How to Buy Wafd Stock
Wafd Inc
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States.
Wafd stock last closed at $26.70, down 0.15% from the previous day, and has decreased 9.25% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.17 percentage points. Wafd stock is currently +14.3% from its 52-week low of $23.36, and -21.63% from its 52-week high of $34.07.
As of Apr 17, 2024, there are 64.74M shares of WAFD outstanding. The market value of WAFD is $1.73B. In the last 24 hours, 513,454 WAFD shares were traded.
How to Buy Wafd Stock
Not sure how to invest in Wafd stock? Here's how.
- Figure out where to buy Wafd stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Wafd stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your details.
- Research Wafd stock: The Wafd ticker symbol is WAFD. Is Wafd stock a good investment? Should you buy shares of WAFD? How do WAFD's underlying business fundamentals look? Do top analysts think Wafd is a good buy? Why has WAFD's stock price moved recently? (Hint: Our stock market research tools can help you decide if WAFD is a good stock to buy).
- Execute your WAFD buy order: Decide if you will purchase WAFD shares at the current market price or use a limit order to buy WAFD shares at a given price.
- Keep tabs on your WAFD position: Create a watchlist to key updates about your position in Wafd stock.
Step 1: Figure out where to buy Wafd stock
You need an online brokerage account to access the NASDAQ market and buy WAFD stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in WAFD today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best beginner stock app, you need to deposit funds:
Check out the video below for more details transferring funds into your brokerage account.
Step 4: Research Wafd stock
After you have chosen the best place to buy Wafd stock, it's very important to evaluate their stock prior to buying, so you can understand the risk as well as the upside.
Wafd Numbers
WAFD Zen Score
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on WAFD's stock page.
What is the fair value of WAFD stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge WAFD's true value.
Using relative valuations ratios:
- WAFD may be undervalued based on its P/E ratio of 7.83x, relative to Banks - Regional industry P/E ratio of -10.51x
- WAFD may be undervalued based on its P/B ratio of 0.7x, relative to Banks - Regional industry P/B ratio of 0.95x
- WAFD could be overvalued based on its PEG ratio of 1.59x
You can access more valuation analysis on WAFD's stock here.
Is WAFD a healthy company?
Positive Health Checks:
- WAFD earnings of $294.83M is not sufficient to cover its interest payments.
Negative Health Checks:
- Total WAFD debt is higher than 5 years ago, relative to shareholder equity.
- WAFD profit margin has gone down from 35.8% to 32.9% in the past year.
- WAFD has a relatively high debt to equity ratio of 8.23.
- WAFD's operating cash flow of $258.12M allows it to safely service it's debt of $3.89B.
Is Wafd stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who give recommendations on WAFD, the consensus analyst rating on Wafd is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Wafd stock forecast page.
WAFD Momentum
WAFD Performance Metrics
Last year, WAFD earnings were $221.75M. During the past five year, WAFD's earnings have increased by 6.75% per year. This was slower than the Banks - Regional industry average of 16.36%.
Last year, WAFD revenue was $673.02M. During the past five year, WAFD's revenue has gone up by 4.59% per year. This was slower than the Banks - Regional industry average of 7.32%.
You can analyze WAFD's earnings and revenue performance here.
Who is buying/selling WAFD?
In the past year, insiders at WAFD have bought more shares than they have sold.
Shawn Bice, Director of WAFD, was the latest WAFD insider to buy. They bought $100,000.64 worth of WAFD shares on Jan 2, 2024.
Dig into more about who owns WAFD shares here.
Does WAFD provide a stable income stream?
Wafd pays a dividend of 3.78%, compared to the Banks - Regional industry's average dividend yield of 4.03%. If you owned $1,000 worth of WAFD stock, you would have received $37.83 last year.
Wafd dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Wafd dividend yield and history here.
What do other traders have to say about WAFD?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your WAFD buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you need more help with investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your WAFD position
Now that you own some WAFD stock, you'll want to stay up-to-date on your investment.
Put WAFD on a watchlist to get notified of the latest news about your WAFD stock.
WAFD Feed
How to Buy Stock in Wafd
To reiterate, here are the 6 steps you need to take to buy Wafd stock right now:
- Figure out where to buy Wafd stock
- Open your brokerage account
- Fund your investment account
- Research Wafd stock
- Execute your WAFD buy order
- Keep tabs on your WAFD position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Wafd, add WAFD to your watchlist by clicking the button below.
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