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NYSE:BHLB - Berkshire Hills Bancorp Stock Price, Forecast & News

$31.84
+0.36 (+1.14 %)
(As of 12/8/2019 04:00 PM ET)
Today's Range
$31.80
Now: $31.84
$32.20
50-Day Range
$29.94
MA: $31.48
$32.73
52-Week Range
$25.77
Now: $31.84
$33.33
Volume291,191 shs
Average Volume155,730 shs
Market Capitalization$1.59 billion
P/E Ratio11.75
Dividend Yield2.92%
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$2.77 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 paid a dividend of $0.23 per share on Wednesday, November 27th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date 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) released its quarterly earnings data on Monday, October, 28th. The savings and loans company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. The savings and loans company earned $118.28 million during the quarter, compared to the consensus estimate 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 twelve-month price targets for Berkshire Hills Bancorp's shares. Their forecasts range from $24.00 to $36.00. On average, they expect Berkshire Hills Bancorp's stock price to reach $31.50 in the next year. This suggests that the stock has a possible downside of 1.1%. 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 stories about BHLB stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Berkshire Hills Bancorp earned a news impact score of -2.1 on InfoTrie's scale. They also gave news headlines about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely 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 during the month of November. As of November 15th, there was short interest totalling 492,600 shares, a decline of 9.5% from the October 31st total of 544,100 shares. Based on an average trading volume of 208,600 shares, the short-interest ratio is currently 2.4 days. Approximately 1.1% of the company's stock 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), Boeing (BA), Visa (V), Amgen (AMGN), Intel (INTC), Paypal (PYPL), Starbucks (SBUX), Abbott Laboratories (ABT) and Fly Leasing (FLY).

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 many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.01%), Systematic Financial Management LP (1.24%), Millennium Management LLC (0.91%), Hillcrest Asset Management LLC (0.68%), Foundry Partners LLC (0.50%) and Hennessy Advisors Inc. (0.36%). Company insiders that own Berkshire Hills Bancorp stock include David Brunelle, 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 State Street Corp, Systematic Financial Management LP, First Trust Advisors LP, Hillcrest Asset Management LLC, Commonwealth Equity Services LLC, SG Americas Securities LLC, Boston Private Wealth LLC and Teton Advisors Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., Barclays PLC, Raffles Associates LP, State of Tennessee Treasury Department, Assenagon Asset Management S.A., Hennessy Advisors Inc. and State of Alaska Department of Revenue. 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 $31.84.

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:  237 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  601
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 12/8/2019 by MarketBeat.com Staff

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