Heritage Financial (HFWA) to Release Quarterly Earnings on Thursday

Key Points

• Heritage Financial (HFWA) will release its quarterly earnings report for Q3 2025 before the market opens on October 23, 2025, expecting $0.56 per share earnings and $65.25 million in revenue.
• The company recently paid a quarterly dividend of $0.24 per share, resulting in an annualized dividend yield of 4.1%.
• Market analysts have varied ratings for Heritage Financial, with one holding a "Strong Buy" rating, while Zacks upgraded it to a "strong-buy" and others adjusted price targets ranging from $26.00 to $29.00.

Heritage Financial (NASDAQ:HFWA - Get Free Report) is expected to issue its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.56 per share and revenue of $65.2540 million for the quarter. Parties can find conference call details on the company's upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Thursday, October 23, 2025 at 1:00 PM ET.

Heritage Financial (NASDAQ:HFWA - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. The firm had revenue of $56.50 million for the quarter, compared to analysts' expectations of $63.54 million. Heritage Financial had a return on equity of 7.34% and a net margin of 15.22%. 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 Stock Performance

Shares of NASDAQ HFWA opened at $23.39 on Thursday. The stock has a market cap of $794.09 million, a price-to-earnings ratio of 16.36 and a beta of 0.53. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.32. Heritage Financial has a 1-year low of $19.84 and a 1-year high of $27.58. The stock's 50-day moving average is $24.08 and its 200 day moving average is $23.62.

Heritage Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, August 6th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, August 6th. Heritage Financial's dividend payout ratio (DPR) is currently 67.13%.

Institutional Investors Weigh In On Heritage Financial

A number of large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. grew its position in shares of Heritage Financial by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 393,619 shares of the financial services provider's stock worth $9,384,000 after buying an additional 6,663 shares during the last quarter. Bridgeway Capital Management LLC boosted its position in shares of Heritage Financial by 1.6% during the second quarter. Bridgeway Capital Management LLC now owns 250,129 shares of the financial services provider's stock valued at $5,963,000 after purchasing an additional 3,831 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Heritage Financial by 16.6% during the second quarter. Bank of America Corp DE now owns 180,581 shares of the financial services provider's stock valued at $4,305,000 after purchasing an additional 25,673 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Heritage Financial by 4.2% during the first quarter. Empowered Funds LLC now owns 123,798 shares of the financial services provider's stock valued at $3,012,000 after purchasing an additional 4,947 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in shares of Heritage Financial by 7.8% during the second quarter. Public Sector Pension Investment Board now owns 116,282 shares of the financial services provider's stock valued at $2,772,000 after purchasing an additional 8,456 shares in the last quarter. 78.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Heritage Financial in a report on Wednesday, October 8th. Wall Street Zen cut Heritage Financial from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Zacks Research raised Heritage Financial from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 3rd. Keefe, Bruyette & Woods lifted their price target on Heritage Financial from $26.00 to $28.00 and gave the stock a "market perform" rating in a research note on Monday, September 29th. Finally, DA Davidson set a $29.00 price target on Heritage Financial in a research note on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $28.50.

Heritage Financial Company Profile

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.

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