
Heritage Financial (HFWA) Stock Forecast & Price Target
Heritage Financial (HFWA) Analyst Ratings
Bulls say
Heritage Financial Corp's positive outlook is supported by a projected 16% year-over-year increase in earnings per share (EPS), with estimates rising from $2.32 to $2.50 for 2026, primarily due to the anticipated benefits from the Olympic transaction. The lifting of the target from $28 to $29 signifies a valuation of 11.6 times the updated 2026 EPS and 1.5 times the tangible book value, reflecting confidence in the company's growth trajectory. Additionally, the successful alignment of cultural and credit practices between Heritage and the Kitsap organization, along with plans to effectively redeploy liquidity, positions the company favorably for continued growth.
Bears say
The financial outlook for Heritage Financial Corp is negative primarily due to significant economic deterioration observed in the Pacific Northwest, which has led to home price depreciation and a worsening employment situation. This decline in economic conditions has raised concerns over potential severe deterioration in credit quality within the bank's lending portfolio. Furthermore, the company's previous momentum in mergers and acquisitions has been hindered by aggressive competition from credit unions and the lasting impacts of the pandemic, which have stunted its growth strategy.
This aggregate rating is based on analysts' research of Heritage Financial and is not a guaranteed prediction by Public.com or investment advice.
Heritage Financial (HFWA) Analyst Forecast & Price Prediction
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