Washington Federal (NASDAQ:WAFD) issued its quarterly earnings results on Tuesday. The bank reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.03, Fidelity Earnings reports. Washington Federal had a return on equity of 10.39% and a net margin of 29.61%. The firm had revenue of $135.71 million during the quarter, compared to analyst estimates of $134.17 million.
Shares of WAFD stock traded up $0.39 on Thursday, reaching $35.15. 387,977 shares of the company’s stock were exchanged, compared to its average volume of 430,906. Washington Federal has a 52 week low of $24.67 and a 52 week high of $35.60. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.30. The company has a market cap of $2.78 billion, a PE ratio of 14.65, a PEG ratio of 1.92 and a beta of 1.15. The business has a fifty day moving average of $33.65.
A number of equities research analysts recently issued reports on the company. BidaskClub raised Zillow Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 2nd. ValuEngine lowered Wave Life Sciences from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. Finally, Piper Jaffray Companies set a $92.00 price target on Wintrust Financial and gave the stock a “buy” rating in a research note on Monday, July 8th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Washington Federal has a consensus rating of “Hold” and a consensus price target of $35.33.
Washington Federal, Inc operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
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