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NASDAQ:HFWA

Heritage Financial - HFWA Stock Forecast, Price & News

$29.23
-0.09 (-0.31%)
(As of 02/7/2023 01:41 PM ET)
Add
Compare
Today's Range
$28.81
$29.36
50-Day Range
$27.97
$32.90
52-Week Range
$23.45
$34.34
Volume
53,176 shs
Average Volume
193,583 shs
Market Capitalization
$1.03 billion
P/E Ratio
12.65
Dividend Yield
2.81%
Price Target
$36.50

Heritage Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.1% Upside
$36.50 Price Target
Short Interest
Healthy
2.52% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Heritage Financial in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.77%
From $2.59 to $2.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Finance Sector

302nd out of 850 stocks

Savings Institutions, Except Federal Industry

5th out of 14 stocks

HFWA stock logo

About Heritage Financial (NASDAQ:HFWA) Stock

Heritage Financial Corp. is bank holding company, which engages in the business of planning, directing, and coordinating the business activities of wholly owned subsidiary Heritage Bank. It includes commercial lending and deposit relationships with small and medium businesses and their owners in market areas, and attracting deposits from the general public. It also offers real estate construction and land development loans, and consumer loans. The company was founded in August 1997 and is headquartered in Olympia, WA.

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HFWA Stock News Headlines

Move Over Lithium – 220 Pounds of Graphite In Every EV Battery
Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. But America hasn't produced any graphite since the 1950s. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska.
Heritage Financial's Earnings Outlook
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Heritage Bank Expands into the Boise, Idaho, Market
Heritage Bank adds LA Clippers executive to its board
Analyst Ratings for Heritage-Crystal Clean
What 5 Analyst Ratings Have To Say About Heritage-Crystal Clean
Heritage Financial: Q3 Earnings Insights
See More Headlines
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HFWA Company Calendar

Last Earnings
10/20/2021
Ex-Dividend for 11/16 Dividend
11/01/2022
Dividend Payable
11/16/2022
Today
2/07/2023
Ex-Dividend for 2/22 Dividend
2/07/2023
Dividend Payable
2/22/2023
Next Earnings (Estimated)
4/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Savings institutions, except federal
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HFWA
CUSIP
42722X10
Employees
751
Year Founded
1927

Price Target and Rating

Average Stock Price Forecast
$36.50
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+24.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$81.88 million
Pretax Margin
38.68%

Debt

Sales & Book Value

Annual Sales
$257.05 million
Cash Flow
$2.36 per share
Book Value
$22.73 per share

Miscellaneous

Free Float
34,472,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
0.60

Social Links


Key Executives

  • Jeffrey J. Deuel
    President, Chief Executive Officer & Director
  • Bryan D. McDonald
    Chief Operating Officer & Executive Vice President
  • Donald J. Hinson
    Chief Financial Officer & Executive Vice President
  • Cindy M. HuntleyCindy M. Huntley
    Chief Banking Officer & Executive Vice President
  • Anthony W. ChalfantAnthony W. Chalfant
    Chief Credit Officer & Executive Vice President













HFWA Stock - Frequently Asked Questions

Should I buy or sell Heritage Financial stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HFWA shares.
View HFWA analyst ratings
or view top-rated stocks.

What is Heritage Financial's stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month price targets for Heritage Financial's shares. Their HFWA share price forecasts range from $35.00 to $38.00. On average, they expect the company's share price to reach $36.50 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts price targets for HFWA
or view top-rated stocks among Wall Street analysts.

How have HFWA shares performed in 2023?

Heritage Financial's stock was trading at $30.64 on January 1st, 2023. Since then, HFWA shares have decreased by 4.8% and is now trading at $29.16.
View the best growth stocks for 2023 here
.

Are investors shorting Heritage Financial?

Heritage Financial saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 870,100 shares, a drop of 17.9% from the December 31st total of 1,060,000 shares. Based on an average daily trading volume, of 223,800 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.5% of the shares of the stock are short sold.
View Heritage Financial's Short Interest
.

When is Heritage Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our HFWA earnings forecast
.

How were Heritage Financial's earnings last quarter?

Heritage Financial Co. (NASDAQ:HFWA) posted its earnings results on Wednesday, October, 20th. The financial services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The financial services provider had revenue of $59.61 million for the quarter, compared to analyst estimates of $60.53 million. Heritage Financial had a net margin of 31.85% and a trailing twelve-month return on equity of 10.23%. During the same period last year, the company earned $0.46 EPS.

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

Heritage Financial declared a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.22 per share on Wednesday, February 22nd. This represents a $0.88 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Tuesday, February 7th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for HFWA
.

Is Heritage Financial a good dividend stock?

Heritage Financial (NASDAQ:HFWA) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.81%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HFWA will have a dividend payout ratio of 32.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HFWA.

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.

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).

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 investors include Allspring Global Investments Holdings LLC (0.80%), Kiley Juergens Wealth Management LLC (0.57%), Assenagon Asset Management S.A. (0.48%), Robeco Institutional Asset Management B.V. (0.32%), Martin & Co. Inc. TN (0.26%) and TD Asset Management Inc (0.26%). Insiders that own company stock include Brian Charneski, Brian L Vance, Cindy M Huntley, Gragg E Miller, Jeffrey J Deuel, Jeffrey S Lyon, John A Clees and Tony Chalfant.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Heritage Financial's stock price today?

One share of HFWA stock can currently be purchased for approximately $29.16.

How much money does Heritage Financial make?

Heritage Financial (NASDAQ:HFWA) has a market capitalization of $1.02 billion and generates $257.05 million in revenue each year. The financial services provider earns $81.88 million in net income (profit) each year or $2.31 on an earnings per share basis.

How many employees does Heritage Financial have?

The company employs 751 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 official website for the company is www.hf-wa.com. The financial services provider can be reached via phone at (360) 943-1500, via email at hfwa@heritagebanknw.com, or via fax at 360-352-0864.

This page (NASDAQ:HFWA) was last updated on 2/7/2023 by MarketBeat.com Staff