Washington Federal (WAFD) vs. Its Competitors Head to Head Analysis

Washington Federal (NASDAQ: WAFD) is one of 311 public companies in the “Banks” industry, but how does it contrast to its peers? We will compare Washington Federal to related companies based on the strength of its risk, analyst recommendations, earnings, profitability, valuation, dividends and institutional ownership.

Valuation & Earnings

This table compares Washington Federal and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Washington Federal $601.13 million $173.53 million 17.81
Washington Federal Competitors $5.50 billion $827.87 million 381.14

Washington Federal’s peers have higher revenue and earnings than Washington Federal. Washington Federal is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings for Washington Federal and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Washington Federal 0 3 0 0 2.00
Washington Federal Competitors 2191 8521 8552 336 2.36

Washington Federal presently has a consensus price target of $34.67, suggesting a potential upside of 0.34%. As a group, “Banks” companies have a potential downside of 7.18%. Given Washington Federal’s higher probable upside, equities research analysts plainly believe Washington Federal is more favorable than its peers.

Dividends

Washington Federal pays an annual dividend of $0.60 per share and has a dividend yield of 1.7%. Washington Federal pays out 30.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 34.6% of their earnings in the form of a dividend.

Profitability

This table compares Washington Federal and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Washington Federal 28.87% 8.63% 1.15%
Washington Federal Competitors 18.50% 8.26% 0.93%

Institutional & Insider Ownership

83.2% of Washington Federal shares are held by institutional investors. Comparatively, 52.1% of shares of all “Banks” companies are held by institutional investors. 1.1% of Washington Federal shares are held by company insiders. Comparatively, 10.4% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Volatility and Risk

Washington Federal has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500. Comparatively, Washington Federal’s peers have a beta of 0.78, meaning that their average share price is 22% less volatile than the S&P 500.

Summary

Washington Federal peers beat Washington Federal on 8 of the 15 factors compared.

Washington Federal Company Profile

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. As of September 30, 2016, Washington Federal had 238 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas. Through its subsidiaries, the Company is also engaged in real estate investment and insurance brokerage activities. The Bank offers various consumer checking account products, both interest bearing and non-interest bearing, and business checking accounts.

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