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

Company Overview

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit. The company also provides commercial construction loans, such as raw land, land development, and construction of commercial and multifamily residential properties; commercial real estate owner occupied and non-owner occupied loans; tax exempt loans to various state and municipal government entities; commercial and industrial loans, including loans for the purpose of financing working capital and capital investment; residential real estate loans consists of one-to-four family homes; home equity loans; and consumer loans, including personal lines of credit and amortizing loans to qualified individuals for various purposes, such as auto loans, recreational equipment, overdraft protection, and other consumer loans. In addition, it provides life insurance, annuity, and retirement products, as well as financial planning services; and third-party investment and insurance services. Further, the company offers trust and estate administration, wealth advisory, and investment management services to individuals, businesses, not-for-profit organizations, and municipalities; and 401(K) plan, financial, estate and charitable planning, investment management, family office, municipal, and tax services. Bar Harbor Bankshares was founded in 1887 and is headquartered in Bar Harbor, Maine.

Key Stats

• Today's Range: $32.05 to $35.00
• 50-Day Range: N/A
• 52-Week Range: $23.26 to $38.47
• Volume: 173,152 shs
• Average Volume: 45,676 shs
• Market Capitalization: $496.73 million
• P/E Ratio: 11.41
• Dividend Yield: 3.69%
• Price Target: $34.00
• Consensus Rating: Hold

Bar Harbor Bankshares Stock Analysis - MarketRank™

Bar Harbor Bankshares scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Bar Harbor Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bar Harbor Bankshares has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.23%

Earnings Growth

Earnings for Bar Harbor Bankshares are expected to grow by 4.23% in the coming year, from $2.84 to $2.96 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bar Harbor Bankshares is 11.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bar Harbor Bankshares is 11.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.69.

Price to Book Value per Share Ratio

Bar Harbor Bankshares has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.29% of the float of Bar Harbor Bankshares has been sold short.

Short Interest Ratio / Days to Cover

Bar Harbor Bankshares has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bar Harbor Bankshares has recently decreased by 1.35%, indicating that investor sentiment is improving.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Bar Harbor Bankshares is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Bar Harbor Bankshares has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Bar Harbor Bankshares is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bar Harbor Bankshares will have a dividend payout ratio of 40.54% next year. This indicates that Bar Harbor Bankshares will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.29% of the float of Bar Harbor Bankshares has been sold short.

Short Interest Ratio / Days to Cover

Bar Harbor Bankshares has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bar Harbor Bankshares has recently decreased by 1.35%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Bar Harbor Bankshares has a news sentiment score of 1.00. 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 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Bar Harbor Bankshares this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bar Harbor Bankshares insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.53% of the stock of Bar Harbor Bankshares is held by insiders.

Percentage Held by Institutions

54.49% of the stock of Bar Harbor Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BHB Stock Analysis - Frequently Asked Questions

How were Bar Harbor Bankshares' earnings last quarter?

Bar Harbor Bankshares (NYSEAMERICAN:BHB) issued its earnings results on Tuesday, October, 22nd. The financial services provider reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.12. The financial services provider earned $58.23 million during the quarter, compared to analyst estimates of $37.30 million. Bar Harbor Bankshares had a net margin of 19.27% and a trailing twelve-month return on equity of 9.75%.

When did Bar Harbor Bankshares' stock split?

Bar Harbor Bankshares's stock split before market open on Tuesday, May 20th 2014. The 3-2 split was announced on Tuesday, April 22nd 2014. The newly issued 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.

Who are Bar Harbor Bankshares' major shareholders?

Bar Harbor Bankshares' top institutional shareholders include Dimensional Fund Advisors LP (5.76%), Vanguard Group Inc. (5.20%), Bar Harbor Wealth Management (2.81%) and The Manufacturers Life Insurance Company (2.29%). Insiders that own company stock include Curtis C Simard, Scott G Toothaker, Kenneth Eugene Smith, Matthew L Caras, David M Colter and Brendan Ohalloran.
View institutional ownership trends.

How do I buy shares of Bar Harbor Bankshares?

Shares of BHB 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.

What other stocks do shareholders of Bar Harbor Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bar Harbor Bankshares investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/22/2024
• Ex-Dividend for 12/13 Dividend: 11/14/2024
• Dividend Payable: 12/13/2024
• Ex-Dividend for 3/20 Dividend: 2/20/2025
• Today: 3/03/2025
• Dividend Payable: 3/20/2025
• Next Earnings (Estimated): 4/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSEAMERICAN:BHB
• Previous Symbol: NYSE:BHB
• CIK: 743367
• Web: www.bhbt.com
• Phone: (207) 669-6784
• Fax: 207-288-2626
• Employees: 490
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.00
• High Stock Price Target: $35.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +4.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.85
• Trailing P/E Ratio: 11.41
• Forward P/E Ratio: 11.45
• P/E Growth: N/A
• Net Income: $43.54 million
• Net Margins: 19.27%
• Pretax Margin: 23.08%
• Return on Equity: 9.75%
• Return on Assets: 1.08%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.96
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $225.61 million
• Price / Sales: 2.20
• Cash Flow: $3.49 per share
• Price / Cash Flow: 9.31
• Book Value: $28.51 per share
• Price / Book: 1.14

Miscellaneous

• Outstanding Shares: 15,270,000
• Free Float: 14,882,000
• Market Cap: $496.73 million
• Optionable: Not Optionable
• Beta: 0.72