NASDAQ:BRKLBrookline Bancorp Stock Price, Forecast & News

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRKL shares have decreased by 22.9% and is now trading at $9.21. View which stocks have been most impacted by Coronavirus.

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

Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Brookline Bancorp.

Brookline Bancorp will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its quarterly earnings data on Wednesday, April, 29th. The bank reported ($0.23) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.45. The bank had revenue of $71.04 million for the quarter, compared to analysts' expectations of $70.56 million. Brookline Bancorp had a net margin of 12.67% and a return on equity of 5.15%. View Brookline Bancorp's earnings history.

Brookline Bancorp declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.115 per share on Friday, May 29th. This represents a $0.46 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Thursday, May 14th. View Brookline Bancorp's dividend history.

Brookline Bancorp announced that its Board of Directors has initiated a share buyback program on Thursday, December 6th 2018, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

4 analysts have issued 12 month price objectives for Brookline Bancorp's stock. Their forecasts range from $16.00 to $16.00. On average, they expect Brookline Bancorp's stock price to reach $16.00 in the next year. This suggests a possible upside of 73.7% from the stock's current price. View analysts' price targets for Brookline Bancorp.

Press coverage about BRKL stock has been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookline Bancorp earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news about Brookline Bancorp.

Some companies that are related to Brookline Bancorp include People's United Financial (PBCT), New York Community Bancorp (NYCB), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Simply Good Foods (SMPL), Washington Federal (WAFD), EverBank Financial (EVER), Capitol Federal Financial (CFFN), Walker & Dunlop (WD), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC) and Provident Financial Services (PFS). View all competitors.

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 Comcast (CMCSA).

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

Brookline Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Aries Wealth Management (0.02%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, David C Chapin, James J Mccarthy, James M Cosman, Joanne B Chang, John A Hackett, John J Doyle, Jr, M Robert Rose, Mark J Meiklejohn, Michael W Mccurdy, Peter O Wilde and Thomas J Hollister. View institutional ownership trends for Brookline Bancorp.

BRKL stock was sold by a variety of institutional investors in the last quarter, including Aries Wealth Management. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, James J Mccarthy, John A Hackett, and Michael W Mccurdy. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $9.21.

Brookline Bancorp has a market capitalization of $726.84 million and generates $377.42 million in revenue each year. The bank earns $87.72 million in net income (profit) each year or $1.10 on an earnings per share basis. Brookline Bancorp employs 749 workers across the globe.

The official website for Brookline Bancorp is www.brooklinebancorp.com.

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]