Heritage Financial (NASDAQ:HFWA) is scheduled to post its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect Heritage Financial to post earnings of $0.33 per share for the quarter.

Heritage Financial (NASDAQ:HFWA) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.35 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Heritage Financial had a return on equity of 8.42% and a net margin of 23.48%. The business had revenue of $43.39 million during the quarter, compared to analysts’ expectations of $42.85 million. On average, analysts expect Heritage Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Heritage Financial (NASDAQ HFWA) opened at $31.85 on Thursday. Heritage Financial has a 52-week low of $22.50 and a 52-week high of $33.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $945.76, a PE ratio of 22.91, a P/E/G ratio of 1.86 and a beta of 0.47.

In other news, Director Brian L. Vance sold 5,636 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $30.76, for a total value of $173,363.36. Following the completion of the sale, the director now owns 142,011 shares of the company’s stock, valued at approximately $4,368,258.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John A. Clees sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $30.01, for a total value of $30,010.00. Following the completion of the sale, the director now directly owns 47,042 shares of the company’s stock, valued at approximately $1,411,730.42. The disclosure for this sale can be found here. Insiders sold a total of 21,636 shares of company stock valued at $667,583 over the last quarter. Company insiders own 2.70% of the company’s stock.

A number of equities analysts have recently issued reports on the company. Piper Jaffray Companies reiterated a “hold” rating and issued a $33.00 price objective on shares of Heritage Financial in a report on Tuesday, January 9th. ValuEngine upgraded Heritage Financial from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BidaskClub cut Heritage Financial from a “buy” rating to a “hold” rating in a report on Friday, December 29th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $33.00 price objective on shares of Heritage Financial in a report on Friday, December 22nd. Finally, FIG Partners upgraded Heritage Financial from a “market-perform” rating to an “outperform” rating in a report on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $34.25.

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About Heritage Financial

Heritage Financial Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its bank subsidiary, Heritage Bank (the Bank). The Bank’s lending activities focus on commercial business lending. The Bank also originates consumer loans, real estate construction and land development loans, and one- to four-family residential loans.

Earnings History for Heritage Financial (NASDAQ:HFWA)

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