Heritage Financial (HFWA) to Release Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect Heritage Financial to post earnings of $0.51 per share and revenue of $63.54 million for the quarter.

Heritage Financial (NASDAQ:HFWA) last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.46 by $0.03. Heritage Financial had a net margin of 15.73% and a return on equity of 7.12%. The firm had revenue of $57.59 million during the quarter, compared to the consensus estimate of $61.74 million. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Heritage Financial Stock Up 1.2%

Shares of NASDAQ:HFWA opened at $25.13 on Thursday. The firm has a fifty day moving average price of $23.86 and a two-hundred day moving average price of $23.81. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.84 and a quick ratio of 0.84. Heritage Financial has a one year low of $19.84 and a one year high of $27.58. The company has a market cap of $857.08 million, a price-to-earnings ratio of 16.98 and a beta of 0.54.

Heritage Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend was Wednesday, May 7th. Heritage Financial’s payout ratio is 64.86%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HFWA shares. Piper Sandler lowered their price objective on shares of Heritage Financial from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Keefe, Bruyette & Woods lowered their price objective on shares of Heritage Financial from $27.00 to $26.00 and set a “market perform” rating on the stock in a research report on Monday, April 28th.

Institutional Trading of Heritage Financial

Several institutional investors and hedge funds have recently made changes to their positions in HFWA. Jane Street Group LLC raised its position in shares of Heritage Financial by 437.3% during the 1st quarter. Jane Street Group LLC now owns 107,482 shares of the financial services provider’s stock valued at $2,615,000 after buying an additional 87,479 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Heritage Financial by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,130 shares of the financial services provider’s stock worth $1,901,000 after purchasing an additional 5,417 shares during the period. Empowered Funds LLC raised its position in Heritage Financial by 4.2% in the 1st quarter. Empowered Funds LLC now owns 123,798 shares of the financial services provider’s stock worth $3,012,000 after purchasing an additional 4,947 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Heritage Financial by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,060 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 881 shares during the period. Hedge funds and other institutional investors own 78.30% of the company’s stock.

Heritage Financial Company Profile

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.