Heritage Financial (US:HFWA) Financial Modeling Prepยท2025-10-23 15:00Core Viewpoint - Heritage Financial Corporation is a regional bank showing signs of potential recovery and maintaining a stable consensus price target, reflecting analysts' confidence in its performance and growth potential [2][6]. Company Overview - Heritage Financial Corporation, trading on NASDAQ under the symbol HFWA, is based in Olympia, Washington, providing a range of financial services including personal and business banking, mortgage lending, and wealth management [1]. Price Target and Analyst Sentiment - Analysts have maintained a stable consensus price target for HFWA at $29 over the past month and quarter, up from $27.5 a year ago, indicating steady confidence in the company's performance [2]. - Analyst Gordon McGuire from Stephens has set a lower price target of $26, suggesting a more cautious outlook despite the overall stability [2][5]. Earnings Performance - In Q2 2025, Heritage Financial reported earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.50 and improving from $0.45 per share in the same quarter last year, showcasing a strong track record of exceeding expectations [4][6]. - The upcoming third-quarter earnings report, scheduled for October 23, 2025, is highly anticipated, with expectations of earnings growth and potential for another earnings beat [3][5]. Technical Indicators - A hammer chart pattern indicates support for the stock, alongside upward trends in earnings estimate revisions, suggesting a possible trend reversal [3].