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

Sign in or create an account to add this stock to your watchlist.
$35.55 -0.05 (-0.14 %)
(As of 08/19/2018 07:38 AM ET)
Previous Close$35.55
Today's Range$35.40 - $35.75
52-Week Range$25.25 - $37.38
Volume515,185 shs
Average Volume253,694 shs
Market Capitalization$1.30 billion
P/E Ratio24.02
Dividend Yield1.71%
Beta0.5
Heritage Financial logoHeritage 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.

Receive HFWA News and Ratings via Email

Sign-up to receive the latest news and ratings for HFWA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.15
Current Ratio0.85
Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio24.02
Forward P/E Ratio19.86
P/E Growth1.97

Sales & Book Value

Annual Sales$183.29 million
Price / Sales7.15
Cash Flow$1.8632 per share
Price / Cash19.08
Book Value$16.99 per share
Price / Book2.09

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$41.79 million
Net Margins19.36%
Return on Equity8.54%
Return on Assets1.11%

Miscellaneous

Employees735
Outstanding Shares36,870,000
Market Cap$1.30 billion

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, July 25th. Investors of record on Thursday, August 9th will be given a dividend of $0.15 per share on Thursday, August 23rd. This represents a $0.60 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Wednesday, August 8th. View Heritage Financial's Dividend History.

How were Heritage Financial's earnings last quarter?

Heritage Financial Corp (NASDAQ:HFWA) issued its earnings results on Wednesday, July, 25th. The financial services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.44 by $0.09. The financial services provider earned $51.32 million during the quarter, compared to the consensus estimate of $50.90 million. Heritage Financial had a net margin of 19.36% and a return on equity of 8.54%. 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, October, 25th 2018. View Earnings Estimates for Heritage Financial.

What price target have analysts set for HFWA?

5 Wall Street analysts have issued 1 year price objectives for Heritage Financial's shares. Their predictions range from $33.00 to $36.00. On average, they anticipate Heritage Financial's stock price to reach $35.00 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Heritage Financial.

What is the consensus analysts' recommendation for Heritage Financial?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heritage Financial.

Are investors shorting Heritage Financial?

Heritage Financial saw a increase in short interest in the month of July. As of July 13th, there was short interest totalling 2,563,016 shares, an increase of 33.6% from the June 29th total of 1,917,867 shares. Based on an average daily volume of 339,784 shares, the short-interest ratio is presently 7.5 days. Currently, 7.7% of the company's stock are sold short. View Heritage Financial's Current Options Chain.

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)

Has Heritage Financial been receiving favorable news coverage?

Media headlines about HFWA stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Heritage Financial earned a media and rumor sentiment score of 0.12 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Heritage Financial.

Who are Heritage Financial's major shareholders?

Heritage Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.98%), Dimensional Fund Advisors LP (4.99%), Bank of New York Mellon Corp (2.35%), Waddell & Reed Financial Inc. (1.69%), Eagle Asset Management Inc. (1.31%) and Wells Fargo & Company MN (0.74%). Company insiders that own Heritage Financial stock include Anthony Pickering, Brian Charneski, Brian L Vance, Bryan Mcdonald, David A Spurling, Donald Hinson, Gary B Christensen, John A Clees, Lisa Banner and Mark D Crawford. View Institutional Ownership Trends for Heritage Financial.

Which institutional investors are selling Heritage Financial stock?

HFWA stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Citadel Advisors LLC, Martingale Asset Management L P, Boston Partners, Eagle Asset Management Inc. and Macquarie Group Ltd.. Company insiders that have sold Heritage Financial company stock in the last year include Anthony Pickering, Brian Charneski, Brian L Vance, David A Spurling, Donald Hinson and John A Clees. View Insider Buying and Selling for Heritage Financial.

Which institutional investors are buying Heritage Financial stock?

HFWA stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, Bank of New York Mellon Corp, Comerica Bank, Wells Fargo & Company MN, First Trust Advisors LP, Legal & General Group Plc and Rhumbline Advisers. 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 $35.55.

How big of a company is Heritage Financial?

Heritage Financial has a market capitalization of $1.30 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.

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:  188 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  392
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 8/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.