Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Updates On Dividend Release Date


On 2016-07-26, Berkshire Hills Bancorp, Inc. (NYSE:BHLB) confirmed the dividend disbursement of $0.2 a share to shareholders as on record 2016-08-04. The firm will release dividend on 2016-08-18 while ex-dividend date is reported to be 2016-08-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Berkshire Hills Bancorp, Inc. (NYSE:BHLB) paid a total of $0.2 per share in dividends. This figure stood at $0.2 a share in the same period a year ago indicating a deviation of 5.5555%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $27.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $31 and $24, respectively.

Taking the mathematical rating formula, the price for Berkshire Hills Bancorp, Inc. (NYSE:BHLB) stands at 2.8. Earnings Review Berkshire Hills Bancorp, Inc. (NYSE:BHLB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.56.

Coming to the quarter ending on 2015-12-31, Berkshire Hills Bancorp, Inc. (NYSE:BHLB) recorded EPS of $0.54. The reported numbers came lower than the analysts’ estimates of $0.54, demonstrating a miss of $0 as against reported figures.

Shares of the Berkshire Hills Bancorp, Inc. (NYSE:BHLB) traded in the range of $26.99 to $27.21 and closed the last trading session at $27.18 on a volume of ((Volume:238}}.

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