Heritage Financial (HFWA) Stock Forecast, Price Target & Predictions
HFWA Stock Forecast
Heritage Financial stock forecast is as follows: an average price target of $26.00 (represents a 2.00% upside from HFWA’s last price of $25.49) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
HFWA Price Target
The average price target for Heritage Financial (HFWA) is $26.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $26.00. This represents a potential 2.00% upside from HFWA's last price of $25.49.
HFWA Analyst Ratings
According to 3 Wall Street analysts, Heritage Financial's rating consensus is 'Hold'. The analyst rating breakdown for HFWA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Heritage Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Gordon McGuire | Stephens | $26.00 | $22.97 | 13.19% | 2.00% |
The latest Heritage Financial stock forecast, released on Oct 29, 2024 by Gordon McGuire from Stephens, set a price target of $26.00, which represents a 13.19% increase from the stock price at the time of the forecast ($22.97), and a 2.00% increase from HFWA last price ($25.49).
Heritage Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $26.00 | $26.00 | $26.00 |
| Last Closing Price | $25.49 | $25.49 | $25.49 |
| Upside/Downside | 2.00% | 2.00% | 2.00% |
In the current month, the average price target of Heritage Financial stock is $26.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 2.00% increase as opposed to Heritage Financial's last price of $25.49. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Oct 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 26, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 25, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Heritage Financial's last stock rating was published by Stephens on Oct 29, 2024. The company gave HFWA a "Equal-Weight" rating, the same as its previous rate.
Heritage Financial Financial Forecast
Heritage Financial Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $71.11M | $61.89M | $63.10M | $68.10M | $69.69M | $66.74M | $57.06M | $55.48M | $57.75M | $59.61M | $62.56M | $60.49M | $63.74M | $57.89M | $58.56M | $58.04M | $58.13M | $58.70M |
| Avg Forecast | $67.90M | $67.20M | $65.40M | $63.90M | $65.17M | $63.90M | $62.11M | $60.59M | $60.69M | $58.11M | $58.29M | $59.89M | $62.04M | $62.49M | $64.99M | $68.61M | $69.09M | $61.81M | $56.88M | $53.32M | $56.55M | $60.66M | $60.55M | $61.44M | $58.66M | $61.13M | $57.89M | $55.84M | $58.34M | $59.03M |
| High Forecast | $69.02M | $68.31M | $66.48M | $64.96M | $66.25M | $64.96M | $63.13M | $62.02M | $61.77M | $58.11M | $58.29M | $60.88M | $62.64M | $63.53M | $66.06M | $69.75M | $70.23M | $61.81M | $56.88M | $53.32M | $56.55M | $60.66M | $60.55M | $61.44M | $58.66M | $61.13M | $57.89M | $55.84M | $58.34M | $59.03M |
| Low Forecast | $66.26M | $65.58M | $63.82M | $62.36M | $63.60M | $62.35M | $60.61M | $58.56M | $58.73M | $58.11M | $58.29M | $58.44M | $61.74M | $60.98M | $63.42M | $66.96M | $67.42M | $61.81M | $56.88M | $53.32M | $56.55M | $60.66M | $60.55M | $61.44M | $58.66M | $61.13M | $57.89M | $55.84M | $58.34M | $59.03M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 0.99% | 0.97% | 0.99% | 1.01% | 1.08% | 1.00% | 1.04% | 1.02% | 0.98% | 1.03% | 0.98% | 1.09% | 0.95% | 1.01% | 1.04% | 1.00% | 0.99% |
Heritage Financial's average Quarter revenue forecast for Mar 24 based on 2 analysts is $59.89M, with a low forecast of $58.44M, and a high forecast of $60.88M. HFWA's average Quarter revenue forecast represents a -15.78% decrease compared to the company's last Quarter revenue of $71.11M (Dec 23).
Heritage Financial EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $593.00K | $22.39M | $34.74M | $32.12M | $32.44M | $29.18M | $24.87M | $24.12M | $23.38M | $23.56M | $35.59M | $26.40M | $-557.00K | $46.65M | $-39.00K | $20.36M | $28.32M | $29.10M |
| Avg Forecast | $16.36M | $16.19M | $15.76M | $15.40M | $15.71M | $15.40M | $14.97M | $14.60M | $14.63M | $14.00M | $14.05M | $16.90M | $14.95M | $15.06M | $15.66M | $15.36M | $20.68M | $18.46M | $16.99M | $13.96M | $16.89M | $18.12M | $18.09M | $17.26M | $17.52M | $18.26M | $17.29M | $19.73M | $17.43M | $17.63M |
| High Forecast | $16.63M | $16.46M | $16.02M | $15.65M | $15.97M | $15.65M | $15.22M | $14.95M | $14.89M | $14.01M | $14.05M | $20.28M | $15.09M | $15.31M | $15.92M | $18.43M | $24.82M | $18.46M | $16.99M | $16.76M | $16.89M | $18.12M | $18.09M | $20.71M | $17.52M | $18.26M | $17.29M | $23.67M | $17.43M | $17.63M |
| Low Forecast | $15.97M | $15.80M | $15.38M | $15.03M | $15.33M | $15.03M | $14.61M | $14.11M | $14.15M | $14.00M | $14.05M | $13.52M | $14.88M | $14.70M | $15.28M | $12.29M | $16.55M | $18.46M | $16.99M | $11.17M | $16.89M | $18.12M | $18.09M | $13.81M | $17.52M | $18.26M | $17.29M | $15.78M | $17.43M | $17.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 1.49% | 2.22% | 2.09% | 1.57% | 1.58% | 1.46% | 1.73% | 1.38% | 1.30% | 1.97% | 1.53% | -0.03% | 2.55% | -0.00% | 1.03% | 1.63% | 1.65% |
2 analysts predict HFWA's average Quarter EBITDA for Mar 24 to be $16.90M, with a high of $20.28M and a low of $13.52M. This is 2749.48% upper than Heritage Financial's previous annual EBITDA (Dec 23) of $593.00K.
Heritage Financial Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $6.23M | $18.22M | $16.85M | $20.46M | $22.54M | $20.99M | $18.58M | $19.76M | $19.40M | $20.59M | $32.70M | $25.34M | $23.88M | $16.64M | $-6.14M | $12.19M | $17.13M | $17.89M |
| Avg Forecast | $20.10M | $19.64M | $18.37M | $16.98M | $17.91M | $17.16M | $16.06M | $14.85M | $15.71M | $14.15M | $13.86M | $13.84M | $15.71M | $15.02M | $16.58M | $12.58M | $17.16M | $17.87M | $15.77M | $11.44M | $15.95M | $18.44M | $17.81M | $16.57M | $16.06M | $13.13M | $6.05M | $11.81M | $16.00M | $16.31M |
| High Forecast | $20.53M | $20.06M | $18.76M | $17.35M | $18.29M | $17.53M | $16.40M | $15.55M | $16.05M | $14.16M | $14.16M | $16.61M | $16.05M | $15.34M | $16.93M | $15.10M | $20.59M | $17.87M | $15.77M | $13.73M | $15.95M | $18.44M | $17.81M | $19.89M | $16.06M | $13.13M | $6.05M | $14.17M | $16.00M | $16.31M |
| Low Forecast | $19.47M | $19.02M | $17.79M | $16.45M | $17.35M | $16.62M | $15.55M | $14.49M | $15.03M | $14.15M | $13.43M | $11.07M | $15.04M | $14.55M | $16.06M | $10.07M | $13.73M | $17.87M | $15.77M | $9.15M | $15.95M | $18.44M | $17.81M | $13.26M | $16.06M | $13.13M | $6.05M | $9.45M | $16.00M | $16.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 1.21% | 1.02% | 1.63% | 1.31% | 1.17% | 1.18% | 1.73% | 1.22% | 1.12% | 1.84% | 1.53% | 1.49% | 1.27% | -1.01% | 1.03% | 1.07% | 1.10% |
Heritage Financial's average Quarter net income forecast for Mar 24 is $13.84M, with a range of $11.07M to $16.61M. HFWA's average Quarter net income forecast represents a 122.05% increase compared to the company's last Quarter net income of $6.23M (Dec 23).
Heritage Financial SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.21M | $26.02M | $26.79M | $26.02M | $29.25M | $26.73M | $26.18M | $29.18M | $27.53M | $27.32M | $27.53M | $26.09M | $25.38M | $25.18M | $25.73M | $24.77M | $24.89M |
| Avg Forecast | $27.88M | $27.59M | $26.85M | $26.24M | $26.76M | $26.24M | $25.50M | $24.88M | $24.92M | $23.86M | $23.93M | $18.34M | $25.47M | $25.66M | $26.68M | $16.67M | $25.82M | $24.24M | $22.30M | $15.16M | $22.18M | $23.79M | $23.74M | $18.00M | $23.00M | $23.97M | $22.70M | $24.93M | $22.88M | $23.15M |
| High Forecast | $28.34M | $28.05M | $27.30M | $26.67M | $27.20M | $26.67M | $25.92M | $25.46M | $25.36M | $23.86M | $23.93M | $22.01M | $25.72M | $26.08M | $27.12M | $20.01M | $30.98M | $24.24M | $22.30M | $18.19M | $22.18M | $23.79M | $23.74M | $21.60M | $23.00M | $23.97M | $22.70M | $29.91M | $22.88M | $23.15M |
| Low Forecast | $27.21M | $26.93M | $26.20M | $25.60M | $26.11M | $25.60M | $24.88M | $24.04M | $24.11M | $23.86M | $23.93M | $14.67M | $25.35M | $25.04M | $26.04M | $13.34M | $20.65M | $24.24M | $22.30M | $12.13M | $22.18M | $23.79M | $23.74M | $14.40M | $23.00M | $23.97M | $22.70M | $19.94M | $22.88M | $23.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.98% | 1.61% | 1.01% | 1.21% | 1.20% | 1.73% | 1.32% | 1.16% | 1.15% | 1.53% | 1.13% | 1.06% | 1.11% | 1.03% | 1.08% | 1.08% |
Heritage Financial's average Quarter SG&A projection for Dec 23 is $25.47M, based on 4 Wall Street analysts, with a range of $25.35M to $25.72M. The forecast indicates a -2.84% fall compared to HFWA last annual SG&A of $26.21M (Sep 23).
Heritage Financial EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.18 | $0.52 | $0.48 | $0.58 | $0.64 | $0.60 | $0.53 | $0.56 | $0.55 | $0.58 | $0.91 | $0.70 | $0.66 | $0.46 | $-0.17 | $0.34 | $0.47 | $0.49 |
| Avg Forecast | $0.58 | $0.57 | $0.53 | $0.49 | $0.52 | $0.49 | $0.46 | $0.43 | $0.45 | $0.41 | $0.40 | $0.40 | $0.45 | $0.43 | $0.48 | $0.59 | $0.64 | $0.51 | $0.45 | $0.38 | $0.46 | $0.53 | $0.51 | $0.52 | $0.46 | $0.38 | $0.17 | $0.32 | $0.46 | $0.47 |
| High Forecast | $0.59 | $0.58 | $0.54 | $0.50 | $0.53 | $0.51 | $0.47 | $0.45 | $0.46 | $0.41 | $0.41 | $0.40 | $0.46 | $0.44 | $0.49 | $0.61 | $0.65 | $0.51 | $0.45 | $0.38 | $0.46 | $0.53 | $0.51 | $0.52 | $0.46 | $0.38 | $0.17 | $0.32 | $0.46 | $0.47 |
| Low Forecast | $0.56 | $0.55 | $0.51 | $0.47 | $0.50 | $0.48 | $0.45 | $0.42 | $0.43 | $0.41 | $0.39 | $0.40 | $0.43 | $0.42 | $0.46 | $0.58 | $0.62 | $0.51 | $0.45 | $0.38 | $0.46 | $0.53 | $0.51 | $0.52 | $0.46 | $0.38 | $0.17 | $0.32 | $0.46 | $0.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 1.20% | 1.00% | 0.97% | 1.01% | 1.17% | 1.17% | 1.49% | 1.20% | 1.10% | 1.78% | 1.35% | 1.43% | 1.22% | -0.98% | 1.08% | 1.03% | 1.05% |
According to 2 Wall Street analysts, Heritage Financial's projected average Quarter EPS for Mar 24 is $0.40, with a low estimate of $0.40 and a high estimate of $0.40. This represents a 121.29% increase compared to HFWA previous annual EPS of $0.18 (Dec 23).
Heritage Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $10.52 | $12.50 | 18.82% | Buy |
| HBNC | Horizon Bancorp | $18.07 | $20.50 | 13.45% | Buy |
| INDB | Independent Bank | $70.81 | $78.75 | 11.21% | Strong Buy |
| HFWA | Heritage Financial | $25.49 | $26.00 | 2.00% | Hold |
| GSBC | Great Southern Bancorp | $61.79 | $62.00 | 0.34% | Hold |
| HTLF | Heartland Financial USA | $64.80 | $60.00 | -7.41% | Hold |