Brookline Bancorp - BRKL Stock Forecast, Price & News

0 brokers have issued 12-month price targets for Brookline Bancorp's stock. Their BRKL share price forecasts range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 46.8% 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 on January 1st, 2022. Since then, BRKL shares have decreased by 24.3% and is now trading at $12.26.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our BRKL earnings forecast.

Brookline Bancorp, Inc. (NASDAQ:BRKL) posted its quarterly earnings results on Wednesday, July, 27th. The bank reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.01. The bank had revenue of $78.80 million for the quarter, compared to the consensus estimate of $78.70 million. Brookline Bancorp had a net margin of 31.88% and a trailing twelve-month return on equity of 10.98%. During the same quarter in the prior year, the company earned $0.40 earnings per share.

Brookline Bancorp announced a quarterly dividend on Wednesday, July 27th. Investors of record on Friday, August 12th will be given a dividend of $0.13 per share on Friday, August 26th. This represents a $0.52 annualized dividend and a yield of 4.24%. The ex-dividend date is Thursday, August 11th.
Read our dividend analysis for BRKL.

Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.52 per share and currently has a dividend yield of 4.17%. 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 37.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 32.50% 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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.31%), Massachusetts Financial Services Co. MA (4.07%), Goldman Sachs Group Inc. (2.53%), Jennison Associates LLC (2.30%), Polaris Capital Management LLC (1.56%) and JPMorgan Chase & Co. (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 J Mccarthy, James M Cosman, John A Hackett, John A Hackett, Michael W Mccurdy, Peter O Wilde and Thomas J Hollister.
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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.
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One share of BRKL stock can currently be purchased for approximately $12.26.

Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $940.15 million and generates $338.52 million in revenue each year. The bank earns $115.44 million in net income (profit) each year or $1.39 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.