NYSE:BHLB Berkshire Hills Bancorp (BHLB) Stock Price, News & Analysis $26.14 -0.48 (-1.80%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$25.85▼$26.7950-Day Range$22.07▼$28.0452-Week Range$18.31▼$28.51Volume453,058 shsAverage Volume249,135 shsMarket Capitalization$1.13 billionP/E Ratio52.28Dividend Yield2.75%Price Target$26.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Berkshire Hills Bancorp alerts: Email Address Berkshire Hills Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside2.5% Upside$26.80 Price TargetShort InterestHealthy2.47% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.73Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth12.86%From $2.10 to $2.37 Per ShareSee Full Details Hide Full Details 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.2.97 out of 5 starsFinance Sector510th out of 871 stocksSavings Institutions, Except Federal Industry5th out of 18 stocks 1.1 Analyst's Opinion Consensus RatingBerkshire Hills Bancorp has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageBerkshire Hills Bancorp has only been the subject of 2 research reports in the past 90 days.Read more about Berkshire Hills Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.47% of the float of Berkshire Hills Bancorp has been sold short.Short Interest Ratio / Days to CoverBerkshire Hills Bancorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berkshire Hills Bancorp has recently increased by 2.94%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldBerkshire Hills Bancorp pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerkshire Hills Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Berkshire Hills Bancorp is 144.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Berkshire Hills Bancorp will have a dividend payout ratio of 30.38% next year. This indicates that Berkshire Hills Bancorp will be able to sustain or increase its dividend.Read more about Berkshire Hills Bancorp's dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerkshire Hills Bancorp has received a 11.05% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Home equity loans", "Wire transfer services", "Home contents insurance services for individuals", "Consumer savings accounts provided by brick and mortar banks", and "Online banking" products. See details.Environmental SustainabilityThe Environmental Impact score for Berkshire Hills Bancorp is -0.73. Previous Next 2.2 News and Social Media Coverage News SentimentBerkshire Hills Bancorp has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Berkshire Hills Bancorp this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berkshire Hills Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.02% of the stock of Berkshire Hills Bancorp is held by insiders.Percentage Held by Institutions83.07% of the stock of Berkshire Hills Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Berkshire Hills Bancorp's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Berkshire Hills Bancorp are expected to grow by 12.86% in the coming year, from $2.10 to $2.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berkshire Hills Bancorp is 52.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Berkshire Hills Bancorp is 52.28, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioBerkshire Hills Bancorp has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Berkshire Hills Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade About Berkshire Hills Bancorp Stock (NYSE:BHLB)Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans. In addition, the company provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management, online banking and mobile banking, small business banking, and asset based lending services; and debit cards and other electronic fee producing payment services to transaction account customers. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.Read More BHLB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BHLB Stock News HeadlinesAugust 6, 2024 | prnewswire.comArrow Completes Acquisition of Whitehall, N.Y. BranchJuly 23, 2024 | msn.comJanney Montgomery Scott Downgrades Berkshire Hills Bancorp (BHLB)September 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankJuly 20, 2024 | finanznachrichten.deBerkshire Hills Bancorp, Inc.: Berkshire Hills Reports a Solid Second Quarter Net Income of $24.0 million, or $0.57 Per ShareJuly 19, 2024 | gurufocus.comQ2 2024 Berkshire Hills Bancorp Inc Earnings Call TranscriptJuly 18, 2024 | seekingalpha.comBerkshire Hills Bancorp, Inc. 2024 Q2 - Results - Earnings Call PresentationJuly 18, 2024 | prnewswire.comBerkshire Hills Reports a Solid Second Quarter Net Income of $24.0 million, or $0.57 Per ShareJune 27, 2024 | prnewswire.comBerkshire Hills Announces Second Quarter 2024 Earnings Release and Conference Call ScheduleSeptember 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankJune 7, 2024 | prnewswire.comBerkshire Hills Announces Quarterly Shareholder DividendMay 17, 2024 | prnewswire.comBerkshire Hills Bancorp Announces Results of Annual MeetingMay 14, 2024 | prnewswire.comBerkshire Hills Announces Executive TransitionMay 1, 2024 | seekingalpha.comBerkshire Hills Bancorp: Earnings Likely To Bounce Back, But Risks Are HighApril 20, 2024 | investing.comBerkshire Hills Bancorp stock target cut by KBWApril 18, 2024 | seekingalpha.comBerkshire Hills Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 18, 2024 | prnewswire.comBerkshire Hills Reports First Quarter 2024 ResultsApril 16, 2024 | wsj.comBerkshire Hills Bancorp Inc.March 28, 2024 | finance.yahoo.comBerkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call ScheduleSee More Headlines Receive BHLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Berkshire Hills Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/20/2024Dividend Payable6/28/2024Last Earnings7/18/2024Today9/07/2024Next Earnings (Estimated)10/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Savings institutions, except federal Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:BHLB CUSIP08468010 CIK1108134 Webwww.berkshirebank.com Phone(617) 641-9206Fax413-443-3587Employees1,340Year FoundedN/APrice Target and Rating Average Stock Price Target$26.80 High Stock Price Target$31.00 Low Stock Price Target$24.00 Potential Upside/Downside+2.5%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.50 Trailing P/E Ratio52.28 Forward P/E Ratio12.45 P/E GrowthN/ANet Income$69.60 million Net Margins3.37% Pretax Margin3.39% Return on Equity8.61% Return on Assets0.70% Debt Debt-to-Equity Ratio0.28 Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$352.04 million Price / Sales3.21 Cash Flow$2.50 per share Price / Cash Flow10.44 Book Value$23.57 per share Price / Book1.11Miscellaneous Outstanding Shares43,293,000Free Float42,851,000Market Cap$1.13 billion OptionableOptionable Beta0.88 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Nitin J. Mhatre (Age 53)President, CEO & Director Comp: $1.8MMr. Sean A. Gray (Age 48)Senior EVP & COO Comp: $1.24MMr. Brett Brbovic (Age 43)Senior VP & Chief Accounting Officer Comp: $326.85kMr. Gregory D. Lindenmuth (Age 56)Senior EVP & Chief Risk Officer Comp: $515.78kMr. R. David Rosato (Age 62)Senior EVP & CFO Mr. Kevin ConnSenior Vice President of Investor Relations & Corporate DevelopmentMr. Wm. Gordon Prescott Esq. (Age 62)Senior EVP, General Counsel & Corporate Secretary Ms. Ashlee Flores (Age 39)Executive VP & Chief Compliance Officer Alison SkrattHead of CommunicationsMr. Sumant Pustake (Age 39)Executive VP and Chief Strategy & Marketing Officer More ExecutivesKey CompetitorsNew York Community BancorpNYSE:NYCBTFS FinancialNASDAQ:TFSLWalker & DunlopNYSE:WDSimply Good FoodsNASDAQ:SMPLWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsSystematic Financial Management LPSold 23,745 shares on 8/16/2024Ownership: 1.936%Northwestern Mutual Wealth Management Co.Bought 2,169 shares on 8/16/2024Ownership: 0.014%AQR Capital Management LLCSold 16,509 shares on 8/15/2024Ownership: 0.098%The Manufacturers Life Insurance Company Bought 1,071 shares on 8/15/2024Ownership: 0.053%Caxton Associates LPBought 18,088 shares on 8/15/2024Ownership: 0.042%View All Insider TransactionsView All Institutional Transactions BHLB Stock Analysis - Frequently Asked Questions How have BHLB shares performed this year? Berkshire Hills Bancorp's stock was trading at $24.83 on January 1st, 2024. Since then, BHLB stock has increased by 5.3% and is now trading at $26.14. View the best growth stocks for 2024 here. How were Berkshire Hills Bancorp's earnings last quarter? Berkshire Hills Bancorp, Inc. (NYSE:BHLB) announced its earnings results on Thursday, July, 18th. The savings and loans company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.03. The savings and loans company earned $174.24 million during the quarter, compared to the consensus estimate of $108.46 million. Berkshire Hills Bancorp had a net margin of 3.37% and a trailing twelve-month return on equity of 8.61%. What is Sean Gray's approval rating as Berkshire Hills Bancorp's CEO? 7 employees have rated Berkshire Hills Bancorp Chief Executive Officer Sean Gray on Glassdoor.com. Sean Gray has an approval rating of 78% among the company's employees. Who are Berkshire Hills Bancorp's major shareholders? Berkshire Hills Bancorp's top institutional shareholders include Dimensional Fund Advisors LP (6.08%), Systematic Financial Management LP (1.94%), LSV Asset Management (1.49%) and American Century Companies Inc. (1.44%). Insiders that own company stock include Nitin J Mhatre, Michael Zaitzeff, Mary Anne Callahan, David Brunelle, William H Hughes III, Wm Gordon Prescott, Jeffrey W Kip, Ellen Tulchiner, Baye Adofo-Wilson and Jason T White. View institutional ownership trends. How do I buy shares of Berkshire Hills Bancorp? Shares of BHLB 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. What other stocks do shareholders of Berkshire Hills Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that Berkshire Hills Bancorp investors own include Starbucks (SBUX), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), International Business Machines (IBM), JPMorgan Chase & Co. (JPM) and AbbVie (ABBV). This page (NYSE:BHLB) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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