NASDAQ:HFWAHeritage Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Heritage Financial Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.00 -0.23 (-1.20 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$18.25Now: $19.00▼$19.0250-Day Range$15.68MA: $18.65▼$21.7752-Week Range$14.65Now: $19.00▼$30.15Volume243,054 shsAverage Volume191,384 shsMarket Capitalization$681.91 millionP/E Ratio11.11Dividend Yield4.21%Beta0.71 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingHeritage Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.00, Heritage Financial has a potential upside of 52.6% from its current price of $19.00.Amount of Analyst CoverageHeritage Financial has received no research coverage in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesHeritage Financial has received 324 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHeritage Financial has received 402 “underperform” votes. (Add your “underperform” vote.)Community SentimentHeritage Financial has received 55.37% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipHeritage Financial is a leading dividend payer. It pays a dividend yield of 4.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHeritage Financial has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Heritage Financial is 43.72 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Heritage Financial will have a dividend payout ratio of 75.47 % in the coming year. This indicates that Heritage Financial may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $223,390.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Heritage Financial is held by insiders.Percentage Held by Institutions80.93% of the stock of Heritage Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Heritage Financial are expected to decrease by -19.08% in the coming year, from $1.31 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Financial is 11.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Financial is 11.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.53.Price to Book Value per Share RatioHeritage Financial has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.88 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Savings institutions, except federal Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HFWA Previous Symbol CUSIP42722X10 CIK1046025 Webwww.hf-wa.com Phone360-943-1500Debt Debt-to-Equity Ratio0.03 Current Ratio0.84 Quick Ratio0.84Price-To-Earnings Trailing P/E Ratio11.11 Forward P/E Ratio14.50 P/E GrowthN/A Sales & Book Value Annual Sales$250.31 million Price / Sales2.72 Cash Flow$2.21 per share Price / Cash Flow8.61 Book Value$22.25 per share Price / Book0.85Profitability EPS (Most Recent Fiscal Year)$1.83 Net Income$67.56 million Net Margins25.11% Return on Equity7.88% Return on Assets1.15%Miscellaneous Employees878 Outstanding Shares35,890,000Market Cap$681.91 million Next Earnings Date7/23/2020 (Estimated) OptionableOptionable NASDAQ:HFWA Rates by TradingView 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. 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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HFWA shares have decreased by 6.0% and is now trading at $19.00. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Heritage Financial? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 3 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, July 23rd 2020. View our earnings forecast for Heritage Financial. How were Heritage Financial's earnings last quarter? Heritage Financial Corp (NASDAQ:HFWA) announced its quarterly earnings results on Thursday, April, 30th. The financial services provider reported $0.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.02. The financial services provider had revenue of $58.04 million for the quarter, compared to the consensus estimate of $55.46 million. Heritage Financial had a net margin of 25.11% and a return on equity of 7.88%. 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 Friday, May 1st. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.20 per share on Wednesday, May 27th. This represents a $0.80 annualized dividend and a yield of 4.21%. The ex-dividend date is Tuesday, May 12th. View Heritage Financial's dividend history. What price target have analysts set for HFWA? 3 analysts have issued 1-year price objectives for Heritage Financial's shares. Their forecasts range from $29.00 to $29.00. On average, they expect Heritage Financial's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View analysts' price targets for Heritage Financial. Has Heritage Financial been receiving favorable news coverage? Media headlines about HFWA stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Heritage Financial earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHeritage Financial. Are investors shorting Heritage Financial? Heritage Financial saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,110,000 shares, a decrease of 5.4% from the April 15th total of 2,230,000 shares. Based on an average trading volume of 185,200 shares, the days-to-cover ratio is presently 11.4 days. Approximately 5.9% of the shares of the company are sold short. View Heritage Financial's Current Options Chain. Who are some of Heritage Financial's key competitors? Some companies that are related to Heritage Financial include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.81%), Invesco Ltd. (3.71%), State Street Corp (3.62%), Alliancebernstein L.P. (3.37%), Bank of New York Mellon Corp (2.50%) and Victory Capital Management Inc. (1.83%). 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 Alliancebernstein L.P., Mutual of America Capital Management LLC, The Manufacturers Life Insurance Company , Morgan Stanley, THB Asset Management, Citigroup Inc., Eagle Asset Management Inc., and UBS Group AG. Company insiders that have sold Heritage Financial company stock in the last year include Brian L Vance, Bryan Mcdonald, David A Spurling, and Lisa Banner. View insider buying and selling activity 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 Advisor Group Holdings Inc., Invesco Ltd., JPMorgan Chase & Co., State Street Corp, Bank of New York Mellon Corp, Penn Capital Management Co. Inc., Geode Capital Management LLC, and Victory Capital Management Inc.. 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 $19.00. How big of a company is Heritage Financial? Heritage Financial has a market capitalization of $681.91 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 5/31/2020 by MarketBeat.com Staff
