NASDAQ:HFWA Heritage Financial (HFWA) Stock Price, News & Analysis $23.12 +0.14 (+0.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$22.79▼$23.1950-Day Range$16.68▼$23.1252-Week Range$15.50▼$23.50Volume146,923 shsAverage Volume184,788 shsMarket Capitalization$802.03 millionP/E Ratio17.38Dividend Yield3.98%Price Target$22.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Heritage Financial alerts: Email Address Heritage Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside2.0% Downside$22.67 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth11.73%From $1.62 to $1.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.38 out of 5 starsFinance Sector401st out of 898 stocksSavings Institutions, Except Federal Industry3rd out of 22 stocks 1.2 Analyst's Opinion Consensus RatingHeritage Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHeritage Financial has only been the subject of 1 research reports in the past 90 days.Read more about Heritage Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.65% of the float of Heritage Financial has been sold short.Short Interest Ratio / Days to CoverHeritage Financial has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Financial has recently increased by 0.63%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipHeritage Financial is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHeritage Financial has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Heritage Financial is 69.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Heritage Financial will have a dividend payout ratio of 50.83% next year. This indicates that Heritage Financial will be able to sustain or increase its dividend.Read more about Heritage Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HFWA. Previous Next 2.5 News and Social Media Coverage News SentimentHeritage Financial has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Heritage Financial this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Heritage Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Heritage Financial is held by insiders.Percentage Held by Institutions78.30% of the stock of Heritage Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Heritage Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Heritage Financial are expected to grow by 11.73% in the coming year, from $1.62 to $1.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Financial is 17.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Financial is 17.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.89.Price to Book Value per Share RatioHeritage Financial has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Heritage Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Heritage Financial Stock (NASDAQ:HFWA)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. The company's loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction. It also originates loans that are guaranteed by the U.S. Small Business Administration; and provides objective advice from trusted advisers. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.Read More HFWA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HFWA Stock News HeadlinesJuly 26 at 3:35 PM | seekingalpha.comHeritage Financial Corporation (HFWA) Q2 2024 Earnings Call TranscriptJuly 26 at 3:35 PM | markets.businessinsider.comKBW Keeps Their Hold Rating on Heritage Financial (HFWA)July 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 10:23 AM | finanznachrichten.deHeritage Financial Corporation: Heritage Financial Announces Second Quarter 2024 Results And Declares Regular Cash DividendJuly 25 at 8:00 AM | prnewswire.comHERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDENDJuly 18, 2024 | americanbankingnews.comHeritage Financial (HFWA) Set to Announce Quarterly Earnings on ThursdayJuly 17, 2024 | americanbankingnews.comHeritage Financial Co. (NASDAQ:HFWA) Short Interest Up 6.8% in JuneJuly 3, 2024 | prnewswire.comHeritage Financial Announces Earnings Release Date and Conference CallJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 25, 2024 | prnewswire.comHeritage Financial Announces CEO Succession PlanMay 3, 2024 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Heritage Financial Corporation (NASDAQ:HFWA) For Its Upcoming DividendApril 30, 2024 | insidermonkey.comHeritage Financial Corporation (NASDAQ:HFWA) Q1 2024 Earnings Call TranscriptApril 28, 2024 | seekingalpha.comHeritage Financial Corporation (HFWA) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comHeritage Financial First Quarter 2024 Earnings: EPS: US$0.17 (vs US$0.58 in 1Q 2023)April 26, 2024 | finance.yahoo.comHeritage Financial Corp (HFWA) Q1 2024 Earnings Miss Analyst Projections Amid Strategic ShiftsApril 26, 2024 | finanznachrichten.deHeritage Financial Corporation: Heritage Financial Announces First Quarter 2024 Results And Declares Regular Cash DividendApril 25, 2024 | investorplace.comHFWA Stock Earnings: Heritage Financial Meets EPS, Misses Revenue for Q1 2024April 25, 2024 | msn.comHeritage Financial declares $0.23 dividendSee More Headlines Receive HFWA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Heritage Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/20/2023Ex-Dividend for 5/22 Dividend5/07/2024Dividend Payable5/22/2024Today7/26/2024Ex-Dividend for 8/21 Dividend8/07/2024Dividend Payable8/21/2024Next Earnings (Estimated)10/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Savings institutions, except federal Sub-IndustryRegional Banks Current SymbolNASDAQ:HFWA CUSIP42722X10 CIK1046025 Webwww.hf-wa.com Phone(360) 943-1500Fax360-352-0864Employees765Year Founded1927Price Target and Rating Average Stock Price Target$22.67 High Stock Price Target$23.00 Low Stock Price Target$22.00 Potential Upside/Downside-6.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio17.38 Forward P/E Ratio14.27 P/E GrowthN/ANet Income$61.76 million Net Margins15.70% Pretax Margin18.39% Return on Equity8.18% Return on Assets0.96% Debt Debt-to-Equity Ratio0.62 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$303.13 million Price / Sales2.65 Cash Flow$2.35 per share Price / Cash Flow9.84 Book Value$24.45 per share Price / Book0.95Miscellaneous Outstanding Shares34,690,000Free Float34,066,000Market Cap$802.03 million OptionableOptionable Beta0.54 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Brian L. Vance (Age 70)Independent Chairman Comp: $113kMr. Jeffrey J. Deuel (Age 65)President, CEO & Director Comp: $1.22MMr. Donald J. Hinson CPA (Age 63)Executive VP & CFO Comp: $639.65kMr. Bryan D. McDonald (Age 52)Executive Vice President Comp: $760.12kMr. Anthony W. Chalfant (Age 62)Executive VP & Chief Credit Officer Comp: $575.66kMr. Matthew T. Ray (Age 52)Executive VP & Chief Lending Officer of Heritage Bank Comp: $398.72kMr. William K. GlasbyExecutive VP & CTOMs. Sabrina C. RobisonSenior VP & Chief Human Resources OfficerMs. Kaylene M. Lahn (Age 52)Senior VP & Corporate Secretary More ExecutivesKey CompetitorsGreene County BancorpNASDAQ:GCBCSouthern Missouri BancorpNASDAQ:SMBCHome BancorpNASDAQ:HBCPBerkshire Hills BancorpNYSE:BHLBFS BancorpNASDAQ:FSBWView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 106,721 shares on 7/26/2024Ownership: 2.584%Hennion & Walsh Asset Management Inc.Bought 6,807 shares on 7/20/2024Ownership: 0.052%Assenagon Asset Management S.A.Sold 36,027 shares on 7/18/2024Ownership: 0.490%GAMMA Investing LLCBought 786 shares on 7/2/2024Ownership: 0.004%Boston PartnersBought 46,511 shares on 5/28/2024Ownership: 0.324%View All Insider TransactionsView All Institutional Transactions HFWA Stock Analysis - Frequently Asked Questions How have HFWA shares performed this year? Heritage Financial's stock was trading at $21.39 at the beginning of 2024. Since then, HFWA shares have increased by 8.1% and is now trading at $23.12. View the best growth stocks for 2024 here. How were Heritage Financial's earnings last quarter? Heritage Financial Co. (NASDAQ:HFWA) released its quarterly earnings results on Thursday, July, 20th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.01. The financial services provider earned $77.35 million during the quarter, compared to the consensus estimate of $64.90 million. Heritage Financial had a trailing twelve-month return on equity of 8.18% and a net margin of 15.70%. What is Jeff Deuel's approval rating as Heritage Financial's CEO? 17 employees have rated Heritage Financial Chief Executive Officer Jeff Deuel on Glassdoor.com. Jeff Deuel has an approval rating of 94% among the company's employees. This puts Jeff Deuel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Heritage Financial's major shareholders? Heritage Financial's top institutional shareholders include Bank of New York Mellon Corp (2.58%), Assenagon Asset Management S.A. (0.49%), Hennion & Walsh Asset Management Inc. (0.05%) and GAMMA Investing LLC. Insiders that own company stock include Brian L Vance, John A Clees, Jeffrey S Lyon, Brian Charneski, Cindy M Huntley, Tony Chalfant and Frederick B Rivera. View institutional ownership trends. How do I buy shares of Heritage Financial? Shares of HFWA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Heritage Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Heritage Financial investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), AMC Entertainment (AMC), Chaarat Gold (CGH) and Ciena (CIEN). This page (NASDAQ:HFWA) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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