What is DA Davidson’s Estimate for WaFd FY2026 Earnings?

WaFd, Inc (NASDAQ:WAFD) – Equities researchers at DA Davidson issued their FY2026 earnings estimates for shares of WaFd in a note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings of $3.60 per share for the year. DA Davidson currently has a “Buy” rating and a $41.00 price target on the stock. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share.

Several other brokerages have also issued reports on WAFD. Piper Sandler lowered their target price on WaFd from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $40.00 price objective on shares of WaFd in a research note on Monday, October 21st. Finally, StockNews.com upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $38.00.

WaFd Trading Up 2.2 %

NASDAQ:WAFD opened at $32.64 on Monday. WaFd has a 12 month low of $25.78 and a 12 month high of $38.62. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.21. The firm’s 50 day moving average is $35.62 and its 200 day moving average is $33.72. The stock has a market capitalization of $2.66 billion, a PE ratio of 13.16 and a beta of 0.84.

WaFd (NASDAQ:WAFD) last released its earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. WaFd had a net margin of 13.97% and a return on equity of 9.44%. The firm had revenue of $389.98 million for the quarter, compared to analysts’ expectations of $190.43 million. During the same period in the previous year, the company earned $0.72 earnings per share.

WaFd Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date of this dividend was Friday, November 22nd. WaFd’s payout ratio is presently 41.94%.

Insider Activity

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $33.33, for a total value of $404,359.56. Following the completion of the transaction, the executive vice president now directly owns 100,376 shares of the company’s stock, valued at $3,345,532.08. This trade represents a 10.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.25% of the company’s stock.

Institutional Investors Weigh In On WaFd

A number of institutional investors and hedge funds have recently made changes to their positions in WAFD. Blue Trust Inc. increased its stake in WaFd by 80.8% in the 3rd quarter. Blue Trust Inc. now owns 1,188 shares of the bank’s stock worth $41,000 after acquiring an additional 531 shares during the last quarter. McIlrath & Eck LLC increased its position in shares of WaFd by 112.7% in the third 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. GAMMA Investing LLC increased its position in shares of WaFd by 515.8% in the third quarter. GAMMA Investing LLC now owns 1,558 shares of the bank’s stock worth $54,000 after purchasing an additional 1,305 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in WaFd by 100.0% in the second 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 in the last quarter. Finally, Covestor Ltd lifted its position in WaFd by 60.1% during the third quarter. Covestor Ltd now owns 1,904 shares of the bank’s stock valued at $66,000 after purchasing an additional 715 shares during the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

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.