NYSEAMERICAN:BHB

Bar Harbor Bankshares (BHB) Stock Price, News & Analysis

$27.57
+0.29 (+1.06%)
(As of 05/17/2024 ET)
Today's Range
$26.48
$27.71
50-Day Range
N/A
52-Week Range
$23.15
$30.37
Volume
46,547 shs
Average Volume
33,928 shs
Market Capitalization
$419.89 million
P/E Ratio
10.03
Dividend Yield
4.35%
Price Target
$28.00

Bar Harbor Bankshares MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.6% Upside
$28.00 Price Target
Short Interest
Healthy
0.53% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$23,199 Bought Last Quarter
Proj. Earnings Growth
2.91%
From $2.75 to $2.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.19 out of 5 stars

BHB stock logo

About Bar Harbor Bankshares Stock (NYSEAMERICAN:BHB)

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also provides commercial construction loans, such as raw land, land development, and construction of commercial and multifamily residential properties; commercial real estate owner occupied and non-owner occupied loans; tax exempt loans to various state and municipal government entities; commercial and industrial loans, including loans for the purpose of financing working capital and capital investment; residential real estate loans consists of one-to-four family homes; home equity loans; and consumer loans, including personal lines of credit and amortizing loans to qualified individuals for various purposes, such as auto loans, recreational equipment, overdraft protection, and other consumer loans. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third-party investment and insurance services. Further, the company offers trust and estate administration, wealth advisory, and investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and 401(K) plan, financial, estate and charitable planning, investment management, family office, municipal, and tax services. Bar Harbor Bankshares was founded in 1887 and is headquartered in Bar Harbor, Maine.

BHB Stock Price History

BHB Stock News Headlines

Bar Harbor Bankshares Inc
Bar Harbor Bankshares (BHB)
Bar Harbor Bankshares
New Strong Sell Stocks for January 31st
Visiting Bar Harbor, Maine In The Winter
Bar Harbor Bankshares Reports Fourth Quarter 2023 Results
Bar Harbor Bankshares Declares Quarterly Cash Dividend
Bar Harbor Bankshares: A Bit Premature For A Downgrade
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/14/2024
Dividend Payable
3/15/2024
Last Earnings
4/18/2024
Ex-Dividend for 6/14 Dividend
5/15/2024
Today
5/17/2024
Dividend Payable
6/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NYSEAMERICAN:BHB
CUSIP
06684910
Employees
462
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.00
High Stock Price Target
$28.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$44.85 million
Pretax Margin
24.75%

Debt

Sales & Book Value

Annual Sales
$210.01 million
Cash Flow
$3.56 per share
Book Value
$28.60 per share

Miscellaneous

Free Float
14,847,000
Market Cap
$419.89 million
Optionable
Not Optionable
Beta
0.75
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BHB Stock Analysis - Frequently Asked Questions

Should I buy or sell Bar Harbor Bankshares stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bar Harbor Bankshares in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BHB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHB, but not buy additional shares or sell existing shares.
View BHB analyst ratings
or view top-rated stocks.

What is Bar Harbor Bankshares' stock price target for 2024?

1 equities research analysts have issued 1-year target prices for Bar Harbor Bankshares' stock. Their BHB share price targets range from $28.00 to $28.00. On average, they predict the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for BHB
or view top-rated stocks among Wall Street analysts.

Are investors shorting Bar Harbor Bankshares?

Bar Harbor Bankshares saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 78,100 shares, an increase of 47.6% from the April 15th total of 52,900 shares. Based on an average trading volume of 33,800 shares, the short-interest ratio is currently 2.3 days. Approximately 0.5% of the shares of the company are sold short.
View Bar Harbor Bankshares' Short Interest
.

How were Bar Harbor Bankshares' earnings last quarter?

Bar Harbor Bankshares (NYSEAMERICAN:BHB) posted its earnings results on Thursday, April, 18th. The financial services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.65 by $0.01. The financial services provider had revenue of $36.64 million for the quarter, compared to analysts' expectations of $37.10 million. Bar Harbor Bankshares had a trailing twelve-month return on equity of 10.05% and a net margin of 19.51%.

How often does Bar Harbor Bankshares pay dividends? What is the dividend yield for Bar Harbor Bankshares?

Bar Harbor Bankshares announced a quarterly dividend on Thursday, April 18th. Investors of record on Thursday, May 16th will be given a dividend of $0.30 per share on Friday, June 14th. This represents a $1.20 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Wednesday, May 15th. This is an increase from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for BHB
.

Is Bar Harbor Bankshares a good dividend stock?

Bar Harbor Bankshares (NYSEAMERICAN:BHB) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.47%. BHB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BHB will have a dividend payout ratio of 42.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BHB.

When did Bar Harbor Bankshares' stock split?

Bar Harbor Bankshares's stock split before market open on Tuesday, May 20th 2014. The 3-2 split was announced on Tuesday, April 22nd 2014. The newly issued shares were payable to shareholders after the closing bell on Monday, May 19th 2014. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of Bar Harbor Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bar Harbor Bankshares investors own include Energy Transfer (ET), Philip Morris International (PM), AbbVie (ABBV), CenterPoint Energy (CNP), Dominion Energy (D), Enbridge (ENB), Enterprise Products Partners (EPD), Hawaiian Electric Industries (HE) and International Business Machines (IBM).

Who are Bar Harbor Bankshares' major shareholders?

Bar Harbor Bankshares' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.07%), Bar Harbor Wealth Management (2.77%), Foundry Partners LLC (0.62%), LSV Asset Management (0.44%), Coston McIsaac & Partners (0.32%) and Naples Global Advisors LLC (0.26%). Insiders that own company stock include Brendan Ohalloran, Curtis C Simard, Kenneth Eugene Smith and Matthew L Caras.
View institutional ownership trends
.

How do I buy shares of Bar Harbor Bankshares?

Shares of BHB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:BHB) was last updated on 5/17/2024 by MarketBeat.com Staff

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