NYSE:BHLBBerkshire Hills Bancorp Stock Price, Forecast & News

Berkshire Hills Bancorp's stock was trading at $19.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BHLB shares have decreased by 44.9% and is now trading at $10.46.
View which stocks have been most 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 1 sell rating, 1 hold rating and 2 buy ratings 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, October 26th 2020.
View our earnings forecast for Berkshire Hills Bancorp.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) issued its quarterly earnings results on Wednesday, July, 29th. The savings and loans company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.25. The savings and loans company had revenue of $94.97 million for the quarter, compared to analyst estimates of $105.70 million. Berkshire Hills Bancorp had a negative net margin of 95.25% and a positive return on equity of 3.87%.
View Berkshire Hills Bancorp's earnings history.

Berkshire Hills Bancorp declared a quarterly dividend on Thursday, June 18th. Shareholders of record on Monday, June 29th will be given a dividend of $0.24 per share on Monday, July 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.18%. The ex-dividend date is Friday, June 26th.
View Berkshire Hills Bancorp's dividend history.

4 brokers have issued 12 month price objectives for Berkshire Hills Bancorp's stock. Their forecasts range from $13.00 to $14.50. On average, they expect Berkshire Hills Bancorp's stock price to reach $13.67 in the next year. This suggests a possible upside of 30.7% from the stock's current price.
View analysts' price targets for Berkshire Hills Bancorp.

Media stories about BHLB stock have been trending very positive recently, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Berkshire Hills Bancorp earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Berkshire Hills Bancorp.

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

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

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

Berkshire Hills Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (2.36%), Fourthstone LLC (0.89%), Principal Financial Group Inc. (0.70%), Hennessy Advisors Inc. (0.46%), Foundry Partners LLC (0.37%) and Grace & White Inc. NY (0.33%). Company insiders that own Berkshire Hills Bancorp stock include David Brunelle, John B Davies, Patrick J Sheehan, 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 Foundry Partners LLC, LSV Asset Management, Russell Investments Group Ltd., Texas Permanent School Fund, PNC Financial Services Group Inc., US Bancorp DE, and Carl P. Sherr & Co. LLC.
View insider buying and selling activity for Berkshire Hills Bancorp.

BHLB stock was purchased by a variety of institutional investors in the last quarter, including Fourthstone LLC, Hennessy Advisors Inc., Grace & White Inc. NY, Assenagon Asset Management S.A., Trexquant Investment LP, Nisa Investment Advisors LLC, First Trust Advisors LP, and Rafferty Asset Management LLC. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include David Brunelle, John B Davies, Richard M Marotta, and Wm Gordon Prescott.
View insider buying and selling activity 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 $10.46.

Berkshire Hills Bancorp has a market capitalization of $524.99 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.

The official website for Berkshire Hills Bancorp is 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]