Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Washington Federal, Inc is a banks—regional business based in the US. Washington Federal shares (WAFD) are listed on the NASDAQ and all prices are listed in US Dollars. Washington Federal employs 2,062 staff and has a trailing 12-month revenue of around USD$567.7 million.
Since the stock market crash in March caused by coronavirus, Washington Federal's share price has had significant negative movement.
Its last market close was USD$22.49, which is 35.02% down on its pre-crash value of USD$34.61 and 7.53% up on the lowest point reached during the March crash when the shares fell as low as USD$20.915.
If you had bought USD$1,000 worth of Washington Federal shares at the start of February 2020, those shares would have been worth USD$627.35 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$651.09.
|Latest market close||USD$22.49|
|52-week range||USD$20.01 - USD$38.18|
|50-day moving average||USD$22.4871|
|200-day moving average||USD$24.5442|
|Wall St. target price||USD$26.67|
|Dividend yield||USD$0.88 (3.83%)|
|Earnings per share (TTM)||USD$2.461|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-12)||-5.15%|
|1 month (2020-09-18)||1.31%|
|3 months (2020-07-17)||-8.28%|
|6 months (2020-04-17)||-8.98%|
|1 year (2019-10-18)||-37.71%|
|2 years (2018-10-19)||-22.58%|
|3 years (2017-10-19)||-35.65%|
|5 years (2015-10-19)||-4.30%|
Valuing Washington Federal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Washington Federal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Washington Federal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Washington Federal shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Washington Federal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.67. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Washington Federal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$567.7 million|
|Operating margin TTM||48.25%|
|Gross profit TTM||USD$545 million|
|Return on assets TTM||1.11%|
|Return on equity TTM||9.56%|
|Market capitalisation||USD$1.7 billion|
TTM: trailing 12 months
There are currently 1.3 million Washington Federal shares held short by investors – that's known as Washington Federal's "short interest". This figure is 22.5% down from 1.7 million last month.
There are a few different ways that this level of interest in shorting Washington Federal shares can be evaluated.
Washington Federal's "short interest ratio" (SIR) is the quantity of Washington Federal shares currently shorted divided by the average quantity of Washington Federal shares traded daily (recently around 374458.61111111). Washington Federal's SIR currently stands at 3.6. In other words for every 100,000 Washington Federal shares traded daily on the market, roughly 3600 shares are currently held short.
However Washington Federal's short interest can also be evaluated against the total number of Washington Federal shares, or, against the total number of tradable Washington Federal shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Washington Federal's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Washington Federal shares in existence, roughly 20 shares are currently held short) or 0.0239% of the tradable shares (for every 100,000 tradable Washington Federal shares, roughly 24 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Washington Federal.
Find out more about how you can short Washington Federal stock.
Dividend payout ratio: 39.73% of net profits
Recently Washington Federal has paid out, on average, around 39.73% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Washington Federal shareholders could enjoy a 3.83% return on their shares, in the form of dividend payments. In Washington Federal's case, that would currently equate to about $0.88 per share.
While Washington Federal's payout ratio might seem fairly standard, it's worth remembering that Washington Federal may be investing much of the rest of its net profits in future growth.
Washington Federal's most recent dividend payout was on 21 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 August 2020 (the "ex-dividend date").
Washington Federal's shares were split on a 11:10 basis on 2 February 2005. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your Washington Federal shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Washington Federal shares which in turn could have impacted Washington Federal's share price.
Over the last 12 months, Washington Federal's shares have ranged in value from as little as $20.01 up to $38.18. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Washington Federal's is 0.9526. This would suggest that Washington Federal's shares are less volatile than average (for this exchange).
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. It also provides single-family residential, construction, land acquisition and development, land consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, business, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2019, the company had 234 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.