Washington Federal Inc. Sets New 1-Year High at $22.81 (WAFD)
Washington Federal (NASDAQ:WAFD) set a new 52-week high during trading hours on Wednesday, Analyst Ratings.Net reports. The company traded as high as $22.81 and last traded at $22.67, with a volume of 505,745 shares. The stock had previously closed at $22.04.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Washington Federal from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, October 3rd. They now have a $21.50 price target on the stock. Finally, analysts at McAdams Wright Ragen downgraded shares of Washington Federal to a “hold” rating in a research note to investors on Tuesday, July 23rd. Five equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $18.00.
Washington Federal has a 52 week low of $15.64 and a 52 week high of $22.78. The stock’s 50-day moving average is $20.83 and its 200-day moving average is $19.35. The company has a market cap of $2.363 billion and a price-to-earnings ratio of 16.21.
Washington Federal (NASDAQ:WAFD) last announced its earnings results on Thursday, October 17th. The company reported $0.41 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.05. During the same quarter last year, the company posted $0.33 earnings per share. Analysts expect that Washington Federal will post $1.82 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 18th. Shareholders of record on Friday, October 4th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, October 2nd. This is a positive change from Washington Federal’s previous quarterly dividend of $0.09.
Washington Federal, Inc is a non-diversified unitary savings and loan holding company, which conducts its operations through a federally-insured savings association subsidiary, Washington Federal (NASDAQ:WAFD).
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