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3 More Downgrades To Put On Your Buy List 
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Urgent Warning (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Urgent Warning (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
Biden To Unleash "Choke Point" Operation On America? (Ad)
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Urgent Warning (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Urgent Warning (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
Biden To Unleash "Choke Point" Operation On America? (Ad)
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Urgent Warning (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Urgent Warning (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
Biden To Unleash "Choke Point" Operation On America? (Ad)
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
NASDAQ:BRKL

Brookline Bancorp - BRKL Stock Forecast, Price & News

$10.60
-0.02 (-0.19%)
(As of 03/28/2023 12:00 AM ET)
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Compare
Today's Range
$10.50
$10.73
50-Day Range
$10.23
$13.85
52-Week Range
$10.12
$16.41
Volume
416,416 shs
Average Volume
843,001 shs
Market Capitalization
$939.90 million
P/E Ratio
7.41
Dividend Yield
5.09%
Price Target
$17.25

Brookline Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
62.7% Upside
$17.25 Price Target
Short Interest
Healthy
3.02% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Brookline Bancorp in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$458,360 Bought Last Quarter
Proj. Earnings Growth
7.64%
From $1.44 to $1.55 Per Share

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 stars

Finance Sector

122nd out of 892 stocks

Federal Savings Institutions Industry

3rd out of 44 stocks


BRKL stock logo

About Brookline Bancorp (NASDAQ:BRKL) Stock

Brookline 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.

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BRKL Stock News Headlines

StockNews.com Upgrades Brookline Bancorp (NASDAQ:BRKL) to Hold
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StockNews.com Lowers Brookline Bancorp (NASDAQ:BRKL) to Sell
Brookline Bancorp Stock (NASDAQ:BRKL), Dividends
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Brookline Bancorp (BRKL) Lags Q4 Earnings Estimates
Banner (BANR) Q4 Earnings and Revenues Beat Estimates
BRKL Brookline Bancorp, Inc.
Brookline Bancorp (NASDAQ: BRKL)
Brookline Bancorp: Q3 Earnings Insights
See More Headlines
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BRKL Company Calendar

Last Earnings
1/26/2023
Ex-Dividend for 2/24 Dividend
2/09/2023
Dividend Payable
2/24/2023
Today
3/29/2023
Next Earnings (Estimated)
4/26/2023
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
786
Year Founded
1871

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$109.74 million
Pretax Margin
37.47%

Debt

Sales & Book Value

Annual Sales
$373.53 million
Cash Flow
$1.63 per share
Book Value
$12.91 per share

Miscellaneous

Free Float
86,182,000
Market Cap
$939.90 million
Optionable
Optionable
Beta
0.69

Social Links


Key Executives

  • Paul A. Perrault
    Chairman & Chief Executive Officer
  • Michael W. McCurdy
    Co-President & Chief Operating Officer
  • Carl M. Carlson
    Co-President, CFO & Chief Strategy Officer
  • James M. Cosman
    Co-Chief Operating Officer
  • Robert M. Rose
    Principal













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
.

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