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

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

Brookline Bancorp announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Friday, May 10th will be given a dividend of $0.11 per share on Friday, May 24th. This represents a $0.44 dividend on an annualized basis and a yield of 3.00%. 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.

Brookline Bancorp declared that its Board of Directors has authorized a share repurchase program on Thursday, December 6th 2018, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings results on Wednesday, April, 24th. The bank reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. The bank earned $69.63 million during the quarter, compared to analyst estimates 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.

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

4 analysts have issued 1-year price targets for Brookline Bancorp's stock. Their forecasts range from $17.00 to $18.50. On average, they expect Brookline Bancorp's share price to reach $17.50 in the next year. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets 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.

News headlines about BRKL stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookline Bancorp earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Brookline Bancorp.

Some companies that are related to Brookline Bancorp include Umpqua (UMPQ), BankUnited (BKU), Capitol Federal Financial (CFFN), LegacyTexas Financial Group (LTXB), Flagstar Bancorp (FBC), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF) and Sterling Bancorp (SBT).

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).

Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Jennison Associates LLC (1.20%), Hennessy Advisors Inc. (0.50%), Canton Hathaway LLC (0.47%), Moody Aldrich Partners LLC (0.43%), First Manhattan Co. (0.35%) and California Public Employees Retirement System (0.31%). 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.

BRKL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Hennessy Advisors Inc., Royce & Associates LP, Jennison Associates LLC, Victory Capital Management Inc., First Manhattan Co., HGK Asset Management Inc. and Moors & Cabot Inc.. 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.

BRKL stock was bought by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, 361 Capital LLC, Context BH Capital Management LP, Acadian Asset Management LLC, First Trust Advisors LP, Moody Aldrich Partners LLC, Moors & Cabot Inc. and Brinker Capital Inc.. 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.

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.

One share of BRKL stock can currently be purchased for approximately $14.67.

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.

The official website for Brookline Bancorp is http://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]