NASDAQ:BRKL Brookline Bancorp - BRKL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Brookline Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $10.60 -0.02 (-0.19%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.50▼$10.7350-Day Range$10.23▼$13.8552-Week Range$10.12▼$16.41Volume416,416 shsAverage Volume843,001 shsMarket Capitalization$939.90 millionP/E Ratio7.41Dividend Yield5.09%Price Target$17.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Brookline Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside62.7% Upside$17.25 Price TargetShort InterestHealthy3.02% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 6 Articles This WeekInsider TradingAcquiring Shares$458,360 Bought Last QuarterProj. Earnings Growth7.64%From $1.44 to $1.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsFinance Sector122nd out of 892 stocksFederal Savings Institutions Industry3rd out of 44 stocks 3.0 Analyst's Opinion Consensus RatingBrookline Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.25, Brookline Bancorp has a forecasted upside of 62.7% from its current price of $10.60.Amount of Analyst CoverageBrookline Bancorp has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.02% of the outstanding shares of Brookline Bancorp have been sold short.Short Interest Ratio / Days to CoverBrookline Bancorp has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Brookline Bancorp has recently increased by 19.11%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBrookline Bancorp is a leading dividend payer. It pays a dividend yield of 5.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrookline Bancorp has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Brookline Bancorp is 37.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 34.84% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BRKL. Previous Next 2.4 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 0.30. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Brookline Bancorp this week, compared to 1 article on an average week.Search Interest10 people have searched for BRKL on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brookline Bancorp insiders have bought 9.39% more of their company's stock than they have sold. Specifically, they have bought $458,360.00 in company stock and sold $419,031.00 in company stock.Percentage Held by InsidersOnly 2.80% of the stock of Brookline Bancorp is held by insiders.Percentage Held by Institutions82.28% of the stock of Brookline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to grow by 7.64% in the coming year, from $1.44 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 7.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 7.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 136.43.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Brookline Bancorp (NASDAQ:BRKL) StockBrookline Bancorp, Inc. is a multi-bank holding company that engages in the provision of financial solutions through its subsidiaries. The firm offers a range of commercial, business, and retail banking services, including cash management products, on-line banking services, consumer and residential loans, and investment services for small to mid-sized businesses and retail customers. It also provides equipment financing services. The company was founded on November 1, 1997 and is headquartered in Boston, MA.Read More Receive BRKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Brookline Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address BRKL Stock News HeadlinesMarch 27, 2023 | marketwatch.comTrading Brookline Bancorp $BRKL With Integrated Risk ControlsMarch 24, 2023 | americanbankingnews.comStockNews.com Upgrades Brookline Bancorp (NASDAQ:BRKL) to HoldMarch 29, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 22, 2023 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) is favoured by institutional owners who hold 75% of the companyMarch 19, 2023 | americanbankingnews.comStockNews.com Lowers Brookline Bancorp (NASDAQ:BRKL) to SellFebruary 10, 2023 | benzinga.comBrookline Bancorp Stock (NASDAQ:BRKL), DividendsFebruary 2, 2023 | finance.yahoo.comGreat news for Brookline Bancorp, Inc. (NASDAQ:BRKL): Insiders acquired stock in large numbers last yearJanuary 26, 2023 | seekingalpha.comBrookline Bancorp, Inc. (BRKL) Q4 2022 Earnings Call TranscriptMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.January 25, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces 2023 Virtual Annual Meeting InformationJanuary 25, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Lags Q4 Earnings EstimatesJanuary 23, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Brookline Bancorp (BRKL) Stock?January 19, 2023 | finance.yahoo.comBanner (BANR) Q4 Earnings and Revenues Beat EstimatesJanuary 18, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Earnings Expected to Grow: What to Know Ahead of Q4 ReleaseJanuary 5, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces Fourth Quarter 2022 Earnings Release Date and Conference CallJanuary 4, 2023 | bizjournals.comBankRI parent Brookline Bancorp closes on PCSB acquisitionJanuary 4, 2023 | bizjournals.comBrookline Bank parent closes on $313M acquisition of New York bankJanuary 3, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Completes Acquisition of PCSB Financial CorporationDecember 19, 2022 | finance.yahoo.comEarnings growth of 3.1% over 3 years hasn't been enough to translate into positive returns for Brookline Bancorp (NASDAQ:BRKL) shareholdersDecember 17, 2022 | seekingalpha.comBRKL Brookline Bancorp, Inc.November 8, 2022 | finance.yahoo.comBrookline Bancorp Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Could Be A Buy For Its Upcoming DividendOctober 30, 2022 | finance.yahoo.comBrookline Bancorp's (NASDAQ:BRKL) Dividend Will Be Increased To $0.135October 29, 2022 | fool.comBrookline Bancorp (NASDAQ: BRKL)October 26, 2022 | msn.comBrookline Bancorp: Q3 Earnings InsightsOctober 26, 2022 | finance.yahoo.comBrookline Bancorp (BRKL) Q3 Earnings and Revenues Surpass EstimatesOctober 25, 2022 | finance.yahoo.comClarendon Private, a Boston Based Investment and Wealth Management Company, Announces the Hiring of John Valpey - Wealth StrategistSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BRKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Brookline Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address BRKL Company Calendar Last Earnings1/26/2023Ex-Dividend for 2/24 Dividend2/09/2023Dividend Payable2/24/2023Today3/29/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:BRKL CUSIP11373M10 CIK1049782 Webwww.brooklinebancorp.com Phone(617) 425-4600Fax800-253-5177Employees786Year Founded1871Price Target and Rating Average Stock Price Forecast$17.25 High Stock Price Forecast$20.00 Low Stock Price Forecast$14.50 Forecasted Upside/Downside+62.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio7.41 Forward P/E Ratio7.26 P/E GrowthN/ANet Income$109.74 million Net Margins29.38% Pretax Margin37.47% Return on Equity11.42% Return on Assets1.27% Debt Debt-to-Equity Ratio1.44 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$373.53 million Price / Sales2.52 Cash Flow$1.63 per share Price / Cash Flow6.50 Book Value$12.91 per share Price / Book0.82Miscellaneous Outstanding Shares88,670,000Free Float86,182,000Market Cap$939.90 million OptionableOptionable Beta0.69 Social Links Key ExecutivesPaul A. PerraultChairman & Chief Executive OfficerMichael W. McCurdyCo-President & Chief Operating OfficerCarl M. CarlsonCo-President, CFO & Chief Strategy OfficerJames M. CosmanCo-Chief Operating OfficerRobert M. RosePrincipalKey CompetitorsCapitol Federal FinancialNASDAQ:CFFNOceanFirst FinancialNASDAQ:OCFCKearny FinancialNASDAQ:KRNYNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKProvident Financial ServicesNYSE:PFSView All CompetitorsInsiders & InstitutionsBogdan NowakBought 25,000 shares on 3/13/2023Total: $267,500.00 ($10.70/share)Bogdan NowakBought 10,000 shares on 3/8/2023Total: $121,400.00 ($12.14/share)OLD Mission Capital LLCBought 28,518 shares on 3/6/2023Ownership: 0.032%Voya Investment Management LLCSold 4,993 shares on 2/28/2023Ownership: 0.137%Michael P GoldrickSold 17,023 sharesTotal: $222,831.07 ($13.09/share)View All Insider TransactionsView All Institutional Transactions BRKL Stock - Frequently Asked Questions Should I buy or sell Brookline Bancorp stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRKL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRKL, but not buy additional shares or sell existing shares. View BRKL analyst ratings or view top-rated stocks. What is Brookline Bancorp's stock price forecast for 2023? 1 analysts have issued 12-month target prices for Brookline Bancorp's shares. Their BRKL share price forecasts range from $14.50 to $20.00. On average, they predict the company's stock price to reach $17.25 in the next year. This suggests a possible upside of 62.7% from the stock's current price. View analysts price targets for BRKL or view top-rated stocks among Wall Street analysts. How have BRKL shares performed in 2023? Brookline Bancorp's stock was trading at $14.15 at the start of the year. Since then, BRKL shares have decreased by 25.1% and is now trading at $10.60. View the best growth stocks for 2023 here. Are investors shorting Brookline Bancorp? Brookline Bancorp saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,680,000 shares, an increase of 19.1% from the February 28th total of 2,250,000 shares. Based on an average daily trading volume, of 717,400 shares, the days-to-cover ratio is presently 3.7 days. View Brookline Bancorp's Short Interest. When is Brookline Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our BRKL earnings forecast. How were Brookline Bancorp's earnings last quarter? Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its earnings results on Thursday, January, 26th. The bank reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.01. The bank had revenue of $112.46 million for the quarter, compared to analysts' expectations of $87.79 million. Brookline Bancorp had a trailing twelve-month return on equity of 11.42% and a net margin of 29.38%. During the same quarter in the previous year, the company posted $0.37 earnings per share. How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp? Brookline Bancorp declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Friday, February 10th will be given a dividend of $0.135 per share on Friday, February 24th. This represents a $0.54 annualized dividend and a dividend yield of 5.09%. The ex-dividend date is Thursday, February 9th. Read our dividend analysis for BRKL. What ETFs hold Brookline Bancorp's stock? ETFs with the largest weight of Brookline Bancorp (NASDAQ:BRKL) stock in their portfolio include Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco KBW Regional Banking ETF (KBWR), Invesco S&P SmallCap Financials ETF (PSCF), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE), iShares US Small Cap Value Factor ETF (SVAL), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and SPDR S&P 600 Small CapValue ETF (SLYV). Is Brookline Bancorp a good dividend stock? Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.54 per share and currently has a dividend yield of 5.12%. BRKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 34.18% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BRKL. What is Paul A. Perrault's approval rating as Brookline Bancorp's CEO? 30 employees have rated Brookline Bancorp Chief Executive Officer Paul A. Perrault on Glassdoor.com. Paul A. Perrault has an approval rating of 83% among the company's employees. 83.0% of employees surveyed would recommend working at Brookline Bancorp to a friend. What other stocks do shareholders of Brookline Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Brookline Bancorp investors own include HD Supply (HDS), Invesque (IVQ), Forum Energy Technologies (FET), Bank of America (BAC), Altria Group (MO), PDL BioPharma (PDLI), Ford Motor (F), General Electric (GE), Kinder Morgan (KMI) and Advanced Micro Devices (AMD). What is Brookline Bancorp's stock symbol? Brookline Bancorp trades on the NASDAQ under the ticker symbol "BRKL." Who are Brookline Bancorp's major shareholders? Brookline Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.95%), Fuller & Thaler Asset Management Inc. (5.29%), Geode Capital Management LLC (1.87%), Jennison Associates LLC (1.49%), Polaris Capital Management LLC (1.45%) and Millennium Management LLC (1.35%). Insiders that own company stock include Bogdan Nowak, Carl M Carlson, Charles H Peck, Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, John A Hackett, Michael P Goldrick, Michael W Mccurdy, Peter O Wilde and Thomas J Hollister. View institutional ownership trends. How do I buy shares of Brookline Bancorp? Shares of BRKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Brookline Bancorp's stock price today? One share of BRKL stock can currently be purchased for approximately $10.60. How much money does Brookline Bancorp make? Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $939.90 million and generates $373.53 million in revenue each year. The bank earns $109.74 million in net income (profit) each year or $1.43 on an earnings per share basis. How many employees does Brookline Bancorp have? The company employs 786 workers across the globe. How can I contact Brookline Bancorp? Brookline Bancorp's mailing address is 131 CLARENDON STREET, BOSTON MA, 02116. The official website for the company is www.brooklinebancorp.com. The bank can be reached via phone at (617) 425-4600, via email at ccarlson@brkl.com, or via fax at 800-253-5177. This page (NASDAQ:BRKL) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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