Zacks Research Has Bearish Estimate for WaFd Q1 Earnings

WaFd, Inc (NASDAQ:WAFD) – Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for WaFd in a note issued to investors on Tuesday, November 12th. Zacks Research analyst S. Shah now forecasts that the bank will post earnings per share of $0.68 for the quarter, down from their prior forecast 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 posted its earnings results on Thursday, October 17th. The bank reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. The firm had revenue of $389.98 million during the quarter, compared to the consensus estimate of $190.43 million. WaFd had a return on equity of 9.44% and a net margin of 13.97%. During the same period in the prior year, the company earned $0.72 EPS.

A number of other research firms have also weighed in on WAFD. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $40.00 price objective on shares of WaFd in a research report on Monday, October 21st. StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday. DA Davidson lifted 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. Piper Sandler lowered their price target on WaFd from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, October 21st. Finally, Stephens lifted their target price on WaFd from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Thursday, July 18th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $38.00.

WaFd Stock Down 0.7 %

Shares of NASDAQ:WAFD opened at $37.16 on Thursday. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 14.98 and a beta of 0.83. WaFd has a 12 month low of $25.78 and a 12 month high of $38.58. The company has a current ratio of 1.08, a quick ratio of 1.09 and a debt-to-equity ratio of 1.21. The company has a 50-day moving average price of $35.19 and a 200 day moving average price of $32.25.

Insider Transactions at WaFd

In related news, EVP Ryan Mauer sold 12,132 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was 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 $3,345,532.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.25% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of WaFd by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 7,902,461 shares of the bank’s stock worth $229,408,000 after purchasing an additional 125,020 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of WaFd by 31.6% during the second quarter. American Century Companies Inc. now owns 1,274,665 shares of the bank’s stock worth $36,430,000 after purchasing an additional 305,942 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in WaFd by 7.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,225,248 shares of the bank’s stock worth $42,700,000 after purchasing an additional 84,155 shares during the period. Bank of New York Mellon Corp raised its stake in shares of WaFd by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 728,619 shares of the bank’s stock valued at $20,824,000 after buying an additional 9,262 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in shares of WaFd by 2.2% in the 1st quarter. Clearbridge Investments LLC now owns 606,140 shares of the bank’s stock valued at $17,596,000 after buying an additional 12,910 shares during the period. 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.