What is Seaport Res Ptn's Estimate for BHLB Q3 Earnings?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB - Free Report) - Research analysts at Seaport Res Ptn reduced their Q3 2025 earnings per share estimates for Berkshire Hills Bancorp in a report released on Monday, December 16th. Seaport Res Ptn analyst L. Hunsicker now anticipates that the savings and loans company will earn $0.56 per share for the quarter, down from their previous forecast of $0.61. Seaport Res Ptn has a "Strong-Buy" rating on the stock. The consensus estimate for Berkshire Hills Bancorp's current full-year earnings is $2.16 per share. Seaport Res Ptn also issued estimates for Berkshire Hills Bancorp's Q4 2025 earnings at $0.83 EPS, Q1 2026 earnings at $0.95 EPS, Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $0.96 EPS and FY2026 earnings at $3.84 EPS.

Berkshire Hills Bancorp (NYSE:BHLB - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The savings and loans company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.03. Berkshire Hills Bancorp had a net margin of 5.86% and a return on equity of 8.68%. The business had revenue of $125.70 million during the quarter, compared to the consensus estimate of $119.61 million. During the same quarter in the prior year, the firm earned $0.50 EPS. The company's revenue for the quarter was up 16.6% compared to the same quarter last year.

A number of other research analysts also recently commented on the company. Keefe, Bruyette & Woods upped their price objective on Berkshire Hills Bancorp from $29.00 to $32.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 4th. Royal Bank of Canada lowered their price target on shares of Berkshire Hills Bancorp from $32.00 to $31.00 and set a "sector perform" rating for the company in a research report on Tuesday. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $29.20.

Berkshire Hills Bancorp Stock Performance

Shares of NYSE:BHLB traded down $0.32 during trading on Thursday, hitting $27.80. 683,008 shares of the company traded hands, compared to its average volume of 273,131. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 29.26 and a beta of 0.88. Berkshire Hills Bancorp has a one year low of $20.50 and a one year high of $32.36. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.33. The business's fifty day moving average is $29.33 and its 200-day moving average is $26.58.

Institutional Trading of Berkshire Hills Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in BHLB. Wellington Management Group LLP raised its position in Berkshire Hills Bancorp by 21.4% in the third quarter. Wellington Management Group LLP now owns 1,664,138 shares of the savings and loans company's stock worth $44,815,000 after acquiring an additional 293,784 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Berkshire Hills Bancorp by 60.4% during the second quarter. Renaissance Technologies LLC now owns 422,621 shares of the savings and loans company's stock worth $9,636,000 after buying an additional 159,200 shares in the last quarter. Systematic Financial Management LP grew its position in Berkshire Hills Bancorp by 13.7% in the third quarter. Systematic Financial Management LP now owns 952,627 shares of the savings and loans company's stock worth $25,654,000 after buying an additional 114,433 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Berkshire Hills Bancorp by 126.0% in the second quarter. Millennium Management LLC now owns 183,616 shares of the savings and loans company's stock valued at $4,186,000 after buying an additional 102,384 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Berkshire Hills Bancorp by 28.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 340,694 shares of the savings and loans company's stock valued at $9,175,000 after acquiring an additional 75,476 shares during the last quarter. 83.07% of the stock is currently owned by institutional investors.

Berkshire Hills Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Thursday, November 14th. Berkshire Hills Bancorp's dividend payout ratio (DPR) is 75.79%.

Berkshire Hills Bancorp Company Profile

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.