Berkshire Hills Bancorp Stock Forecast, Price & News

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

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Berkshire Hills Bancorp saw a increase in short interest during the month of May. As of May 28th, there was short interest totaling 1,590,000 shares, an increase of 19.5% from the May 13th total of 1,330,000 shares. Based on an average daily volume of 314,200 shares, the days-to-cover ratio is presently 5.1 days. Currently, 3.4% of the shares of the company are short sold.
View Berkshire Hills Bancorp's Short Interest.

Berkshire Hills Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Berkshire Hills Bancorp.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) announced its quarterly earnings data on Wednesday, April, 28th. The savings and loans company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.19 by $0.13. The savings and loans company earned $101.29 million during the quarter, compared to the consensus estimate of $95.25 million. Berkshire Hills Bancorp had a negative net margin of 106.72% and a positive trailing twelve-month return on equity of 4.29%.
View Berkshire Hills Bancorp's earnings history.

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 stock has increased by 46.9% and is now trading at $27.92.
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Berkshire Hills Bancorp announced a quarterly dividend on Saturday, June 19th. Stockholders of record on Tuesday, June 29th will be given a dividend of $0.12 per share on Thursday, July 8th. This represents a $0.48 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Monday, June 28th.
View Berkshire Hills Bancorp's dividend history.

Berkshire Hills Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.78%. Berkshire Hills Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Berkshire Hills Bancorp is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Berkshire Hills Bancorp will have a dividend payout ratio of 35.29% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its dividend.
View Berkshire Hills Bancorp's dividend history.

4 equities research analysts have issued twelve-month target prices for Berkshire Hills Bancorp's stock. Their forecasts range from $13.00 to $27.00. On average, they expect Berkshire Hills Bancorp's stock price to reach $19.75 in the next twelve months. This suggests that the stock has a possible downside of 29.3%.
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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.

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

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 BlackRock Inc. (14.77%), Dimensional Fund Advisors LP (6.47%), Aristotle Capital Boston LLC (2.34%), Clark Capital Management Group Inc. (2.13%), Geode Capital Management LLC (1.60%) and Bank of New York Mellon Corp (1.39%). Company insiders that own Berkshire Hills Bancorp stock include D Jeffrey Templeton, 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.

BHLB stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, D. E. Shaw & Co. Inc., Northern Trust Corp, EJF Capital LLC, Dimensional Fund Advisors LP, Thrivent Financial for Lutherans, Los Angeles Capital Management LLC, and Systematic Financial Management LP. Company insiders that have sold Berkshire Hills Bancorp company stock in the last year include D Jeffrey Templeton, and Rheo A Brouillard.
View insider buying and selling activity for Berkshire Hills Bancorp or view top insider-selling stocks.

BHLB stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., JPMorgan Chase & Co., Geode Capital Management LLC, Clark Capital Management Group Inc., Canada Pension Plan Investment Board, Healthcare of Ontario Pension Plan Trust Fund, Barclays PLC, and Hennessy Advisors Inc.. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include 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.

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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One share of BHLB stock can currently be purchased for approximately $27.92.

Berkshire Hills Bancorp has a market capitalization of $1.43 billion and generates $476.09 million in revenue each year. The savings and loans company earns $-533,020,000.00 in net income (profit) each year or $0.60 on an earnings per share basis.

Berkshire Hills Bancorp employs 1,467 workers across the globe.

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

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

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]