currently 39.54%.

About WaFd

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.