NYSE:BHLB Berkshire Hills Bancorp - BHLB Stock Forecast, Price & News 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. Please log in to your account or sign up in order to add this asset to your watchlist. $25.06 +0.02 (+0.08%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$24.86▼$25.3450-Day Range$24.33▼$31.4052-Week Range$23.04▼$31.63Volume287,264 shsAverage Volume477,961 shsMarket Capitalization$1.11 billionP/E Ratio12.34Dividend Yield2.87%Price Target$29.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Berkshire Hills Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside16.7% Upside$29.25 Price TargetShort InterestHealthy3.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.54Upright™ Environmental ScoreNews Sentiment0.68Based on 4 Articles This WeekInsider TradingAcquiring Shares$100,994 Bought Last QuarterProj. Earnings Growth6.05%From $2.48 to $2.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsFinance Sector458th out of 890 stocksSavings Institutions, Except Federal Industry9th out of 16 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 2 buy ratings, no hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.25, Berkshire Hills Bancorp has a forecasted upside of 16.7% from its current price of $25.06.Amount of Analyst CoverageBerkshire Hills Bancorp has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.77% 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 4.9.Change versus previous monthShort interest in Berkshire Hills Bancorp has recently decreased by 8.89%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldBerkshire Hills Bancorp pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerkshire Hills Bancorp has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Berkshire Hills Bancorp is 35.47%. 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 27.38% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerkshire Hills Bancorp has received a 23.63% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Home insurance services for individuals", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", and "Debit cards" products. See details.Environmental SustainabilityThe Environmental Impact score for Berkshire Hills Bancorp is -0.54. Previous Next 2.6 News and Social Media Coverage News SentimentBerkshire Hills Bancorp has a news sentiment score of 0.68. 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 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Berkshire Hills Bancorp this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berkshire Hills Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,994.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.90% of the stock of Berkshire Hills Bancorp is held by insiders.Percentage Held by Institutions80.73% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Berkshire Hills Bancorp are expected to grow by 6.05% in the coming year, from $2.48 to $2.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berkshire Hills Bancorp is 12.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Berkshire Hills Bancorp is 12.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 135.23.Price to Book Value per Share RatioBerkshire Hills Bancorp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Berkshire Hills Bancorp (NYSE:BHLB) StockBerkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The firm offers deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. It aims to expand and deepen market share and wallet share through organic growth and acquisition strategies. The company was founded in June 2000 and is headquartered in Boston, MA.Read More 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 BHLB Stock News HeadlinesMarch 28, 2023 | finance.yahoo.com3 Savings & Loan Stocks to Watch Despite SVB, SBNY FiascoMarch 27, 2023 | americanbankingnews.comStockNews.com Downgrades Berkshire Hills Bancorp (NYSE:BHLB) to SellApril 1, 2023 | Investorplace Media (Ad)5 Stocks to Buy ImmediatelyAmerica’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. March 16, 2023 | finance.yahoo.com10 Best Stocks to Buy for Medium TermFebruary 3, 2023 | msn.comBerkshire Hills Bancorp declares $0.18 dividendJanuary 30, 2023 | finance.yahoo.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | seekingalpha.comBerkshire Hills Bancorp, Inc. (BHLB) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comBerkshire Hills Bancorp (BHLB) Meets Q4 Earnings EstimatesApril 1, 2023 | Investorplace Media (Ad)5 Stocks to Buy ImmediatelyAmerica’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. January 26, 2023 | finance.yahoo.comBERKSHIRE HILLS REPORTS RECORD FOURTH QUARTER RESULTSJanuary 17, 2023 | finance.yahoo.comBerkshire Hills Bancorp Names New ExecutivesJanuary 4, 2023 | finance.yahoo.comBerkshire Hills Bancorp, Inc. (NYSE:BHLB) is largely controlled by institutional shareholders who own 84% of the companyJanuary 3, 2023 | seekingalpha.comBerkshire Hills Bancorp: Earnings Likely To Recover Thanks To Topline GrowthDecember 23, 2022 | seekingalpha.comBHLB Berkshire Hills Bancorp, Inc.December 8, 2022 | finance.yahoo.comInvestors in Berkshire Hills Bancorp (NYSE:BHLB) have unfortunately lost 7.9% over the last five yearsNovember 11, 2022 | finance.yahoo.comIs It Worth Considering Berkshire Hills Bancorp, Inc. (NYSE:BHLB) For Its Upcoming Dividend?November 10, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights American Financial Group, Berkshire Hills Bancorp, Snap-on, Northern Oil and Gas and Service CorporationNovember 10, 2022 | finance.yahoo.comBerkshire Bank Team Rings NYSE Opening BellNovember 8, 2022 | finance.yahoo.comBerkshire Hills Bancorp Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 4, 2022 | finance.yahoo.comBerkshire Hills Announces 50% Increase in Quarterly Shareholder DividendOctober 20, 2022 | finance.yahoo.comBerkshire Hills Reports Third Quarter ResultsOctober 20, 2022 | finance.yahoo.comBerkshire Hills Bancorp (BHLB) Beats Q3 Earnings and Revenue EstimatesOctober 19, 2022 | msn.comEarnings Outlook For Berkshire Hills BancorpOctober 18, 2022 | finance.yahoo.comAre Finance Stocks Lagging Berkshire Hills Bancorp (BHLB) This Year?October 18, 2022 | finance.yahoo.comAre Finance Stocks Lagging Berkshire Hills Bancorp (BHLB) This Year?October 14, 2022 | msn.comPiper Sandler Downgrades Berkshire Hills Bancorp: Here's What You Need To KnowOctober 13, 2022 | finance.yahoo.comBerkshire Hills Announces Executive ChangeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 BHLB Company Calendar Last Earnings1/26/2023Ex-Dividend for 3/2 Dividend2/15/2023Dividend Payable3/02/2023Today4/01/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Savings institutions, except federal Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNYSE:BHLB CUSIP08468010 CIK1108134 Webwww.berkshirebank.com Phone(617) 641-9206Fax413-443-3587Employees1,310Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.25 High Stock Price Forecast$34.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+16.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.03 Trailing P/E Ratio12.34 Forward P/E Ratio10.10 P/E GrowthN/ANet Income$92.53 million Net Margins20.28% Pretax Margin24.95% Return on Equity10.04% Return on Assets0.86% Debt Debt-to-Equity Ratio0.13 Current Ratio0.87 Quick Ratio0.87 Sales & Book Value Annual Sales$456.19 million Price / Sales2.44 Cash Flow$2.60 per share Price / Cash Flow9.62 Book Value$21.19 per share Price / Book1.18Miscellaneous Outstanding Shares44,470,000Free Float44,070,000Market Cap$1.11 billion OptionableOptionable Beta1.00 Key ExecutivesNitin J. MhatrePresident, Chief Executive Officer & DirectorR. David RosatoChief Financial Officer & Senior Executive VPJason T. WhiteChief Information Officer & Senior Executive VPAshlee FloresChief Compliance Officer & Executive VPSean A. GraySenior Executive Vice PresidentKey CompetitorsHeritage FinancialNASDAQ:HFWASouthern Missouri BancorpNASDAQ:SMBCEncore Capital GroupNASDAQ:ECPGEmployersNYSE:EIGPathward FinancialNASDAQ:CASHView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 14,826 shares on 3/28/2023Ownership: 0.033%Nitin J MhatreBought 3,900 shares on 3/15/2023Total: $96,018.00 ($24.62/share)William H Hughes IIIBought 190 shares on 3/14/2023Total: $4,976.10 ($26.19/share)Voya Investment Management LLCSold 4,855 shares on 2/28/2023Ownership: 0.315%Alliancebernstein L.P.Bought 13,547 shares on 2/16/2023Ownership: 3.672%View All Insider TransactionsView All Institutional Transactions BHLB Stock - Frequently Asked Questions Should I buy or sell Berkshire Hills Bancorp stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hills Bancorp in the last year. There are currently 2 sell ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 4 analysts have issued 12-month price objectives for Berkshire Hills Bancorp's stock. Their BHLB share price forecasts range from $23.00 to $34.00. On average, they anticipate the company's share price to reach $29.25 in the next twelve months. This suggests a possible upside of 16.7% 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 stock has decreased by 16.2% and is now trading at $25.06. View the best growth stocks for 2023 here. Are investors shorting Berkshire Hills Bancorp? Berkshire Hills Bancorp saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 1,640,000 shares, a decline of 8.9% from the February 28th total of 1,800,000 shares. Based on an average daily volume of 331,500 shares, the short-interest ratio is currently 4.9 days. Currently, 3.8% of the shares of the 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 Wednesday, April 19th 2023. View our BHLB earnings forecast. How were Berkshire Hills Bancorp's earnings last quarter? Berkshire Hills Bancorp, Inc. (NYSE:BHLB) posted its earnings results on Thursday, January, 26th. The savings and loans company reported $0.64 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.64. The savings and loans company earned $137.04 million during the quarter, compared to the consensus estimate of $111.35 million. Berkshire Hills Bancorp had a net margin of 20.28% and a trailing twelve-month return on equity of 10.04%. During the same period in the previous year, the firm earned $0.42 EPS. 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 Friday, February 3rd. Investors of record on Thursday, February 16th will be given a dividend of $0.18 per share on Thursday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date is Wednesday, February 15th. Read our dividend analysis for BHLB. What ETFs hold Berkshire Hills Bancorp's stock? ETFs with the largest weight of Berkshire Hills Bancorp (NYSE:BHLB) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), Cambria Value and Momentum ETF (VAMO), Roundhill Acquirers Deep Value ETF (DEEP), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Active Factor Small Cap ETF (AFSM) and SPDR S&P Regional Banking ETF (KRE). 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 2.81%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BHLB will have a dividend payout ratio of 27.38% 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). 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 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. What is Berkshire Hills Bancorp's stock price today? One share of BHLB stock can currently be purchased for approximately $25.06. How much money does Berkshire Hills Bancorp make? Berkshire Hills Bancorp (NYSE:BHLB) has a market capitalization of $1.11 billion and generates $456.19 million in revenue each year. The savings and loans company earns $92.53 million in net income (profit) each year or $2.03 on an earnings per share basis. How many employees does Berkshire Hills Bancorp have? The company employs 1,310 workers across the globe. How can I contact Berkshire Hills Bancorp? Berkshire Hills Bancorp's mailing address is 60 STATE STREET 38TH FLOOR, BOSTON MA, 02109. The official website for the company is www.berkshirebank.com. The savings and loans company can be reached via phone at (617) 641-9206, via email at investorrelations@berkshirebank.com, or via fax at 413-443-3587. This page (NYSE:BHLB) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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