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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
5 Short Squeeze Candidates With Catalysts For Rebounds
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
5 Short Squeeze Candidates With Catalysts For Rebounds
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
5 Short Squeeze Candidates With Catalysts For Rebounds

Brookline Bancorp (BRKL) Stock Forecast, Price & News

$8.78
-0.15 (-1.68%)
(As of 10/3/2023 ET)
Compare
Today's Range
$8.74
$8.93
50-Day Range
$8.78
$10.89
52-Week Range
$7.00
$15.50
Volume
277,918 shs
Average Volume
453,992 shs
Market Capitalization
$778.52 million
P/E Ratio
7.84
Dividend Yield
6.15%
Price Target
$14.56

Brookline Bancorp MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
65.9% Upside
$14.56 Price Target
Short Interest
Healthy
1.33% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.88%
From $1.02 to $1.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.16 out of 5 stars

Finance Sector

52nd out of 864 stocks

Federal Savings Institutions Industry

4th out of 37 stocks


BRKL stock logo

About Brookline Bancorp (NASDAQ:BRKL) Stock

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

BRKL Price History

BRKL Stock News Headlines

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Q2 2023 Brookline Bancorp Inc Earnings Call
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Brookline Bancorp $BRKL Trading Report
KBW Sticks to Their Hold Rating for Brookline Bancorp (BRKL)
Q1 2023 Brookline Bancorp Inc Earnings Call
KBW Keeps Their Hold Rating on Brookline Bancorp (BRKL)
See More Headlines
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BRKL Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 8/25 Dividend
8/10/2023
Dividend Payable
8/25/2023
Today
10/03/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Current Symbol
NASDAQ:BRKL
CUSIP
11373M10
Employees
813
Year Founded
1871

Price Target and Rating

Average Stock Price Forecast
$14.56
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$10.75
Forecasted Upside/Downside
+65.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$109.74 million
Pretax Margin
21.75%

Debt

Sales & Book Value

Annual Sales
$373.53 million
Cash Flow
$1.57 per share
Book Value
$12.91 per share

Miscellaneous

Free Float
86,103,000
Market Cap
$778.52 million
Optionable
Optionable
Beta
0.72

Social Links

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Key Executives

  • Mr. Paul A. Perrault (Age 71)
    Chairman & CEO
    Comp: $1.89M
  • Mr. Michael W. McCurdy Esq. (Age 54)
    Co-Pres & COO
    Comp: $1.03M
  • Mr. Carl M. Carlson (Age 59)
    Co-Pres & Chief Financial Officer
  • Mr. James M. Cosman (Age 72)
    Chief Operations Officer
    Comp: $738.46k
  • Mr. Darryl J. Fess (Age 61)
    Pres, CEO & Director of Brookline Bank
    Comp: $827.88k
  • Ms. Marissa S. Martin (Age 40)
    Gen. Counsel & Corp. Sec.
  • Ms. Janytra M. Brooks (Age 40)
    Chief HR Officer
  • Mr. Mark J. Meiklejohn (Age 59)
    Chief Credit Officer
  • Mr. Michael P. Goldrick (Age 58)
    Pres & CEO of PCSB Bank
  • Mr. Michael J. Fanger (Age 65)
    CEO of Eastern Funding LLC, Pres of Eastern Funding LLC and Director of Eastern Funding LLC













BRKL Stock - Frequently Asked Questions

Should I buy or sell Brookline Bancorp stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BRKL shares.
View BRKL analyst ratings
or view top-rated stocks.

What is Brookline Bancorp's stock price forecast for 2023?

4 equities research analysts have issued 1-year price targets for Brookline Bancorp's stock. Their BRKL share price forecasts range from $10.75 to $20.00. On average, they expect the company's share price to reach $14.56 in the next year. This suggests a possible upside of 65.9% 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 beginning of 2023. Since then, BRKL shares have decreased by 38.0% and is now trading at $8.78.
View the best growth stocks for 2023 here
.

Are investors shorting Brookline Bancorp?

Brookline Bancorp saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,180,000 shares, a decrease of 9.9% from the August 31st total of 1,310,000 shares. Based on an average daily volume of 484,200 shares, the days-to-cover ratio is currently 2.4 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, October 25th 2023.
View our BRKL earnings forecast
.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its earnings results on Wednesday, July, 26th. The bank reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.01. The bank had revenue of $91.50 million for the quarter, compared to the consensus estimate of $90.50 million. Brookline Bancorp had a net margin of 17.70% and a trailing twelve-month return on equity of 10.06%.

How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp?

Brookline Bancorp announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Friday, August 11th will be given a dividend of $0.135 per share on Friday, August 25th. This represents a $0.54 annualized dividend and a dividend yield of 6.15%. The ex-dividend date is Thursday, August 10th.
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) and Invesco KBW Regional Banking ETF (KBWR).Inspire Small/Mid Cap ETF (ISMD).

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 5.93%. 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 48.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 50.00% 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."

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 $8.78.

How much money does Brookline Bancorp make?

Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $778.52 million and generates $373.53 million in revenue each year. The bank earns $109.74 million in net income (profit) each year or $1.12 on an earnings per share basis.

How many employees does Brookline Bancorp have?

The company employs 813 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 10/4/2023 by MarketBeat.com Staff

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