Washington Federal Inc. (WAFD) Reaches New 1-Year High at $26.80
Shares of Washington Federal Inc. (NASDAQ:WAFD) hit a new 52-week high during trading on Tuesday . The company traded as high as $26.80 and last traded at $26.48, with a volume of 105,694 shares changing hands. The stock had previously closed at $26.67.
Separately, Zacks Investment Research upgraded Washington Federal from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Monday, July 18th.
The stock’s 50 day moving average price is $25.54 and its 200-day moving average price is $24.04. The company has a market cap of $2.39 billion and a price-to-earnings ratio of 15.09.
Washington Federal (NASDAQ:WAFD) last posted its quarterly earnings data on Thursday, July 14th. The company reported $0.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.04. On average, analysts expect that Washington Federal Inc. will post $1.73 EPS for the current year.
The business also recently disclosed 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 dividend on an annualized basis and a 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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