How to Buy Berkshire Hills Bancorp Stock
Berkshire Hills Bancorp Inc
Berkshire Hills Bancorp is a bank company located in Massachusetts, United States, which is part of the Financial Services sector, and is traded under the ticker BHLB on the NYSE exchange.
Berkshire Hills Bancorp stock last closed at $22.10, down 1.07% from the previous day, and has increased 7.39% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.12 percentage points. Berkshire Hills Bancorp stock is currently +22.3% from its 52-week low of $18.07, and -14.3% from its 52-week high of $25.79.
At the moment, there are 43.62M shares of BHLB outstanding. The market cap of BHLB is $964.10M. In the past 24 hours, 224,038 BHLB shares were traded.
How to Buy Berkshire Hills Bancorp Stock
Wondering how to invest in Berkshire Hills Bancorp stock? Here's how.
- Decide where to buy Berkshire Hills Bancorp stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Berkshire Hills Bancorp stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Berkshire Hills Bancorp stock: The Berkshire Hills Bancorp ticker symbol is BHLB. Is Berkshire Hills Bancorp stock a good investment? Should you buy shares of BHLB? How do BHLB's underlying business fundamentals look? Do top analysts think Berkshire Hills Bancorp is a good buy? Why has BHLB's stock price moved recently? (Hint: Our stock research website can help you figure out if BHLB is a good stock to buy).
- Place your BHLB buy order: Decide if you will purchase BHLB shares at the current market price or use a limit order to purchase BHLB stock at a specific price.
- Keep an eye on your BHLB position: Create a watchlist to get the latest news on your investment in Berkshire Hills Bancorp shares.
Step 1: Decide where to buy Berkshire Hills Bancorp stock
You need an online brokerage account to access the NYSE market and buy BHLB shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in BHLB stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your investment account
Now that you have opened your account on the stock trading app, you need to deposit funds:
Watch the video below for more details transferring money into your new investment account.
Step 4: Research Berkshire Hills Bancorp stock
After you have selected the best place to buy Berkshire Hills Bancorp stock, it's critical to analyze their stock prior to investing, so you truly wrap your head around the risk and upside.
Berkshire Hills Bancorp shares data
BHLB Zen Score
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on BHLB's stock page.
Is BHLB stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BHLB's intrinsic value.
Using relative valuations metrics:
- BHLB may be undervalued based on its P/E ratio of 13.73x, relative to Banks - Regional industry P/E ratio of -10.31x
- BHLB may be undervalued based on its P/B ratio of 0.95x, relative to Banks - Regional industry P/B ratio of 0.99x
You can access additional valuation research on BHLB's stock here.
BHLB Financial Health Overview
Positive Health Checks:
- BHLB's operating cash flow of $157.16M allows it to safely service it's debt of $506.59M.
- BHLB earnings of $78.32M is not enough to cover its interest payments.
Negative Health Checks:
- BHLB has a relatively high debt to equity ratio of 11.28.
- Total BHLB debt is higher than 5 years ago, relative to shareholder equity.
- BHLB profit margin has gone down from 22.4% to 16.9% in the past year.
Is BHLB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 sell side analysts who track BHLB, the consensus analyst rating on BHLB is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Berkshire Hills Bancorp stock forecast page.
BHLB Trading Indicators
BHLB Growth Metrics
Last year, BHLB earnings were $69.60M. During the last 5 year, BHLB's earnings have increased by -6.89% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, BHLB revenue was $411.83M. In the past 5 year, BHLB's revenue has increased by -0.88% per year. This was slower than the Banks - Regional industry average of 7.5%.
Dive into BHLB's earnings and revenue performance here.
What are BHLB executives and large shareholders up to?
Over the last year, executives and large shareholders at BHLB have sold more shares than they have bought.
Kevin Conn, Sr Managing DirInv Relations of BHLB, was the latest BHLB insider to sell. They sold $41,340.50 worth of BHLB shares on Apr 1, 2024.
Dig into more about who owns BHLB shares here.
Can I rely on BHLB as an income stream?
Berkshire Hills Bancorp pays a dividend of 3.26%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 of BHLB stock, you would have been paid $32.58 last year.
Berkshire Hills Bancorp dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Berkshire Hills Bancorp dividend yield and history here.
What others are saying about BHLB
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your BHLB buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your BHLB position
Now that you own some BHLB stock, you'll want to stay up-to-date on your new company.
Add BHLB to a watchlist to monitor your BHLB stock.
BHLB Feed
How to Buy Stock in Berkshire Hills Bancorp
To reiterate, here are the 6 steps to buy stock in Berkshire Hills Bancorp:
- Decide where to buy Berkshire Hills Bancorp stock
- Open a brokerage account
- Deposit money your investment account
- Research Berkshire Hills Bancorp stock
- Place your BHLB buy order
- Keep an eye on your BHLB position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Berkshire Hills Bancorp, click the button below.
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