Zacks Research Weighs in on WaFd, Inc’s Q1 2025 Earnings (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Research analysts at Zacks Research lifted their Q1 2025 earnings estimates for shares of WaFd in a research report issued to clients and investors on Friday, August 2nd. Zacks Research analyst S. Shah now expects that the bank will earn $0.71 per share for the quarter, up from their previous forecast 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 several other reports. Stephens increased their price objective on WaFd from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Thursday, July 18th. Piper Sandler lifted their price objective on WaFd from $29.00 to $31.00 and gave the company a “neutral” rating in a report on Monday, May 20th. StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a research report on Thursday, July 18th. Finally, DA Davidson reissued a “buy” rating and set a $35.00 price objective on shares of WaFd in a report on Thursday, April 11th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.25.

WaFd Price Performance

Shares of NASDAQ:WAFD opened at $32.77 on Monday. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 12.46 and a beta of 0.83. The business has a 50 day moving average price of $29.78 and a 200 day moving average price of $28.75. 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 twelve month low of $23.36 and a twelve month high of $36.52.

WaFd (NASDAQ:WAFD) last announced its earnings results on Tuesday, July 16th. The bank reported $0.75 EPS for the quarter, topping 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 firm had revenue of $194.44 million for the quarter, compared to the consensus estimate of $185.36 million. During the same quarter last year, the firm posted $0.89 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in WaFd in the fourth quarter valued at about $15,363,000. Hsbc Holdings PLC acquired a new stake in shares of WaFd during the 4th quarter worth approximately $9,270,000. Victory Capital Management Inc. raised its stake in shares of WaFd by 113.4% during the second quarter. Victory Capital Management Inc. now owns 272,721 shares of the bank’s stock worth $7,794,000 after buying an additional 144,920 shares during the last quarter. Foundry Partners LLC lifted its holdings in WaFd by 113.8% in the first quarter. Foundry Partners LLC now owns 261,656 shares of the bank’s stock valued at $7,596,000 after buying an additional 139,244 shares during the period. Finally, Vanguard Group Inc. boosted its stake in WaFd by 1.6% in the first quarter. Vanguard Group Inc. now owns 7,902,461 shares of the bank’s stock valued at $229,408,000 after acquiring an additional 125,020 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 declared a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 24th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.04 dividend on an annualized basis and a yield of 3.17%. WaFd’s dividend payout ratio is 39.54%.

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.