Brookline Bancorp - BRKL Stock Forecast, Price & News

0 Wall Street research analysts have issued 1-year target prices for Brookline Bancorp's stock. Their BRKL share price forecasts range from $14.50 to $20.00. On average, they predict the company's share price to reach $17.25 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for BRKL or view top-rated stocks among Wall Street analysts.

Brookline Bancorp's stock was trading at $16.19 at the beginning of 2022. Since then, BRKL stock has decreased by 13.7% and is now trading at $13.98.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our BRKL earnings forecast.

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its quarterly earnings data on Wednesday, October, 26th. The bank reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. The bank earned $84.86 million during the quarter, compared to analysts' expectations of $81.70 million. Brookline Bancorp had a trailing twelve-month return on equity of 11.24% and a net margin of 31.14%.

Brookline Bancorp announced a quarterly dividend on Wednesday, October 26th. Stockholders of record on Friday, November 11th will be paid a dividend of $0.135 per share on Friday, November 25th. This represents a $0.54 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, November 9th. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for BRKL.

Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.54 per share and currently has a dividend yield of 3.86%. 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 38.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 33.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRKL.

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.

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).

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

Brookline Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.73%), Vanguard Group Inc. (11.22%), Dimensional Fund Advisors LP (6.72%), Massachusetts Financial Services Co. MA (4.16%), State Street Corp (4.09%) and Jennison Associates LLC (1.51%). 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 W Mccurdy, Peter O Wilde and Thomas J Hollister.
View institutional ownership trends.

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.

One share of BRKL stock can currently be purchased for approximately $13.98.

Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $1.07 billion and generates $338.52 million in revenue each year. The bank earns $115.44 million in net income (profit) each year or $1.41 on an earnings per share basis.

The company employs 786 workers across the globe.

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.