NASDAQ:BRKL - Brookline Bancorp Stock Price, News, & Analysis

$14.72
-0.07 (-0.47 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$14.59
Now: $14.72
$14.83
50-Day Range
$14.35
MA: $15.02
$15.89
52-Week Range
$12.84
Now: $14.72
$19.35
Volume188,570 shs
Average Volume189,183 shs
Market Capitalization$1.17 billion
P/E Ratio13.76
Dividend Yield2.97%
Beta0.9
Brookline Bancorp, Inc operates as the holding company for Brookline Bank, Bank Rhode Island, First Ipswich Bank, and Brookline Securities Corp that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include non-interest-bearing demand checking accounts, NOW accounts, savings accounts, and money market accounts, as well as commercial, municipal, and retail deposits. Read More…

Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:BRKL
CUSIP11373M10
Phone617-425-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$339.12 million
Cash Flow$1.2969 per share
Book Value$11.31 per share

Profitability

Net Income$83.06 million

Miscellaneous

Employees749
Market Cap$1.17 billion
Next Earnings Date7/24/2019 (Confirmed)
OptionableOptionable

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Brookline Bancorp (NASDAQ:BRKL) Frequently Asked Questions

What is Brookline Bancorp's stock symbol?

Brookline Bancorp trades on the NASDAQ under the ticker symbol "BRKL."

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

Brookline Bancorp declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.11 per share on Friday, May 24th. This represents a $0.44 annualized dividend and a yield of 2.99%. The ex-dividend date is Thursday, May 9th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.11. View Brookline Bancorp's Dividend History.

How will Brookline Bancorp's stock buyback program work?

Brookline Bancorp declared that its board has approved a stock repurchase plan on Thursday, December 6th 2018, which allows the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its quarterly earnings results on Wednesday, April, 24th. The bank reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. The bank had revenue of $69.63 million for the quarter, compared to the consensus estimate of $69.40 million. Brookline Bancorp had a return on equity of 9.78% and a net margin of 24.61%. View Brookline Bancorp's Earnings History.

When is Brookline Bancorp's next earnings date?

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Brookline Bancorp.

What price target have analysts set for BRKL?

4 equities research analysts have issued 1 year price objectives for Brookline Bancorp's stock. Their forecasts range from $17.00 to $18.50. On average, they anticipate Brookline Bancorp's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.

What is the consensus analysts' recommendation for Brookline Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

Has Brookline Bancorp been receiving favorable news coverage?

News articles about BRKL stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookline Bancorp earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Brookline Bancorp.

Who are some of Brookline Bancorp's key competitors?

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 Bank of America (BAC), PDL BioPharma (PDLI), Ford Motor (F), General Electric (GE), Altria Group (MO), Jagged Peak Energy (JAG), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY), New York Community Bancorp (NYCB) and Transocean (RIG).

Who are Brookline Bancorp's key executives?

Brookline Bancorp's management team includes the folowing people:
  • Mr. Paul A. Perrault, Pres, CEO & Director (Age 67)
  • Mr. Carl M. Carlson, Chief Financial Officer (Age 55)
  • Mr. M. Robert Rose, Chief Credit Officer (Age 67)
  • Mr. Darryl J. Fess, Pres & CEO of Brookline Bank (Age 57)
  • Mr. Mark J. Meiklejohn, Pres, CEO & Director of Bank Rhode Island (Age 55)

Who are Brookline Bancorp's major shareholders?

Brookline Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.53%), Dimensional Fund Advisors LP (7.88%), Goldman Sachs Group Inc. (3.24%), Renaissance Technologies LLC (2.08%), Northern Trust Corp (1.85%) and Wellington Management Group LLP (1.51%). Company insiders that own Brookline Bancorp stock include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, Joanne B Chang, John A Hackett, John J Doyle, Jr, John L Hall II, M Robert Rose, Mark J Meiklejohn, Michael W Mccurdy, Paul A Perrault and Thomas J Hollister. View Institutional Ownership Trends for Brookline Bancorp.

Which institutional investors are selling Brookline Bancorp stock?

BRKL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Dimensional Fund Advisors LP, BlackRock Inc., Hennessy Advisors Inc., Royce & Associates LP, Renaissance Technologies LLC and JPMorgan Chase & Co.. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, David C Chapin, James M Cosman, John A Hackett, M Robert Rose, Mark J Meiklejohn and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

Which institutional investors are buying Brookline Bancorp stock?

BRKL stock was purchased by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Martingale Asset Management L P, 361 Capital LLC, Goldman Sachs Group Inc., Context BH Capital Management LP, Wellington Management Group LLP and Acadian Asset Management LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include Joanne B Chang, John J Doyle, Jr and John L Hall II. View Insider Buying and Selling for Brookline Bancorp.

How do I buy shares of Brookline Bancorp?

Shares of BRKL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Brookline Bancorp's stock price today?

One share of BRKL stock can currently be purchased for approximately $14.72.

How big of a company is Brookline Bancorp?

Brookline Bancorp has a market capitalization of $1.17 billion and generates $339.12 million in revenue each year. The bank earns $83.06 million in net income (profit) each year or $1.07 on an earnings per share basis. Brookline Bancorp employs 749 workers across the globe.View Additional Information About Brookline Bancorp.

What is Brookline Bancorp's official website?

The official website for Brookline Bancorp is http://www.brooklinebancorp.com/.

How can I contact Brookline Bancorp?

Brookline Bancorp's mailing address is 131 CLARENDON STREET, BOSTON MA, 02116. The bank can be reached via phone at 617-425-4600 or via email at [email protected]


MarketBeat Community Rating for Brookline Bancorp (NASDAQ BRKL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  403
MarketBeat's community ratings are surveys of what our community members think about Brookline Bancorp and other stocks. Vote "Outperform" if you believe BRKL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRKL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/15/2019 by MarketBeat.com Staff

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