Heritage Financial (HFWA) Expected to Announce Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) is expected to release its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect Heritage Financial to post earnings of $0.56 per share and revenue of $65.2540 million for the quarter. Individuals may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 1:00 PM ET.

Heritage Financial (NASDAQ:HFWA) last posted its earnings results on Thursday, July 24th. The financial services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03. The business had revenue of $56.50 million for the quarter, compared to analyst estimates of $63.54 million. Heritage Financial had a net margin of 15.22% and a return on equity of 7.34%. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Heritage Financial Trading Up 1.6%

Shares of Heritage Financial stock opened at $22.87 on Wednesday. Heritage Financial has a 12-month low of $19.84 and a 12-month high of $27.58. The stock has a market capitalization of $776.44 million, a P/E ratio of 15.99 and a beta of 0.53. The company has a 50-day simple moving average of $24.06 and a 200 day simple moving average of $23.59. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.32.

Wall Street Analysts Forecast Growth

HFWA has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Heritage Financial from $26.00 to $28.00 and gave the company a “market perform” rating in a research note on Monday, September 29th. Wall Street Zen cut Heritage Financial from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Heritage Financial in a research note on Wednesday, October 8th. DA Davidson set a $29.00 target price on Heritage Financial in a report on Monday, September 29th. Finally, Zacks Research upgraded Heritage Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.50.

Institutional Investors Weigh In On Heritage Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in shares of Heritage Financial by 27,871.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,958 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 1,951 shares during the period. Tower Research Capital LLC TRC lifted its position in Heritage Financial by 99.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,875 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 1,431 shares during the period. Quantinno Capital Management LP bought a new position in shares of Heritage Financial in the 2nd quarter valued at about $441,000. Gabelli Funds LLC bought a new position in shares of Heritage Financial in the 2nd quarter valued at about $446,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Heritage Financial by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,060 shares of the financial services provider’s stock worth $488,000 after buying an additional 881 shares during the period. 78.30% of the stock is owned by institutional investors and hedge funds.

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.