Shares of Washington Federal Inc. (NASDAQ:WAFD) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $26.35 and last traded at $26.35, with a volume of 104,910 shares. The stock had previously closed at $26.05.

Separately, Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Monday, July 18th.

The firm has a market capitalization of $2.41 billion and a price-to-earnings ratio of 15.23. The firm has a 50 day moving average of $25.41 and a 200 day moving average of $23.92.

Washington Federal (NASDAQ:WAFD) last released its quarterly earnings data on Thursday, July 14th. The company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.04. On average, equities analysts expect that Washington Federal Inc. will post $1.73 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Friday, August 5th were paid a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, August 3rd. This represents a $0.56 annualized dividend and a dividend yield of 2.10%.

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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