Positive News SentimentPositive NewsNASDAQ:BRKL Brookline Bancorp (BRKL) Stock Forecast, Price & News $8.78 -0.15 (-1.68%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$8.74▼$8.9350-Day Range$8.78▼$10.8952-Week Range$7.00▼$15.50Volume277,918 shsAverage Volume453,992 shsMarket Capitalization$778.52 millionP/E Ratio7.84Dividend Yield6.15%Price Target$14.56 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Brookline Bancorp MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside65.9% Upside$14.56 Price TargetShort InterestHealthy1.33% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth5.88%From $1.02 to $1.08 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.3.16 out of 5 starsFinance Sector52nd out of 864 stocksFederal Savings Institutions Industry4th out of 37 stocks 3.3 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 $14.56, Brookline Bancorp has a forecasted upside of 65.9% from its current price of $8.78.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 Shorted1.33% 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 2.4, 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 9.92%, 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 5.93%, 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 48.21%. 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 50.00% 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 3.6 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 1.57. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article 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 50% compared to the previous 30 days.MarketBeat Follows2 people have added Brookline Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brookline Bancorp insiders have not sold or bought any 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to grow by 5.88% in the coming year, from $1.02 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 7.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.48.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 0.68. 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 (NASDAQ:BRKL) StockBrookline 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRKL Stock News HeadlinesSeptember 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 companyOctober 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. July 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 OpportunityOctober 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. June 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)April 30, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Has Affirmed Its Dividend Of $0.135April 29, 2023 | seekingalpha.comBrookline Bancorp, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 28, 2023 | finance.yahoo.comQ1 2023 Brookline Bancorp Inc Earnings CallApril 28, 2023 | msn.comBrookline Bancorp (BRKL) Declares $0.14 DividendApril 26, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Q1 Earnings and Revenues Lag EstimatesApril 26, 2023 | finance.yahoo.comBrookline Bancorp Announces First Quarter Results Reflecting One-Time Costs Associated with PCSB Financial Corporation AcquisitionApril 24, 2023 | marketwatch.comBrookline Bancorp $BRKL Pivots Trading Plans and Risk ControlsApril 19, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 ReleaseApril 12, 2023 | finance.yahoo.comImplied Volatility Surging for Brookline (BRKL) Stock OptionsApril 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Brookline Bancorp (BRKL) Market Perform RecommendationApril 6, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on Brookline Bancorp (BRKL)April 6, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces First Quarter 2023 Earnings Release Date and Conference CallMarch 27, 2023 | marketwatch.comTrading Brookline Bancorp $BRKL With Integrated Risk ControlsSee 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 BRKL Company Calendar Last Earnings7/26/2023Ex-Dividend for 8/25 Dividend8/10/2023Dividend Payable8/25/2023Today10/03/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get 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 Forecast$14.56 High Stock Price Forecast$20.00 Low Stock Price Forecast$10.75 Forecasted Upside/Downside+65.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.12 Trailing P/E Ratio7.84 Forward P/E Ratio8.61 P/E GrowthN/ANet Income$109.74 million Net Margins17.70% Pretax Margin21.75% Return on Equity10.06% Return on Assets1.06% Debt Debt-to-Equity Ratio1.06 Current Ratio1.08 Quick Ratio1.08 Sales & Book Value Annual Sales$373.53 million Price / Sales2.08 Cash Flow$1.57 per share Price / Cash Flow5.61 Book Value$12.91 per share Price / Book0.68Miscellaneous Outstanding Shares88,670,000Free Float86,103,000Market Cap$778.52 million OptionableOptionable Beta0.72 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Paul A. Perrault (Age 71)Chairman & CEO Comp: $1.89MMr. Michael W. McCurdy Esq. (Age 54)Co-Pres & COO Comp: $1.03MMr. Carl M. Carlson (Age 59)Co-Pres & Chief Financial Officer Mr. James M. Cosman (Age 72)Chief Operations Officer Comp: $738.46kMr. Darryl J. Fess (Age 61)Pres, CEO & Director of Brookline Bank Comp: $827.88kMs. 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 More ExecutivesKey CompetitorsCapitol Federal FinancialNASDAQ:CFFNKearny FinancialNASDAQ:KRNYProvident Financial ServicesNYSE:PFSNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKWaterstone FinancialNASDAQ:WSBFView All CompetitorsInsiders & InstitutionsBaystate Wealth Management LLCBought 1,393 shares on 9/21/2023Ownership: 0.019%Teachers Retirement System of The State of KentuckyBought 1,346 shares on 8/21/2023Ownership: 0.133%California State Teachers Retirement SystemSold 5,766 shares on 8/21/2023Ownership: 0.117%Osaic Holdings Inc.Bought 2,271 shares on 8/21/2023Ownership: 0.009%Legato Capital Management LLCBought 19,117 shares on 8/18/2023Ownership: 0.076%View All Insider TransactionsView All Institutional Transactions 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 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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