NYSE:BHLB Berkshire Hills Bancorp (BHLB) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free BHLB Stock Alerts $21.49 -0.45 (-2.05%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$21.48▼$21.9650-Day Range$20.90▼$25.1752-Week Range$18.07▼$26.05Volume200,991 shsAverage Volume251,864 shsMarket Capitalization$937.39 millionP/E Ratio13.43Dividend Yield3.35%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/Downside16.3% Upside$25.00 Price TargetShort InterestHealthy1.92% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.84Upright™ Environmental ScoreNews Sentiment0.86Based on 4 Articles This WeekInsider TradingSelling Shares$5.22 M Sold Last QuarterProj. Earnings Growth18.84%From $2.07 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.4.91 out of 5 starsFinance Sector42nd out of 882 stocksSavings Institutions, Except Federal Industry2nd out of 19 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, Berkshire Hills Bancorp has a forecasted upside of 16.3% from its current price of $21.49.Amount of Analyst CoverageBerkshire Hills Bancorp has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.92% 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 decreased by 16.49%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldBerkshire Hills Bancorp pays a meaningful dividend of 3.36%, 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 45.00%. This payout ratio is at a healthy, sustainable level, below 75%.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 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerkshire Hills Bancorp has received a 4.90% 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 "Home insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Berkshire Hills Bancorp is -0.84. Previous Next 3.8 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 higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Berkshire Hills Bancorp this week, compared to 2 articles on an average week.Search Interest1 people have searched for BHLB on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Berkshire Hills Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. 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 $5,219,346.00 in company stock.Percentage Held by InsidersOnly 1.83% of the stock of Berkshire Hills Bancorp is held by insiders.Percentage Held by Institutions82.24% 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 18.84% in the coming year, from $2.07 to $2.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berkshire Hills Bancorp is 13.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Berkshire Hills Bancorp is 13.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.43.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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceMake This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…See Why This $3.00 Stock Could Hit $15.00 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 HeadlinesMarch 11, 2024 | insidertrades.comInsider Selling: Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Director Sells 10,074 Shares of StockMarch 18, 2024 | americanbankingnews.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) to Issue Quarterly Dividend of $0.18March 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 16, 2024 | americanbankingnews.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) Given Average Rating of "Hold" by BrokeragesMarch 12, 2024 | americanbankingnews.comBerkshire Hills Bancorp (NYSE:BHLB) Lowered to Sell at StockNews.comMarch 10, 2024 | americanbankingnews.comBaye Adofo-Wilson Sells 10,074 Shares of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) StockMarch 7, 2024 | prnewswire.comBerkshire Hills Announces Quarterly Shareholder DividendMarch 5, 2024 | msn.comArrow Financial Acquires Berkshire Bank Branch In Whitehall, New YorkMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.March 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)December 13, 2023 | finance.yahoo.comBerkshire Hills Bancorp Leadership Featured On New York Stock ExchangeSee 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 Last Earnings1/25/2024Today3/18/2024Ex-Dividend for 4/4 Dividend3/20/2024Dividend Payable4/04/2024Next Earnings (Estimated)4/18/2024Fiscal 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+16.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio13.43 Forward P/E Ratio10.38 P/E GrowthN/ANet Income$69.60 million Net Margins11.24% Pretax Margin12.65% Return on Equity9.48% Return on Assets0.76% Debt Debt-to-Equity Ratio0.24 Current Ratio0.93 Quick Ratio0.93 Sales & Book Value Annual Sales$619.08 million Price / Sales1.51 Cash Flow$2.64 per share Price / Cash Flow8.13 Book Value$23.18 per share Price / Book0.93Miscellaneous Outstanding Shares43,620,000Free Float42,826,000Market Cap$937.39 million OptionableOptionable Beta0.86 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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 CommunicationsMs. Jacqueline Courtwright (Age 60)Senior EVP and Chief Human Resources Officer & Culture Officer More ExecutivesKey CompetitorsHingham Institution for SavingsNASDAQ:HIFSHome BancorpNASDAQ:HBCPNew York Community BancorpNYSE:NYCBHeritage FinancialNASDAQ:HFWASouthern Missouri BancorpNASDAQ:SMBCView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 53,416 shares on 3/11/2024Ownership: 11.521%Baye Adofo-WilsonSold 10,074 sharesTotal: $223,542.06 ($22.19/share)Wellington Management Group LLPBought 43,822 shares on 3/5/2024Ownership: 3.271%American International Group Inc.Sold 554 shares on 2/28/2024Ownership: 0.054%Michael ZaitzeffSold 27,000 sharesTotal: $605,610.00 ($22.43/share)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 equities research analysts have issued 1-year 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 twelve months. This suggests a possible upside of 16.3% 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 at the start of the year. Since then, BHLB stock has decreased by 13.5% and is now trading at $21.49. View the best growth stocks for 2024 here. Are investors shorting Berkshire Hills Bancorp? Berkshire Hills Bancorp saw a decrease in short interest during the month of February. As of February 29th, there was short interest totaling 825,900 shares, a decrease of 16.5% from the February 14th total of 989,000 shares. Based on an average daily volume of 241,000 shares, the short-interest ratio is presently 3.4 days. Approximately 1.9% of the company's 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, April 18th 2024. View our BHLB earnings forecast. How were Berkshire Hills Bancorp's earnings last quarter? Berkshire Hills Bancorp, Inc. (NYSE:BHLB) released its quarterly earnings results on Thursday, January, 25th. The savings and loans company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.02. The savings and loans company earned $142.15 million during the quarter, compared to analyst estimates of $109.05 million. Berkshire Hills Bancorp had a net margin of 11.24% and a trailing twelve-month return on equity of 9.48%. During the same quarter in the prior year, the company earned $0.64 earnings per share. 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. Shareholders 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 yield of 3.35%. 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 3.36%. The dividend payout ratio is 45.00%. This payout ratio is at a healthy, sustainable level, below 75%. 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.51%), Vanguard Group Inc. (11.52%), Dimensional Fund Advisors LP (5.78%), Wellington Management Group LLP (3.27%), Boston Partners (1.42%) and Northern Trust Corp (1.24%). Insiders that own company stock include Baye Adofo-Wilson, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BHLB) was last updated on 3/19/2024 by MarketBeat.com Staff From Our Partners8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyStock-Picking AI Predicts #1 Stock of 2024Altimetry 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. 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