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

$28.36
-1.31 (-4.42 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$28.24
Now: $28.36
$29.6582
50-Day Range
$28.74
MA: $30.72
$33.16
52-Week Range
$25.77
Now: $28.36
$43.40
Volume178,961 shs
Average Volume204,698 shs
Market Capitalization$1.44 billion
P/E Ratio10.46
Dividend Yield3.09%
Beta1.06
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$2.6090 per share
Book Value$34.17 per share

Profitability

Net Income$105.76 million

Miscellaneous

Employees1,917
Market Cap$1.44 billion
Next Earnings Date10/16/2019 (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 Tuesday, July 23rd. Shareholders of record on Thursday, August 8th will be paid a dividend of $0.23 per share on Thursday, August 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date is Wednesday, August 7th. View Berkshire Hills Bancorp's Dividend History.

How were Berkshire Hills Bancorp's earnings last quarter?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) released its earnings results on Tuesday, July, 23rd. The savings and loans company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.02. The savings and loans company had revenue of $109.11 million for the quarter, compared to the consensus estimate of $114.10 million. Berkshire Hills Bancorp had a return on equity of 7.76% and a net margin of 16.28%. 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, October 16th 2019. View Earnings Estimates for Berkshire Hills Bancorp.

What price target have analysts set for BHLB?

4 Wall Street analysts have issued 1-year price targets for Berkshire Hills Bancorp's shares. Their predictions range from $24.00 to $36.00. On average, they anticipate Berkshire Hills Bancorp's stock price to reach $31.50 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. 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?

News stories about BHLB stock have been trending positive on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Berkshire Hills Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the savings and loans company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Berkshire Hills Bancorp.

Are investors shorting Berkshire Hills Bancorp?

Berkshire Hills Bancorp saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 892,700 shares, a decrease of 7.7% from the June 30th total of 967,600 shares. Based on an average trading volume of 275,600 shares, the short-interest ratio is presently 3.2 days. Currently, 2.3% of the company's stock are short sold. 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 Paypal (PYPL), Fly Leasing (FLY), Visa (V), Exxon Mobil (XOM), Alphabet (GOOG), Boeing (BA), Mastercard (MA), American Airlines Group (AAL), Amgen (AMGN) 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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.91%), BlackRock Inc. (13.32%), Vanguard Group Inc. (10.33%), LSV Asset Management (2.93%), Victory Capital Management Inc. (2.51%) and Nuveen Asset Management LLC (2.30%). Company insiders that own Berkshire Hills Bancorp stock include David Brunelle, James Williar Dunlaevy, John B Davies, Michael D Carroll, Michael P Daly, 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 major investors are selling Berkshire Hills Bancorp stock?

BHLB stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, Westwood Holdings Group Inc., Allianz Asset Management GmbH, Bank of America Corp DE, Ellis Investment Partners LLC, Eagle Boston Investment Management Inc., Pinebridge Investments L.P. and Systematic Financial Management LP. 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 major investors are buying Berkshire Hills Bancorp stock?

BHLB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Invesco Ltd., Nuveen Asset Management LLC, Victory Capital Management Inc., Balyasny Asset Management LLC and Morgan Stanley. 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, Scottrade, Fidelity and Charles Schwab.

What is Berkshire Hills Bancorp's stock price today?

One share of BHLB stock can currently be purchased for approximately $28.36.

How big of a company is Berkshire Hills Bancorp?

Berkshire Hills Bancorp has a market capitalization of $1.44 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:  225 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  563
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 8/24/2019 by MarketBeat.com Staff

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