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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts

Brookline Bancorp Stock Price, News & Analysis (NASDAQ:BRKL)

$10.28
+0.15 (+1.48%)
(As of 12/4/2023 ET)
Compare
Today's Range
$10.03
$10.35
50-Day Range
$8.07
$10.13
52-Week Range
$7.00
$15.50
Volume
464,478 shs
Average Volume
585,437 shs
Market Capitalization
$913.58 million
P/E Ratio
10.38
Dividend Yield
5.25%
Price Target
$11.88

Brookline Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.5% Upside
$11.88 Price Target
Short Interest
Healthy
0.85% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.35mentions of Brookline Bancorp in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$31,955 Sold Last Quarter
Proj. Earnings Growth
-9.80%
From $1.02 to $0.92 Per Share

Overall MarketRank

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

2.79 out of 5 stars

Finance Sector

66th out of 822 stocks

Federal Savings Institutions Industry

6th out of 39 stocks


BRKL stock logo

About Brookline Bancorp Stock (NASDAQ:BRKL)

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 Stock Price History

BRKL Stock News Headlines

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Brookline Bancorp Inc BRKL
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Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Q3 2023 Brookline Bancorp Inc Earnings Call
Q2 2023 Brookline Bancorp Inc Earnings Call
Brookline Bancorp $BRKL Trading Report
KBW Sticks to Their Hold Rating for Brookline Bancorp (BRKL)
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 11/24 Dividend
11/09/2023
Dividend Payable
11/24/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024

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 Target
$11.88
High Stock Price Target
$13.00
Low Stock Price Target
$10.75
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$109.74 million
Pretax Margin
18.08%

Debt

Sales & Book Value

Annual Sales
$373.53 million
Cash Flow
$1.65 per share
Book Value
$12.91 per share

Miscellaneous

Free Float
86,298,000
Market Cap
$913.58 million
Optionable
Optionable
Beta
0.79

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-President & COO
    Comp: $1.03M
  • Mr. Carl M. Carlson (Age 59)
    Co-President & Chief Financial Officer
    Comp: $949.45k
  • Mr. James M. Cosman (Age 72)
    Chief Operations Officer
    Comp: $738.46k
  • Mr. Darryl J. Fess (Age 61)
    President, CEO & Director of Brookline Bank
    Comp: $827.88k
  • Ms. Marissa S. Martin (Age 40)
    General Counsel & Corporate Secretary
  • Ms. Janytra M. Brooks (Age 40)
    Chief Human Resources Officer
  • Mr. Mark J. Meiklejohn (Age 59)
    Chief Credit Officer
    Comp: $616.44k
  • Mr. Michael P. Goldrick (Age 58)
    President & CEO of PCSB Bank
  • Mr. Michael J. Fanger (Age 65)
    CEO of Eastern Funding LLC, President of Eastern Funding LLC and Director of Eastern Funding LLC
    Comp: $538.47k














BRKL Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookline Bancorp stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

4 Wall Street research analysts have issued 12 month target prices for Brookline Bancorp's stock. Their BRKL share price targets range from $10.75 to $13.00. On average, they expect the company's share price to reach $11.88 in the next year. This suggests a possible upside of 15.5% 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 stock has decreased by 27.3% and is now trading at $10.28.
View the best growth stocks for 2023 here
.

Are investors shorting Brookline Bancorp?

Brookline Bancorp saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 758,600 shares, a decline of 13.7% from the October 31st total of 879,100 shares. Based on an average daily trading volume, of 416,100 shares, the days-to-cover ratio is presently 1.8 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, January 24th 2024.
View our BRKL earnings forecast
.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its earnings results on Wednesday, October, 25th. The bank reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.01. The bank had revenue of $89.58 million for the quarter, compared to analyst estimates of $91.54 million. Brookline Bancorp had a net margin of 14.57% and a trailing twelve-month return on equity of 8.88%.

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

Brookline Bancorp announced a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, November 10th will be given a dividend of $0.135 per share on Friday, November 24th. This represents a $0.54 annualized dividend and a yield of 5.25%. The ex-dividend date is Thursday, November 9th.
Read our dividend analysis for BRKL
.

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 5.33%. 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 54.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 58.70% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

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).

Who are Brookline Bancorp's major shareholders?

Brookline Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (5.85%), Jennison Associates LLC (4.09%), Massachusetts Financial Services Co. MA (3.93%), Bank of New York Mellon Corp (1.29%), Charles Schwab Investment Management Inc. (1.16%) and American Century Companies Inc. (0.89%). 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 and Willard I Hill Jr.
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.

This page (NASDAQ:BRKL) was last updated on 12/5/2023 by MarketBeat.com Staff

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