Media coverage about Washington Federal (NASDAQ:WAFD) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Washington Federal earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.2475647123378 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research note on Monday, October 23rd. Royal Bank Of Canada reiterated a “hold” rating and set a $36.00 target price on shares of Washington Federal in a research note on Friday, October 20th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research note on Tuesday, July 25th. Piper Jaffray Companies reiterated a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research note on Friday, October 6th. Finally, BidaskClub lowered shares of Washington Federal from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Washington Federal has an average rating of “Hold” and a consensus target price of $36.00.
Washington Federal (NASDAQ:WAFD) traded up $0.20 during trading hours on Tuesday, hitting $34.10. The stock had a trading volume of 373,277 shares, compared to its average volume of 405,094. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.03. The stock has a market cap of $2,929.70, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.63 and a beta of 1.16. Washington Federal has a 52-week low of $29.80 and a 52-week high of $35.95.
Washington Federal (NASDAQ:WAFD) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.52 EPS for the quarter, topping the consensus estimate of $0.49 by $0.03. The firm had revenue of $128.69 million during the quarter, compared to analyst estimates of $121.46 million. Washington Federal had a return on equity of 8.63% and a net margin of 28.87%. research analysts anticipate that Washington Federal will post 2.07 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 6th were paid a $0.15 dividend. The ex-dividend date was Friday, November 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.76%. Washington Federal’s payout ratio is presently 30.93%.
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About Washington Federal
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.
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