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

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

Brookline Bancorp declared a quarterly dividend on Wednesday, July 24th. Shareholders of record on Friday, August 9th will be given a dividend of $0.11 per share on Friday, August 23rd. This represents a $0.44 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Thursday, August 8th. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its board has initiated a stock buyback plan 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 buy up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Wednesday, July, 24th. The bank reported $0.25 EPS for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.04. The bank earned $70.61 million during the quarter, compared to analysts' expectations of $71.30 million. Brookline Bancorp had a net margin of 23.77% and a return on equity of 9.60%. During the same period in the previous year, the firm earned $0.26 earnings per share. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Brookline Bancorp.

4 brokerages have issued 1-year target prices for Brookline Bancorp's shares. Their predictions range from $16.00 to $17.00. On average, they expect Brookline Bancorp's stock price to reach $16.6667 in the next year. This suggests a possible upside of 20.7% 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 stories about BRKL stock have trended positive recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookline Bancorp earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Brookline Bancorp.

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

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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.75%), Vanguard Group Inc. (10.23%), Renaissance Technologies LLC (2.02%), Northern Trust Corp (1.89%), Invesco Ltd. (1.62%) and Bank of New York Mellon Corp (1.54%). 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 Renaissance Technologies LLC, Hennessy Advisors Inc., Vanguard Group Inc., Context BH Capital Management LP, Jennison Associates LLC, Jennison Associates LLC, SG Americas Securities LLC and First Trust Advisors LP. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, David C Chapin, John A Hackett, Mark J Meiklejohn and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Morgan Stanley, Acadian Asset Management LLC, BlackRock Inc., Invesco Ltd., Bank of America Corp DE and Citadel Advisors LLC. 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 $13.81.

Brookline Bancorp has a market capitalization of $1.10 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]