Washington Federal, Inc. (WAFD) to Release Quarterly Earnings on Tuesday

Washington Federal, Inc. (NASDAQ:WAFD) is set to announce its earnings results before the market opens on Tuesday, October 17th. Analysts expect the company to announce earnings of $0.49 per share for the quarter.

Washington Federal (NASDAQ:WAFD) last announced its quarterly earnings results on Tuesday, July 18th. The bank reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $122.54 million for the quarter, compared to the consensus estimate of $120.35 million. Washington Federal had a return on equity of 8.57% and a net margin of 29.06%. On average, analysts expect Washington Federal to post $1.91 EPS for the current fiscal year and $2.04 EPS for the next fiscal year.

Washington Federal, Inc. (WAFD) opened at 34.00 on Tuesday. The firm has a market cap of $3.01 billion, a P/E ratio of 17.89 and a beta of 1.14. Washington Federal, Inc. has a 12 month low of $25.15 and a 12 month high of $35.95. The firm’s 50-day moving average price is $32.19 and its 200-day moving average price is $32.87.

In other Washington Federal news, Director Thomas J. Kelley sold 6,100 shares of Washington Federal stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $33.72, for a total transaction of $205,692.00. Following the transaction, the director now owns 21,185 shares of the company’s stock, valued at approximately $714,358.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.28% of the stock is owned by company insiders.

Several equities analysts have commented on WAFD shares. Zacks Investment Research raised shares of Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Friday, September 1st. Piper Jaffray Companies reissued a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research report on Friday. ValuEngine raised shares of Washington Federal from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. BidaskClub cut shares of Washington Federal from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.50.

COPYRIGHT VIOLATION NOTICE: This article was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://ledgergazette.com/2017/10/10/washington-federal-inc-wafd-to-release-quarterly-earnings-on-tuesday.html.

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,

Washington Federal (NASDAQ:WAFD) last announced its quarterly earnings results on Tuesday, July 18th. The bank reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $122.54 million for the quarter, compared to the consensus estimate of $120.35 million. Washington Federal had a return on equity of 8.57% and a net margin of 29.06%. On average, analysts expect Washington Federal to post $1.91 EPS for the current fiscal year and $2.04 EPS for the next fiscal year.

Washington Federal, Inc. (WAFD) opened at 34.00 on Tuesday. The firm has a market cap of $3.01 billion, a P/E ratio of 17.89 and a beta of 1.14. Washington Federal, Inc. has a 12 month low of $25.15 and a 12 month high of $35.95. The firm’s 50-day moving average price is $32.19 and its 200-day moving average price is $32.87.

In other Washington Federal news, Director Thomas J. Kelley sold 6,100 shares of Washington Federal stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $33.72, for a total transaction of $205,692.00. Following the transaction, the director now owns 21,185 shares of the company’s stock, valued at approximately $714,358.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.28% of the stock is owned by company insiders.

Several equities analysts have commented on WAFD shares. Zacks Investment Research raised shares of Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Friday, September 1st. Piper Jaffray Companies reissued a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research report on Friday. ValuEngine raised shares of Washington Federal from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. BidaskClub cut shares of Washington Federal from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.50.

COPYRIGHT VIOLATION NOTICE: This article was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://ledgergazette.com/2017/10/10/washington-federal-inc-wafd-to-release-quarterly-earnings-on-tuesday.html.

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.

Earnings History for Washington Federal (NASDAQ:WAFD)

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