Burke & Herbert Financial Services (BHRB) Stock Price, News & Analysis

Company Overview

Burke & Herbert Financial Services Corp. operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in Virginia and Maryland. It offers consumer and commercial deposit products, such as digital banking, demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides loans, such as commercial real estate, single family residential, owner-occupied commercial real estate, residential mortgage, acquisition, construction and development, commercial and industrial, and consumer non-real estate and other loans. In addition, it offers treasury and cash management services; and online and mobile banking, and wealth and trust services. The company was founded in 1852 and is headquartered in Alexandria, Virginia.

Key Stats

• Today's Range: $63.54 to $65.37
• 50-Day Range: $60.72 to $71.04
• 52-Week Range: $46.00 to $75.32
• Volume: 69,953 shs
• Average Volume: 37,296 shs
• Market Capitalization: $960.95 million
• P/E Ratio: 8.35
• Dividend Yield: 3.43%
• Price Target: $77.50
• Consensus Rating: Moderate Buy

Burke & Herbert Financial Services Stock Analysis - MarketRank™

Burke & Herbert Financial Services scored higher than 77% of companies evaluated by MarketBeat, and ranked 322nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Burke & Herbert Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Burke & Herbert Financial Services has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.87%

Earnings Growth

Earnings for Burke & Herbert Financial Services are expected to grow by 10.87% in the coming year, from $6.90 to $7.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Burke & Herbert Financial Services is 8.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Burke & Herbert Financial Services is 8.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Book Value per Share Ratio

Burke & Herbert Financial Services has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.70% of the float of Burke & Herbert Financial Services has been sold short.

Short Interest Ratio / Days to Cover

Burke & Herbert Financial Services has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Burke & Herbert Financial Services has recently decreased by 17.85%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Burke & Herbert Financial Services pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Burke & Herbert Financial Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Burke & Herbert Financial Services is 28.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Burke & Herbert Financial Services will have a dividend payout ratio of 28.76% next year. This indicates that Burke & Herbert Financial Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.70% of the float of Burke & Herbert Financial Services has been sold short.

Short Interest Ratio / Days to Cover

Burke & Herbert Financial Services has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Burke & Herbert Financial Services has recently decreased by 17.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.36

News Sentiment

Burke & Herbert Financial Services has a news sentiment score of 1.36. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Burke & Herbert Financial Services this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Burke & Herbert Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $614,711.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 9.65% of the stock of Burke & Herbert Financial Services is held by insiders.

BHRB Stock Analysis - Frequently Asked Questions

How have BHRB shares performed this year?

Burke & Herbert Financial Services' stock was trading at $62.90 on January 1st, 2024. Since then, BHRB shares have increased by 2.1% and is now trading at $64.20.
View the best growth stocks for 2024 here.

Who are Burke & Herbert Financial Services' major shareholders?

Top institutional shareholders of Burke & Herbert Financial Services include Fourthstone LLC (2.66%), Geode Capital Management LLC (2.05%), State Street Corp (1.94%) and Burke & Herbert Bank & Trust Co. (1.76%). Insiders that own company stock include Gary L Hinkle, Julian Forrest Jr Barnwell, Shawn Patrick Mclaughlin, Jose David Riojas, David P Boyle, Mark Guthrie Anderson and Nicholas Carosi III.
View institutional ownership trends.

How do I buy shares of Burke & Herbert Financial Services?

Shares of BHRB 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 Burke & Herbert Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Burke & Herbert Financial Services investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Ex-Dividend for 12/2 Dividend: 11/15/2024
• Dividend Payable: 12/02/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BHRB
• Previous Symbol: NASDAQ:BHRB
• CUSIP: N/A
• CIK: 1964333
• Web: www.burkeandherbertbank.com
• Phone: 703-549-2304
• Fax: N/A
• Employees: 850
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $77.50
• High Stock Price Target: $79.00
• Low Stock Price Target: $76.00
• Potential Upside/Downside: +20.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.69
• Trailing P/E Ratio: 8.35
• Forward P/E Ratio: 9.30
• P/E Growth: N/A
• Net Income: $22.69 million
• Net Margins: 6.55%
• Pretax Margin: 7.86%
• Return on Equity: 12.83%
• Return on Assets: 1.14%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $203.89 million
• Price / Sales: 4.71
• Cash Flow: $4.91 per share
• Price / Cash Flow: 13.08
• Book Value: $42.37 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 14,968,000
• Free Float: 13,524,000
• Market Cap: $960.95 million
• Optionable: Not Optionable
• Beta: N/A