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

$31.93
+0.19 (+0.60 %)
(As of 11/20/2019 06:00 AM ET)
Today's Range
$31.58
Now: $31.93
$32.03
50-Day Range
$28.11
MA: $30.55
$32.73
52-Week Range
$25.77
Now: $31.93
$34.97
Volume172,620 shs
Average Volume195,191 shs
Market Capitalization$1.59 billion
P/E Ratio11.78
Dividend Yield2.88%
Beta1.08
Berkshire Hills Bancorp, Inc operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, 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. Read More…

Industry, Sector and Symbol

Industry Savings institutions, except federal
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
CUSIP08468010
Phone800-773-5601

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$581.06 million
Cash Flow$2.74 per share
Book Value$33.30 per share

Profitability

Net Income$105.76 million

Miscellaneous

Employees1,917
Market Cap$1.59 billion
Next Earnings Date1/22/2020 (Estimated)
OptionableOptionable

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Berkshire Hills Bancorp (NYSE:BHLB) Frequently Asked Questions

What is Berkshire Hills Bancorp's stock symbol?

Berkshire Hills Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHLB."

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 Monday, October 28th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.23 per share on Wednesday, November 27th. This represents a $0.92 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Wednesday, November 13th. View Berkshire Hills Bancorp's Dividend History.

How were Berkshire Hills Bancorp's earnings last quarter?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) posted its quarterly earnings data on Monday, October, 28th. The savings and loans company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.02. The savings and loans company earned $118.28 million during the quarter, compared to analyst estimates of $120.37 million. Berkshire Hills Bancorp had a return on equity of 7.68% and a net margin of 14.48%. View Berkshire Hills Bancorp's Earnings History.

When is Berkshire Hills Bancorp's next earnings date?

Berkshire Hills Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Berkshire Hills Bancorp.

What price target have analysts set for BHLB?

4 Wall Street analysts have issued 12 month target prices for Berkshire Hills Bancorp's shares. Their forecasts range from $24.00 to $36.00. On average, they anticipate Berkshire Hills Bancorp's share price to reach $31.50 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Berkshire Hills Bancorp.

What is the consensus analysts' recommendation for Berkshire Hills Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hills Bancorp in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Berkshire Hills Bancorp.

Has Berkshire Hills Bancorp been receiving favorable news coverage?

Media headlines about BHLB stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Berkshire Hills Bancorp earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the savings and loans company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Berkshire Hills Bancorp.

Are investors shorting Berkshire Hills Bancorp?

Berkshire Hills Bancorp saw a decline in short interest in October. As of October 31st, there was short interest totalling 492,600 shares, a decline of 9.5% from the September 30th total of 544,100 shares. Based on an average daily volume of 208,600 shares, the short-interest ratio is presently 2.4 days. Currently, 1.1% of the shares of the company are sold short. View Berkshire Hills Bancorp's Current Options Chain.

Who are some of Berkshire Hills Bancorp's key competitors?

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 Exxon Mobil (XOM), PepsiCo (PEP), Paypal (PYPL), Boeing (BA), Fly Leasing (FLY), Visa (V), American Airlines Group (AAL), Amgen (AMGN), Alphabet (GOOG) and Intel (INTC).

Who are Berkshire Hills Bancorp's key executives?

Berkshire Hills Bancorp's management team includes the folowing people:
  • Mr. Richard M. Marotta, Pres, CEO & Director (Age 60)
  • Mr. James M. Moses, Sr. Exec. VP, CFO & Head of Investor Relations (Age 42)
  • Ms. Linda A. Johnston, Consultant (Age 66)
  • Mr. Sean A. Gray, Sr. Exec. VP (Age 43)
  • Mr. George F. Bacigalupo, Sr. Exec. VP (Age 64)

Who are Berkshire Hills Bancorp's major shareholders?

Berkshire Hills Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Systematic Financial Management LP (1.24%), Hillcrest Asset Management LLC (0.68%), Foundry Partners LLC (0.50%), Hennessy Advisors Inc. (0.36%), Rhumbline Advisers (0.29%) and California Public Employees Retirement System (0.24%). Company insiders that own Berkshire Hills Bancorp stock include David Brunelle, James Williar Dunlaevy, John B Davies, Michael D Carroll, Patrick J Sheehan, Paul T Bossidy, Rheo A Brouillard, Richard L Murphy, Richard M Marotta, William J Ryan and Wm Gordon Prescott. View Institutional Ownership Trends for Berkshire Hills Bancorp.

Which institutional investors are selling Berkshire Hills Bancorp stock?

BHLB stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, First Trust Advisors LP, Hillcrest Asset Management LLC, Commonwealth Equity Services LLC, SG Americas Securities LLC, Boston Private Wealth LLC, Teton Advisors Inc. and Comerica Bank. Company insiders that have sold Berkshire Hills Bancorp company stock in the last year include Patrick J Sheehan and Rheo A Brouillard. View Insider Buying and Selling for Berkshire Hills Bancorp.

Which institutional investors are buying Berkshire Hills Bancorp stock?

BHLB stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of Tennessee Treasury Department, Assenagon Asset Management S.A., Hennessy Advisors Inc., State of Alaska Department of Revenue, California Public Employees Retirement System, Foundry Partners LLC and Sciencast Management LP. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include David Brunelle, John B Davies, Patrick J Sheehan, Paul T Bossidy, Richard L Murphy, Richard M Marotta, William J Ryan and Wm Gordon Prescott. View Insider Buying and Selling for Berkshire Hills Bancorp.

How do I buy shares of Berkshire Hills Bancorp?

Shares of BHLB 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 Berkshire Hills Bancorp's stock price today?

One share of BHLB stock can currently be purchased for approximately $31.93.

How big of a company is Berkshire Hills Bancorp?

Berkshire Hills Bancorp has a market capitalization of $1.59 billion and generates $581.06 million in revenue each year. The savings and loans company earns $105.76 million in net income (profit) each year or $2.71 on an earnings per share basis. Berkshire Hills Bancorp employs 1,917 workers across the globe.View Additional Information About Berkshire Hills Bancorp.

What is Berkshire Hills Bancorp's official website?

The official website for Berkshire Hills Bancorp is http://www.berkshirebank.com/.

How can I contact Berkshire Hills Bancorp?

Berkshire Hills Bancorp's mailing address is 60 STATE STREET 38TH FLOOR, BOSTON MA, 02109. The savings and loans company can be reached via phone at 800-773-5601 or via email at [email protected]


MarketBeat Community Rating for Berkshire Hills Bancorp (NYSE BHLB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  594
MarketBeat's community ratings are surveys of what our community members think about Berkshire Hills Bancorp and other stocks. Vote "Outperform" if you believe BHLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BHLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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