Washington Federal (WAFD) Receives Coverage Optimism Score of 0.14
Media stories about Washington Federal (NASDAQ:WAFD) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Federal earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.4688343664039 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Zacks: Brokerages Anticipate Washington Federal, Inc. (WAFD) Will Announce Quarterly Sales of $124.98 Million (americanbankingnews.com)
- Washington Federal, Inc. – Value Analysis (NASDAQ:WAFD) : November 13, 2017 (finance.yahoo.com)
- Washington Federal, Inc. breached its 50 day moving average in a Bearish Manner : WAFD-US : November 10, 2017 (finance.yahoo.com)
- Washington Federal, Inc. (WAFD) Expected to Post Earnings of $0.51 Per Share (americanbankingnews.com)
Several analysts have recently issued reports on WAFD shares. Zacks Investment Research upgraded Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Friday, September 1st. ValuEngine upgraded Washington Federal from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Royal Bank Of Canada restated a “hold” rating and set a $36.00 price objective on shares of Washington Federal in a report on Friday, October 20th. Piper Jaffray Companies reiterated a “hold” rating and issued a $34.00 price target on shares of Washington Federal in a research report on Friday, October 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research note on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $36.00.
Washington Federal (NASDAQ WAFD) traded up $0.10 during trading on Thursday, hitting $33.45. 404,090 shares of the stock traded hands, compared to its average volume of 406,219. The stock has a market cap of $2,920.98, a PE ratio of 17.27, a P/E/G ratio of 1.62 and a beta of 1.16. Washington Federal has a 12-month low of $29.80 and a 12-month high of $35.95. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.03 and a current ratio of 1.02.
Washington Federal (NASDAQ:WAFD) last announced its earnings results on Wednesday, October 18th. The bank reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. The firm had revenue of $128.69 million for the quarter, compared to analyst estimates of $121.46 million. Washington Federal had a net margin of 28.87% and a return on equity of 8.63%. equities research analysts forecast that Washington Federal will post 2.07 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Monday, November 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, November 3rd. Washington Federal’s payout ratio is currently 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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