Washington Federal Inc. (WAFD) Scheduled to Post Earnings on Wednesday
Washington Federal Inc. (NASDAQ:WAFD) will post its quarterly earnings results on Wednesday, October 19th. Analysts expect Washington Federal to post earnings of $0.44 per share for the quarter.
Washington Federal Inc. (NASDAQ:WAFD) opened at 26.61 on Tuesday. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 15.20 and a beta of 1.02. Washington Federal Inc. has a 12 month low of $19.11 and a 12 month high of $27.20. The company has a 50-day moving average of $26.55 and a 200 day moving average of $24.99.
Separately, Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Monday, July 18th.
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Hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Inc. acquired a new position in shares of Washington Federal during the second quarter valued at $134,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Washington Federal during the second quarter valued at $168,000. Jefferies Group LLC acquired a new position in shares of Washington Federal during the second quarter valued at $206,000. KCG Holdings Inc. acquired a new position in shares of Washington Federal during the second quarter valued at $374,000. Finally, Profund Advisors LLC boosted its position in shares of Washington Federal by 7.9% in the second quarter. Profund Advisors LLC now owns 16,433 shares of the company’s stock valued at $399,000 after buying an additional 1,201 shares in the last quarter. Institutional investors and hedge funds own 83.15% of the company’s stock.
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 Company’s principal activities consists of taking deposits from the 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 and other income producing properties, home equity loans and business loans.
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