Q3 Earnings Estimate 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) - Research analysts at DA Davidson issued their Q3 2025 EPS estimates for Heritage Financial in a research note issued on Friday, July 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings of $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 announced its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.50 by $0.03. The business had revenue of $56.50 million during the quarter, compared to the consensus estimate of $63.54 million. Heritage Financial had a net margin of 15.22% and a return on equity of 7.34%.

A number of other analysts have also recently weighed in on the stock. Keefe, Bruyette & Woods decreased their target price on shares of Heritage Financial from $27.00 to $26.00 and set a "market perform" rating on the stock in a research note on Monday, April 28th. Piper Sandler decreased their target price 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, April 28th. Finally, Wall Street Zen cut shares of Heritage Financial from a "hold" rating to a "sell" rating in a research note on Saturday.

Heritage Financial Stock Performance

NASDAQ HFWA opened at $23.44 on Monday. The firm's fifty day moving average price is $23.95 and its two-hundred day moving average price is $23.83. The stock has a market cap of $799.54 million, a PE ratio of 16.39 and a beta of 0.54. Heritage Financial has a fifty-two week low of $19.84 and a fifty-two week high of $27.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85.

Heritage Financial Announces Dividend

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 paid a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, August 6th. This represents a $0.96 annualized dividend and a dividend yield of 4.10%. Heritage Financial's dividend payout ratio is 67.13%.

Institutional Trading of Heritage Financial

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of Heritage Financial by 45.5% in the fourth quarter. Bank of America Corp DE now owns 147,887 shares of the financial services provider's stock worth $3,623,000 after purchasing an additional 46,260 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Heritage Financial by 2.2% in the first quarter. Principal Financial Group Inc. now owns 193,820 shares of the financial services provider's stock worth $4,716,000 after purchasing an additional 4,101 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Heritage Financial by 60.1% in the fourth quarter. Deutsche Bank AG now owns 29,871 shares of the financial services provider's stock worth $732,000 after purchasing an additional 11,210 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new stake in shares of Heritage Financial in the first quarter worth $1,505,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Heritage Financial by 41.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 72,713 shares of the financial services provider's stock worth $1,781,000 after purchasing an additional 21,375 shares during the last quarter. Institutional investors own 78.30% of the company's stock.

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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