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

Berkshire Hills Bancorp's stock was trading at $19.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BHLB shares have decreased by 25.4% and is now trading at $14.18. View which stocks have been mosted impacted by Coronavirus.

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.

Berkshire Hills Bancorp is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Berkshire Hills Bancorp.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) posted its earnings results on Monday, January, 27th. The savings and loans company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The savings and loans company had revenue of $114.70 million for the quarter, compared to analyst estimates of $115.50 million. Berkshire Hills Bancorp had a return on equity of 7.81% and a net margin of 16.42%. View Berkshire Hills Bancorp's earnings history.

Berkshire Hills Bancorp announced a quarterly dividend on Monday, January 27th. Shareholders of record on Monday, February 17th will be given a dividend of $0.24 per share on Friday, February 28th. This represents a $0.96 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date is Thursday, February 13th. This is a boost from Berkshire Hills Bancorp's previous quarterly dividend of $0.23. View Berkshire Hills Bancorp's dividend history.

4 brokerages have issued 1-year price targets for Berkshire Hills Bancorp's shares. Their forecasts range from $33.00 to $36.00. On average, they expect Berkshire Hills Bancorp's share price to reach $34.00 in the next year. This suggests a possible upside of 139.8% from the stock's current price. View analysts' price targets for Berkshire Hills Bancorp.

Media coverage about BHLB stock has been trending very negative on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Berkshire Hills Bancorp earned a news sentiment score of -3.7 on InfoTrie's scale. They also assigned media headlines about the savings and loans company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutBerkshire Hills Bancorp.

Berkshire Hills Bancorp saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 884,000 shares, an increase of 12.2% from the February 13th total of 787,700 shares. Based on an average daily volume of 193,900 shares, the short-interest ratio is presently 4.6 days. Approximately 1.9% of the shares of the company are short sold. View Berkshire Hills Bancorp's Current Options Chain.

Some companies that are related to Berkshire Hills Bancorp include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Simply Good Foods (SMPL), Walker & Dunlop (WD), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Berkshire Hills Bancorp investors own include Exxon Mobil (XOM), PepsiCo (PEP), Dominion Energy (D), IBM (IBM), Pfizer (PFE), AT&T (T), AbbVie (ABBV), Abbott Laboratories (ABT), Boeing (BA) and Fly Leasing (FLY).

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

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.

One share of BHLB stock can currently be purchased for approximately $14.18.

Berkshire Hills Bancorp has a market capitalization of $711.84 million and generates $593.52 million in revenue each year. The savings and loans company earns $97.45 million in net income (profit) each year or $2.40 on an earnings per share basis. Berkshire Hills Bancorp employs 1,917 workers across the globe. View additional information about Berkshire Hills Bancorp.

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

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]