NASDAQ:HFWA Heritage Financial (HFWA) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free HFWA Stock Alerts $18.89 +0.05 (+0.27%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$18.85▼$19.2350-Day Range$17.12▼$19.3952-Week Range$14.85▼$22.55Volume224,488 shsAverage Volume166,137 shsMarket Capitalization$654.54 millionP/E Ratio14.20Dividend Yield4.87%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/Downside17.8% Upside$22.25 Price TargetShort InterestHealthy1.47% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth16.25%From $1.60 to $1.86 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.4.03 out of 5 starsFinance Sector2169th out of 5,270 stocksSavings Institutions, Except Federal Industry37th out of 114 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.Amount of Analyst CoverageHeritage Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.47% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Financial has recently decreased by 2.76%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipHeritage Financial is a leading dividend payer. It pays a dividend yield of 4.88%, 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 69.17%. 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 49.46% 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 0.46. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Heritage Financial this week, compared to 2 articles on an average week. 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Heritage Financial are expected to grow by 16.25% in the coming year, from $1.60 to $1.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Financial is 14.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Financial is 14.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.06.Price to Book Value per Share RatioHeritage Financial has a P/B Ratio of 0.77. 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 Weiss RatingsFW: 234x GainThis coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.Click here. 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 HeadlinesMay 3, 2024 | finance.yahoo.comDividend Investors: Don't Be Too Quick To Buy Heritage Financial Corporation (NASDAQ:HFWA) For Its Upcoming DividendMay 2, 2024 | americanbankingnews.comAnalysts Issue Forecasts for Heritage Financial Co.'s FY2024 Earnings (NASDAQ:HFWA)May 4, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.May 1, 2024 | americanbankingnews.comHeritage Financial Co. (NASDAQ:HFWA) to Post Q2 2024 Earnings of $0.42 Per Share, DA Davidson ForecastsApril 30, 2024 | insidermonkey.comHeritage Financial Corporation (NASDAQ:HFWA) Q1 2024 Earnings Call TranscriptApril 28, 2024 | seekingalpha.comHeritage Financial Corporation (HFWA) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comHeritage Financial First Quarter 2024 Earnings: EPS: US$0.17 (vs US$0.58 in 1Q 2023)April 26, 2024 | finance.yahoo.comHeritage Financial Corp (HFWA) Q1 2024 Earnings Miss Analyst Projections Amid Strategic ShiftsMay 4, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.April 26, 2024 | finanznachrichten.deHeritage Financial Corporation: Heritage Financial Announces First Quarter 2024 Results And Declares Regular Cash DividendApril 25, 2024 | investorplace.comHFWA Stock Earnings: Heritage Financial Meets EPS, Misses Revenue for Q1 2024April 25, 2024 | msn.comHeritage Financial declares $0.23 dividendApril 25, 2024 | prnewswire.comHERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDENDApril 24, 2024 | markets.businessinsider.comHeritage Financial earnings preview: what to expectApril 18, 2024 | bizjournals.comFounding director Verne Epperson retires from Heritage Bank boardApril 13, 2024 | yahoo.comFinlandia Foundation National holds re-opening of Finnish American Heritage CenterApril 12, 2024 | yahoo.comUS think tank Heritage Foundation hit by cyberattackApril 11, 2024 | msn.comFlood defence repairs at World Heritage siteApril 2, 2024 | prnewswire.comHeritage Financial Announces Earnings Release Date and Conference CallMarch 12, 2024 | marketwatch.comHeritage Shares Rise Over 14% After 4Q Earnings Beat ExpectationsMarch 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 AppointmentFebruary 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 PayoutSee 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 Earnings7/20/2023Ex-Dividend for 2/22 Dividend2/07/2024Dividend Payable2/22/2024Today5/04/2024Ex-Dividend for 5/22 Dividend5/07/2024Dividend Payable5/22/2024Next Earnings (Estimated)7/18/2024Fiscal 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) 943-1500Fax360-352-0864Employees765Year 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+17.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio14.20 Forward P/E Ratio11.73 P/E GrowthN/ANet Income$61.76 million Net Margins15.70% Pretax Margin18.39% Return on Equity8.18% Return on Assets0.96% Debt Debt-to-Equity Ratio0.62 Current Ratio0.80 Quick Ratio0.78 Sales & Book Value Annual Sales$303.13 million Price / Sales2.16 Cash Flow$2.29 per share Price / Cash Flow8.24 Book Value$24.46 per share Price / Book0.77Miscellaneous Outstanding Shares34,650,000Free Float34,031,000Market Cap$654.54 million OptionableOptionable Beta0.56 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Brian L. Vance (Age 70)Independent Chairman Comp: $113kMr. Jeffrey J. Deuel (Age 65)President, CEO & Director Comp: $1.22MMr. Donald J. Hinson CPA (Age 63)Executive VP & CFO Comp: $639.65kMr. Bryan D. McDonald (Age 52)Executive Vice President Comp: $760.12kMr. Anthony W. Chalfant (Age 62)Executive VP & Chief Credit Officer Comp: $575.66kMr. Matthew T. Ray (Age 52)Executive VP & Chief Lending Officer of Heritage Bank Comp: $398.72kMr. William K. GlasbyExecutive VP & CTOMs. Sabrina C. RobisonSenior VP & Chief Human Resources OfficerMs. Kaylene M. Lahn (Age 52)Senior VP & Corporate Secretary More ExecutivesKey CompetitorsNB BancorpNASDAQ:NBBKGreene County BancorpNASDAQ:GCBCSouthern Missouri BancorpNASDAQ:SMBCHingham Institution for SavingsNASDAQ:HIFSBerkshire Hills BancorpNYSE:BHLBView All CompetitorsInsiders & InstitutionsJennison Associates LLCBought 753,570 shares on 5/2/2024Ownership: 2.175%BNP Paribas Financial MarketsSold 4,271 shares on 5/1/2024Ownership: 0.116%Mirae Asset Global Investments Co. Ltd.Bought 7,664 shares on 5/1/2024Ownership: 0.079%Principal Financial Group Inc.Bought 18,434 shares on 4/29/2024Ownership: 0.578%Yousif Capital Management LLCSold 1,465 shares on 4/26/2024Ownership: 0.046%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 equities 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 equities 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 equities research analysts have issued 12-month price targets for Heritage Financial's stock. Their HFWA share price targets range from $22.00 to $23.00. On average, they predict the company's stock price to reach $22.25 in the next year. This suggests a possible upside of 17.8% 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 at the start of the year. Since then, HFWA stock has decreased by 11.7% and is now trading at $18.89. View the best growth stocks for 2024 here. Are investors shorting Heritage Financial? Heritage Financial saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 517,900 shares, a decline of 17.1% from the March 15th total of 625,100 shares. Based on an average daily trading volume, of 191,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.5% of the company's stock 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, July 18th 2024. View our HFWA earnings forecast. How were Heritage Financial's earnings last quarter? Heritage Financial Co. (NASDAQ:HFWA) posted its earnings results on Thursday, July, 20th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.01. The financial services provider earned $77.35 million during the quarter, compared to the consensus estimate of $64.90 million. Heritage Financial had a net margin of 15.70% and a trailing twelve-month return on equity of 8.18%. During the same quarter in the prior year, the firm earned $0.52 earnings per share. How often does Heritage Financial pay dividends? What is the dividend yield for Heritage Financial? Heritage Financial announced a quarterly dividend on Wednesday, April 24th. Stockholders of record on Wednesday, May 8th will be paid a dividend of $0.23 per share on Wednesday, May 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend is Tuesday, May 7th. 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 4.88%. 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 69.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HFWA will have a dividend payout ratio of 49.46% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HFWA. 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 number of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (2.17%), Kiley Juergens Wealth Management LLC (0.69%), Assenagon Asset Management S.A. (0.59%), Principal Financial Group Inc. (0.58%), Allspring Global Investments Holdings LLC (0.37%) and BNP Paribas Financial Markets (0.12%). 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 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? 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