Zacks Research Analysts Lower Earnings Estimates for WaFd

WaFd, Inc (NASDAQ:WAFD) – Research analysts at Zacks Research reduced their Q1 2025 EPS estimates for shares of WaFd in a report issued on Tuesday, November 12th. Zacks Research analyst S. Shah now forecasts that the bank will post earnings of $0.68 per share for the quarter, down from their previous estimate of $0.69. The consensus estimate for WaFd’s current full-year earnings is $2.83 per share. Zacks Research also issued estimates for WaFd’s Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.71 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.86 EPS, Q1 2026 earnings at $0.80 EPS, Q2 2026 earnings at $0.82 EPS, Q3 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $3.23 EPS.

WaFd (NASDAQ:WAFD) last released its quarterly earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $190.43 million. During the same quarter in the prior year, the firm earned $0.72 EPS.

WAFD has been the topic of a number of other research reports. StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a report on Tuesday. Piper Sandler lowered their price target on shares of WaFd from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. DA Davidson increased their price objective on shares of WaFd from $39.00 to $41.00 and gave the company a “buy” rating in a report on Monday, October 21st. Stephens boosted their target price on WaFd from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Thursday, July 18th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $40.00 price objective on shares of WaFd in a research report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $38.00.

WaFd Stock Performance

NASDAQ WAFD opened at $37.16 on Thursday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.09. The stock’s 50 day simple moving average is $35.19 and its 200-day simple moving average is $32.25. The company has a market cap of $3.02 billion, a PE ratio of 14.98 and a beta of 0.83. WaFd has a 1-year low of $25.78 and a 1-year high of $38.58.

Insider Buying and Selling at WaFd

In other news, EVP Ryan Mauer sold 12,132 shares of WaFd stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $33.33, for a total transaction of $404,359.56. Following the sale, the executive vice president now owns 100,376 shares of the company’s stock, valued at approximately $3,345,532.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.25% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On WaFd

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets increased its position in shares of WaFd by 94.4% during the 1st quarter. BNP Paribas Financial Markets now owns 34,046 shares of the bank’s stock worth $988,000 after purchasing an additional 16,534 shares during the last quarter. Mutual of America Capital Management LLC raised its stake in shares of WaFd by 3.3% in the 1st quarter. Mutual of America Capital Management LLC now owns 11,703 shares of the bank’s stock valued at $340,000 after acquiring an additional 372 shares during the period. Texas Permanent School Fund Corp lifted its holdings in shares of WaFd by 6.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 59,451 shares of the bank’s stock worth $1,726,000 after acquiring an additional 3,552 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of WaFd during the 1st quarter worth approximately $331,000. Finally, SG Americas Securities LLC acquired a new stake in WaFd in the 1st quarter valued at approximately $237,000. Institutional investors and hedge funds 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.