Washington Federal (NASDAQ:WAFD) released its quarterly earnings results on Monday. The bank reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.02, Fidelity Earnings reports. Washington Federal had a net margin of 30.16% and a return on equity of 10.31%. During the same period in the previous year, the company earned $0.57 EPS.
Shares of WAFD stock opened at $32.27 on Wednesday. Washington Federal has a 12 month low of $24.67 and a 12 month high of $35.25. The firm has a market cap of $2.48 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 1.74 and a beta of 1.11. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.28.
Several analysts recently weighed in on the stock. ValuEngine upgraded shares of Washington Federal from a “sell” rating to a “hold” rating in a report on Tuesday. BidaskClub cut shares of Washington Federal from a “buy” rating to a “hold” rating in a report on Thursday, March 14th. Zacks Investment Research upgraded shares of Washington Federal from a “sell” rating to a “hold” rating in a report on Monday, March 4th. Finally, TheStreet upgraded shares of Washington Federal from a “c+” rating to a “b-” rating in a report on Thursday, January 24th. Four analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $36.00.
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About Washington Federal
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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