NASDAQ:HFWA Heritage Financial (HFWA) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free HFWA Stock Alerts $19.39 +0.22 (+1.15%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$19.06▼$19.4350-Day Range$17.88▼$20.9652-Week Range$14.85▼$22.55Volume227,455 shsAverage Volume183,509 shsMarket Capitalization$671.86 millionP/E Ratio11.08Dividend Yield4.74%Price Target$22.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Heritage Financial alerts: Email Address Heritage Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside14.7% Upside$22.25 Price TargetShort InterestHealthy1.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth5.75%From $1.74 to $1.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.24 out of 5 starsFinance Sector445th out of 849 stocksSavings Institutions, Except Federal Industry6th out of 17 stocks 2.2 Analyst's Opinion Consensus RatingHeritage Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.25, Heritage Financial has a forecasted upside of 14.7% from its current price of $19.39.Amount of Analyst CoverageHeritage Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.82% of the float of Heritage Financial has been sold short.Short Interest Ratio / Days to CoverHeritage Financial has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Financial has recently increased by 9.21%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHeritage Financial is a leading dividend payer. It pays a dividend yield of 5.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHeritage Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Heritage Financial is 52.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Heritage Financial will have a dividend payout ratio of 50.00% next year. This indicates that Heritage Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HFWA. Previous Next 1.9 News and Social Media Coverage News SentimentHeritage Financial has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Heritage Financial this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for HFWA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Heritage Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Heritage Financial is held by insiders.Percentage Held by Institutions78.30% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Heritage Financial are expected to grow by 5.75% in the coming year, from $1.74 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Financial is 11.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Financial is 11.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 63.07.Price to Book Value per Share RatioHeritage Financial has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Heritage Financial Stock (NASDAQ:HFWA)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. It 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. The company's 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. It also originates loans that are guaranteed by the U.S. Small Business Administration; and provides objective advice from trusted advisers. 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 HFWA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HFWA Stock News HeadlinesMarch 19, 2024 | americanbankingnews.comShort Interest in Heritage Financial Co. (NASDAQ:HFWA) Drops By 6.7%March 12, 2024 | marketwatch.comHeritage Shares Rise Over 14% After 4Q Earnings Beat ExpectationsMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 2, 2024 | finance.yahoo.comHeritage Financial Full Year 2023 Earnings: Misses ExpectationsFebruary 25, 2024 | finance.yahoo.comSeveral Insiders Invested In Heritage Financial Flagging Positive NewsFebruary 23, 2024 | benzinga.comHeritage Financial Stock (NASDAQ:HFWA), Short Interest ReportFebruary 21, 2024 | au.finance.yahoo.comHeritage Financial Corporation (HFWA)February 8, 2024 | msn.comHeritage Financial Announces Resignation and New Officer AppointmentMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!February 7, 2024 | finance.yahoo.comHeritage Financial Corporation Announces that Director Eric K. Chan Resigned from the Board of DirectorsFebruary 2, 2024 | benzinga.comTuesday Is Your Last Chance To Buy Heritage Financial Before The Dividend PayoutJanuary 31, 2024 | wsj.comHeritage Financial Corp.January 30, 2024 | msn.comHeritage Financial Corp. Releases Investor Presentation MaterialsJanuary 27, 2024 | finance.yahoo.comHeritage Financial Corporation (NASDAQ:HFWA) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | msn.comHeritage Commerce declares $0.13 dividendJanuary 25, 2024 | finance.yahoo.comCompared to Estimates, Heritage Financial (HFWA) Q4 Earnings: A Look at Key MetricsJanuary 25, 2024 | seekingalpha.comHeritage Financial Corporation 2023 Q4 - Results - Earnings Call PresentationJanuary 25, 2024 | finanznachrichten.deHeritage Financial Corporation: Heritage Financial Announces Fourth Quarter And Annual 2023 Results And Declares Regular Cash DividendJanuary 25, 2024 | finance.yahoo.comHERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2023 RESULTS AND DECLARES REGULAR CASH DIVIDENDJanuary 24, 2024 | markets.businessinsider.comHere's what to expect from Heritage Financial's earningsJanuary 23, 2024 | msn.comHeritage Financial (HFWA) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance MeasuresJanuary 22, 2024 | finance.yahoo.comHeritage Financial Announces Earnings Release Date and Conference CallJanuary 20, 2024 | msn.comA history of giving from the Heritage Harbor Foundation | OpinionJanuary 2, 2024 | yahoo.comHeritage Center in Springfield to close for monthDecember 30, 2023 | msn.comFFWC: Parke Heritage 58, Edgewood 44December 26, 2023 | msn.comFFWVC: Parke Heritage 63, Northview 44December 25, 2023 | msn.comParke Heritage wins 3rd annual Jenni Marietta State Farm Holiday ClassicSee More Headlines Receive HFWA Stock 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. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 2/22 Dividend2/07/2024Dividend Payable2/22/2024Today3/29/2024Next Earnings (Estimated)4/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Savings institutions, except federal Sub-IndustryRegional Banks Current SymbolNASDAQ:HFWA CUSIP42722X10 CIK1046025 Webwww.hf-wa.com Phone(360) 943-1500Fax360-352-0864Employees764Year Founded1927Price Target and Rating Average Stock Price Target$22.25 High Stock Price Target$23.00 Low Stock Price Target$22.00 Potential Upside/Downside+14.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.75 Trailing P/E Ratio11.08 Forward P/E Ratio11.14 P/E GrowthN/ANet Income$61.76 million Net Margins20.37% Pretax Margin24.05% Return on Equity8.66% Return on Assets1.00% Debt Debt-to-Equity Ratio0.61 Current Ratio0.78 Quick Ratio0.78 Sales & Book Value Annual Sales$303.13 million Price / Sales2.22 Cash Flow$2.35 per share Price / Cash Flow8.24 Book Value$24.45 per share Price / Book0.79Miscellaneous Outstanding Shares34,650,000Free Float34,031,000Market Cap$671.86 million OptionableOptionable Beta0.53 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Brian L. Vance (Age 70)Chairman of the Board Comp: $103.5kMr. Jeffrey J. Deuel (Age 65)President, CEO & Director Comp: $1.25MMr. Donald J. Hinson CPA (Age 63)Executive VP & CFO Comp: $645.32kMr. Bryan D. McDonald (Age 52)Executive Vice President Comp: $781.56kMr. Anthony W. Chalfant (Age 62)Executive VP & Chief Credit Officer Comp: $580.17kMr. William K. GlasbyExecutive VP & CTOMs. Sabrina C. RobisonSenior VP & Chief Human Resources OfficerMr. Matthew T. Ray (Age 52)Executive VP & Chief Lending Officer of Heritage Bank Ms. Kaylene M. Lahn (Age 52)Senior VP & Corporate Secretary More ExecutivesKey CompetitorsSouthern Missouri BancorpNASDAQ:SMBCGreene County BancorpNASDAQ:GCBCHingham Institution for SavingsNASDAQ:HIFSBerkshire Hills BancorpNYSE:BHLBHome BancorpNASDAQ:HBCPView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Bought 1,428 shares on 3/22/2024Ownership: 0.010%Vanguard Group Inc.Bought 115,189 shares on 3/11/2024Ownership: 7.664%Wellington Management Group LLPBought 74,900 shares on 3/5/2024Ownership: 0.215%Goldman Sachs Group Inc.Sold 90,452 shares on 3/1/2024Ownership: 2.670%Price T Rowe Associates Inc. MDBought 6,615 shares on 2/16/2024Ownership: 0.081%View All Insider TransactionsView All Institutional Transactions HFWA Stock Analysis - Frequently Asked Questions Should I buy or sell Heritage Financial stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HFWA shares. 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 HFWA analyst ratings or view top-rated stocks. What is Heritage Financial's stock price target for 2024? 3 Wall Street research analysts have issued 12-month target prices for Heritage Financial's shares. Their HFWA share price targets range from $22.00 to $23.00. On average, they predict the company's share price to reach $22.25 in the next twelve months. This suggests a possible upside of 14.7% 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 2024? Heritage Financial's stock was trading at $21.39 on January 1st, 2024. Since then, HFWA shares have decreased by 9.4% and is now trading at $19.39. View the best growth stocks for 2024 here. Are investors shorting Heritage Financial? Heritage Financial saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 625,100 shares, an increase of 9.2% from the February 29th total of 572,400 shares. Based on an average daily trading volume, of 191,300 shares, the short-interest ratio is currently 3.3 days. Currently, 1.8% of the shares of the company 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 18th 2024. View our HFWA earnings forecast. How were Heritage Financial's earnings last quarter? Heritage Financial Co. (NASDAQ:HFWA) released its earnings results on Thursday, January, 25th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.47. The financial services provider had revenue of $50.72 million for the quarter, compared to analysts' expectations of $62 million. Heritage Financial had a trailing twelve-month return on equity of 8.66% and a net margin of 20.37%. How often does Heritage Financial pay dividends? What is the dividend yield for Heritage Financial? Heritage Financial announced a quarterly dividend on Wednesday, January 24th. Shareholders of record on Thursday, February 8th will be given a dividend of $0.23 per share on Thursday, February 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend is Wednesday, February 7th. This is an increase from the stock's previous quarterly dividend of $0.22. Read our dividend analysis for HFWA. Is Heritage Financial a good dividend stock? Heritage Financial (NASDAQ:HFWA) pays an annual dividend of $0.92 per share and currently has a dividend yield of 5.04%. HFWA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HFWA will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HFWA. What ETF holds Heritage Financial's stock? Invesco S&P SmallCap Low Volatility ETF holds 207,912 shares of HFWA stock, representing 0.87% of its portfolio. 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). Who are Heritage Financial's major shareholders? Heritage Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.67%), Vanguard Group Inc. (7.66%), Dimensional Fund Advisors LP (4.97%), Charles Schwab Investment Management Inc. (2.89%), Goldman Sachs Group Inc. (2.67%) and Goldman Sachs Group Inc. (2.67%). Insiders that own company stock include Brian Charneski, Brian L Vance, Cindy M Huntley, Frederick B Rivera, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HFWA) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Heritage Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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