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NASDAQ:HFWAHeritage Financial Stock Price, Forecast & News

$19.00
-0.23 (-1.20 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$18.25
Now: $19.00
$19.02
50-Day Range
$15.68
MA: $18.65
$21.77
52-Week Range
$14.65
Now: $19.00
$30.15
Volume243,054 shs
Average Volume191,384 shs
Market Capitalization$681.91 million
P/E Ratio11.11
Dividend Yield4.21%
Beta0.71
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: 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

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$2.21 per share
Book Value$22.25 per share

Profitability

Net Income$67.56 million

Miscellaneous

Employees878
Market Cap$681.91 million
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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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 Coronavirus (COVID-19) 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) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $0.33 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.02. The financial services provider earned $58.04 million during the quarter, compared to analysts' expectations of $55.46 million. Heritage Financial had a return on equity of 7.88% and a net margin of 25.11%. 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. Stockholders of record on Wednesday, May 13th will be paid a dividend of $0.20 per share on Wednesday, May 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend is Tuesday, May 12th. View Heritage Financial's dividend history.

What price target have analysts set for HFWA?

3 equities research analysts have issued 1 year target prices for Heritage Financial's stock. Their forecasts range from $29.00 to $29.00. On average, they anticipate Heritage Financial's stock 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 coverage about HFWA stock has been trending positive recently, InfoTrie reports. The research firm ranks the sentiment of news 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 nearest to five being the most favorable. Heritage Financial earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutHeritage Financial.

Are investors shorting Heritage Financial?

Heritage Financial saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,110,000 shares, a decline of 5.4% from the April 15th total of 2,230,000 shares. Based on an average trading volume of 185,200 shares, the short-interest ratio is presently 11.4 days. Approximately 5.9% of the shares of the company are short sold. 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 number of institutional and retail investors. Top institutional shareholders 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 purchased 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

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