NASDAQ:BPFHBoston Private Financial Stock Price, Forecast & News

$6.87

-0.54 (-7.29 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$6.80

Now: $6.87▼

$7.63

50-Day Range

$6.16

MA: $6.99▼

$8.52

52-Week Range

$5.18

Now: $6.87▼

$13.08

Volume606,826 shs

Average Volume432,401 shs

Market Capitalization$561.97 million

P/E Ratio9.41

Dividend Yield6.99%

Beta1.13

Boston Private Financial Holdings, Inc. operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the United States. It operates in three segments: Private Banking, Wealth Management and Trust, and Affiliate Partners. The company accepts deposit products, such as checking accounts, savings and NOW accounts, money market accounts, and certificates of deposit. Its loan products include loans to individuals, such as residential mortgage loans, mortgage loans on investment or vacation properties, unsecured and secured personal lines of credits, home equity loans, and overdraft protection; and loans to businesses consisting of commercial and mortgage loans, revolving lines of credit, working capital loans, equipment financing, community lending programs, and construction and land loans. In addition, it provides wealth management solutions comprising customized investment solutions, wealth planning, trust, and family office services for high net worth individuals and families; services for pension funds, endowments, trusts, foundations and select institutions, mutual funds, and high net worth individuals and their families; and financial planning, tax planning and preparation, estate and insurance planning, retirement planning, charitable planning, and intergenerational gifting and succession planning. As of January 31, 2019, the company operated offices in Boston, New York, Los Angeles, San Francisco, San Jose, and Florida. Boston Private Financial Holdings, Inc. was founded in 1987 and is headquartered in Boston, Massachusetts.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Boston Private Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.83, Boston Private Financial has a potential upside of 28.6% from its current price of $6.87.
Amount of Analyst Coverage
Boston Private Financial has only been the subject of 3 research reports in the past 90 days.

1.5 Community Rank

Outperform Votes
Boston Private Financial has received 192 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Boston Private Financial has received 448 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Boston Private Financial has received 70.00% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Boston Private Financial and other stocks. Vote “Outperform” if you believe BPFH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BPFH will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Boston Private Financial is a leading dividend payer. It pays a dividend yield of 6.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Boston Private Financial has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Boston Private Financial is 50.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Boston Private Financial will have a dividend payout ratio of 77.42 % in the coming year. This indicates that Boston Private Financial may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boston Private Financial insiders have bought 173.68% more of their company's stock than they have sold. Specifically, they have bought $235,563.00 in company stock and sold $86,072.00 in company stock.
Percentage Held by Insiders
Only 0.82% of the stock of Boston Private Financial is held by insiders.
Percentage Held by Institutions
92.24% of the stock of Boston Private Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Boston Private Financial are expected to grow by 37.78% in the coming year, from $0.45 to $0.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boston Private Financial is 9.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boston Private Financial is 9.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.22.
Price to Book Value per Share Ratio
Boston Private Financial has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.99 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:BPFH

Previous Symbol

CUSIP10111910

CIK821127

Webwww.bostonprivate.com

Phone617-912-1900

Debt

Debt-to-Equity Ratio0.86

Current Ratio1.01

Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio9.41

Forward P/E Ratio15.27

P/E GrowthN/A

Sales & Book Value

Annual Sales$409.99 million

Price / Sales1.37

Cash Flow$1.26 per share

Price / Cash Flow5.47

Book Value$10.13 per share

Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)$0.96

Net Income$80.03 million

Net Margins15.45%

Return on Equity7.55%

Return on Assets0.70%

Miscellaneous

Employees774

Outstanding Shares81,800,000

Market Cap$561.97 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Boston Private Financial (NASDAQ:BPFH) Frequently Asked Questions

How has Boston Private Financial's stock been impacted by COVID-19 (Coronavirus)?

Boston Private Financial's stock was trading at $7.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BPFH stock has decreased by 12.9% and is now trading at $6.87. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Boston Private Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Private Financial in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Boston Private Financial.

When is Boston Private Financial's next earnings date?

Boston Private Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Boston Private Financial.

How were Boston Private Financial's earnings last quarter?

Boston Private Financial Hldg Inc (NASDAQ:BPFH) announced its earnings results on Wednesday, April, 29th. The bank reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.16. The bank earned $78.78 million during the quarter, compared to analysts' expectations of $80.16 million. Boston Private Financial had a net margin of 15.45% and a return on equity of 7.55%. View Boston Private Financial's earnings history.

How often does Boston Private Financial pay dividends? What is the dividend yield for Boston Private Financial?

Boston Private Financial declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.12 per share on Friday, May 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Thursday, May 7th. View Boston Private Financial's dividend history.

What price target have analysts set for BPFH?

3 analysts have issued 12 month price targets for Boston Private Financial's stock. Their forecasts range from $8.50 to $9.00. On average, they anticipate Boston Private Financial's stock price to reach $8.83 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View analysts' price targets for Boston Private Financial.

Has Boston Private Financial been receiving favorable news coverage?

Press coverage about BPFH stock has trended extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Boston Private Financial earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutBoston Private Financial.

Are investors shorting Boston Private Financial?

Boston Private Financial saw a decrease in short interest in May. As of May 15th, there was short interest totaling 797,000 shares, a decrease of 24.8% from the April 30th total of 1,060,000 shares. Based on an average daily volume of 598,800 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the shares of the stock are short sold. View Boston Private Financial's Current Options Chain.

Who are some of Boston Private Financial's key competitors?

Some companies that are related to Boston Private Financial include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of Boston Private Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Private Financial investors own include General Electric (GE), KeyCorp (KEY), Huntington Bancshares (HBAN), Microchip Technology (MCHP), NVIDIA (NVDA), People's United Financial (PBCT), AT&T (T), TriCo Bancshares (TCBK), Verizon Communications (VZ) and Walgreens Boots Alliance (WBA).

Who are Boston Private Financial's key executives?

Boston Private Financial's management team includes the following people:

Mr. Anthony DeChellis, CEO, Pres & Director (Age 56)
Mr. Steven M. Gaven, Exec. VP & CFO (Age 39)
Ms. Jacqueline S. Shoback, Exec. VP & Chief Marketing Officer (Age 52)
Mr. Corey Anthony Griffin, Sr. Adviser (Age 57)
Ms. Maura S. Almy, Exec. VP and Chief Operating & Platform Officer (Age 53)

What is Boston Private Financial's stock symbol?

Boston Private Financial trades on the NASDAQ under the ticker symbol "BPFH."

Who are Boston Private Financial's major shareholders?

Boston Private Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.52%), State Street Corp (3.87%), Bank of New York Mellon Corp (3.37%), Banc Funds Co. LLC (2.09%), Investment Counselors of Maryland LLC (1.80%) and Geode Capital Management LLC (1.56%). Company insiders that own Boston Private Financial stock include Anthony Dechellis, David J Kaye, George G Schwartz, Gloria C Larson, Joy Enos, Lizabeth H Zlatkus, Mark F Furlong, Paul M Simons, Stephen M Waters, Steven M Gaven and W Timothy Macdonald. View institutional ownership trends for Boston Private Financial.

Which major investors are selling Boston Private Financial stock?

BPFH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Bank of New York Mellon Corp, Healthcare of Ontario Pension Plan Trust Fund, SG Americas Securities LLC, Signia Capital Management LLC, GW&K Investment Management LLC, and Banc Funds Co. LLC. Company insiders that have sold Boston Private Financial company stock in the last year include Steven M Gaven, and W Timothy Macdonald. View insider buying and selling activity for Boston Private Financial.

Which major investors are buying Boston Private Financial stock?

BPFH stock was acquired by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Kestrel Investment Management Corp, AJO LP, State Street Corp, Acadian Asset Management LLC, Mackay Shields LLC, JPMorgan Chase & Co., and William Blair Investment Management LLC. Company insiders that have bought Boston Private Financial stock in the last two years include Anthony Dechellis, Gloria C Larson, Joy Enos, Lizabeth H Zlatkus, Mark F Furlong, Paul M Simons, and Steven M Gaven. View insider buying and selling activity for Boston Private Financial.

How do I buy shares of Boston Private Financial?

Shares of BPFH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Boston Private Financial's stock price today?

One share of BPFH stock can currently be purchased for approximately $6.87.

How big of a company is Boston Private Financial?

Boston Private Financial has a market capitalization of $561.97 million and generates $409.99 million in revenue each year. The bank earns $80.03 million in net income (profit) each year or $0.96 on an earnings per share basis. Boston Private Financial employs 774 workers across the globe.

What is Boston Private Financial's official website?

The official website for Boston Private Financial is www.bostonprivate.com.

How can I contact Boston Private Financial?

Boston Private Financial's mailing address is 10 POST OFFICE SQ, BOSTON MA, 02109. The bank can be reached via phone at 617-912-1900 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff