Brookline Bancorp Stock Price, News & Analysis (NASDAQ:BRKL)

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

Brookline Bancorp declared a quarterly dividend on Wednesday, July 24th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.11 per share on Friday, August 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Thursday, August 8th. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its board has approved a stock repurchase plan on Thursday, December 6th 2018, which allows the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its quarterly earnings results on Wednesday, July, 24th. The bank reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.04. The bank had revenue of $70.61 million for 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 business posted $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.

Brookline Bancorp will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 analysts have issued 12-month price objectives for Brookline Bancorp's shares. Their forecasts range from $16.00 to $17.00. On average, they expect Brookline Bancorp's share price to reach $16.67 in the next twelve months. This suggests a possible upside of 14.2% 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 coverage about BRKL stock has been trending negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookline Bancorp earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Brookline Bancorp.

Brookline Bancorp saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,280,000 shares, a drop of 13.5% from the August 30th total of 1,480,000 shares. Based on an average trading volume of 275,100 shares, the short-interest ratio is presently 4.7 days. Currently, 1.7% of the shares of the company are sold short. View Brookline Bancorp's Current Options Chain.

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), Meta Financial Group (CASH), OceanFirst Financial (OCFC), Kearny Financial (KRNY), 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), Kinder Morgan (KMI), Altria Group (MO), Jagged Peak Energy (JAG), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY) and New York Community Bancorp (NYCB).

Brookline Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Canton Hathaway LLC (0.47%), Hennessy Advisors Inc. (0.38%), State of Alaska Department of Revenue (0.08%) and Measured Wealth Private Client Group LLC (0.01%). Company insiders that own Brookline Bancorp stock include Charles H Peck, Darryl J Fess, David C Chapin, James J Mccarthy, 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 Hennessy Advisors Inc. and Canton Hathaway LLC. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, James J Mccarthy, John A Hackett, Mark J Meiklejohn and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Measured Wealth Private Client Group 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, Robinhood, Fidelity and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $14.60.

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]