Heritage Financial Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $16.84
- Today's High:
- $17.145
- Open Price:
- $16.98
- 52W Low:
- $14.6759
- 52W High:
- $33.2343
- Prev. Close:
- $16.95
- Volume:
- 240650
Company Statistics
- Market Cap.:
- $594.06 million
- Book Value:
- 23.389
- Revenue TTM:
- $260.55 million
- Operating Margin TTM:
- 39.65%
- Gross Profit TTM:
- $249.40 million
- Profit Margin:
- 31.03%
- Return on Assets TTM:
- 1.12%
- Return on Equity TTM:
- 9.95%
Company Profile
Heritage Financial Corporation had its IPO on 1998-05-07 under the ticker symbol HFWA.
The company operates in the Financial Services sector and Banks-Regional industry. Heritage Financial Corporation has a staff strength of 811 employees.
Stock update
Shares of Heritage Financial Corporation opened at $16.98 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $16.84 - $17.15, and closed at $16.91.
This is a -0.24% slip from the previous day's closing price.
A total volume of 240,650 shares were traded at the close of the day’s session.
In the last one week, shares of Heritage Financial Corporation have slipped by -4.25%.
Heritage Financial Corporation's Key Ratios
Heritage Financial Corporation has a market cap of $594.06 million, indicating a price to book ratio of 1.3943 and a price to sales ratio of 4.3264.
In the last 12-months Heritage Financial Corporation’s revenue was $260.55 million with a gross profit of $249.40 million and an EBITDA of $0. The EBITDA ratio measures Heritage Financial Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Heritage Financial Corporation’s operating margin was 39.65% while its return on assets stood at 1.12% with a return of equity of 9.95%.
In Q2, Heritage Financial Corporation’s quarterly earnings growth was a negative -7.7% while revenue growth was a positive 5%.
Heritage Financial Corporation’s PE and PEG Ratio
- Forward PE
- 11.9617
- Trailing PE
- 7.4017
- PEG
- 2.13
Its diluted EPS in the last 12-months stands at $2.29 per share while it has a forward price to earnings multiple of 11.9617 and a PEG multiple of 2.13. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Heritage Financial Corporation’s profitability.
Heritage Financial Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.3264.
Heritage Financial Corporation stock pays annual dividends of $0.86 per share, indicating a yield of 5.16% and a payout ratio of 37.99%.
Balance sheet and cash flow metrics
- Total Assets
- $7.12 billion
- Total Liabilities
- $6.24 billion
- Operating Cash Flow
- $-80186000.00
- Capital Expenditure
- $824000
- Dividend Payout Ratio
- 37.99%
Heritage Financial Corporation ended 2024 with $7.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.12 billion while shareholder equity stood at $819.73 million.
Heritage Financial Corporation ended 2024 with $0 in deferred long-term liabilities, $6.24 billion in other current liabilities, 550103000.00 in common stock, $367.09 million in retained earnings and $240.94 million in goodwill. Its cash balance stood at $108.38 million and cash and short-term investments were $1.38 billion. The company’s total short-term debt was $450,000,000 while long-term debt stood at $471.62 million.
Heritage Financial Corporation’s total current assets stands at $1.40 billion while long-term investments were $2.03 billion and short-term investments were $1.28 billion. Its net receivables were $18.97 million compared to accounts payable of $190.30 million and inventory worth $0.
In 2024, Heritage Financial Corporation's operating cash flow was $-80186000.00 while its capital expenditure stood at $824000.
Comparatively, Heritage Financial Corporation paid $0.38 in dividends in 2024.
Other key metrics
- Current Trading Price
- $16.91
- 52-Week High
- $33.2343
- 52-Week Low
- $14.6759
- Analyst Target Price
- $21
Heritage Financial Corporation stock is currently trading at $16.91 per share. It touched a 52-week high of $33.2343 and a 52-week low of $33.2343. Analysts tracking the stock have a 12-month average target price of $21.
Its 50-day moving average was $17.6 and 200-day moving average was $21.77 The short ratio stood at 4.37 indicating a short percent outstanding of 0%.
Around 176.9% of the company’s stock are held by insiders while 7976.5% are held by institutions.
Frequently Asked Questions About Heritage Financial Corporation
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About
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. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services, as well as objective advice. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.