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

1 Wall Street 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 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.

1 equities research analysts have issued 12-month price objectives for Bar Harbor Bankshares' shares. Their BHB share price forecasts range from $33.00 to $33.00. On average, they anticipate the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price.
View analysts price targets for BHB or view top-rated stocks among Wall Street analysts.

Bar Harbor Bankshares' stock was trading at $28.24 at the beginning of the year. Since then, BHB shares have decreased by 16.2% and is now trading at $23.66.
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Bar Harbor Bankshares saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 104,800 shares, an increase of 6.0% from the July 31st total of 98,900 shares. Based on an average trading volume of 35,600 shares, the short-interest ratio is currently 2.9 days. Approximately 0.7% of the company's stock are sold short.
View Bar Harbor Bankshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our BHB earnings forecast.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) issued its earnings results on Thursday, July, 20th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.05. The financial services provider had revenue of $37.77 million for the quarter, compared to analysts' expectations of $36.60 million. Bar Harbor Bankshares had a trailing twelve-month return on equity of 11.97% and a net margin of 25.17%.

Bar Harbor Bankshares announced a quarterly dividend on Thursday, July 20th. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.28 per share on Friday, September 15th. This represents a $1.12 annualized dividend and a yield of 4.73%. The ex-dividend date is Tuesday, August 15th.
Read our dividend analysis for BHB.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.70%. 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BHB will have a dividend payout ratio of 39.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BHB.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Bar Harbor Bankshares investors own include Cheniere Energy Partners (CQP), 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).

Bar Harbor Bankshares trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "BHB."

Bar Harbor Bankshares' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.66%), Dimensional Fund Advisors LP (4.95%), The Manufacturers Life Insurance Company (2.60%), State Street Corp (2.18%), Geode Capital Management LLC (1.88%) and Franklin Resources Inc. (0.74%).
View institutional ownership trends.

Shares of BHB stock 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 BHB stock can currently be purchased for approximately $23.66.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) has a market capitalization of $358.69 million and generates $161.85 million in revenue each year. The financial services provider earns $43.56 million in net income (profit) each year or $3.16 on an earnings per share basis.

The company employs 486 workers across the globe.

Bar Harbor Bankshares' mailing address is 82 Main St PO Box 400, BAR HARBOR, ME 04609-0400, United States. The official website for the company is www.bhbt.com. The financial services provider can be reached via phone at (207) 669-6784, via email at info@bhbt.com, or via fax at 207-288-2626.