Headlines about Washington Federal (NASDAQ:WAFD) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Federal earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 39 out of 100, meaning that recent media coverage is unlikely to have an effect on the company’s share price in the near term.
Shares of Washington Federal (NASDAQ:WAFD) traded down 1.85% during trading on Friday, reaching $31.85. 514,918 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $33.24 and a 200 day moving average price of $33.26. Washington Federal has a 12 month low of $25.08 and a 12 month high of $35.95. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 16.75 and a beta of 1.12.
Washington Federal (NASDAQ:WAFD) last announced its quarterly earnings data on Tuesday, July 18th. The bank reported $0.49 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.02. Washington Federal had a return on equity of 8.57% and a net margin of 29.06%. The firm had revenue of $122.54 million for the quarter, compared to the consensus estimate of $120.35 million. On average, analysts forecast that Washington Federal will post $1.91 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 4th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.88%. Washington Federal’s payout ratio is 31.41%.
A number of research firms recently issued reports on WAFD. BidaskClub downgraded shares of Washington Federal from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Keefe, Bruyette & Woods restated a “hold” rating and set a $34.00 price objective on shares of Washington Federal in a report on Tuesday, July 25th. Finally, Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Friday, July 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $34.00.
In other Washington Federal news, Director Anna C. Johnson sold 4,200 shares of Washington Federal stock in a transaction on Friday, May 26th. The stock was sold at an average price of $32.25, for a total value of $135,450.00. Following the sale, the director now owns 28,590 shares in the company, valued at $922,027.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas J. Kelley sold 6,100 shares of the business’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $33.72, for a total value of $205,692.00. Following the completion of the sale, the director now owns 21,185 shares in the company, valued at approximately $714,358.20. The disclosure for this sale can be found here. 1.28% of the stock is owned by insiders.
Washington Federal Company Profile
Washington Federal, Inc is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans.
What are top analysts saying about Washington Federal Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Washington Federal Inc. and related companies.