NYSE:BHLB Berkshire Hills Bancorp (BHLB) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free bhlb Stock Alerts $21.76 +0.05 (+0.23%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$21.61▼$22.1650-Day Range$20.51▼$22.9252-Week Range$18.07▼$25.79Volume238,965 shsAverage Volume241,253 shsMarket Capitalization$945.69 millionP/E Ratio43.52Dividend Yield3.31%Price Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Berkshire Hills Bancorp alerts: Email Address Berkshire Hills Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside14.9% Upside$25.00 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.73Upright™ Environmental ScoreNews Sentiment0.64Based on 6 Articles This WeekInsider TradingSelling Shares$5.24 M Sold Last QuarterProj. Earnings Growth20.00%From $2.05 to $2.46 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.4.39 out of 5 starsFinance Sector191st out of 842 stocksSavings Institutions, Except Federal Industry3rd out of 18 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 only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.98% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berkshire Hills Bancorp has recently increased by 0.59%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldBerkshire Hills Bancorp pays a meaningful dividend of 3.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerkshire Hills Bancorp does not have a long track record of dividend growth.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 29.27% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its 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 2.0 News and Social Media Coverage News SentimentBerkshire Hills Bancorp has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Berkshire Hills Bancorp this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berkshire Hills Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,239,449.00 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berkshire Hills Bancorp are expected to grow by 20.00% in the coming year, from $2.05 to $2.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berkshire Hills Bancorp is 43.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Berkshire Hills Bancorp is 43.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.25.Price to Book Value per Share RatioBerkshire Hills Bancorp has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 HeadlinesApril 20, 2024 | investing.comBerkshire Hills Bancorp stock target cut by KBWApril 18, 2024 | seekingalpha.comBerkshire Hills Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 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 DividendApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.March 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 EstimatesJanuary 25, 2024 | finance.yahoo.comBerkshire Hills Bancorp Inc Reports Mixed Q4 Results and Announces Share BuybackJanuary 25, 2024 | seekingalpha.comBerkshire Hills Bancorp, Inc. 2023 Q4 - Results - Earnings Call PresentationJanuary 15, 2024 | finance.yahoo.comBerkshire Hills Bancorp's (NYSE:BHLB) investors will be pleased with their favorable 34% return over the last three yearsJanuary 12, 2024 | finance.yahoo.comBerkshire Hills Announces Fourth Quarter 2023 Earnings Release and Conference Call ScheduleJanuary 11, 2024 | nasdaq.comPiper Sandler Upgrades Berkshire Hills Bancorp (BHLB)See 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 Earnings4/18/2024Today4/22/2024Next 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+14.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.50 Trailing P/E Ratio43.52 Forward P/E Ratio10.61 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 Ratio0.45 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$619.08 million Price / Sales1.53 Cash Flow$2.64 per share Price / Cash Flow8.23 Book Value$23.18 per share Price / Book0.94Miscellaneous Outstanding Shares43,460,000Free Float43,021,000Market Cap$945.69 million OptionableOptionable Beta0.87 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsHingham Institution for SavingsNASDAQ:HIFSHome BancorpNASDAQ:HBCPNew York Community BancorpNYSE:NYCBHeritage FinancialNASDAQ:HFWANB BancorpNASDAQ:NBBKView All CompetitorsInsiders & InstitutionsState of Alaska Department of RevenueSold 850 shares on 4/19/2024Ownership: 0.060%Quadrature Capital LtdBought 19,552 shares on 3/25/2024Ownership: 0.045%PNC Financial Services Group Inc.Sold 2,072 shares on 3/22/2024Ownership: 0.033%Ellen TulchinerSold 926 sharesTotal: $20,103.46 ($21.71/share)Vanguard Group Inc.Sold 53,416 shares on 3/11/2024Ownership: 11.521%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 twelve months. 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 brokerages have issued 12-month target prices for Berkshire Hills Bancorp's stock. Their BHLB share price targets range from $24.00 to $26.00. On average, they predict the company's share price to reach $25.00 in the next year. This suggests a possible upside of 14.9% 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 shares have decreased by 12.4% and is now trading at $21.76. View the best growth stocks for 2024 here. 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) posted 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 net margin of 3.40% and a trailing twelve-month return on equity of 8.77%. During the same quarter in the prior year, the company posted $0.63 EPS. How often does Berkshire Hills Bancorp pay dividends? What is the dividend yield for Berkshire Hills Bancorp? Berkshire Hills Bancorp announced a quarterly dividend on Thursday, March 7th. Stockholders of record on Thursday, March 21st will be given a dividend of $0.18 per share on Thursday, April 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend 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 3.32%. 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 29.27% 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 State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Baye Adofo-Wilson, David Brunelle, Ellen Tulchiner, Jason T White, Jeffrey W Kip, Kevin Conn, Mary Anne Callahan, Michael Zaitzeff, Nitin J Mhatre, Rheo A Brouillard, Subhadeep Basu, 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Berkshire Hills Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
