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NASDAQ:HFWAHeritage Financial Stock Price, Forecast & News

$18.42
-0.26 (-1.39 %)
(As of 08/4/2020 04:00 PM ET)
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Today's Range
$17.99
Now: $18.42
$18.42
50-Day Range
$17.84
MA: $19.24
$20.82
52-Week Range
$14.65
Now: $18.42
$29.25
Volume123,130 shs
Average Volume197,109 shs
Market Capitalization$661.09 million
P/E Ratio16.59
Dividend Yield4.28%
Beta0.66
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 loans, 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 January 30, 2018, the company had a network of 64 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 1927 and is headquartered in Olympia, Washington.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.92 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$250.31 million
Cash Flow$2.18 per share
Book Value$22.11 per share

Profitability

Net Income$67.56 million

Miscellaneous

Employees878
Market Cap$661.09 million
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$18.42
-0.26 (-1.39 %)
(As of 08/4/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Heritage Financial (NASDAQ:HFWA) Frequently Asked Questions

How has Heritage Financial's stock been impacted by COVID-19 (Coronavirus)?

Heritage Financial's stock was trading at $20.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HFWA shares have decreased by 8.9% and is now trading at $18.42.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Heritage Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Heritage Financial
.

When is Heritage Financial's next earnings date?

Heritage Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Heritage Financial
.

How were Heritage Financial's earnings last quarter?

Heritage Financial Corp (NASDAQ:HFWA) posted its quarterly earnings data on Thursday, July, 23rd. The financial services provider reported ($0.17) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.34. The financial services provider had revenue of $58.56 million for the quarter, compared to the consensus estimate of $57.03 million. Heritage Financial had a return on equity of 5.13% and a net margin of 16.36%.
View Heritage Financial's earnings history
.

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

Heritage Financial announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Wednesday, August 5th will be given a dividend of $0.20 per share on Wednesday, August 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date is Tuesday, August 4th.
View Heritage Financial's dividend history
.

What price target have analysts set for HFWA?

2 equities research analysts have issued 12-month target prices for Heritage Financial's shares. Their forecasts range from $29.00 to $29.00. On average, they anticipate Heritage Financial's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 57.4% from the stock's current price.
View analysts' price targets for Heritage Financial
.

Has Heritage Financial been receiving favorable news coverage?

News articles about HFWA stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Heritage Financial earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.
View the latest news about Heritage Financial
.

Are investors shorting Heritage Financial?

Heritage Financial saw a decrease in short interest in July. As of July 15th, there was short interest totaling 2,020,000 shares, a decrease of 6.0% from the June 30th total of 2,150,000 shares. Based on an average daily volume of 215,000 shares, the short-interest ratio is presently 9.4 days. Approximately 5.7% of the shares of the stock are sold short.
View Heritage Financial's Current Options Chain
.

Who are some of Heritage Financial's key competitors?

What other stocks do shareholders of Heritage Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Financial investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), AMC Entertainment (AMC), Chaarat Gold (CGH), Ciena (CIEN), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and First Data (FDC).

Who are Heritage Financial's key executives?

Heritage Financial's management team includes the following people:
  • Mr. Brian L. Vance, CEO & Director (Age 65)
  • Mr. Jeffrey J. Deuel, Pres (Age 60)
  • Mr. Donald J. Hinson CPA, Exec. VP & CFO (Age 58)
  • Mr. Bryan D. McDonald, Exec. VP & COO (Age 47)
  • William K. Glasby, Exec. VP & Chief Technology Officer

What is Heritage Financial's stock symbol?

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

Who are Heritage Financial's major shareholders?

Heritage Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ProShare Advisors LLC (1.08%), Nwam LLC (0.19%), Comerica Bank (0.11%), UBS Group AG (0.10%), First Trust Advisors LP (0.10%) and Texas Permanent School Fund (0.08%). Company insiders that own Heritage Financial stock include Brian Charneski, Brian L Vance, Bryan Mcdonald, David A Spurling, Donald Hinson, Gragg E Miller, Jeffrey J Deuel, Jeffrey S Lyon, John A Clees and Lisa Banner.
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 First Trust Advisors LP, Texas Permanent School Fund, and Nwam LLC. Company insiders that have sold Heritage Financial company stock in the last year include Brian L Vance, Bryan Mcdonald, and David A Spurling.
View insider buying and selling activity for Heritage Financial
.

Which institutional investors are buying Heritage Financial stock?

HFWA stock was acquired by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, UBS Group AG, SG Americas Securities LLC, Comerica Bank, and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought Heritage Financial stock in the last two years include Brian Charneski, Gragg E Miller, Jeffrey J Deuel, and Jeffrey S Lyon.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Heritage Financial's stock price today?

One share of HFWA stock can currently be purchased for approximately $18.42.

How big of a company is Heritage Financial?

Heritage Financial has a market capitalization of $661.09 million and generates $250.31 million in revenue each year. The financial services provider earns $67.56 million in net income (profit) each year or $1.83 on an earnings per share basis. Heritage Financial employs 878 workers across the globe.

What is Heritage Financial's official website?

The official website for Heritage Financial is 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]

This page was last updated on 8/5/2020 by MarketBeat.com Staff

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