Heritage Financial (HFWA) Projected to Post Quarterly Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) is projected to release its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Heritage Financial to announce earnings of $0.4450 per share and revenue of $86.3010 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 12:00 PM ET.

Heritage Financial (NASDAQ:HFWA) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.02. Heritage Financial had a return on equity of 8.71% and a net margin of 20.50%.The company had revenue of $77.92 million during the quarter, compared to the consensus estimate of $80.31 million. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Heritage Financial Stock Up 1.9%

Shares of NASDAQ HFWA opened at $30.18 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.81 and a current ratio of 0.81. Heritage Financial has a 1 year low of $21.32 and a 1 year high of $30.58. The stock’s 50-day simple moving average is $28.15 and its 200-day simple moving average is $26.88. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 14.79 and a beta of 0.49.

Heritage Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, May 6th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, May 6th. Heritage Financial’s dividend payout ratio (DPR) is 47.06%.

Insider Activity

In other news, CFO Donald Hinson sold 3,842 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $28.37, for a total transaction of $108,997.54. Following the completion of the transaction, the chief financial officer owned 41,241 shares in the company, valued at approximately $1,170,007.17. This represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.49% of the company’s stock.

Hedge Funds Weigh In On Heritage Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HFWA. Tudor Investment Corp ET AL bought a new position in shares of Heritage Financial in the fourth quarter worth $325,000. Atom Investors LP acquired a new position in shares of Heritage Financial in the 4th quarter worth approximately $309,000. Millennium Management LLC increased its holdings in shares of Heritage Financial by 7.2% in the third quarter. Millennium Management LLC now owns 15,700 shares of the financial services provider’s stock valued at $380,000 after buying an additional 1,052 shares in the last quarter. Sei Investments Co. raised its position in shares of Heritage Financial by 19.5% during the third quarter. Sei Investments Co. now owns 16,447 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 2,689 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in Heritage Financial during the 2nd quarter worth about $441,000. 78.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen upgraded Heritage Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Heritage Financial in a research note on Tuesday, July 7th. Zacks Research raised shares of Heritage Financial from a “strong sell” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Piper Sandler lowered their price objective on Heritage Financial from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Monday, April 27th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.50.

Heritage Financial Company Profile

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company’s lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.