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HFWAHFWAFinancial Services · Banks - Regional

HFWA Stock Forecast: Heritage Financial Corp. (Washington) Price Predictions for 2026-2027

Last close, 8 Oct 2026
$28
+1.21% on the day

The 6 Wall Street analysts covering Heritage Financial Corp. (Washington) hold a median 12-month price target of $32 — +16.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 42 of 100 as at 8 Oct 2026 — in the lower half.

Market cap
$1.1B
Ticker Nerd rank
42 / 100
Median analyst target
$32
Analysts covering
6
Revenue$84.1M+48.9% y/y
Net income$17.5M
Free cash flow$21.1M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.1%
1M
−4.6%
YTD
+19.6%
1Y
+19.7%
From 52W high
−11.0%
From 52W low
+31.7%
$21
$31
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HFWA stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Heritage Financial Corp. (Washington) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
42 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
93
Momentum
71
Issuance
56
Revisions
51
Volatility
43
Size
42
Quality
34
Value
31
Accruals
15

Growth (93): Sales and profits are climbing, and climbing faster than before.

Accruals (15): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HFWA stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HFWA, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$25$30$35Jan 26Apr 26Jul 26Oct 26HFWAHigh $34Median $32Low $31

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
3 Buy3 Hold0 Sell
Low $31Median $32High $34

The green dot is the last close — the median target sits +16.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
28 July 2026Stephens & Co.MaintainsEqual-Weight$30 → $32
27 July 2026Keefe, Bruyette & WoodsMaintainsMarket Perform$31 → $32
25 July 2026DA DavidsonMaintainsBuy—
24 July 2026DA DavidsonMaintainsBuy$32 → $34
27 Apr 2026Piper SandlerMaintainsOverweight$34 → $32
27 Apr 2026Piper SandlerMaintainsOverweight—
2 Apr 2026Piper SandlerMaintainsOverweight—
5 Feb 2026Piper SandlerMaintainsOverweight—
26 Jan 2026Stephens & Co.MaintainsEqual-Weight—
23 Jan 2026DA DavidsonMaintainsBuy—
29 Sept 2025DA DavidsonMaintainsBuy—
29 Sept 2025Keefe, Bruyette & WoodsMaintainsMarket Perform—
26 Sept 2025DA DavidsonMaintainsBuy—
28 Apr 2025Keefe, Bruyette & WoodsMaintainsMarket Perform—
28 Apr 2025Piper SandlerMaintainsOverweight—
29 Oct 2024Stephens & Co.MaintainsEqual-Weight—
28 Oct 2024Piper SandlerMaintainsOverweight—
29 July 2024Piper SandlerMaintainsOverweight—
26 July 2024Keefe, Bruyette & WoodsMaintainsMarket Perform—
26 June 2024Keefe, Bruyette & WoodsMaintainsMarket Perform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HFWA appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

HFWA vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, Heritage Financial Corp. (Washington) returned +19.7% against +16.2% for the S&P 500, dividends included.

HFWA vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130Jan 26Apr 26Jul 26Oct 26HFWAS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

HFWA analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−2.1%
Analysts raising
1
Analysts cutting
5
Fundamentals

Heritage Financial Corp. (Washington) (HFWA) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
13.2×

Cheaper than 50% of US stocks

Price / sales
3.8×

Cheaper than 32% of US stocks

Price / book
1.0×

Cheaper than 71% of US stocks

EV / EBITDA
—
Growth & margins
Revenue growth (YoY)
53.1%

Higher than 87% of US stocks

Earnings growth (YoY)
43.6%

Higher than 72% of US stocks

Gross margin
—
Operating margin
28.9%

Higher than 86% of US stocks

Net margin
26.4%

Higher than 86% of US stocks

Returns & dividend
Return on equity
7.8%

Higher than 58% of US stocks

Return on assets
1.0%

Higher than 50% of US stocks

Dividend yield
3.6%

Higher than 89% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Heritage Financial Corp. (Washington) (HFWA) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Heritage Financial Corp. (Washington) has a market value of $1.1B and an enterprise value of $1.1B.

  • Revenue in the twelve months to 30 June 2026: $294.1M. The latest quarter grew 53.1% year on year.

  • Net income over the same four quarters: $77.9M, a 26.5% net margin.

  • Diluted earnings per share, trailing twelve months: $2.10.

  • Free cash flow in the twelve months to 30 June 2026: $80.4M.

  • Heritage Financial Corp. (Washington) spent $11.1M on share buybacks and $34.3M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 40.9M.

  • Trailing P/E: 13.2×; forward P/E: 10.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.61%, paying out 46% of earnings.

  • Heritage Financial Corp. (Washington) employs 976 people — $301K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

HFWA vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBanks - Regional
CompanyMarket capTKN rank
HFWAHeritage Financial Corp. (Washington)$1.1B
42
AMTBAmerant Bancorp, Inc.$1.1B
82
CFFNCapitol Federal Financial, Inc.$1.1B
91
UVSPUnivest Financial Corp.$1.2B
92
NBNNortheast Bank (Maine)$1.1B
51
MCBMetropolitan Bank Holding Corp.$1.1B
51
PFBCPreferred Bank (California)$1.2B
82

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Heritage Financial Corp. (Washington) — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HFWA news & analysis

Heritage Financial Announces Earnings Release Date and Conference Call

PRNewsWire · 30 Sept 2026neutral

Heritage Financial Corporation announced it will release its third quarter earnings on Thursday, October 22, 2026, before the market opens, and will hold a related conference call. The announcement was made via PRNewswire from Olympia, Washington.

Why it matters — HFWA watchers will care because this sets a concrete date for the company's third quarter results and investor call, informing their schedules for when to expect the latest financial performance update.

Dividend Champion, Contender, And Challenger Highlights: Week August 16

Seeking Alpha · 14 Aug 2026neutral

A Seeking Alpha article provided a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, including companies that changed their dividends and those with upcoming ex-dividend dates.

Why it matters — HFWA investors monitoring dividend trends may find this weekly roundup useful for tracking dividend-related activity among dividend-paying stocks.

FAQ

Frequently asked questions about HFWA stock

What is the HFWA stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Heritage Financial Corp. (Washington) have a median 12-month price target of $32, with estimates ranging from $31 to $34. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HFWA stock a buy right now?

Of the 6 analysts covering Heritage Financial Corp. (Washington), 3 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Heritage Financial Corp. (Washington) 42 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HFWA?

As at 8 Oct 2026, Heritage Financial Corp. (Washington) ranks 42 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (93 of 100).

Will HFWA stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +16.1% from the last close, and Ticker Nerd's factor model ranks Heritage Financial Corp. (Washington) 42 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HFWA stock forecast for 2030?

No analyst covering Heritage Financial Corp. (Washington) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HFWA are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $31 to $34 over the next 12 months.

How has HFWA stock performed over the past year?

Heritage Financial Corp. (Washington) returned +19.7% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Heritage Financial Corp. (Washington) do?

Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. Through its wholly owned subsidiary, Heritage Bank, the company provides a broad range of banking and financial services to small and medium-sized businesses, business owners, and individual customers across the Pacific Northwest.

What is the latest news on HFWA?

The most recent item we track (PRNewsWire, 30 Sept 2026): "Heritage Financial Announces Earnings Release Date and Conference Call". Heritage Financial Corporation announced it will release its third quarter earnings on Thursday, October 22, 2026, before the market opens, and will hold a related conference call. The announcement was made via PRNewswire from Olympia, Washington.

Company

About Heritage Financial Corp. (Washington).

Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. Through its wholly owned subsidiary, Heritage Bank, the company provides a broad range of banking and financial services to small and medium-sized businesses, business owners, and individual customers across the Pacific Northwest. Its services include commercial lending, residential real estate financing, construction and land development lending, consumer lending, and deposit products such as checking, savings, money market accounts, and certificates of deposit. Heritage Financial Corporation also supports relationship-based banking for local communities through full-service branches and treasury-oriented solutions. The company plays a regional role in commercial banking by serving clients with everyday banking needs as well as more specialized credit and deposit requirements.

CEO Mr. Bryan D. McDonald · 976 employees · United States · https://www.hf-wa.com