Brookline Bancorp Stock Price, News & Analysis (NASDAQ:BRKL) $10.28 +0.15 (+1.48%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$10.03▼$10.3550-Day Range$8.07▼$10.1352-Week Range$7.00▼$15.50Volume464,478 shsAverage Volume585,437 shsMarket Capitalization$913.58 millionP/E Ratio10.38Dividend Yield5.25%Price Target$11.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Brookline Bancorp MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside15.5% Upside$11.88 Price TargetShort InterestHealthy0.85% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.35Based on 2 Articles This WeekInsider TradingSelling Shares$31,955 Sold Last QuarterProj. Earnings Growth-9.80%From $1.02 to $0.92 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.2.79 out of 5 starsFinance Sector66th out of 822 stocksFederal Savings Institutions Industry6th out of 39 stocks 2.3 Analyst's Opinion Consensus RatingBrookline Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.88, Brookline Bancorp has a forecasted upside of 15.5% from its current price of $10.28.Amount of Analyst CoverageBrookline Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.85% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Brookline Bancorp has recently decreased by 13.71%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBrookline Bancorp is a leading dividend payer. It pays a dividend yield of 5.33%, 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 54.55%. 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 58.70% 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 3.0 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 1.35. 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 higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Brookline Bancorp this week, compared to 2 articles on an average week.Search Interest3 people have searched for BRKL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Brookline Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% 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 sold 86.87% more of their company's stock than they have bought. Specifically, they have bought $17,100.00 in company stock and sold $31,955.00 in company stock.Percentage Held by InsidersOnly 2.89% of the stock of Brookline Bancorp is held by insiders.Percentage Held by Institutions77.11% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to decrease by -9.80% in the coming year, from $1.02 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 10.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 10.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.77.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 0.80. 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 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.Read More BRKL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRKL Stock News HeadlinesDecember 1, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) investors are sitting on a loss of 20% if they invested five years agoNovember 26, 2023 | americanbankingnews.comBrookline Bancorp, Inc. (NASDAQ:BRKL) Receives Consensus Rating of "Moderate Buy" from AnalystsDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 13, 2023 | seekingalpha.comBrookline Bancorp Is Offering A 6% Dividend Yield And A Positive Earnings OutlookNovember 10, 2023 | morningstar.comBrookline Bancorp Inc BRKLNovember 4, 2023 | finance.yahoo.comFour Days Left To Buy Brookline Bancorp, Inc. (NASDAQ:BRKL) Before The Ex-Dividend DateOctober 31, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Is Paying Out A Dividend Of $0.135October 27, 2023 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) Q3 2023 Earnings Call TranscriptDecember 5, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”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.October 27, 2023 | finance.yahoo.comQ3 2023 Brookline Bancorp Inc Earnings CallOctober 26, 2023 | seekingalpha.comBrookline Bancorp, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 26, 2023 | finance.yahoo.comBrookline (BRKL) Reports Q3 Earnings: What Key Metrics Have to SayOctober 25, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Lags Q3 Earnings and Revenue EstimatesOctober 11, 2023 | finance.yahoo.comImplied Volatility Surging for Brookline Bancorp (BRKL) Stock OptionsOctober 5, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference CallSeptember 12, 2023 | nasdaq.comSeaport Global Initiates Coverage of Brookline Bancorp (BRKL) with Buy RecommendationSeptember 1, 2023 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) is favoured by institutional owners who hold 79% of the companyJuly 30, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Is Due To Pay A Dividend Of $0.135July 28, 2023 | finance.yahoo.comQ2 2023 Brookline Bancorp Inc Earnings CallJuly 27, 2023 | finance.yahoo.comCompared to Estimates, Brookline (BRKL) Q2 Earnings: A Look at Key MetricsJuly 12, 2023 | finance.yahoo.comInsider Stock Buying Reaches US$1.1m On Brookline BancorpJuly 11, 2023 | seekingalpha.comInvesting In Brookline Bancorp: Balancing Caution And OpportunityJune 2, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) investors are sitting on a loss of 47% if they invested five years agoMay 13, 2023 | marketwatch.comBrookline Bancorp $BRKL Trading ReportMay 6, 2023 | finance.yahoo.comHere's What We Like About Brookline Bancorp's (NASDAQ:BRKL) Upcoming DividendMay 3, 2023 | marketwatch.comWhen the Price of Brookline Bancorp $BRKL Talks, People ListenMay 1, 2023 | markets.businessinsider.comKBW Sticks to Their Hold Rating for Brookline Bancorp (BRKL)See More Headlines 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 Company Calendar Last Earnings10/25/2023Ex-Dividend for 11/24 Dividend11/09/2023Dividend Payable11/24/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get 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) 425-4600Fax800-253-5177Employees813Year Founded1871Price 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio10.38 Forward P/E Ratio10.08 P/E GrowthN/ANet Income$109.74 million Net Margins14.57% Pretax Margin18.08% Return on Equity8.88% Return on Assets0.92% Debt Debt-to-Equity Ratio0.98 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$373.53 million Price / Sales2.45 Cash Flow$1.65 per share Price / Cash Flow6.24 Book Value$12.91 per share Price / Book0.80Miscellaneous Outstanding Shares88,870,000Free Float86,298,000Market Cap$913.58 million OptionableOptionable Beta0.79 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Paul A. Perrault (Age 71)Chairman & CEO Comp: $1.89MMr. Michael W. McCurdy Esq. (Age 54)Co-President & COO Comp: $1.03MMr. Carl M. Carlson (Age 59)Co-President & Chief Financial Officer Comp: $949.45kMr. James M. Cosman (Age 72)Chief Operations Officer Comp: $738.46kMr. Darryl J. Fess (Age 61)President, CEO & Director of Brookline Bank Comp: $827.88kMs. 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: $616.44kMr. 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: $538.47kMore ExecutivesKey CompetitorsCapitol Federal FinancialNASDAQ:CFFNProvident Financial ServicesNYSE:PFSKearny FinancialNASDAQ:KRNYNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKWaterstone FinancialNASDAQ:WSBFView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 92,291 shares on 11/30/2023Ownership: 0.888%Deutsche Bank AGBought 6,232 shares on 11/24/2023Ownership: 0.043%Public Sector Pension Investment BoardSold 46,219 shares on 11/22/2023Ownership: 0.123%Graham Capital Management L.P.Sold 12,919 shares on 11/22/2023Ownership: 0.019%Comerica BankBought 84,248 shares on 11/21/2023Ownership: 0.095%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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