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HFWA Stock Forecast 2026-2027
$24.07
Current Price
$817.34M
Market Cap
Buy 2
Hold 4
Sell 0
Wall St Analyst Ratings
Distance to HFWA Price Targets
+28.8%
To High Target of $31.00
+16.3%
To Median Target of $28.00
+8.0%
To Low Target of $26.00
HFWA Price Momentum
-1.0%
1 Week Change
-5.1%
1 Month Change
+3.5%
1 Year Change
+1.8%
Year-to-Date Change
-10.6%
From 52W High of $26.92
+21.3%
From 52W Low of $19.84
📊 TOP ANALYST CALLS
Did HFWA Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Heritage Financial is one of their latest high-conviction picks.
Latest HFWA Stock Price Targets & Analyst Predictions
Based on our analysis of 7 Wall Street analysts, HFWA has a neutral consensus with a median price target of $28.00 (ranging from $26.00 to $31.00). The overall analyst rating is Buy (7.0/10). Currently trading at $24.07, the median forecast implies a 16.3% upside. This outlook is supported by 2 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Matthew Clark at Piper Sandler, projecting a 28.8% upside. Conversely, the most conservative target is provided by Kelly Motta at Keefe, Bruyette & Woods, suggesting a 8.0% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
HFWA Analyst Ratings
2
Buy
4
Hold
0
Sell
HFWA Price Target Range
Low
$26.00
Average
$28.00
High
$31.00
Current: $24.07
Latest HFWA Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for HFWA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 29, 2025 | DA Davidson | Jeff Rulis | Buy | Maintains | $29.00 |
| Sep 29, 2025 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $28.00 |
| Sep 26, 2025 | DA Davidson | Jeff Rulis | Buy | Maintains | $28.00 |
| Apr 28, 2025 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $26.00 |
| Apr 28, 2025 | Piper Sandler | Matthew Clark | Overweight | Maintains | $31.00 |
| Oct 29, 2024 | Stephens & Co. | Gordon McGuire | Equal-Weight | Maintains | $26.00 |
| Oct 28, 2024 | Piper Sandler | Matthew Clark | Overweight | Maintains | $28.00 |
| Jul 29, 2024 | Piper Sandler | Matthew Clark | Overweight | Maintains | $26.00 |
| Jul 26, 2024 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $23.00 |
| Jun 26, 2024 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $20.00 |
| Mar 13, 2024 | Stephens & Co. | Andrew Terrell | Equal-Weight | Reiterates | $22.00 |
| Jan 26, 2024 | DA Davidson | Jeff Rulis | Buy | Maintains | $23.00 |
| Jan 26, 2024 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $22.00 |
| Jul 28, 2023 | Stephens & Co. | Andrew Terrell | Equal-Weight | Maintains | $20.00 |
| Apr 24, 2023 | Piper Sandler | Casey Orr Whitman | Overweight | Maintains | $25.00 |
| Apr 24, 2023 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Downgrade | $23.00 |
| Apr 6, 2023 | Keefe, Bruyette & Woods | Kelly Motta | Market Perform | Maintains | $31.00 |
| Jun 29, 2022 | DA Davidson | Jeff Rulis | Buy | Upgrade | $29.00 |
| Nov 12, 2019 | DA Davidson | Neutral | Downgrade | $N/A | |
| Jul 26, 2019 | Janney Capital | Neutral | Downgrade | $N/A |
Heritage Financial Corporation (HFWA) Competitors
The following stocks are similar to Heritage Financial based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
HFWA
Heritage Financial
mkt cap
819.38M
Heritage Financial Corporation (HFWA) Financial Data
Heritage Financial Corporation has a market capitalization of $817.34M with a P/E ratio of 14.6x. The company generates $232.88M in trailing twelve-month revenue with a 24.6% profit margin.
Revenue growth is +22.1% quarter-over-quarter, while maintaining an operating margin of +36.6% and return on equity of +6.4%.
Valuation Metrics
Market Cap
$817.34M
Enterprise Value
$734.16M
P/E Ratio
14.6x
PEG Ratio
0.2x
Price/Sales
3.5x
Growth & Margins
Revenue Growth (YoY)
+22.1%
Gross Margin
N/A
Operating Margin
+36.6%
Net Margin
+24.6%
EPS Growth
+67.8%
Financial Health
Cash/Price Ratio
+32.0%
Current Ratio
N/A
Debt/Equity
0.2x
ROE
+6.4%
ROA
+0.8%
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Heritage Financial Corporation (HFWA) Business Model
About Heritage Financial Corporation
What They Do
Provides financial services to businesses and individuals.
Business Model
The company operates as a community bank, generating revenue through traditional banking products such as loans, deposit accounts, and mortgages. By focusing on relationship-driven services, it aims to build long-term customer loyalty and support local economic growth.
Additional Information
Heritage Financial Corp. emphasizes sound banking practices and technological advancements, ensuring stability and earning stakeholder confidence. Its commitment to community investment reflects its goal of balancing profitability with societal contributions.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
749
CEO
Mr. Bryan D. McDonald
Country
United States
IPO Year
1998
Website
www.hf-wa.comHeritage Financial Corporation (HFWA) Latest News & Analysis
Latest News
Quick Summary
Heritage Financial Corporation (Nasdaq: HFWA) plans to release its fourth quarter earnings on January 22, 2026, before the market opens.
Why It Matters
Heritage Financial's upcoming earnings release could impact stock prices and investor sentiment, providing insights into the company's performance and future outlook.
Source: PRNewsWire
Market Sentiment:
Neutral
Heritage Financial Corporation Receives Regulatory Approval to Acquire Olympic Bancorp, Inc.
15 days ago
Quick Summary
Heritage Financial Corporation has received all necessary regulatory approvals to complete its merger with Olympic Bancorp and Kitsap Bank.
Why It Matters
Regulatory approval for Heritage's merger enhances its market position, potentially increasing revenue and market share, which may positively affect stock performance and investor confidence.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Heritage Financial Corporation (Nasdaq: HFWA) has appointed Scott T. to a new position, as announced on December 19, 2025. Further details on the role were not provided.
Why It Matters
Heritage Financial's leadership change may signal a strategic shift, impacting future performance and investor sentiment. Leadership stability can influence stock prices and company direction.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Former Louisiana Attorney General Charles C. Foti, Jr. has been mentioned in a news release dated December 3, 2025, from New York City and New Orleans. Further details are not provided.
Why It Matters
The mention of a former Attorney General could indicate potential legal developments or regulatory changes impacting businesses or industries, influencing investor sentiment and market performance.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Community bank margins have improved due to fixed-rate asset repricing, despite slight funding cost increases. Credit quality remains stable across most regional and community banks.
Why It Matters
Expanding margins and stable credit quality signal healthy performance for community banks, suggesting potential for growth and profitability, which can positively influence investor sentiment.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
The S&P 600 Small/MidCap index features strong dividend opportunities, with 33 of 53 stocks meeting safety criteria. Top dividend stocks may yield 24%-93% gains by November 2026, though some have negative free cash flow.
Why It Matters
The S&P 600 index highlights high-yield dividend stocks with strong return potential, but caution is advised due to some companies' negative free cash flow, which could impact sustainability.
Source: Seeking Alpha
Market Sentiment:
Positive
Frequently Asked Questions About HFWA Stock
What is Heritage Financial Corporation's (HFWA) stock forecast for 2026?
Based on our analysis of 7 Wall Street analysts, Heritage Financial Corporation (HFWA) has a median price target of $28.00. The highest price target is $31.00 and the lowest is $26.00.
Is HFWA stock a good investment in 2026?
According to current analyst ratings, HFWA has 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.07. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for HFWA stock?
Wall Street analysts predict HFWA stock could reach $28.00 in the next 12 months. This represents a 16.3% increase from the current price of $24.07. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Heritage Financial Corporation's business model?
The company operates as a community bank, generating revenue through traditional banking products such as loans, deposit accounts, and mortgages. By focusing on relationship-driven services, it aims to build long-term customer loyalty and support local economic growth.
What is the highest forecasted price for HFWA Heritage Financial Corporation?
The highest price target for HFWA is $31.00 from Matthew Clark at Piper Sandler, which represents a 28.8% increase from the current price of $24.07.
What is the lowest forecasted price for HFWA Heritage Financial Corporation?
The lowest price target for HFWA is $26.00 from Kelly Motta at Keefe, Bruyette & Woods, which represents a 8.0% increase from the current price of $24.07.
What is the overall HFWA consensus from analysts for Heritage Financial Corporation?
The overall analyst consensus for HFWA is neutral. Out of 7 Wall Street analysts, 2 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $28.00.
How accurate are HFWA stock price projections?
Stock price projections, including those for Heritage Financial Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: January 13, 2026 4:00 PM UTC