What is DA Davidson’s Forecast for HFWA Q2 Earnings?

Heritage Financial Co. (NASDAQ:HFWA) – Analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of Heritage Financial in a research note issued on Friday, April 25th. DA Davidson analyst J. Rulis expects that the financial services provider will earn $0.52 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 FY2026 earnings at $2.35 EPS.

Separately, StockNews.com upgraded Heritage Financial from a “sell” rating to a “hold” rating in a research note on Monday, January 27th.

Heritage Financial Price Performance

Heritage Financial stock opened at $22.60 on Monday. The business has a 50 day simple moving average of $23.27 and a 200 day simple moving average of $24.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.84 and a quick ratio of 0.82. The company has a market capitalization of $768.20 million, a PE ratio of 18.23 and a beta of 0.47. Heritage Financial has a one year low of $16.55 and a one year high of $27.58.

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, topping analysts’ consensus estimates of $0.46 by $0.03. Heritage Financial had a net margin of 13.64% and a return on equity of 7.17%. The firm had revenue of $57.59 million during the quarter, compared to analysts’ expectations of $61.74 million.

Institutional Trading of Heritage Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jennison Associates LLC boosted its stake in shares of Heritage Financial by 26.7% in the 4th quarter. Jennison Associates LLC now owns 2,206,766 shares of the financial services provider’s stock valued at $54,066,000 after purchasing an additional 465,708 shares during the last quarter. Invesco Ltd. boosted its stake in Heritage Financial by 112.5% in the fourth quarter. Invesco Ltd. now owns 369,429 shares of the financial services provider’s stock valued at $9,051,000 after acquiring an additional 195,541 shares during the last quarter. Deprince Race & Zollo Inc. acquired a new stake in Heritage Financial during the 4th quarter worth $3,755,000. Russell Investments Group Ltd. raised its position in shares of Heritage Financial by 357.0% during the 4th quarter. Russell Investments Group Ltd. now owns 143,913 shares of the financial services provider’s stock valued at $3,526,000 after acquiring an additional 112,419 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Heritage Financial by 83.3% during the 4th 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 last quarter. 78.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Donald Hinson sold 3,420 shares of Heritage Financial stock in a transaction on Monday, March 17th. The stock was sold at an average price of $23.59, for a total value of $80,677.80. Following the completion of the sale, the chief financial officer now directly owns 42,087 shares of the company’s stock, valued at approximately $992,832.33. This trade represents a 7.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey J. Deuel sold 7,033 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $23.66, for a total value of $166,400.78. Following the sale, the chief executive officer now owns 70,906 shares of the company’s stock, valued at approximately $1,677,635.96. The trade was a 9.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,311 shares of company stock worth $267,473 in the last three months. Insiders own 1.80% of the company’s stock.

Heritage Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.25%. The ex-dividend date is Wednesday, May 7th. Heritage Financial’s payout ratio is currently 77.42%.

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.