Heritage Financial Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Heritage Financial stock have an average target of 27.67, with a low estimate of 26 and a high estimate of 31. The average target predicts an increase of 19.89% from the current stock price of 23.08.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$26	$27.67	$26	$31
Change	+12.65%	+19.89%	+12.65%	+34.32%

Analyst Ratings

The average analyst rating for Heritage Financial stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	0
Buy	1	1	1	1	1	1
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $34 → $31	Buy	Maintains	$34 → $31	+34.32%	Apr 28, 2025
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $27 → $26	Hold	Maintains	$27 → $26	+12.65%	Apr 28, 2025
Gordon McGuire Stephens & Co.	Stephens & Co.	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	+12.65%	Oct 29, 2024
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $27 → $28	Buy	Maintains	$27 → $28	+21.32%	Oct 28, 2024
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $23 → $26	Buy	Maintains	$23 → $26	+12.65%	Jul 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

262.15M

from 210.56M

24.50%

from 210.56M

Revenue Next Year

279.70M

from 262.15M

6.69%

from 262.15M

EPS This Year

2.06

from 1.24

65.96%

from 1.24

EPS Next Year

2.33

from 2.06

13.37%

from 2.06

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	202.12M	269.78M	250.40M	239.54M	210.56M	262.15M	279.70M
Revenue Growth	-11.29%	33.47%	-7.18%	-4.34%	-12.10%	24.50%	6.69%
EPS	1.29	2.73	2.31	1.75	1.24	2.06	2.33
EPS Growth	-29.51%	111.63%	-15.38%	-24.24%	-29.14%	65.96%	13.37%
Forward PE	-	-	-	-	-	11.22	9.89
No. Analysts	-	-	-	-	-	8	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	273.8M	296.2M
Avg	262.2M	279.7M
Low	248.9M	261.3M

Revenue Growth

Revenue Growth	2025	2026
High	30.0%	13.0%
Avg	24.5%	6.7%
Low	18.2%	-0.3%

EPS Forecast

EPS	2025	2026
High	2.20	2.54
Avg	2.06	2.33
Low	1.88	2.11

EPS Growth

EPS Growth	2025	2026
High	77.4%	23.5%
Avg	66.0%	13.4%
Low	51.7%	2.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.