Brokers Offer Predictions for HFWA Q3 Earnings

Heritage Financial Corporation (NASDAQ:HFWA) – Equities research analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of Heritage Financial in a research report issued on Friday, July 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings of $0.56 per share for the quarter. The consensus estimate for Heritage Financial’s current full-year earnings is $2.09 per share. DA Davidson also issued estimates for Heritage Financial’s FY2025 earnings at $2.15 EPS.

Heritage Financial (NASDAQ:HFWA) last posted its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.50 by $0.03. Heritage Financial had a net margin of 15.22% and a return on equity of 7.34%. The business had revenue of $56.50 million for the quarter, compared to analysts’ expectations of $63.54 million.

Several other research firms have also issued reports on HFWA. Wall Street Zen lowered shares of Heritage Financial from a “hold” rating to a “sell” rating in a research note on Saturday. Keefe, Bruyette & Woods cut their target price on shares of Heritage Financial from $27.00 to $26.00 and set a “market perform” rating for the company in a research report on Monday, April 28th. Finally, Piper Sandler cut their target price on shares of Heritage Financial from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Monday, April 28th.

Heritage Financial Stock Down 0.6%

HFWA stock opened at $23.36 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. Heritage Financial has a 1 year low of $19.84 and a 1 year high of $27.58. The company has a fifty day simple moving average of $23.93 and a 200 day simple moving average of $23.82. The firm has a market cap of $796.81 million, a PE ratio of 16.34 and a beta of 0.54.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Quantbot Technologies LP bought a new stake in Heritage Financial in the fourth quarter valued at about $166,000. KLP Kapitalforvaltning AS bought a new stake in Heritage Financial in the fourth quarter valued at about $157,000. WINTON GROUP Ltd increased its stake in Heritage Financial by 211.6% in the fourth quarter. WINTON GROUP Ltd now owns 34,361 shares of the financial services provider’s stock valued at $842,000 after acquiring an additional 23,332 shares during the period. JPMorgan Chase & Co. increased its stake in Heritage Financial by 83.3% in the fourth quarter. JPMorgan Chase & Co. now owns 225,948 shares of the financial services provider’s stock valued at $5,536,000 after acquiring an additional 102,665 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Heritage Financial by 12.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 433,296 shares of the financial services provider’s stock valued at $10,616,000 after acquiring an additional 46,769 shares during the period. Institutional investors and hedge funds own 78.30% of the company’s stock.

Heritage Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 6th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date is Wednesday, August 6th. Heritage Financial’s dividend payout ratio is currently 67.13%.

About Heritage Financial

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.