NYSE:BHLB Berkshire Hills Bancorp (BHLB) Stock Price, News & Analysis → No Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for Free (From Hedgeye) (Ad) Free BHLB Stock Alerts $21.66 +0.04 (+0.19%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$21.39▼$21.6650-Day Range$20.51▼$23.4652-Week Range$18.31▼$25.79Volume151,928 shsAverage Volume229,140 shsMarket Capitalization$937.66 millionP/E Ratio43.32Dividend Yield3.32%Price Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Berkshire Hills Bancorp alerts: Email Address Berkshire Hills Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside15.4% Upside$25.00 Price TargetShort InterestHealthy2.06% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.73Upright™ Environmental ScoreNews Sentiment0.86Based on 2 Articles This WeekInsider TradingSelling Shares$243,646 Sold Last QuarterProj. Earnings Growth16.02%From $2.06 to $2.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.64 out of 5 starsFinance Sector163rd out of 833 stocksSavings Institutions, Except Federal Industry3rd out of 17 stocks 2.0 Analyst's Opinion Consensus RatingBerkshire Hills Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageBerkshire Hills Bancorp has received no research coverage in the past 90 days.Read more about Berkshire Hills Bancorp's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.06% of the float of Berkshire Hills Bancorp has been sold short.Short Interest Ratio / Days to CoverBerkshire Hills Bancorp has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berkshire Hills Bancorp has recently decreased by 4.68%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldBerkshire Hills Bancorp pays a meaningful dividend of 3.35%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerkshire Hills Bancorp has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Berkshire Hills Bancorp is 144.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Berkshire Hills Bancorp will have a dividend payout ratio of 30.13% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its dividend.Read more about Berkshire Hills Bancorp's dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerkshire Hills Bancorp has received a 11.03% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Home equity loans", "Wire transfer services", "Home contents insurance services for individuals", "Consumer savings accounts provided by brick and mortar banks", and "Online banking" products. See details.Environmental SustainabilityThe Environmental Impact score for Berkshire Hills Bancorp is -0.73. Previous Next 2.1 News and Social Media Coverage News SentimentBerkshire Hills Bancorp has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.05 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Berkshire Hills Bancorp this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Berkshire Hills Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berkshire Hills Bancorp insiders have sold 905.89% more of their company's stock than they have bought. Specifically, they have bought $24,222.00 in company stock and sold $243,646.00 in company stock.Percentage Held by InsidersOnly 1.02% of the stock of Berkshire Hills Bancorp is held by insiders.Percentage Held by Institutions83.07% of the stock of Berkshire Hills Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Berkshire Hills Bancorp's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berkshire Hills Bancorp are expected to grow by 16.02% in the coming year, from $2.06 to $2.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berkshire Hills Bancorp is 43.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Berkshire Hills Bancorp is 43.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.82.Price to Book Value per Share RatioBerkshire Hills Bancorp has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Berkshire Hills Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressAfter Conviction, More Bad News for TrumpAs a former advisor to the CIA, the Pentagon and the White House… I feel it’s my duty to warn you about this coming election meltdown.Click here to see the details because this coming election meltdown could trigger… About Berkshire Hills Bancorp Stock (NYSE:BHLB)Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans. In addition, the company provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management, online banking and mobile banking, small business banking, and asset based lending services; and debit cards and other electronic fee producing payment services to transaction account customers. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.Read More BHLB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BHLB Stock News HeadlinesJune 7 at 7:30 AM | prnewswire.comBerkshire Hills Announces Quarterly Shareholder DividendMay 30, 2024 | americanbankingnews.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) Given Average Recommendation of "Hold" by BrokeragesMay 17, 2024 | prnewswire.comBerkshire Hills Bancorp Announces Results of Annual MeetingMay 14, 2024 | prnewswire.comBerkshire Hills Announces Executive TransitionMay 1, 2024 | seekingalpha.comBerkshire Hills Bancorp: Earnings Likely To Bounce Back, But Risks Are HighApril 20, 2024 | investing.comBerkshire Hills Bancorp stock target cut by KBWApril 18, 2024 | seekingalpha.comBerkshire Hills Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 18, 2024 | prnewswire.comBerkshire Hills Reports First Quarter 2024 ResultsApril 16, 2024 | wsj.comBerkshire Hills Bancorp Inc.March 28, 2024 | finance.yahoo.comBerkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call ScheduleMarch 21, 2024 | finance.yahoo.comBerkshire Hills Bancorp Bolsters Commercial & Private Banking FranchiseMarch 7, 2024 | prnewswire.comBerkshire Hills Announces Quarterly Shareholder DividendMarch 5, 2024 | msn.comArrow Financial Acquires Berkshire Bank Branch In Whitehall, New YorkMarch 4, 2024 | msn.comBerkshire Hills Bancorp agrees to sell 10 branches in New YorkMarch 4, 2024 | prnewswire.comArrow Announces Acquisition of Whitehall, N.Y. BranchMarch 4, 2024 | prnewswire.comBerkshire Hills Bancorp to Sell Select Upstate and Eastern New York BranchesFebruary 29, 2024 | finance.yahoo.comBerkshire Hills Bancorp Insiders Added US$817.2k Of Stock To Their HoldingsFebruary 24, 2024 | msn.comBerkshire Hills Bancorp (BHLB) Price Target Increased by 15.59% to 26.72February 17, 2024 | finance.yahoo.comBHLB Mar 2024 30.000 putFebruary 6, 2024 | msn.comWhy small-business loans are a win-win for women-run startups and smaller banksFebruary 2, 2024 | seekingalpha.comBHLB: Surprise Q4 Loss Is Nothing To Worry AboutJanuary 30, 2024 | markets.businessinsider.comKeefe, Bruyette & Woods Maintains Market Perform Rating for Berkshire Hills Bancorp: Here's What You Need To KnowJanuary 30, 2024 | finance.yahoo.comNew Strong Sell Stocks for January 30thJanuary 27, 2024 | finance.yahoo.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) Q4 2023 Earnings Call TranscriptJanuary 25, 2024 | finance.yahoo.comBerkshire Hills (BHLB) Q4 Earnings: Taking a Look at Key Metrics Versus EstimatesSee More Headlines Receive BHLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Berkshire Hills Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/4 Dividend3/20/2024Dividend Payable4/04/2024Last Earnings4/18/2024Today6/08/2024Next Earnings (Estimated)7/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Savings institutions, except federal Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:BHLB CUSIP08468010 CIK1108134 Webwww.berkshirebank.com Phone(617) 641-9206Fax413-443-3587Employees1,340Year FoundedN/APrice Target and Rating Average Stock Price Target$25.00 High Stock Price Target$26.00 Low Stock Price Target$24.00 Potential Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.50 Trailing P/E Ratio43.32 Forward P/E Ratio10.51 P/E GrowthN/ANet Income$69.60 million Net Margins3.40% Pretax Margin2.92% Return on Equity8.77% Return on Assets0.71% Debt Debt-to-Equity Ratio0.25 Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$619.08 million Price / Sales1.51 Cash Flow$2.66 per share Price / Cash Flow8.14 Book Value$23.18 per share Price / Book0.93Miscellaneous Outstanding Shares43,290,000Free Float42,851,000Market Cap$937.66 million OptionableOptionable Beta0.89 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Nitin J. Mhatre (Age 53)President, CEO & Director Comp: $1.8MMr. Sean A. Gray (Age 48)Senior EVP & COO Comp: $1.24MMr. Brett Brbovic (Age 43)Senior VP & Chief Accounting Officer Comp: $326.85kMr. Gregory D. Lindenmuth (Age 56)Senior EVP & Chief Risk Officer Comp: $515.78kMr. R. David Rosato (Age 62)Senior EVP & CFO Mr. Kevin ConnSenior Vice President of Investor Relations & Corporate DevelopmentMr. Wm. Gordon Prescott Esq. (Age 62)Senior EVP, General Counsel & Corporate Secretary Ms. Ashlee Flores (Age 39)Executive VP & Chief Compliance Officer Alison SkrattHead of CommunicationsMr. Sumant Pustake (Age 39)Executive VP and Chief Strategy & Marketing Officer More ExecutivesKey CompetitorsSimply Good FoodsNASDAQ:SMPLTFS FinancialNASDAQ:TFSLWalker & DunlopNYSE:WDNew York Community BancorpNYSE:NYCBWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsBoston PartnersSold 576,228 shares on 5/28/2024Ownership: 0.097%Comerica BankSold 2,008 shares on 5/17/2024Ownership: 0.048%Jacobs Levy Equity Management Inc.Sold 2,421 shares on 5/16/2024Ownership: 0.449%California State Teachers Retirement SystemSold 2,764 shares on 5/16/2024Ownership: 0.101%Public Employees Retirement System of OhioSold 860 shares on 5/15/2024Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions BHLB Stock Analysis - Frequently Asked Questions Should I buy or sell Berkshire Hills Bancorp stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hills Bancorp in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BHLB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHLB, but not buy additional shares or sell existing shares. View BHLB analyst ratings or view top-rated stocks. What is Berkshire Hills Bancorp's stock price target for 2024? 4 Wall Street analysts have issued 12-month price targets for Berkshire Hills Bancorp's stock. Their BHLB share price targets range from $24.00 to $26.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View analysts price targets for BHLB or view top-rated stocks among Wall Street analysts. How have BHLB shares performed in 2024? Berkshire Hills Bancorp's stock was trading at $24.83 on January 1st, 2024. Since then, BHLB stock has decreased by 12.8% and is now trading at $21.66. View the best growth stocks for 2024 here. Are investors shorting Berkshire Hills Bancorp? Berkshire Hills Bancorp saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 924,900 shares, an increase of 7.5% from the April 15th total of 860,300 shares. Based on an average daily volume of 237,500 shares, the short-interest ratio is currently 3.9 days. Currently, 2.2% of the shares of the stock are sold short. View Berkshire Hills Bancorp's Short Interest. When is Berkshire Hills Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our BHLB earnings forecast. How were Berkshire Hills Bancorp's earnings last quarter? Berkshire Hills Bancorp, Inc. (NYSE:BHLB) announced its quarterly earnings data on Thursday, April, 18th. The savings and loans company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The savings and loans company earned $169.32 million during the quarter, compared to the consensus estimate of $107.89 million. Berkshire Hills Bancorp had a trailing twelve-month return on equity of 8.77% and a net margin of 3.40%. During the same period last year, the company earned $0.63 EPS. How often does Berkshire Hills Bancorp pay dividends? What is the dividend yield for Berkshire Hills Bancorp? Berkshire Hills Bancorp declared a quarterly dividend on Thursday, March 7th. Shareholders of record on Thursday, March 21st will be paid a dividend of $0.18 per share on Thursday, April 4th. This represents a $0.72 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date is Wednesday, March 20th. Read our dividend analysis for BHLB. Is Berkshire Hills Bancorp a good dividend stock? Berkshire Hills Bancorp (NYSE:BHLB) pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.35%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 144.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BHLB will have a dividend payout ratio of 30.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BHLB. What is Sean Gray's approval rating as Berkshire Hills Bancorp's CEO? 7 employees have rated Berkshire Hills Bancorp Chief Executive Officer Sean Gray on Glassdoor.com. Sean Gray has an approval rating of 78% among the company's employees. What other stocks do shareholders of Berkshire Hills Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Berkshire Hills Bancorp investors own include Starbucks (SBUX), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), International Business Machines (IBM), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Boeing (BA), Dominion Energy (D) and FTAI Aviation (FTAI). Who are Berkshire Hills Bancorp's major shareholders? Berkshire Hills Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.54%), LSV Asset Management (1.57%), Principal Financial Group Inc. (0.51%), Jacobs Levy Equity Management Inc. (0.45%), Commonwealth Equity Services LLC (0.28%) and Empowered Funds LLC (0.28%). Insiders that own company stock include Baye Adofo-Wilson, David Brunelle, Ellen Tulchiner, Jason T White, Jeffrey W Kip, Mary Anne Callahan, Michael Zaitzeff, Nitin J Mhatre, William H Hughes III and Wm Gordon Prescott. View institutional ownership trends. How do I buy shares of Berkshire Hills Bancorp? Shares of BHLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BHLB) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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