Heritage Financial Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Heritage Financial stock have an average target of 24.75, with a low estimate of 22 and a high estimate of 28. The average target predicts an increase of 2.48% from the current stock price of 24.15.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$22	$24.75	$26	$28
Change	-8.90%	+2.48%	+7.66%	+15.94%

* Price targets were last updated on Oct 29, 2024.

Analyst Ratings

The average analyst rating for Heritage Financial stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	1	1	1	0
Buy	1	1	1	1	1	1
Hold	2	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gordon McGuire Stephens & Co.	Stephens & Co.	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	+7.66%	Oct 29, 2024
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $27 → $28	Buy	Maintains	$27 → $28	+15.94%	Oct 28, 2024
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $23 → $26	Buy	Maintains	$23 → $26	+7.66%	Jul 29, 2024
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $20 → $23	Hold	Maintains	$20 → $23	-4.76%	Jul 26, 2024
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $20	Hold	Maintains	$20	-17.18%	Jun 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

262.43M

Revenue Next Year

279.90M

from 262.43M

6.66%

from 262.43M

EPS This Year

2.06

from 1.24

65.96%

from 1.24

EPS Next Year

2.34

from 2.06

13.79%

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	-	-	-	-	-	262.43M	279.90M
Revenue Growth	-11.29%	33.47%	-7.55%	-3.96%	-12.10%	-	6.66%
EPS	1.29	2.73	2.31	1.75	1.24	2.06	2.34
EPS Growth	-29.51%	111.63%	-15.38%	-24.24%	-29.14%	65.96%	13.79%
Forward PE	-	-	-	-	-	11.74	10.31
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2025	2026
High	275.2M	297.2M
Avg	262.4M	279.9M
Low	248.9M	261.3M

Revenue Growth

Revenue Growth	2025	2026
High	-	13.3%
Avg	-	6.7%
Low	-	-0.4%

EPS Forecast

EPS	2025	2026
High	2.20	2.59
Avg	2.06	2.34
Low	1.88	2.11

EPS Growth

EPS Growth	2025	2026
High	77.4%	26.0%
Avg	66.0%	13.8%
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.