Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at WaFd Bank (NASDAQ:WAFD) and the best and worst performers in the thrifts & mortgage finance industry.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the thrifts & mortgage finance stocks, including WaFd Bank (NASDAQ:WAFD) and its peers.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Investors eagerly anticipate the dividend payout from Washington Federal (NASDAQ:WAFD) on March 08, 2024. With a payout of $0.26 per share and an annualized dividend yield of 3.60%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 22, 2024
