NASDAQ:HFWA - Heritage Financial Stock Price, News, & Analysis

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$30.48 -0.12 (-0.39 %)
(As of 12/19/2018 06:48 AM ET)
Previous Close$30.60
Today's Range$30.42 - $31.44
52-Week Range$28.46 - $37.40
Volume234,300 shs
Average Volume128,560 shs
Market Capitalization$1.13 billion
P/E Ratio18.32
Dividend Yield2.22%
Beta0.55
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand accounts, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its 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, business lines of credit, term equipment financing, and term real estate loans, as well as commercial loans focuses on real estate related industries and businesses in agricultural, healthcare, legal, and other professions. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services through trust powers, as well as objective advice. As of December 31, 2017, the company had a network of 59 branches located in Washington and Oregon. 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 1994 and is headquartered in Olympia, Washington.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Savings institutions, except federal
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HFWA
Previous Symbol
CUSIP42722X10
Phone360-943-1500

Debt

Debt-to-Equity Ratio0.03
Current Ratio0.84
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio18.32
Forward P/E Ratio17.03
P/E Growth2.44

Sales & Book Value

Annual Sales$183.29 million
Price / Sales6.13
Cash Flow$1.8428 per share
Price / Cash Flow16.54
Book Value$16.99 per share
Price / Book1.79

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$41.79 million
Net Margins20.10%
Return on Equity8.92%
Return on Assets1.20%

Miscellaneous

Employees735
Outstanding Shares36,870,000
Market Cap$1.13 billion
OptionableOptionable

Heritage Financial (NASDAQ:HFWA) Frequently Asked Questions

What is Heritage Financial's stock symbol?

Heritage Financial trades on the NASDAQ under the ticker symbol "HFWA."

How often does Heritage Financial pay dividends? What is the dividend yield for Heritage Financial?

Heritage Financial announced a quarterly dividend on Wednesday, October 24th. Investors of record on Wednesday, November 7th will be paid a dividend of $0.17 per share on Wednesday, November 21st. This represents a $0.68 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Tuesday, November 6th. This is a boost from Heritage Financial's previous quarterly dividend of $0.15. View Heritage Financial's Dividend History.

How were Heritage Financial's earnings last quarter?

Heritage Financial Corp (NASDAQ:HFWA) announced its quarterly earnings results on Thursday, October, 25th. The financial services provider reported $0.49 EPS for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.01. The financial services provider earned $59.18 million during the quarter, compared to analyst estimates of $57.63 million. Heritage Financial had a return on equity of 8.92% and a net margin of 20.10%. View Heritage Financial's Earnings History.

When is Heritage Financial's next earnings date?

Heritage Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Heritage Financial.

What price target have analysts set for HFWA?

3 analysts have issued 12-month target prices for Heritage Financial's stock. Their predictions range from $33.00 to $36.00. On average, they expect Heritage Financial's stock price to reach $34.6667 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Heritage Financial.

What is the consensus analysts' recommendation for Heritage Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heritage Financial.

Has Heritage Financial been receiving favorable news coverage?

Media coverage about HFWA stock has been trending somewhat positive this week, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Heritage Financial earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Who are some of Heritage Financial's key competitors?

Who are Heritage Financial's key executives?

Heritage Financial's management team includes the folowing people:
  • Mr. Brian L. Vance, CEO & Director (Age 64)
  • Mr. Jeffrey J. Deuel, Pres (Age 59)
  • Mr. Donald J. Hinson CPA, Exec. VP, CFO & Principal Accounting Officer (Age 57)
  • Mr. David A. Spurling, Exec. VP & Chief Credit Officer (Age 65)
  • Mr. Bryan D. McDonald, Exec. VP & Chief Lending Officer (Age 46)

Who are Heritage Financial's major shareholders?

Heritage Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.94%), Vanguard Group Inc. (5.14%), Vanguard Group Inc (5.14%), Dimensional Fund Advisors LP (4.62%), Bank of New York Mellon Corp (2.27%) and The Manufacturers Life Insurance Company (2.14%). Company insiders that own Heritage Financial stock include Anthony Pickering, Brian Charneski, Brian L Vance, David A Spurling, Donald Hinson, John A Clees, Lisa Banner and Mark D Crawford. View Institutional Ownership Trends for Heritage Financial.

Which major investors are selling Heritage Financial stock?

HFWA stock was sold by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, AQR Capital Management LLC, Panagora Asset Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Thrivent Financial for Lutherans and Allianz Asset Management GmbH. Company insiders that have sold Heritage Financial company stock in the last year include Brian L Vance, David A Spurling, Donald Hinson, John A Clees and Lisa Banner. View Insider Buying and Selling for Heritage Financial.

Which major investors are buying Heritage Financial stock?

HFWA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Matarin Capital Management LLC, Vanguard Group Inc, Vanguard Group Inc., Advisory Research Inc., Stieven Capital Advisors L.P., Rehmann Capital Advisory Group and Arizona State Retirement System. View Insider Buying and Selling for Heritage Financial.

How do I buy shares of Heritage Financial?

Shares of HFWA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Heritage Financial's stock price today?

One share of HFWA stock can currently be purchased for approximately $30.48.

How big of a company is Heritage Financial?

Heritage Financial has a market capitalization of $1.13 billion and generates $183.29 million in revenue each year. The financial services provider earns $41.79 million in net income (profit) each year or $1.48 on an earnings per share basis. Heritage Financial employs 735 workers across the globe.

What is Heritage Financial's official website?

The official website for Heritage Financial is http://www.hf-wa.com.

How can I contact Heritage Financial?

Heritage Financial's mailing address is 201 FIFTH AVENUE S.W., OLYMPIA WA, 98501. The financial services provider can be reached via phone at 360-943-1500 or via email at [email protected]


MarketBeat Community Rating for Heritage Financial (NASDAQ HFWA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  458
MarketBeat's community ratings are surveys of what our community members think about Heritage Financial and other stocks. Vote "Outperform" if you believe HFWA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HFWA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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