Washington Federal Stock Today

WAFD Stock  USD 28.39  0.20  0.70%   

Performance

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Odds Of Distress

Less than 5

 
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Washington Federal is trading at 28.39 as of the 25th of April 2024, a -0.7 percent decrease since the beginning of the trading day. The stock's lowest day price was 27.28. Washington Federal has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Washington Federal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Banks
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington. The company has 81.41 M outstanding shares of which 1.06 M shares are at this time shorted by private and institutional investors with about 2.21 trading days to cover. More on Washington Federal

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Washington Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Washington Federal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Washington Federal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentBrent CPA
Thematic IdeaBanking (View all Themes)
Business ConcentrationThrifts & Mortgage Finance, Banks - Regional, Financial Services, NASDAQ Composite, SP Small-Cap 600, NASDAQ Financial 100, NASDAQ Composite Total, Banking, Financials, Thrifts & Mortgage Finance, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Washington Federal report their recommendations after researching Washington Federal's financial statements, talking to executives and customers, or listening in on Washington Federal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Washington Federal. The Washington consensus assessment is calculated by taking the average forecast from all of the analysts covering Washington Federal.
Financial Strength
Based on the analysis of Washington Federal's profitability, liquidity, and operating efficiency, Washington Federal may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Washington Federal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01690.0132
Significantly Up
Pretty Stable
Asset Turnover0.03860.038
Fairly Up
Very volatile
Gross Profit Margin0.740.91
Significantly Down
Pretty Stable
Non Current Liabilities Total5.6 B4.2 B
Significantly Up
Slightly volatile
Total Assets27.1 B25.8 B
Sufficiently Up
Slightly volatile
Total Current Assets2.5 B3.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities159.9 M246.1 M
Way Down
Slightly volatile
Washington Federal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Washington Federal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Washington Federal's financial leverage. It provides some insight into what part of Washington Federal's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Washington Federal's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Washington Federal deploys its capital and how much of that capital is borrowed.
Liquidity
Washington Federal cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.65 B in liabilities with Debt to Equity (D/E) ratio of 6.54, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Washington Federal until it has trouble settling it off, either with new capital or with free cash flow. So, Washington Federal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Washington Federal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Washington to invest in growth at high rates of return. When we think about Washington Federal's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

136.78 Million
Washington Federal (WAFD) is traded on NASDAQ Exchange in USA. It is located in 425 Pike Street, Seattle, WA, United States, 98101 and employs 2,120 people. Washington Federal is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Washington Federal's market, we take the total number of its shares issued and multiply it by Washington Federal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Washington Federal conducts business under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 81.41 M outstanding shares of which 1.06 M shares are at this time shorted by private and institutional investors with about 2.21 trading days to cover. Washington Federal currently holds about 970.45 M in cash with 213.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.86.
Check Washington Federal Probability Of Bankruptcy
Ownership Allocation
Washington Federal owns a total of 81.41 Million outstanding shares. Over half of Washington Federal's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Washington Federal. Please watch out for any change in the institutional holdings of Washington Federal as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Washington Ownership Details

Washington Stock Price Odds Analysis

What are Washington Federal's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Washington Federal jumping above the current price in 90 days from now is about 35.94%. The Washington Federal probability density function shows the probability of Washington Federal stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.9341. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Washington Federal will likely underperform. Additionally, washington Federal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 28.39HorizonTargetOdds Above 28.39
63.75%90 days
 28.39 
35.94%
Based on a normal probability distribution, the odds of Washington Federal to move above the current price in 90 days from now is about 35.94 (This Washington Federal probability density function shows the probability of Washington Stock to fall within a particular range of prices over 90 days) .

Washington Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Washington Federal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Washington Federal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Washington Federal's value.
InstituionRecorded OnShares
William Blair Investment Management, Llc2023-12-31
936.5 K
Frontier Capital Management Co Inc2023-12-31
926.5 K
Goldman Sachs Group Inc2023-12-31
917.7 K
Northern Trust Corp2023-12-31
899.4 K
American Century Companies Inc2023-12-31
818 K
Bank Of New York Mellon Corp2023-12-31
713.3 K
Lsv Asset Management2023-12-31
641.7 K
Morgan Stanley - Brokerage Accounts2023-12-31
593.5 K
Clearbridge Advisors, Llc2023-12-31
593.2 K
Blackrock Inc2023-12-31
9.3 M
Vanguard Group Inc2023-12-31
7.8 M
View Washington Federal Diagnostics

Washington Federal Historical Income Statement

Washington Federal Income Statement is one of the three primary financial statements used for reporting Washington's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Washington Federal revenue and expense. Washington Federal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Washington Federal's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 374.6 M, whereas EBIT is forecasted to decline to about 365.4 M. View More Fundamentals

Washington Stock Against Markets

Picking the right benchmark for Washington Federal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Washington Federal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Washington Federal is critical whether you are bullish or bearish towards Washington Federal at a given time. Please also check how Washington Federal's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Washington Federal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Washington Federal Corporate Directors

Washington Federal corporate directors refer to members of a Washington Federal board of directors. The board of directors generally takes responsibility for the Washington Federal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Washington Federal's board members must vote for the resolution. The Washington Federal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Anna JohnsonIndependent DirectorProfile
Steve SinghIndependent DirectorProfile
David GrantIndependent DirectorProfile
Erin LantzDirectorProfile

How to buy Washington Stock?

Before investing in Washington Federal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Washington Federal. To buy Washington Federal stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Washington Federal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Washington Federal stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Washington Federal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Washington Federal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Washington Federal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Washington Stock please use our How to Invest in Washington Federal guide.

Already Invested in Washington Federal?

The danger of trading Washington Federal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Washington Federal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Washington Federal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Washington Federal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Washington Federal is a strong investment it is important to analyze Washington Federal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Washington Federal's future performance. For an informed investment choice regarding Washington Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
Note that the Washington Federal information on this page should be used as a complementary analysis to other Washington Federal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Washington Federal's price analysis, check to measure Washington Federal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Washington Federal is operating at the current time. Most of Washington Federal's value examination focuses on studying past and present price action to predict the probability of Washington Federal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Federal's price. Additionally, you may evaluate how the addition of Washington Federal to your portfolios can decrease your overall portfolio volatility.
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Is Washington Federal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Federal. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Federal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Dividend Share
1.02
Earnings Share
3.41
Revenue Per Share
9.797
Quarterly Revenue Growth
(0.14)
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.