Heritage Financial Stock Today
| HFWA Stock | USD 25.58 0.10 0.39% |
Performance6 of 100
| Odds Of DistressLess than 3
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Heritage Financial is trading at 25.58 as of the 30th of January 2025, a 0.39% increase since the beginning of the trading day. The stock's open price was 25.48. Heritage Financial has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
Business Domain Banks | IPO Date 7th of May 1998 | Category Financial Services | Classification Financials |
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. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington. The company has 33.99 M outstanding shares of which 648.97 K shares are currently shorted by private and institutional investors with about 2.4 trading days to cover. More on Heritage Financial
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Heritage Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Brian Vance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsHeritage Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Heritage Financial's financial leverage. It provides some insight into what part of Heritage Financial's total assets is financed by creditors.
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Heritage Financial (HFWA) is traded on NASDAQ Exchange in USA. It is located in 201 Fifth Avenue SW, Olympia, WA, United States, 98501 and employs 749 people. Heritage Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 866.09 M. Heritage Financial conducts business under Banks sector and is part of Financials industry. The entity has 33.99 M outstanding shares of which 648.97 K shares are currently shorted by private and institutional investors with about 2.4 trading days to cover.
Heritage Financial currently holds about 407.32 M in cash with 109.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.6.
Check Heritage Financial Probability Of Bankruptcy
Ownership AllocationHeritage Financial has a total of 33.99 Million outstanding shares. The majority of Heritage Financial outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Heritage Financial to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Heritage Financial. Please pay attention to any change in the institutional holdings of Heritage Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Heritage Ownership Details
Heritage Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2024-09-30 | 445.1 K | |
| Northern Trust Corp | 2024-09-30 | 427.5 K | |
| Arrowstreet Capital Limited Partnership | 2024-09-30 | 386.5 K | |
| Manufacturers Life Insurance Co | 2024-09-30 | 335.3 K | |
| Proshare Advisors Llc | 2024-09-30 | 327.7 K | |
| Lord, Abbett & Co Llc | 2024-09-30 | 320.3 K | |
| Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 311.1 K | |
| Renaissance Technologies Corp | 2024-09-30 | 296 K | |
| American Century Companies Inc | 2024-09-30 | 292.9 K | |
| Blackrock Inc | 2024-09-30 | 5 M | |
| Vanguard Group Inc | 2024-09-30 | 2.5 M |
Heritage Financial Historical Income Statement
Heritage Stock Against Markets
Heritage Financial Corporate Management
| Bryan McDonald | Chief Lending Officer and Executive VP | Profile | |
| Anthony Chalfant | Executive Officer | Profile | |
| Kaylene Lahn | Senior Secretary | Profile | |
| Cindy Hirman | Executive Bank | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Financial. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Earnings Share 1.24 | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets |
The market value of Heritage Financial is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Financial's market value can be influenced by many factors that don't directly affect Heritage Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.