S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Log in

Heritage Financial Stock Forecast, Price & News

+1.19 (+4.35 %)
(As of 03/5/2021 12:00 AM ET)
Today's Range
Now: $28.53
50-Day Range
MA: $24.92
52-Week Range
Now: $28.53
Volume186,303 shs
Average Volume168,868 shs
Market Capitalization$1.02 billion
P/E Ratio26.17
Dividend Yield2.92%
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 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, business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business 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 June 30, 2020, the company had a network of 62 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.
Heritage Financial logo


Analyzing Heritage Financial's Ex-Dividend Date
November 2, 2020 |  finance.yahoo.com
Analyzing Heritage Financial's Ex-Dividend Date
November 2, 2020 |  benzinga.com
Heritage Financial (HFWA) Q3 Earnings Surpass Estimates
October 22, 2020 |  finance.yahoo.com
Heritage Financial EPS beats by $0.08, misses on revenue
October 22, 2020 |  seekingalpha.com
See More Headlines

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$2.49 per share
Book Value$22.10 per share


Net Income$67.56 million


Market Cap$1.02 billion
Next Earnings Date4/29/2021 (Estimated)


Overall MarketRank

1.85 out of 5 stars

Finance Sector

327th out of 1,942 stocks

Savings Institutions, Except Federal Industry

4th out of 32 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
+1.19 (+4.35 %)
(As of 03/5/2021 12:00 AM ET)
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 HFWA and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

Heritage Financial (NASDAQ:HFWA) Frequently Asked Questions

Is Heritage Financial a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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, April 29th 2021.
View our earnings forecast for Heritage Financial

How were Heritage Financial's earnings last quarter?

Heritage Financial Co. (NASDAQ:HFWA) released its earnings results on Thursday, January, 28th. The financial services provider reported $0.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.20. 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 Coronavirus?

Heritage Financial's stock was trading at $20.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HFWA stock has increased by 41.2% and is now trading at $28.53.
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, January 29th. Stockholders of record on Wednesday, February 10th will be paid a dividend of $0.20 per share on Wednesday, February 24th. This represents a $0.80 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Tuesday, February 9th.
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 2.92%. 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 brokerages have issued 12 month price targets 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 year. This suggests that the stock has a possible downside of 1.9%.
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, Exec. Chairman (Age 67, Pay $899.19k)
  • Mr. Jeffrey J. Deuel, Pres, CEO & Director (Age 62, Pay $894.86k)
  • Mr. Donald J. Hinson CPA, Exec. VP & CFO (Age 60, Pay $548.62k)
  • Mr. Bryan D. McDonald, Exec. VP & COO (Age 49, Pay $620.23k)
  • Ms. Cindy M. Huntley, Exec. VP & Chief Banking Officer of Heritage Bank (Age 57, Pay $312.69k)
  • 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
  • Mr. Anthony Chalfant, Chief Credit Officer (Age 59)

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

17 employees have rated Heritage Financial CEO Jeff Deuel on Glassdoor.com. 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?

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 BlackRock Inc. (14.68%), Price T Rowe Associates Inc. MD (9.96%), Dimensional Fund Advisors LP (4.66%), Alliancebernstein L.P. (3.49%), Bank of New York Mellon Corp (2.29%) and Northern Trust Corp (1.73%). Company insiders that own Heritage Financial stock include Brian Charneski, Brian L Vance, Bryan Mcdonald, David A Spurling, Gragg E Miller, Jeffrey J Deuel, Jeffrey S Lyon 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, Dimensional Fund Advisors LP, Victory Capital Management Inc., Bank of New York Mellon Corp, Northern Trust Corp, Principal Financial Group Inc., Royce & Associates LP, and Wells Fargo & Company MN.
View insider buying and selling activity for Heritage Financial
or view top insider-selling stocks.

Which institutional investors are buying Heritage Financial stock?

HFWA stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Morgan Stanley, JPMorgan Chase & Co., BlackRock Inc., THB Asset Management, Russell Investments Group Ltd., Krane Funds Advisors LLC, and ExodusPoint Capital Management LP. 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 $28.53.

How much money does Heritage Financial make?

Heritage Financial has a market capitalization of $1.02 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 848 workers across the globe.

What is Heritage Financial's official website?

The official website for Heritage Financial is www.hf-wa.com.

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 3/6/2021 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.