What is Seaport Res Ptn's Estimate for BHLB Q2 Earnings?

Berkshire Hills Bancorp, Inc. (NYSE:BHLB - Free Report) - Analysts at Seaport Res Ptn lowered their Q2 2025 earnings estimates for Berkshire Hills Bancorp in a report released on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now expects that the savings and loans company will earn $0.55 per share for the quarter, down from their prior forecast of $0.56. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Berkshire Hills Bancorp's current full-year earnings is $2.48 per share. Seaport Res Ptn also issued estimates for Berkshire Hills Bancorp's Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $2.49 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.97 EPS and FY2026 earnings at $3.86 EPS.

Berkshire Hills Bancorp (NYSE:BHLB - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The savings and loans company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.06. Berkshire Hills Bancorp had a return on equity of 8.91% and a net margin of 8.56%.

BHLB has been the subject of a number of other research reports. Piper Sandler raised Berkshire Hills Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 16th. Keefe, Bruyette & Woods upped their target price on Berkshire Hills Bancorp from $32.00 to $34.50 and gave the stock a "market perform" rating in a research report on Tuesday, December 24th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $31.00 price objective on shares of Berkshire Hills Bancorp in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.13.

Berkshire Hills Bancorp Stock Up 0.9 %

Shares of BHLB stock traded up $0.26 on Wednesday, hitting $30.33. The company's stock had a trading volume of 111,668 shares, compared to its average volume of 397,955. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 21.03 and a beta of 0.88. Berkshire Hills Bancorp has a fifty-two week low of $20.50 and a fifty-two week high of $32.36. The firm's fifty day moving average price is $28.98 and its 200-day moving average price is $28.01.

Institutional Investors Weigh In On Berkshire Hills Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of BHLB. FMR LLC lifted its position in Berkshire Hills Bancorp by 3.3% in the third quarter. FMR LLC now owns 15,411 shares of the savings and loans company's stock worth $415,000 after purchasing an additional 496 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Berkshire Hills Bancorp by 282.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,112 shares of the savings and loans company's stock valued at $31,000 after buying an additional 821 shares in the last quarter. KBC Group NV lifted its holdings in shares of Berkshire Hills Bancorp by 57.8% during the 4th quarter. KBC Group NV now owns 2,869 shares of the savings and loans company's stock worth $82,000 after acquiring an additional 1,051 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Berkshire Hills Bancorp by 4.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,799 shares of the savings and loans company's stock valued at $520,000 after acquiring an additional 1,071 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Berkshire Hills Bancorp in the third quarter valued at about $34,000. Institutional investors and hedge funds own 83.07% of the company's stock.

About Berkshire Hills Bancorp

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.