What is DA Davidson's Estimate for HFWA Q2 Earnings?

Heritage Financial Co. (NASDAQ:HFWA - Free Report) - Analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of Heritage Financial in a report issued on Friday, April 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings of $0.52 per share for the quarter. The consensus estimate for Heritage Financial's current full-year earnings is $2.09 per share. DA Davidson also issued estimates for Heritage Financial's FY2026 earnings at $2.35 EPS.

HFWA has been the topic of a number of other research reports. Piper Sandler dropped their price target on shares of Heritage Financial from $34.00 to $31.00 and set an "overweight" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods cut their target price on shares of Heritage Financial from $27.00 to $26.00 and set a "market perform" rating for the company in a research note on Monday. Finally, StockNews.com raised shares of Heritage Financial from a "sell" rating to a "hold" rating in a research note on Monday, January 27th.

Heritage Financial Price Performance

HFWA traded up $0.42 during trading on Monday, hitting $23.46. The company's stock had a trading volume of 48,725 shares, compared to its average volume of 209,816. The company has a current ratio of 0.84, a quick ratio of 0.82 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $797.43 million, a price-to-earnings ratio of 18.89 and a beta of 0.47. The business's fifty day simple moving average is $23.16 and its 200 day simple moving average is $24.21. Heritage Financial has a twelve month low of $16.55 and a twelve month high of $27.58.

Heritage Financial (NASDAQ:HFWA - Get Free Report) last posted its earnings results on Thursday, April 24th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.03. The business had revenue of $57.59 million for the quarter, compared to analyst estimates of $61.74 million. Heritage Financial had a net margin of 13.64% and a return on equity of 7.17%.

Heritage Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a $0.96 dividend on an annualized basis and a yield of 4.09%. Heritage Financial's payout ratio is 64.86%.

Insider Activity

In other Heritage Financial news, CEO Jeffrey J. Deuel sold 7,033 shares of Heritage Financial stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $23.66, for a total value of $166,400.78. Following the completion of the transaction, the chief executive officer now directly owns 70,906 shares of the company's stock, valued at $1,677,635.96. The trade was a 9.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Donald Hinson sold 3,420 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $23.59, for a total transaction of $80,677.80. Following the sale, the chief financial officer now owns 42,087 shares in the company, valued at approximately $992,832.33. This trade represents a 7.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,311 shares of company stock valued at $267,473. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sterling Capital Management LLC raised its holdings in shares of Heritage Financial by 794.1% in the 4th quarter. Sterling Capital Management LLC now owns 1,064 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 945 shares in the last quarter. GAMMA Investing LLC raised its stake in Heritage Financial by 45.3% in the first quarter. GAMMA Investing LLC now owns 2,972 shares of the financial services provider's stock valued at $72,000 after buying an additional 927 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its holdings in Heritage Financial by 519.0% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,553 shares of the financial services provider's stock worth $87,000 after buying an additional 2,979 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Heritage Financial by 475.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,989 shares of the financial services provider's stock worth $98,000 after acquiring an additional 3,296 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Heritage Financial by 14.8% in the 1st quarter. CWM LLC now owns 4,042 shares of the financial services provider's stock valued at $98,000 after acquiring an additional 520 shares during the last quarter. Hedge funds and other institutional investors own 78.30% of the company's stock.

About Heritage Financial

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.