DA Davidson Comments on WaFd’s Q2 Earnings (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for WaFd in a report released on Monday, January 20th. DA Davidson analyst J. Rulis anticipates that the bank will earn $0.60 per share for the quarter. DA Davidson currently has a “Buy” rating and a $41.00 price objective on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.67 per share. DA Davidson also issued estimates for WaFd’s FY2025 earnings at $2.50 EPS and FY2026 earnings at $3.00 EPS.

Several other equities research analysts also recently issued reports on WAFD. Stephens reissued an “equal weight” rating and set a $38.00 price objective on shares of WaFd in a research report on Friday, January 17th. Piper Sandler lowered their target price on WaFd from $37.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday. Keefe, Bruyette & Woods cut their price target on WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a report on Tuesday. Finally, StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, WaFd currently has a consensus rating of “Hold” and an average price target of $36.00.

WaFd Stock Performance

Shares of WAFD stock opened at $29.43 on Wednesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.08. WaFd has a 52 week low of $25.78 and a 52 week high of $38.62. The company’s 50 day moving average price is $33.92 and its two-hundred day moving average price is $34.41. The company has a market capitalization of $2.39 billion, a P/E ratio of 13.56 and a beta of 0.87.

Institutional Investors Weigh In On WaFd

Several large investors have recently made changes to their positions in the stock. Blue Trust Inc. raised its position in WaFd by 80.8% during the third quarter. Blue Trust Inc. now owns 1,188 shares of the bank’s stock worth $41,000 after acquiring an additional 531 shares in the last quarter. McIlrath & Eck LLC increased its stake in shares of WaFd by 112.7% during the 3rd quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank’s stock worth $46,000 after purchasing an additional 701 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of WaFd by 100.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,644 shares of the bank’s stock valued at $47,000 after purchasing an additional 822 shares during the period. GAMMA Investing LLC lifted its stake in WaFd by 515.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,558 shares of the bank’s stock valued at $54,000 after purchasing an additional 1,305 shares during the last quarter. Finally, Covestor Ltd grew its holdings in WaFd by 60.1% during the third quarter. Covestor Ltd now owns 1,904 shares of the bank’s stock worth $66,000 after purchasing an additional 715 shares during the period. Institutional investors and hedge funds own 83.71% of the company’s stock.

Insider Transactions at WaFd

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $33.33, for a total transaction of $404,359.56. Following the transaction, the executive vice president now owns 100,376 shares of the company’s stock, valued at $3,345,532.08. The trade was a 10.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.46% of the company’s stock.

WaFd Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.26 per share. The ex-dividend date was Friday, November 22nd. This represents a $1.04 annualized dividend and a yield of 3.53%. WaFd’s dividend payout ratio (DPR) 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.