Heritage Financial Stock Forecast, Price & News

-0.24 (-0.85 %)
(As of 05/6/2021 11:12 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1,449 shs
Average Volume143,345 shs
Market Capitalization$1.01 billion
P/E Ratio25.71
Dividend Yield2.81%
30 days | 90 days | 365 days | Advanced Chart
Receive HFWA News and Ratings via Email

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

Industry, Sector and Symbol

Industry Savings institutions, except federal
Sub-IndustryRegional Banks
Current SymbolNASDAQ:HFWA
Year FoundedN/A

Sales & Book Value

Annual Sales$250.31 million
Cash Flow$2.44 per share
Book Value$22.10 per share


Net Income$67.56 million




Market Cap$1.01 billion
Next Earnings Date7/22/2021 (Estimated)


See More Headlines
Heritage Financial logo

About Heritage Financial

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand deposits, 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, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services, as well as objective advice. As of January 07, 2021, it had a network of 61 banking offices 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.


Overall MarketRank

1.72 out of 5 stars

Finance Sector

422nd out of 1,953 stocks

Savings Institutions, Except Federal Industry

4th out of 32 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Heritage Financial (NASDAQ:HFWA) Frequently Asked Questions

Is Heritage Financial a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Heritage Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HFWA, but not buy additional shares or sell existing shares.
View analyst ratings for Heritage Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Heritage Financial?

Wall Street analysts have given Heritage Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Heritage Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Heritage Financial's next earnings date?

Heritage Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Heritage Financial

How were Heritage Financial's earnings last quarter?

Heritage Financial Co. (NASDAQ:HFWA) issued its earnings results on Thursday, April, 22nd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.17. Heritage Financial had a net margin of 16.02% and a trailing twelve-month return on equity of 4.97%.
View Heritage Financial's earnings history

How has Heritage Financial's stock price been impacted by COVID-19?

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 (WHO). Since then, HFWA shares have increased by 38.6% and is now trading at $28.02.
View which stocks have been most impacted by COVID-19

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

Heritage Financial announced a quarterly dividend on Friday, April 23rd. Stockholders of record on Wednesday, May 5th will be paid a dividend of $0.20 per share on Wednesday, May 19th. This represents a $0.80 annualized dividend and a dividend yield of 2.86%. The ex-dividend date is Tuesday, May 4th.
View Heritage Financial's dividend history

Is Heritage Financial a good dividend stock?

Heritage Financial pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.81%. Heritage Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Heritage Financial is 43.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Heritage Financial will have a dividend payout ratio of 66.12% next year. This indicates that Heritage Financial will be able to sustain or increase its dividend.
View Heritage Financial's dividend history.

What price target have analysts set for HFWA?

1 brokers have issued 12 month price objectives for Heritage Financial's shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Heritage Financial's stock price to reach $28.00 in the next twelve months. This suggests that the stock has a possible downside of 0.1%.
View analysts' price targets for Heritage Financial
or view top-rated stocks among Wall Street analysts.

Who are Heritage Financial's key executives?

Heritage Financial's management team includes the following people:
  • Mr. Brian L. Vance, Chairman (Age 67, Pay $421.48k)
  • Mr. Jeffrey J. Deuel, Pres, CEO & Director (Age 62, Pay $923.6k)
  • Mr. Donald J. Hinson CPA, Exec. VP & CFO (Age 60, Pay $505.44k)
  • Mr. Bryan D. McDonald, Exec. VP & COO (Age 49, Pay $591.15k)
  • Ms. Cindy M. Huntley, Exec. VP & Chief Banking Officer of Heritage Bank (Age 57, Pay $348.02k)
  • Mr. Anthony Chalfant, Exec. VP & Chief Credit Officer (Age 56, Pay $360.22k)
  • Mr. William K. Glasby, Exec. VP & CTO
  • Ms. Sabrina C. Robison, Sr. VP & Chief HR Officer
  • Ms. Kaylene M. Lahn, Sr. VP & Corp. Sec. (Age 49)
  • Mr. Thomas J. Henning, Exec. VP & Chief Risk Officer of Haritage Bank

What is Jeff Deuel's approval rating as Heritage Financial's CEO?

17 employees have rated Heritage Financial CEO Jeff Deuel on Jeff Deuel has an approval rating of 94% among Heritage Financial's employees. This puts Jeff Deuel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (1.78%), The Manufacturers Life Insurance Company (1.51%), Nwam LLC (0.16%), Comerica Bank (0.10%), Knowledge Leaders Capital LLC (0.10%) and Texas Permanent School Fund (0.07%). Company insiders that own Heritage Financial stock include Brian Charneski, Brian L Vance, Bryan Mcdonald, Cindy M Huntley, David A Spurling, Gragg E Miller, Jeffrey J Deuel, Jeffrey S Lyon, Lisa Banner and Tony Chalfant.
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 Nwam LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, Texas Permanent School Fund, and Comerica Bank. Company insiders that have sold Heritage Financial company stock in the last year include Brian Charneski, Brian L Vance, Cindy M Huntley, and Tony Chalfant.
View insider buying and selling activity for Heritage Financial
or view top insider-selling stocks.

Which major investors are buying Heritage Financial stock?

HFWA stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., The Manufacturers Life Insurance Company , Knowledge Leaders Capital LLC, Soundmark Wealth Management LLC, and US Bancorp DE. 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
or or view top insider-buying stocks.

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 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 $28.02.

How much money does Heritage Financial make?

Heritage Financial has a market capitalization of $1.01 billion 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.

How many employees does Heritage Financial have?

Heritage Financial employs 852 workers across the globe.

What is Heritage Financial's official website?

The official website for Heritage Financial is

Where are Heritage Financial's headquarters?

Heritage Financial is headquartered at 201 FIFTH AVENUE S.W., OLYMPIA WA, 98501.

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 5/6/2021 by Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.