Berkshire Hills Bancorp Stock Forecast, Price & 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 (WHO). Since then, BHLB stock has decreased by 52.2% and is now trading at $9.09.
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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."
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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) announced its quarterly earnings results on Wednesday, July, 29th. The savings and loans company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.25. The savings and loans company earned $94.97 million during the quarter, compared to the consensus estimate of $105.70 million. Berkshire Hills Bancorp had a positive return on equity of 3.87% and a negative net margin of 95.25%.
View Berkshire Hills Bancorp's earnings history.

Berkshire Hills Bancorp announced a quarterly dividend on Tuesday, September 8th. Shareholders of record on Tuesday, September 22nd will be given a dividend of $0.12 per share on Wednesday, September 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date is Monday, September 21st.
View Berkshire Hills Bancorp's dividend history.

4 analysts have issued 12 month target prices for Berkshire Hills Bancorp's stock. Their forecasts range from $13.00 to $13.50. On average, they anticipate Berkshire Hills Bancorp's share price to reach $13.17 in the next year. This suggests a possible upside of 44.8% from the stock's current price.
View analysts' price targets for Berkshire Hills Bancorp.

Some companies that are related to Berkshire Hills Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Lendingtree (TREE), MGIC Investment (MTG), Radian Group (RDN), Simply Good Foods (SMPL), Washington Federal (WAFD), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), EverBank Financial (EVER), At Home Group (HOME) and Oritani Financial (ORIT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Berkshire Hills Bancorp investors own include Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), IBM (IBM), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Boeing (BA), Dominion Energy (D), Fortress Transprtn and Infr Investrs (FTAI) and Walgreens Boots Alliance (WBA).

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

Berkshire Hills Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.30%), Clark Capital Management Group Inc. (3.40%), LSV Asset Management (2.36%), Bank of New York Mellon Corp (1.29%), Nuveen Asset Management LLC (1.09%) and Fourthstone LLC (0.89%). Company insiders that own Berkshire Hills Bancorp stock include David Brunelle, John B Davies, Jonathan I Shulman, 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 Nuveen Asset Management LLC, Foundry Partners LLC, Vanguard Group Inc., Public Employees Retirement System of Ohio, Bank of America Corp DE, LSV Asset Management, Engineers Gate Manager LP, and Teton Advisors Inc..
View insider buying and selling activity for Berkshire Hills Bancorp.

BHLB stock was acquired by a variety of institutional investors in the last quarter, including Fourthstone LLC, BHZ Capital Management LP, Clark Capital Management Group Inc., Federated Hermes Inc., Marshall Wace North America L.P., Hennessy Advisors Inc., Marshall Wace LLP, and Grace & White Inc. NY. Company insiders that have bought Berkshire Hills Bancorp stock in the last two years include David Brunelle, John B Davies, Jonathan I Shulman, 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 $9.09.

Berkshire Hills Bancorp has a market capitalization of $457.93 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]