NASDAQ:BRKL

Brookline Bancorp Stock Forecast, Price & News

$14.64
+0.38 (+2.66 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$14.41
$14.79
50-Day Range
$13.50
$15.29
52-Week Range
$8.13
$17.14
Volume266,021 shs
Average Volume313,164 shs
Market Capitalization$1.14 billion
P/E Ratio11.09
Dividend Yield3.37%
Beta0.78
30 days | 90 days | 365 days | Advanced Chart
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Brookline Bancorp logo

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a bank holding company. It operates through the following segments: Commercial Real Estate Loans, Commercial Loans and Leases, and Consumer Loans. The Commercial Real Estate Loans segment includes commercial real estate mortgage loans, multi-family mortgage loans, and construction loans. The Commercial Loans and Leases segment consists of commercial loans, which includes taxi medallion loans, equipment financing, and loans to condominium associations. The Consumer Loans Segment comprises of residential mortgage loans, home equity loans, and consumer loans. The company was founded on November 1, 1997 and is headquartered in Boston, MA.

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MarketRank

Overall MarketRank

1.97 out of 5 stars

Finance Sector

673rd out of 1,331 stocks

Federal Savings Institutions Industry

23rd out of 63 stocks

Analyst Opinion: 1.3Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Brookline Bancorp (NASDAQ:BRKL) Frequently Asked Questions

Is Brookline Bancorp a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Brookline Bancorp stock.
View analyst ratings for Brookline Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Brookline Bancorp?

Wall Street analysts have given Brookline Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brookline Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Brookline Bancorp?

Brookline Bancorp saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,190,000 shares, an increase of 22.3% from the August 15th total of 972,800 shares. Based on an average daily volume of 268,400 shares, the short-interest ratio is currently 4.4 days. Approximately 1.6% of the shares of the stock are short sold.
View Brookline Bancorp's Short Interest
.

When is Brookline Bancorp's next earnings date?

Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Brookline Bancorp
.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its earnings results on Tuesday, July, 27th. The bank reported $0.40 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.09. The bank earned $77.02 million during the quarter, compared to the consensus estimate of $74.69 million. Brookline Bancorp had a trailing twelve-month return on equity of 10.89% and a net margin of 30.60%.
View Brookline Bancorp's earnings history
.

How has Brookline Bancorp's stock price been impacted by COVID-19?

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BRKL stock has increased by 22.6% and is now trading at $14.64.
View which stocks have been most impacted by COVID-19
.

How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp?

Brookline Bancorp announced a quarterly dividend on Wednesday, July 28th. Shareholders of record on Friday, August 13th will be paid a dividend of $0.12 per share on Friday, August 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Thursday, August 12th.
View Brookline Bancorp's dividend history
.

Is Brookline Bancorp a good dividend stock?

Brookline Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.37%. Brookline Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Brookline Bancorp is 82.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 39.02% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend.
View Brookline Bancorp's dividend history.

What price target have analysts set for BRKL?

2 equities research analysts have issued 12-month price objectives for Brookline Bancorp's shares. Their forecasts range from $10.00 to $17.00. On average, they anticipate Brookline Bancorp's stock price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 7.8%.
View analysts' price targets for Brookline Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Brookline Bancorp's key executives?

Brookline Bancorp's management team includes the following people:
  • Paul A. Perrault, Chairman & Chief Executive Officer
  • Michael W. McCurdy, Co-President & Chief Operating Officer
  • Carl M. Carlson, Co-President & Chief Financial Officer
  • James M. Cosman, Chief Operating Officer
  • Robert M. Rose, Chief Credit Officer

What is Paul A. Perrault's approval rating as Brookline Bancorp's CEO?

20 employees have rated Brookline Bancorp CEO Paul A. Perrault on Glassdoor.com. Paul A. Perrault has an approval rating of 83% among Brookline Bancorp's employees.

What other stocks do shareholders of Brookline Bancorp own?

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).

What is Brookline Bancorp's stock symbol?

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

Who are Brookline Bancorp's major shareholders?

Brookline Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.72%), Vanguard Group Inc. (10.83%), Dimensional Fund Advisors LP (6.39%), Fuller & Thaler Asset Management Inc. (5.27%), State Street Corp (4.27%) and Massachusetts Financial Services Co. MA (3.96%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, Charles H Peck, Darryl J Fess, James J Mccarthy, James M Cosman, John A Hackett, Peter O Wilde and Thomas J Hollister.
View institutional ownership trends for Brookline Bancorp
.

Which institutional investors are selling Brookline Bancorp stock?

BRKL stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Dimensional Fund Advisors LP, Renaissance Technologies LLC, BlackRock Inc., California Public Employees Retirement System, Bank of America Corp DE, Citadel Advisors LLC, and Thrivent Financial for Lutherans. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, Darryl J Fess, James M Cosman, and John A Hackett.
View insider buying and selling activity for Brookline Bancorp
or view top insider-selling stocks.

Which institutional investors are buying Brookline Bancorp stock?

BRKL stock was acquired by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Millennium Management LLC, Morgan Stanley, Morgan Stanley, State Street Corp, Brandywine Global Investment Management LLC, Congress Asset Management Co. MA, and First Trust Advisors LP. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Peter O Wilde, and Thomas J Hollister.
View insider buying and selling activity for Brookline Bancorp
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brookline Bancorp's stock price today?

One share of BRKL stock can currently be purchased for approximately $14.64.

How much money does Brookline Bancorp make?

Brookline Bancorp has a market capitalization of $1.14 billion and generates $351.46 million in revenue each year. The bank earns $47.63 million in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does Brookline Bancorp have?

Brookline Bancorp employs 797 workers across the globe.

When was Brookline Bancorp founded?

Brookline Bancorp was founded in 1871.

What is Brookline Bancorp's official website?

The official website for Brookline Bancorp is www.brooklinebancorp.com.

Where are Brookline Bancorp's headquarters?

Brookline Bancorp is headquartered at 131 CLARENDON STREET, BOSTON MA, 02116.

How can I contact Brookline Bancorp?

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].


This page was last updated on 9/24/2021 by MarketBeat.com Staff
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