Heritage Financial (NASDAQ:HFWA – Get Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.09), Zacks reports. Heritage Financial had a return on equity of 7.95% and a net margin of 14.59%. The firm had revenue of $81.65 million during the quarter, compared to analysts’ expectations of $58.17 million. During the same period in the previous year, the company posted $0.51 earnings per share.
Heritage Financial Stock Down 0.1 %
HFWA stock opened at $22.34 on Friday. The business has a 50 day moving average of $21.94 and a 200 day moving average of $19.96. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.61. The firm has a market cap of $770.73 million, a PE ratio of 17.73 and a beta of 0.53. Heritage Financial has a twelve month low of $15.94 and a twelve month high of $23.82.
Heritage Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Wednesday, November 6th. Heritage Financial’s dividend payout ratio is presently 73.02%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on HFWA
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.
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