Heritage Financial Corporation (HFWA)

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Heritage Financial Corporation (HFWA) is up 20.9% since the beginning of the year. At $28 per share, HFWA is trading 4.1% below its 52-week high of $29. Investors who bought $1,000 worth of HFWA shares 5 years ago would now be looking at an investment worth $1,380.

Heritage Financial Corporation (HFWA) has returned 20.89% so far this year and 29.40% over the past 12 months. Over the last ten years, HFWA has returned 8.84% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since May 7, 1998, HFWA's average daily return is +0.04%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.

Historically, 53% of months were positive and 47% were negative. The best month was Jul 2024 with a return of +28.5%, while the worst month was Aug 1998 at -26.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, HFWA closed higher 47% of trading days. The best single day was Nov 9, 2020 with a return of +15.5%, while the worst single day was Mar 20, 2020 at -14.2%.

Heritage Financial Corporation has an annualized alpha of 5.11%, beta of 0.58, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since May 07, 1998.

• This stock participated in 50.80% of S&P 500 Index downside but only 49.16% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.58 may look defensive, but with R2 of 0.13 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.13 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HFWA ranks 71 for risk / return — better than 71% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Heritage Financial Corporation provided a 3.42% dividend yield over the last twelve months, with an annual payout of $0.96 per share. The company has been increasing its dividends for 5 consecutive years.

The table displays the monthly dividend distributions for Heritage Financial Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Heritage Financial Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Heritage Financial Corporation was 65.13%, occurring on Mar 9, 2009. Recovery took 1937 trading sessions.

The current Heritage Financial Corporation drawdown is 4.37%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Heritage Financial Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Heritage Financial Corporation is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.