S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners

Berkshire Hills Bancorp Stock Price, News & Analysis (NYSE:BHLB)

$20.98
-0.07 (-0.33%)
(As of 11/28/2023 ET)
Compare
Today's Range
$20.77
$21.00
50-Day Range
$18.48
$21.72
52-Week Range
$18.07
$31.63
Volume
146,024 shs
Average Volume
261,462 shs
Market Capitalization
$916.20 million
P/E Ratio
9.04
Dividend Yield
3.43%
Price Target
$27.67

Berkshire Hills Bancorp MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
31.9% Upside
$27.67 Price Target
Short Interest
Healthy
3.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.82
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$259,420 Bought Last Quarter
Proj. Earnings Growth
-4.65%
From $2.15 to $2.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Finance Sector

345th out of 860 stocks

Savings Institutions, Except Federal Industry

6th out of 20 stocks


BHLB stock logo

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. It offers various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. It also has financial centers in Massachusetts, New York, Connecticut, Rhode Island, and Vermont. The company was founded in 1846 and is headquartered in Boston, Massachusetts.

BHLB Stock Price History

BHLB Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q3 2023 Berkshire Hills Bancorp Inc Earnings Call
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q2 2023 Berkshire Hills Bancorp Inc Earnings Call
Q1 2023 Berkshire Hills Bancorp Inc Earnings Call
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.

Company Calendar

Ex-Dividend for 8/31 Dividend
8/16/2023
Dividend Payable
8/31/2023
Last Earnings
10/20/2023
Ex-Dividend for 11/30 Dividend
11/15/2023
Today
11/28/2023
Dividend Payable
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/25/2024

Industry, Sector and Symbol

Industry
Savings institutions, except federal
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
CUSIP
08468010
Employees
1,310
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.67
High Stock Price Target
$34.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+31.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$92.53 million
Pretax Margin
19.55%

Debt

Sales & Book Value

Annual Sales
$456.19 million
Cash Flow
$2.65 per share
Book Value
$21.19 per share

Miscellaneous

Free Float
43,277,000
Market Cap
$916.20 million
Optionable
Optionable
Beta
0.93
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives















BHLB Stock Analysis - Frequently Asked Questions

Should I buy or sell Berkshire Hills Bancorp stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hills Bancorp in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BHLB shares.
View BHLB analyst ratings
or view top-rated stocks.

What is Berkshire Hills Bancorp's stock price target for 2024?

3 brokers have issued 12-month target prices for Berkshire Hills Bancorp's stock. Their BHLB share price targets range from $22.00 to $34.00. On average, they expect the company's share price to reach $27.67 in the next year. This suggests a possible upside of 31.9% 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 2023?

Berkshire Hills Bancorp's stock was trading at $29.90 at the start of the year. Since then, BHLB shares have decreased by 29.8% and is now trading at $20.98.
View the best growth stocks for 2023 here
.

When is Berkshire Hills Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our BHLB earnings forecast
.

How were Berkshire Hills Bancorp's earnings last quarter?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) announced its earnings results on Friday, October, 20th. The savings and loans company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. The savings and loans company earned $109.78 million during the quarter, compared to analysts' expectations of $109.30 million. Berkshire Hills Bancorp had a net margin of 16.54% and a trailing twelve-month return on equity of 10.45%.

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 Friday, November 3rd. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.18 per share on Thursday, November 30th. This represents a $0.72 annualized dividend and a dividend yield of 3.43%. The ex-dividend date is Wednesday, November 15th.
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 3.41%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BHLB will have a dividend payout ratio of 35.12% 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 retail and institutional investors. Top institutional investors include Invesco Ltd. (2.49%), Fuller & Thaler Asset Management Inc. (2.36%), Boston Partners (1.46%), Northern Trust Corp (1.21%), Bank of New York Mellon Corp (1.14%) and Charles Schwab Investment Management Inc. (0.81%). Insiders that own company stock include D Jeffrey Templeton, David Brunelle, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:BHLB) was last updated on 11/29/2023 by MarketBeat.com Staff

My Account -