WaFd, Inc to Post Q1 2025 Earnings of $0.71 Per Share, Zacks Research Forecasts (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Investment analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for WaFd in a research report issued to clients and investors on Friday, August 2nd. Zacks Research analyst S. Shah now anticipates that the bank will post earnings per share of $0.71 for the quarter, up from their prior estimate of $0.70. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share. Zacks Research also issued estimates for WaFd’s Q2 2025 earnings at $0.70 EPS and FY2025 earnings at $3.01 EPS.

WAFD has been the subject of a number of other research reports. DA Davidson reissued a “buy” rating and set a $35.00 price target on shares of WaFd in a research report on Thursday, April 11th. Stephens raised their price objective on shares of WaFd from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Thursday, July 18th. StockNews.com upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research note on Thursday, July 18th. Finally, Piper Sandler lifted their price target on WaFd from $29.00 to $31.00 and gave the stock a “neutral” rating in a research note on Monday, May 20th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $34.25.

WaFd Stock Up 1.8 %

NASDAQ WAFD opened at $32.77 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 1.52. WaFd has a fifty-two week low of $23.36 and a fifty-two week high of $36.52. The business has a 50 day moving average price of $29.78 and a two-hundred day moving average price of $28.75. The stock has a market cap of $2.67 billion, a PE ratio of 12.46 and a beta of 0.83.

WaFd (NASDAQ:WAFD) last posted its earnings results on Tuesday, July 16th. The bank reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.18. WaFd had a net margin of 14.13% and a return on equity of 9.58%. The business had revenue of $194.44 million for the quarter, compared to analyst estimates of $185.36 million. During the same quarter in the previous year, the business posted $0.89 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis.

Institutional Investors Weigh In On WaFd

A number of institutional investors have recently modified their holdings of WAFD. DekaBank Deutsche Girozentrale bought a new position in shares of WaFd in the fourth quarter valued at approximately $201,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in WaFd by 4.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,496 shares of the bank’s stock worth $972,000 after acquiring an additional 1,250 shares during the period. Sequoia Financial Advisors LLC acquired a new position in WaFd during the 4th quarter worth $253,000. Louisiana State Employees Retirement System bought a new stake in WaFd during the fourth quarter valued at about $1,068,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of WaFd by 26.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,730 shares of the bank’s stock valued at $486,000 after purchasing an additional 3,114 shares during the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

WaFd Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 24th were given a $0.26 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.04 annualized dividend and a dividend yield of 3.17%. WaFd’s dividend payout ratio (DPR) is presently 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.