HFWA
Heritage Financial Corporation
NASDAQ: HFWA · FINANCIAL SERVICES · BANKS - REGIONAL
$26.19
+1.18% today
Updated 2026-06-02
Market cap
$1.15B
P/E ratio
13.69
P/S ratio
4.33x
EPS (TTM)
$2.04
Dividend yield
3.49%
52W range
$21 – $29
Volume
0.3M
WallStSmart proprietary scores
71
out of 100
Grade: B
Buy
Investment rating
8.0
Growth
A7.5
Quality
B+7.0
Profitability
B+5.7
Valuation
C+7/9
Piotroski F-Score
Strong
0.4
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →201 stocks currently score above 75
Price targets
Analyst target
$30.60
+16.84%
12-Month target
$31.46
+20.12%
Intrinsic (DCF)
—
Margin of safety
—
1 Strong Buy1 Buy4 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Piotroski 7/9 — strong financial health
+ Profit margin 27.30% — above average
+ Free cash flow $12.67M — positive
+ Revenue growth 37.20% QoQ
+ Debt/equity 0.04x — low leverage
Risks
- Altman Z 0.40 — distress zone
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $257.05M | $303.13M | $317.19M | $335.97M | $265.57M |
| Net income | $81.88M | $61.76M | $43.26M | $67.53M | $18.95M |
| EPS | — | — | — | — | $2.04 |
| Free cash flow | $90.44M | $99.15M | $61.02M | $85.66M | $12.67M |
| Profit margin | 31.85% | 20.37% | 13.64% | 20.10% | 27.30% |
Peer comparison
Smart narrative
Heritage Financial Corporation trades at $26.19. representing a P/E of 13.69x trailing earnings. Our Smart Value Score of 71/100 indicates the stock is good. The company scores 7/9 on the Piotroski F-Score. With an Altman Z-Score of 0.40, it sits in the distress. TTM revenue stands at $265.57M. with profit margins at 27.30%.
Frequently asked questions
What is Heritage Financial Corporation's stock price?
Heritage Financial Corporation (HFWA) trades at $26.19, on a P/E of 13.7x and a P/S of 4.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Heritage Financial Corporation overvalued?
Heritage Financial Corporation carries a Smart Value Score of 71/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read.
What is the price target of Heritage Financial Corporation (HFWA)?
The 12-month analyst consensus target is $30.60, about 16.8% above the current $26.19. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is Heritage Financial Corporation's revenue?
Heritage Financial Corporation's trailing twelve-month revenue is $265.57M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Heritage Financial Corporation's Altman Z-Score is 0.40, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorFINANCIAL SERVICES
IndustryBANKS - REGIONAL
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio4.33x
ROE6.50%
Beta0.51
50D MA$27.39
200D MA$25.44
Shares out0.04B
Float0.04B
Short ratio—
Avg volume0.3M
Performance
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