Zacks Research Analysts Decrease Earnings Estimates for WaFd

WaFd, Inc (NASDAQ:WAFD) – Zacks Research reduced their Q2 2025 earnings estimates for shares of WaFd in a research report issued to clients and investors on Monday, February 17th. Zacks Research analyst R. Department now expects that the bank will post earnings of $0.60 per share for the quarter, down from their previous forecast of $0.62. The consensus estimate for WaFd’s current full-year earnings is $2.58 per share. Zacks Research also issued estimates for WaFd’s Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.57 EPS, Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.92 EPS, Q1 2027 earnings at $0.74 EPS and FY2027 earnings at $3.04 EPS.

Several other equities analysts have also weighed in on WAFD. Keefe, Bruyette & Woods decreased their target price on shares of WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a report on Tuesday, January 21st. DA Davidson lowered shares of WaFd from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $35.00 to $32.00 in a report on Thursday, February 6th. Piper Sandler decreased their price objective on shares of WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, January 21st. Stephens restated an “equal weight” rating and issued a $38.00 price objective on shares of WaFd in a report on Friday, January 17th. Finally, StockNews.com upgraded shares of WaFd from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $33.75.

WaFd Stock Performance

NASDAQ:WAFD opened at $29.99 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 13.82 and a beta of 0.85. The company’s 50-day moving average is $31.55 and its two-hundred day moving average is $34.01. WaFd has a 1-year low of $25.78 and a 1-year high of $38.62.

Institutional Investors Weigh In On WaFd

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in WaFd by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 9,420,004 shares of the bank’s stock worth $303,701,000 after buying an additional 166,931 shares during the period. State Street Corp increased its stake in WaFd by 5.2% during the 3rd quarter. State Street Corp now owns 3,969,790 shares of the bank’s stock worth $138,347,000 after buying an additional 195,845 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in WaFd by 1.2% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,696,480 shares of the bank’s stock worth $119,175,000 after buying an additional 42,096 shares during the period. American Century Companies Inc. increased its stake in WaFd by 15.3% during the 4th quarter. American Century Companies Inc. now owns 1,774,081 shares of the bank’s stock worth $57,196,000 after buying an additional 234,977 shares during the period. Finally, Geode Capital Management LLC increased its stake in WaFd by 10.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,759,135 shares of the bank’s stock worth $61,318,000 after buying an additional 159,750 shares during the period. 83.71% of the stock is owned by hedge funds and other institutional investors.

WaFd Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid a dividend of $0.27 per share. This is an increase from WaFd’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Friday, February 21st. WaFd’s dividend payout ratio is presently 47.93%.

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.