Washington Federal Inc. (WAFD) Hits New 1-Year High at $26.35
Washington Federal Inc. (NASDAQ:WAFD)’s share price hit 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 traded. The stock had previously closed at $26.05.
Separately, Zacks Investment Research raised 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.
The firm’s 50 day moving average price is $25.30 and its 200-day moving average price is $23.78. The firm has a market cap of $2.38 billion and a P/E ratio of 15.04.
Washington Federal (NASDAQ:WAFD) last announced its earnings results on Thursday, July 14th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.43 by $0.04. Equities analysts forecast that Washington Federal Inc. will post $1.73 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Friday, August 5th were issued a $0.14 dividend. The ex-dividend date was Wednesday, August 3rd. This represents a $0.56 annualized dividend and a yield of 2.15%.
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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