Heritage Financial Corporation (HFWA)
NASDAQ: HFWA · IEX Real-Time Price · USD
19.39
+0.22 (1.15%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Heritage Financial Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Heritage Financial stock have an average target of 23, with a low estimate of 22 and a high estimate of 25. The average target predicts an increase of 18.62% from the current stock price of 19.39.

Analyst Consensus: Buy
Target Low Average Median High
Price $22 $23 $23 $25
Change +13.46% +18.62% +18.62% +28.93%

Analyst Ratings

The average analyst rating for HFWA stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000111
Buy 111111
Hold 222222
Sell 000000
Strong Sell 000000
Total 333444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Hold
Reiterates
$22
Hold Reiterates $22 +13.46% Mar 13, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$24$23
Strong Buy Maintains $24$23 +18.62% Jan 26, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$23$22
Hold Maintains $23$22 +13.46% Jan 26, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$19$20
Hold Maintains $19$20 +3.15% Jul 28, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$29$25
Buy Maintains $29$25 +28.93% Apr 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
248.78M
from 239.54M
Increased by 3.86%
Revenue Next Year
262.81M
from 248.78M
Increased by 5.64%
EPS This Year
1.74
from 1.75
Decreased by -0.30%
EPS Next Year
1.94
from 1.74
Increased by 11.25%
Year 2019202020212022202320242025
Revenue
227.83M202.12M269.78M250.40M239.54M248.78M262.81M
Revenue Growth
6.72%-11.29%33.47%-7.18%-4.34%3.86%5.64%
EPS
1.831.292.732.311.751.741.94
EPS Growth
22.82%-29.51%111.63%-15.38%-24.24%-0.30%11.25%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 261.3M 277.0M
Avg 248.8M 262.8M
Low 236.6M 242.3M

Revenue Growth

Revenue Growth 20242025
High
9.1%
11.3%
Avg
3.9%
5.6%
Low
-1.2%
-2.6%

EPS Forecast

EPS 20242025
High 1.94 2.15
Avg 1.74 1.94
Low 1.55 1.62

EPS Growth

EPS Growth 20242025
High
11.1%
23.2%
Avg
-0.3%
11.3%
Low
-11.5%
-7.3%
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.