Heritage Financial Corp. Company Profile (NASDAQ:HFWA)

About Heritage Financial Corp.

Heritage Financial Corp. logoHeritage Financial Corporation is a bank holding company engaged in the business of planning, directing and coordinating the business activities of its bank subsidiary, Heritage Bank (the Bank). The Bank also makes real estate construction loans, land development loans and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area. It offers deposit accounts, including non-interest demand accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, savings accounts and certificates of deposit (CDs). The Bank also originates consumer loans, real estate construction and land development loans, and one- to four-family residential loans. The Bank's investment portfolio includes investment securities available for sale, as well as investment securities held to maturity.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HFWA
  • CUSIP: 42722X10
Key Metrics:
  • Previous Close: $17.85
  • 50 Day Moving Average: $18.11
  • 200 Day Moving Average: $17.77
  • 52-Week Range: $16.40 - $19.80
  • Trailing P/E Ratio: 14.55
  • Foreward P/E Ratio: 13.60
  • P/E Growth: 1.80
  • Market Cap: $533.26M
  • Outstanding Shares: 29,708,000
  • Beta: 0.51
Profitability:
  • Net Margins: 22.15%
  • Return on Equity: 7.75%
  • Return on Assets: 1.01%
Debt:
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 0.81%
  • Quick Ratio: 0.81%
Additional Links:
Companies Related to Heritage Financial Corp.:

Analyst Ratings

Consensus Ratings for Heritage Financial Corp. (NASDAQ:HFWA) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $20.00 (11.42% upside)

Analysts' Ratings History for Heritage Financial Corp. (NASDAQ:HFWA)
Show:
DateFirmActionRatingPrice TargetDetails
10/23/2015Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$20.00View Rating Details
10/5/2015Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
9/28/2015Piper Jaffray Cos.Initiated CoverageNeutral$19.00View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Heritage Financial Corp. (NASDAQ:HFWA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/21/2016Q216$0.31$0.30$40.15 millionViewN/AView Earnings Details
4/21/2016Q116$0.29$0.30$40.00 millionViewN/AView Earnings Details
1/28/2016Q415$0.29$0.32$40.18 millionViewListenView Earnings Details
10/22/2015Q315$0.30$0.32$40.18 millionViewListenView Earnings Details
7/23/2015Q215$0.30$0.29$39.16 millionViewListenView Earnings Details
4/23/2015Q115$0.31$0.32$39.62 millionViewN/AView Earnings Details
1/29/2015Q414$0.24$0.24$38.75 millionViewN/AView Earnings Details
10/23/2014Q314$0.24$0.23$38.51 millionViewN/AView Earnings Details
7/24/2014Q214$0.22$0.16$30.54 millionViewN/AView Earnings Details
4/29/2014$0.20$0.16ViewN/AView Earnings Details
1/29/2014Q413$0.21$0.19$20.06 millionViewN/AView Earnings Details
10/24/2013Q313$0.20$0.20$19.62 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.21$0.18$18.60 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.20$0.20$17.73 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Heritage Financial Corp. (NASDAQ:HFWA)
Current Year EPS Consensus Estimate: $1.25 EPS
Next Year EPS Consensus Estimate: $1.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.29$0.30$0.29
Q2 20163$0.30$0.31$0.31
Q3 20162$0.31$0.33$0.32
Q4 20162$0.31$0.34$0.33
Q1 20172$0.31$0.34$0.33
Q2 20172$0.32$0.34$0.33
Q3 20172$0.33$0.35$0.34
Q4 20172$0.34$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Heritage Financial Corp. (NASDAQ:HFWA)
Annual Dividend:$0.48
Dividend Yield:2.67%
Payout Ratio:38.71% (Based on Trailing 12 Months of Earnings)
38.40% (Based on Current Year Consensus EPS Estimate)
36.36% (Based on Next Year Consensus EPS Estimate)

Dividend History for Heritage Financial Corp. (NASDAQ:HFWA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.122.78%8/2/20168/4/20168/18/2016
4/21/2016quarterly$0.122.73%5/3/20165/5/20165/19/2016
1/28/2016quarterly$0.112.46%2/8/20162/10/20162/24/2016
10/22/2015quarterly$0.112.31%11/2/201511/4/201511/18/2015
7/22/2015$0.118/4/20158/6/20158/20/2015
4/23/2015quarterly$0.112.56%5/5/20155/7/20155/21/2015
1/30/2015quarterly$0.102.58%2/6/20152/10/20152/24/2015
11/21/2014special$0.162.09%11/28/201412/2/201412/12/2014
10/27/2014quarterly$0.092.19%11/4/201411/6/201411/20/2014
7/24/2014quarterly$0.092.24%8/5/20148/7/20148/21/2014
3/27/2014quarterly$0.081.89%4/4/20144/8/20144/23/2014
1/31/2014quarterly$0.081.88%2/6/20142/10/20142/24/2014
1/29/2014$0.082/6/20142/10/20142/24/2014
10/23/2013quarterly$0.081.97%11/1/201311/5/201311/15/2013
7/24/2013quarterly$0.082.06%8/2/20138/6/20138/15/2013
7/23/2013special$0.102.06%8/2/20138/6/20138/15/2013
4/24/2013quarterly$0.082.33%5/8/20135/10/20135/24/2013
2/1/2013quarterly$0.082.21%2/6/20132/8/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Heritage Financial Corp. (NASDAQ:HFWA)
Insider Ownership Percentage: 2.80%
Institutional Ownership Percentage: 72.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/9/2016Bryan McdonaldEVPSell5,286$18.41$97,315.26View SEC Filing  
9/2/2016David A SpurlingInsiderSell1,000$18.47$18,470.00View SEC Filing  
8/19/2016John A CleesDirectorSell3,000$18.09$54,270.00View SEC Filing  
6/14/2016Rhoda L AltomDirectorBuy175$17.41$3,046.75View SEC Filing  
5/31/2016Jeffrey J DeuelEVPSell13,334$18.25$243,345.50View SEC Filing  
5/4/2016Rhoda L AltomDirectorBuy750$17.68$13,260.00View SEC Filing  
4/27/2016Gary B ChristensenDirectorBuy1,000$18.32$18,320.00View SEC Filing  
4/25/2016David A SpurlingInsiderSell1,996$17.83$35,588.68View SEC Filing  
2/16/2016Cindy M. HuntleyDirectorSell2,167$17.33$37,554.11View SEC Filing  
2/8/2016Gary B ChristensenDirectorBuy1,000$17.38$17,380.00View SEC Filing  
2/1/2016Gary B ChristensenDirectorBuy1,000$17.98$17,980.00View SEC Filing  
12/10/2015Bryan McdonaldEVPSell5,090$18.50$94,165.00View SEC Filing  
12/7/2015Bryan McdonaldEVPSell210$19.00$3,990.00View SEC Filing  
11/5/2015Donald HinsonCFOSell1,000$19.20$19,200.00View SEC Filing  
9/11/2015John A CleesDirectorSell1,000$18.20$18,200.00View SEC Filing  
9/8/2015John A CleesDirectorSell1,000$18.00$18,000.00View SEC Filing  
8/18/2015John A CleesDirectorSell1,000$18.25$18,250.00View SEC Filing  
8/14/2015Jeffrey J DeuelEVPSell6,666$18.25$121,654.50View SEC Filing  
2/3/2015John A CleesDirectorSell4,000$15.97$63,880.00View SEC Filing  
10/27/2014Mark D CrawfordDirectorBuy1,000$16.28$16,280.00View SEC Filing  
8/25/2014John A CleesDirectorSell1,500$16.56$24,840.00View SEC Filing  
8/7/2014Brian CharneskiDirectorBuy2,000$15.97$31,940.00View SEC Filing  
6/5/2014John A CleesDirectorSell1,528$16.00$24,448.00View SEC Filing  
5/28/2014Mark D CrawfordDirectorBuy1,500$15.76$23,640.00View SEC Filing  
5/12/2014Ann WatsonDirectorBuy2,000$16.19$32,380.00View SEC Filing  
5/5/2014John CleesDirectorSell1,294$15.88$20,548.72View SEC Filing  
8/9/2013John CleesDirectorSell3,000$15.75$47,250.00View SEC Filing  
3/15/2013Ann WatsonDirectorBuy2,000$14.55$29,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Heritage Financial Corp. (NASDAQ:HFWA)
DateHeadline
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bearish Manner : HFWA-US : September 27, 2016 (NASDAQ:HFWA)
www.capitalcube.com - September 27 at 10:01 AM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bearish Manner : HFWA-US : September 15, 2016 (NASDAQ:HFWA)
www.capitalcube.com - September 15 at 8:31 AM
News IconChief Credit Officer of Heritage Financial Corporation (NASDAQ:HFWA), Spurling David A, sells 1,000 shares worth $18,467 (NASDAQ:HFWA)
empowerednews.net - September 3 at 4:56 PM
News IconWill your homeowner insurance protect you if the Big One hits? (NASDAQ:HFWA)
www.miamiherald.com - August 22 at 5:30 PM
News IconBuilding Briefs – August 22nd (NASDAQ:HFWA)
www.scottishconstructionnow.com - August 22 at 5:30 PM
finance.yahoo.com logoDirector Kimberly Ellwanger Named NACD Board Leadership Fellow (NASDAQ:HFWA)
finance.yahoo.com - August 11 at 5:39 PM
capitalcube.com logoETF’s with exposure to Heritage Financial Corp. (Washington) : August 9, 2016 (NASDAQ:HFWA)
www.capitalcube.com - August 9 at 4:13 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : HFWA-US : August 8, 2016 (NASDAQ:HFWA)
www.capitalcube.com - August 8 at 10:07 AM
nasdaq.com logoHFWA: Insiders vs. Shorts (NASDAQ:HFWA)
www.nasdaq.com - August 7 at 5:09 PM
fidaily.com logoKeefe Bruyette & Woods Downgrades Rating On Heritage Financial Corporation (HFWA) (NASDAQ:HFWA)
www.fidaily.com - July 27 at 8:10 AM
capitalcube.com logoHeritage Financial Corp. (Washington) :HFWA-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:HFWA)
www.capitalcube.com - July 26 at 10:05 AM
equities.com logoHeritage Financial Corporation (HFWA) Drops 5.05% on July 21 (NASDAQ:HFWA)
www.equities.com - July 23 at 9:28 AM
News IconHeritage quarterly financials reported (NASDAQ:HFWA)
www.businessexaminer.com - July 22 at 8:22 AM
News IconHeritage Financial reports second-quarter profit of nearly $9 million (NASDAQ:HFWA)
www.theolympian.com - July 22 at 8:22 AM
seekingalpha.com logoHeritage Financial Corporation's (HFWA) CEO Brian Vance on Q2 2016 Results - Earnings Call Transcript (NASDAQ:HFWA)
seekingalpha.com - July 22 at 8:22 AM
seekingalpha.com logoHeritage Financial misses by $0.01, misses on revenue (NASDAQ:HFWA)
seekingalpha.com - July 21 at 8:15 AM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : HFWA-US : July 13, 2016 (NASDAQ:HFWA)
www.capitalcube.com - July 13 at 8:34 AM
capitalcube.com logoHeritage Financial Corp. (Washington) :HFWA-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:HFWA)
www.capitalcube.com - June 28 at 12:41 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : HFWA-US : June 24, 2016 (NASDAQ:HFWA)
www.capitalcube.com - June 24 at 8:17 AM
equities.com logoHeritage Financial Corporation (HFWA) is Trading Lower on Unusual Volume for June 21 (NASDAQ:HFWA)
www.equities.com - June 23 at 4:39 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bearish Manner : HFWA-US : June 13, 2016 (NASDAQ:HFWA)
www.capitalcube.com - June 13 at 8:09 AM
finance.yahoo.com logoHeritage Bank Participates in Low Income Housing Institute's Affordable Housing Development (NASDAQ:HFWA)
finance.yahoo.com - May 25 at 9:00 AM
capitalcube.com logoETF’s with exposure to Heritage Financial Corp. (Washington) : May 19, 2016 (NASDAQ:HFWA)
www.capitalcube.com - May 18 at 10:33 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : HFWA-US : May 17, 2016 (NASDAQ:HFWA)
www.capitalcube.com - May 17 at 8:07 AM
thestreet.com logoThe 13-Fs Yield More Community Bank Ideas (NASDAQ:HFWA)
realmoney.thestreet.com - May 12 at 2:00 PM
feeds.benzinga.com logoHeritage Financial's Heritage Bank Names Thomas Henning As EVP And Chief Risk Officer (NASDAQ:HFWA)
feeds.benzinga.com - May 2 at 3:53 PM
biz.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Files SEC form 10-K, Annual Report (NASDAQ:HFWA)
biz.yahoo.com - March 10 at 5:13 PM
finance.yahoo.com logoLong-time Heritage Bank client, Northwest Etch, recognized by the U.S. Small Business Administration (NASDAQ:HFWA)
finance.yahoo.com - March 7 at 11:25 AM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : HFWA-US : March 4, 2016 (NASDAQ:HFWA)
www.capitalcube.com - March 4 at 8:19 AM
finance.yahoo.com logoHeritage Bank Promotes Cindy Huntley to Executive Vice President (NASDAQ:HFWA)
finance.yahoo.com - February 29 at 3:48 PM
biz.yahoo.com logoHeritage Financial Corporation (HFWA) (NASDAQ:HFWA)
biz.yahoo.com - February 21 at 1:31 PM
biz.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:HFWA)
biz.yahoo.com - February 12 at 4:19 PM
News IconHeritage Financial Corp (HFWA) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS (NASDAQ:HFWA)
corvuswire.com - February 9 at 1:04 PM
capitalcube.com logoHeritage Financial Corp. (Washington) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:HFWA)
www.capitalcube.com - January 29 at 12:53 PM
News IconHeritage Bank parent reports another strong quarter of earnings (NASDAQ:HFWA)
www.theolympian.com - January 29 at 12:08 PM
seekingalpha.com logoHeritage Financial's (HFWA) CEO Brian Vance on Q4 2015 Results - Earnings Call Transcript (NASDAQ:HFWA)
seekingalpha.com - January 28 at 7:14 PM
finance.yahoo.com logoEdited Transcript of HFWA earnings conference call or presentation 28-Jan-16 6:00pm GMT (NASDAQ:HFWA)
finance.yahoo.com - January 28 at 3:37 PM
seekingalpha.com logoHeritage Financial declares $0.11 dividend (NASDAQ:HFWA)
seekingalpha.com - January 28 at 8:19 AM
publicnow.com logoHeritage Financial Announces Fourth Quarter And Annual 2015 Results And Declares Regular Cash Dividend (NASDAQ:HFWA)
www.publicnow.com - January 28 at 8:12 AM
biz.yahoo.com logoQ4 2015 Heritage Financial Corp Earnings Release - Before Market Open (NASDAQ:HFWA)
biz.yahoo.com - January 28 at 7:07 AM
thestreet.com logoHeritage Financial Becomes Oversold (NASDAQ:HFWA)
www.thestreet.com - January 16 at 7:44 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bullish Manner : December 30, 2015 (NASDAQ:HFWA)
www.capitalcube.com - December 30 at 8:10 AM
biz.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and (NASDAQ:HFWA)
biz.yahoo.com - December 22 at 1:44 PM
finance.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Financials (NASDAQ:HFWA)
finance.yahoo.com - December 8 at 1:17 PM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bearish Manner : December 8, 2015 (NASDAQ:HFWA)
www.capitalcube.com - December 8 at 9:02 AM
capitalcube.com logoHeritage Financial Corp. (Washington) breached its 50 day moving average in a Bearish Manner : November 18, 2015 (NASDAQ:HFWA)
www.capitalcube.com - November 18 at 8:24 AM
capitalcube.com logoHeritage Financial Corp. (Washington) Earnings Q3, 2015 (NASDAQ:HFWA)
www.capitalcube.com - November 10 at 1:23 PM
biz.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Files SEC form 10-Q, Quarterly Report (NASDAQ:HFWA)
biz.yahoo.com - November 5 at 6:52 PM
finance.yahoo.com logoEdited Transcript of HFWA earnings conference call or presentation 22-Oct-15 6:00pm GMT (NASDAQ:HFWA)
finance.yahoo.com - October 22 at 5:40 PM
biz.yahoo.com logoHERITAGE FINANCIAL CORP /WA/ Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financi (NASDAQ:HFWA)
biz.yahoo.com - October 22 at 5:01 PM

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Heritage Financial Corp. (NASDAQ:HFWA) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff