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

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

Berkshire Hills Bancorp declared 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 3.48%. The ex-dividend date is Thursday, February 13th. This is an increase from Berkshire Hills Bancorp's previous quarterly dividend of $0.23. View Berkshire Hills Bancorp's Dividend History.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) issued its quarterly earnings results on Monday, January, 27th. The savings and loans company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. The savings and loans company earned $114.70 million during the quarter, compared to the consensus estimate of $115.50 million. Berkshire Hills Bancorp had a net margin of 16.42% and a return on equity of 7.81%. View Berkshire Hills Bancorp's Earnings History.

Berkshire Hills Bancorp is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Berkshire Hills Bancorp.

4 Wall Street analysts have issued twelve-month price targets for Berkshire Hills Bancorp's stock. 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 twelve months. This suggests a possible upside of 23.3% from the stock's current price. View Analyst Price Targets 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.

Headlines about BHLB stock have trended very positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Berkshire Hills Bancorp earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave headlines about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Berkshire Hills Bancorp.

Berkshire Hills Bancorp saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 752,500 shares, a drop of 13.8% from the January 15th total of 873,200 shares. Based on an average daily trading volume, of 179,300 shares, the days-to-cover ratio is presently 4.2 days. Approximately 1.7% of the company's shares are sold short. View Berkshire Hills Bancorp's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Berkshire Hills Bancorp investors own include Exxon Mobil (XOM), PepsiCo (PEP), AbbVie (ABBV), Boeing (BA), Dominion Energy (D), Fly Leasing (FLY), Fortress Transprtn and Infr Investrs (FTAI), IBM (IBM), Marathon Petroleum (MPC) and Pfizer (PFE).

Berkshire Hills Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.04%), LSV Asset Management (2.50%), Victory Capital Management Inc. (2.46%), Victory Capital Management Inc. (2.45%), Westwood Holdings Group Inc. (1.93%) and Bank of New York Mellon Corp (1.35%). 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 M Marotta and Wm Gordon Prescott. View Institutional Ownership Trends for Berkshire Hills Bancorp.

BHLB stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Bank of America Corp DE, LSV Asset Management, Arizona State Retirement System, Barclays PLC, Victory Capital Management Inc., US Bancorp DE and California Public Employees Retirement System. 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.

BHLB stock was purchased by a variety of institutional investors in the last quarter, including EJF Capital LLC, Great West Life Assurance Co. Can, Mackay Shields LLC, Prudential Financial Inc., Foundry Partners LLC, Strs Ohio, Renaissance Technologies LLC and CWM LLC. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include David Brunelle, John B Davies, Paul T Bossidy, Richard M Marotta and Wm Gordon Prescott. View Insider Buying and Selling for 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.

One share of BHLB stock can currently be purchased for approximately $27.57.

Berkshire Hills Bancorp has a market capitalization of $1.38 billion 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]