Heritage Financial (HFWA) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Q1 2026 earnings due April 23: Heritage Financial is set to report results before the open on April 23, with analysts forecasting $0.31 EPS and about $80.31M in revenue; the company’s earnings call is scheduled for 1:00 PM ET.
• The firm beat estimates last quarter (reported $0.66 vs. $0.57 consensus) and analysts expect roughly $2.00 EPS for both the current and next fiscal year; the stock trades at a P/E of 13.82 with a market cap of about $1.11 billion.
• Heritage pays a quarterly dividend of $0.24 (annualized $0.96) for a yield near 3.5% and a payout ratio around 49%, while insiders have been net sellers recently and institutional investors own roughly 78% of the shares.

Heritage Financial (NASDAQ:HFWA - Get Free Report) is projected to post its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Heritage Financial to post earnings of $0.31 per share and revenue of $80.3120 million for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 23, 2026 at 1:00 PM ET.

Heritage Financial (NASDAQ:HFWA - Get Free Report) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $66.35 million for the quarter, compared to the consensus estimate of $65.95 million. Heritage Financial had a return on equity of 8.61% and a net margin of 20.10%. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Heritage Financial Trading Down 0.1%

Shares of HFWA stock opened at $27.08 on Thursday. The firm has a market capitalization of $1.11 billion, a P/E ratio of 13.82 and a beta of 0.49. Heritage Financial has a twelve month low of $21.32 and a twelve month high of $28.98. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.05. The stock's fifty day simple moving average is $26.53 and its 200 day simple moving average is $24.91.

Heritage Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, January 28th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, January 28th. Heritage Financial's dividend payout ratio (DPR) is presently 48.98%.

Insider Buying and Selling

In other Heritage Financial news, EVP Kelli Ann Wilson sold 1,900 shares of the firm's stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $26.48, for a total transaction of $50,312.00. Following the completion of the transaction, the executive vice president owned 3,778 shares in the company, valued at approximately $100,041.44. This trade represents a 33.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frederick B. Rivera sold 1,800 shares of the business's stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $26.31, for a total transaction of $47,358.00. Following the completion of the transaction, the director owned 4,972 shares in the company, valued at $130,813.32. This trade represents a 26.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,368 shares of company stock valued at $226,740 over the last ninety days. 1.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Heritage Financial

Several large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Heritage Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,060 shares of the financial services provider's stock valued at $488,000 after buying an additional 881 shares during the period. Empowered Funds LLC raised its position in shares of Heritage Financial by 4.2% in the 1st quarter. Empowered Funds LLC now owns 123,798 shares of the financial services provider's stock worth $3,012,000 after acquiring an additional 4,947 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Heritage Financial by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,130 shares of the financial services provider's stock valued at $1,901,000 after purchasing an additional 5,417 shares during the period. Jane Street Group LLC lifted its stake in shares of Heritage Financial by 437.3% in the 1st quarter. Jane Street Group LLC now owns 107,482 shares of the financial services provider's stock valued at $2,615,000 after purchasing an additional 87,479 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Heritage Financial by 27,871.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,958 shares of the financial services provider's stock valued at $47,000 after purchasing an additional 1,951 shares in the last quarter. 78.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HFWA. Weiss Ratings upgraded Heritage Financial from a "hold (c)" rating to a "buy (b-)" rating in a report on Monday, March 2nd. DA Davidson lifted their target price on shares of Heritage Financial from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday, January 23rd. Stephens boosted their target price on shares of Heritage Financial from $28.00 to $30.00 and gave the stock an "equal weight" rating in a report on Monday, January 26th. Piper Sandler decreased their price target on shares of Heritage Financial from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday, April 2nd. Finally, Wall Street Zen raised shares of Heritage Financial from a "sell" rating to a "hold" rating in a research note on Saturday, April 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $31.00.

About Heritage Financial

Heritage Financial Corporation NASDAQ: HFWA is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank's offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company's lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.

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