Q3 Earnings Forecast for HFWA Issued By DA Davidson

Key Points

• DA Davidson has issued Q3 2025 EPS estimates for Heritage Financial, anticipating earnings of $0.56 per share for the quarter.
• Heritage Financial reported a Q2 EPS of $0.53, exceeding the consensus estimate of $0.50, despite revenues falling short at $56.5 million compared to an expected $63.54 million.
• The company declared a quarterly dividend of $0.24, which corresponds to a 4.10% dividend yield and a payout ratio of 67.13%.

Heritage Financial Corporation (NASDAQ:HFWA - Free Report) - DA Davidson issued their Q3 2025 earnings estimates for shares of Heritage Financial in a note issued to investors on Friday, July 25th. DA Davidson analyst J. Rulis forecasts that the financial services provider will earn $0.56 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 FY2025 earnings at $2.15 EPS.

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

Other equities research analysts have also issued research reports about the stock. Keefe, Bruyette & Woods decreased their price objective 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, April 28th. Wall Street Zen lowered shares of Heritage Financial from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Piper Sandler decreased their price target on shares of Heritage Financial from $34.00 to $31.00 and set an "overweight" rating for the company in a research note on Monday, April 28th.

Heritage Financial Stock Down 1.3%

Shares of HFWA traded down $0.30 on Monday, reaching $22.43. The company's stock had a trading volume of 31,382 shares, compared to its average volume of 223,445. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. Heritage Financial has a twelve month low of $19.84 and a twelve month high of $27.58. The stock has a market capitalization of $765.22 million, a PE ratio of 15.69 and a beta of 0.54. The firm has a fifty day moving average of $23.92 and a 200-day moving average of $23.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Jennison Associates LLC boosted its holdings in Heritage Financial by 24.7% in the 1st quarter. Jennison Associates LLC now owns 2,752,114 shares of the financial services provider's stock worth $66,959,000 after buying an additional 545,348 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Heritage Financial by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,068,354 shares of the financial services provider's stock worth $50,674,000 after buying an additional 33,429 shares during the period. Victory Capital Management Inc. boosted its holdings in Heritage Financial by 15,727.7% in the 1st quarter. Victory Capital Management Inc. now owns 1,480,997 shares of the financial services provider's stock worth $36,033,000 after buying an additional 1,471,640 shares during the period. Northern Trust Corp boosted its holdings in Heritage Financial by 1.5% in the 4th quarter. Northern Trust Corp now owns 433,678 shares of the financial services provider's stock valued at $10,625,000 after purchasing an additional 6,201 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Heritage Financial by 12.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 433,296 shares of the financial services provider's stock valued at $10,616,000 after purchasing an additional 46,769 shares during the period. 78.30% of the stock is owned by institutional investors.

Heritage Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 20th. Investors of record on Wednesday, August 6th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 4.28%. The ex-dividend date is Wednesday, August 6th. Heritage Financial's dividend payout ratio (DPR) is presently 67.13%.

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.