Berkshire Hills Bancorp Stock Forecast, Price & News

Berkshire Hills Bancorp (NYSE:BHLB) Frequently Asked Questions

Is Berkshire Hills Bancorp a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hills Bancorp in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Berkshire Hills Bancorp stock. 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 analyst ratings for Berkshire Hills Bancorp or view top-rated stocks.

How has Berkshire Hills Bancorp's stock price been impacted by COVID-19?

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. Since then, BHLB stock has increased by 44.3% and is now trading at $27.41.
View which stocks have been most impacted by COVID-19.

When is Berkshire Hills Bancorp's next earnings date?

Berkshire Hills Bancorp is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Berkshire Hills Bancorp.

How were Berkshire Hills Bancorp's earnings last quarter?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) posted its quarterly earnings data on Wednesday, October, 20th. The savings and loans company reported $1.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.92. Berkshire Hills Bancorp had a trailing twelve-month return on equity of 6.60% and a net margin of 23.12%. During the same quarter in the prior year, the company earned $0.53 EPS.
View Berkshire Hills Bancorp's earnings history.

How often does Berkshire Hills Bancorp pay dividends? What is the dividend yield for Berkshire Hills Bancorp?

Berkshire Hills Bancorp declared a quarterly dividend on Monday, November 1st. Stockholders of record on Thursday, November 11th will be given a dividend of $0.12 per share on Wednesday, November 24th. This represents a $0.48 annualized dividend and a yield of 1.75%. The ex-dividend date is Tuesday, November 9th.
View Berkshire Hills Bancorp's dividend history.

Is Berkshire Hills Bancorp a good dividend stock?

Berkshire Hills Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.72%. Berkshire Hills Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Berkshire Hills Bancorp is 20.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Berkshire Hills Bancorp will have a dividend payout ratio of 30.77% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its dividend.
View Berkshire Hills Bancorp's dividend history.

What price target have analysts set for BHLB?

5 equities research analysts have issued twelve-month target prices for Berkshire Hills Bancorp's stock. Their forecasts range from $23.00 to $32.00. On average, they expect Berkshire Hills Bancorp's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price.
View analysts' price targets for Berkshire Hills Bancorp or view top-rated stocks among Wall Street analysts.

Who are Berkshire Hills Bancorp's key executives?

Berkshire Hills Bancorp's management team includes the following people:

• Nitin J. Mhatre, President, Chief Executive Officer & Director (LinkedIn Profile)
• Subhadeep Basu, Chief Financial Officer & Senior Executive VP (LinkedIn Profile)
• Deborah A. Stephenson, Senior Executive VP-Compliance & Regulatory
• Sean A. Gray, Senior Executive Vice President
• Georgia Melas, Chief Credit Officer & Senior Executive VP

What is Sean Gray's approval rating as Berkshire Hills Bancorp's CEO?

7 employees have rated Berkshire Hills Bancorp CEO Sean Gray on Glassdoor.com. Sean Gray has an approval rating of 78% among Berkshire Hills Bancorp's employees.

Who are some of Berkshire Hills Bancorp's key competitors?

Some companies that are related to Berkshire Hills Bancorp include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), MGIC Investment (MTG), Walker & Dunlop (WD), Radian Group (RDN), Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), LendingTree (TREE), Dime Community Bancshares (DCOM) and Federal Agricultural Mortgage (AGM).
View all of BHLB's 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 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 Fortress Transportation and Infrastructure Investors (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."

Who are Berkshire Hills Bancorp's major shareholders?

Berkshire Hills Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.80%), Dimensional Fund Advisors LP (5.95%), Alliancebernstein L.P. (3.54%), William Blair Investment Management LLC (3.15%), Invesco Ltd. (1.95%) and Geode Capital Management LLC (1.80%). Company insiders that own Berkshire Hills Bancorp stock include D Jeffrey Templeton, David Brunelle, Jason T White, John B Davies, Jonathan I Shulman, Kevin Conn, Nitin J Mhatre, Rheo A Brouillard, Subhadeep Basu and Wm Gordon Prescott.
View institutional ownership trends for Berkshire Hills Bancorp.

Which institutional investors are selling Berkshire Hills Bancorp stock?

BHLB stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , BlackRock Inc., Dimensional Fund Advisors LP, Balyasny Asset Management LLC, Thrivent Financial for Lutherans, Hennessy Advisors Inc., BHZ Capital Management LP, and Goldman Sachs Group Inc.. Company insiders that have sold Berkshire Hills Bancorp company stock in the last year include D Jeffrey Templeton, Jason T White, and Rheo A Brouillard.
View insider buying and selling activity for Berkshire Hills Bancorp or view top insider-selling stocks.

Which institutional investors are buying Berkshire Hills Bancorp stock?

BHLB stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Alliancebernstein L.P., Two Sigma Investments LP, Jennison Associates LLC, Millennium Management LLC, Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, and Assenagon Asset Management S.A.. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include David Brunelle, John B Davies, Jonathan I Shulman, Kevin Conn, Nitin J Mhatre, Subhadeep Basu, and Wm Gordon Prescott.
View insider buying and selling activity for Berkshire Hills Bancorp or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Berkshire Hills Bancorp's stock price today?

One share of BHLB stock can currently be purchased for approximately $27.41.

How much money does Berkshire Hills Bancorp make?

Berkshire Hills Bancorp has a market capitalization of $1.33 billion and generates $476.09 million in revenue each year. The savings and loans company earns $-533.02 million in net income (profit) each year or $2.30 on an earnings per share basis.

How many employees does Berkshire Hills Bancorp have?

Berkshire Hills Bancorp employs 1,505 workers across the globe.

What is Berkshire Hills Bancorp's official website?

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

Where are Berkshire Hills Bancorp's headquarters?

Berkshire Hills Bancorp is headquartered at 60 STATE STREET 38TH FLOOR, BOSTON MA, 02109.

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, via email at [email protected], or via fax at 413-443-3587.