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HFWA Stock Chart & Stats
$29.80
$0.09(0.30%)
At close: 4:00 PM EDT
$29.80
$0.09(0.30%)
Day’s Range― - ―
52-Week Range$21.32 - $31.25
Previous Close$29.89
Volume390.07K
Average Volume (3M)200.76K
Market Cap
$1.23B
Enterprise Value$1.32K
Total Cash (Recent Filing)$102.56M
Total Debt (Recent Filing)$188.75M
Price to Earnings (P/E)14.0
Beta0.72
Next Earnings
Oct 15, 2026EPS Estimate
0.49Next Dividend Ex-DateN/A
Dividend Yield3.26%
Share Statistics
EPS (TTM)2.12
Shares Outstanding40,915,558
10 Day Avg. Volume243,114
30 Day Avg. Volume200,762
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)0.87
Price to Sales (P/S)2.39
P/FCF Ratio9.38
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$32.67Price Target Upside9.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.09
Revenue Forecast (FY)$341.40M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent, high free cash flow (~$84M TTM, ~93% of net income) indicates durable earnings quality and internal funding ability. This supports dividends, buybacks, and organic loan growth while providing a buffer for cyclical credit or margin stress without immediate reliance on external capital.
Improving NIMA rising net interest margin (3.99%) driven by higher investment yields and loan repricing reflects durable asset-yield improvement. As the loan pipeline converts at higher new-loan rates, margin expansion can sustainably boost core earnings power versus transient trading or one-off items.
Commercial Loan ProductionRobust commercial originations and a large $628M pipeline demonstrate strong franchise access to business lending. Persistent production supports longer-term loan balance growth, higher interest income potential as yields reprice, and diversification away from more volatile retail or wholesale channels.
Bears Say
Top-line WeaknessA declining TTM revenue trend (-5%) and notable operating margin compression indicate weakening top-line momentum and reduced operating leverage. If sustained, this can constrain profitability, limit reinvestment capacity, and make achieving prior ROE levels harder absent structural revenue recovery or material cost saves.
Deposit VolatilityQuarterly deposit outflows and elevated FHLB usage reveal funding instability and episodic reliance on wholesale liquidity. Persistent deposit volatility raises funding-cost risk, can force higher-priced funding, and may compress margins unless core deposit retention stabilizes over coming quarters.
Merger Integration CostsElevated, front-loaded merger-related expenses and a near-term systems conversion increase noninterest expense and execution risk. Integration timing and one-time costs can depress efficiency for quarters, delay expected cost synergies, and create uncertainty around when margins normalize to pre-transaction levels.
Heritage Financial News
HFWA FAQ
What was Heritage Financial Corp.’s price range in the past 12 months?
Heritage Financial Corp. lowest stock price was $21.32 and its highest was $31.25 in the past 12 months.
What is Heritage Financial Corp.’s market cap?
Heritage Financial Corp.’s market cap is $1.23B.
When is Heritage Financial Corp.’s upcoming earnings report date?
Heritage Financial Corp.’s upcoming earnings report date is Oct 15, 2026 which is in 61 days.
How were Heritage Financial Corp.’s earnings last quarter?
Heritage Financial Corp. released its earnings results on Jul 23, 2026. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.445 by -$0.025.
Is Heritage Financial Corp. overvalued?
According to Wall Street analysts Heritage Financial Corp.’s price is currently Undervalued.
Does Heritage Financial Corp. pay dividends?
Heritage Financial Corp. pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 3.26%. See more information on Heritage Financial Corp. dividends here
What is Heritage Financial Corp.’s EPS estimate?
Heritage Financial Corp.’s EPS estimate is 0.49.
How many shares outstanding does Heritage Financial Corp. have?
Heritage Financial Corp. has 40,915,558 shares outstanding.
What happened to Heritage Financial Corp.’s price movement after its last earnings report?
Heritage Financial Corp. reported an EPS of $0.42 in its last earnings report, missing expectations of $0.445. Following the earnings report the stock price went up 0.364%.
Which hedge fund is a major shareholder of Heritage Financial Corp.?
Currently, no hedge funds are holding shares in HFWA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Heritage Financial Stock Smart Score
Neutral
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$32.67 (9.62% Upside)
$32.67 (9.62% Upside)
Blogger Sentiment
Neutral
HFWA Sentiment 100%
Sector Average 54%
Sector Average 54%
Hedge Fund Trend
Increased
By 34.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $729.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.79%
12-Months-Change
Fundamentals
Return on Equity
3.26%
Trailing 12-Months
Asset Growth
19.23%
Trailing 12-Months
Company Description
Heritage Financial Corp.
Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.
HFWA Company Deck
HFWA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call conveyed a constructive outlook: underlying earnings power and credit quality are strong (improving NIM, robust loan production, low losses, and healthy capital), while near-term headwinds are manageable and largely related to merger integration, seasonality-driven deposit outflows, and competitive deposit pricing. Management provided clear expense and capital actions (buybacks, reinvestments) and expects margin upside from loan repricing and pipeline conversion even as deposit costs may rise modestly.View all HFWA earnings summariesHFWA Stock 12 Month Forecast
Average Price Target
$32.67
▲(9.62% Upside)
Technical Analysis
Capitol Federal Financial
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Ownership Overview
1.24% Insiders
25.52% Mutual Funds
17.39% Other Institutional Investors
30.30% Public Companies and
Individual Investors