DA Davidson Comments on WaFd’s FY2026 Earnings (NASDAQ:WAFD)

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

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

A number of other equities research analysts have also recently issued reports on WAFD. Piper Sandler dropped their price objective 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 reaffirmed a “market perform” rating and set a $40.00 price objective on shares of WaFd in a research report on Monday, October 21st. Finally, StockNews.com upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $38.00.

WaFd Price Performance

Shares of NASDAQ WAFD opened at $32.50 on Monday. The company has a fifty day moving average price of $35.55 and a 200 day moving average price of $33.75. WaFd has a 1-year low of $25.78 and a 1-year high of $38.62. The firm has a market cap of $2.64 billion, a PE ratio of 13.10 and a beta of 0.84. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.21.

Hedge Funds Weigh In On WaFd

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WAFD. Louisiana State Employees Retirement System grew its holdings in shares of WaFd by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 34,000 shares of the bank’s stock valued at $972,000 after purchasing an additional 400 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of WaFd by 1.1% in the third quarter. D.A. Davidson & CO. now owns 41,400 shares of the bank’s stock valued at $1,443,000 after acquiring an additional 437 shares during the period. Blue Trust Inc. raised its stake in shares of WaFd by 80.8% during the third quarter. Blue Trust Inc. now owns 1,188 shares of the bank’s stock valued at $41,000 after acquiring an additional 531 shares during the last quarter. McIlrath & Eck LLC grew its stake 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. Finally, Covestor Ltd raised its position in WaFd by 60.1% during the 3rd 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. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at WaFd

In other news, EVP Ryan Mauer sold 12,132 shares of WaFd stock in a transaction on Monday, November 4th. The stock was 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 in the company, valued at approximately $3,345,532.08. The trade was a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.25% of the stock is owned by corporate insiders.

WaFd Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were paid a $0.26 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.04 annualized dividend and a yield of 3.20%. WaFd’s payout ratio is 41.94%.

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.