What is DA Davidson’s Forecast for WaFd Q1 Earnings?

WaFd, Inc (NASDAQ:WAFD) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for WaFd in a note issued to investors on Monday, October 21st. DA Davidson analyst J. Rulis anticipates that the bank will post earnings of $0.71 per share for the quarter. DA Davidson currently has a “Buy” rating and a $41.00 target price on the stock. The consensus estimate for WaFd’s current full-year earnings is $3.06 per share.

WAFD has been the subject of a number of other research reports. Piper Sandler cut their price objective on shares of WaFd from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Monday. StockNews.com cut shares of WaFd from a “hold” rating to a “sell” rating in a research note on Thursday, October 3rd. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $40.00 price objective on shares of WaFd in a research note on Monday. Finally, Stephens boosted their target price on shares of WaFd from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $38.00.

WaFd Trading Down 0.1 %

NASDAQ WAFD opened at $33.95 on Tuesday. WaFd has a 1 year low of $23.36 and a 1 year high of $37.49. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.11 and a quick ratio of 1.09. The company has a fifty day moving average of $35.31 and a 200 day moving average of $31.41. The company has a market capitalization of $2.76 billion, a PE ratio of 13.69 and a beta of 0.83.

WaFd (NASDAQ:WAFD) last posted its earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. The company had revenue of $389.98 million during the quarter, compared to the consensus estimate of $190.43 million. WaFd had a net margin of 13.97% and a return on equity of 9.65%. During the same period in the previous year, the firm posted $0.72 earnings per share.

Hedge Funds Weigh In On WaFd

Large investors have recently made changes to their positions in the stock. Edgestream Partners L.P. lifted its holdings in shares of WaFd by 353.2% in the 1st quarter. Edgestream Partners L.P. now owns 102,577 shares of the bank’s stock worth $2,978,000 after acquiring an additional 79,942 shares during the last quarter. BNP Paribas Financial Markets increased its stake in 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 buying an additional 16,534 shares during the period. Tidal Investments LLC purchased a new stake in WaFd during the 1st quarter worth approximately $653,000. Renaissance Technologies LLC increased its stake in WaFd by 24.1% during the 2nd quarter. Renaissance Technologies LLC now owns 139,530 shares of the bank’s stock worth $3,988,000 after buying an additional 27,100 shares during the period. Finally, Vanguard Group Inc. increased its stake in WaFd by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 7,902,461 shares of the bank’s stock worth $229,408,000 after buying an additional 125,020 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

WaFd Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were issued a $0.26 dividend. The ex-dividend date was Friday, August 23rd. This represents a $1.04 annualized dividend and a dividend yield of 3.06%. WaFd’s dividend payout ratio is currently 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.