Brookline Bancorp Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Brookline Bancorp stock.
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Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Brookline Bancorp.

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its earnings results on Tuesday, April, 27th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.06. The bank earned $73.90 million during the quarter, compared to the consensus estimate of $72.54 million. Brookline Bancorp had a net margin of 26.73% and a trailing twelve-month return on equity of 9.70%.
View Brookline Bancorp's earnings history.

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRKL stock has increased by 30.6% and is now trading at $15.59.
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Brookline Bancorp declared a quarterly dividend on Wednesday, April 28th. Shareholders of record on Friday, May 14th will be given a dividend of $0.12 per share on Friday, May 28th. This represents a $0.48 annualized dividend and a yield of 3.08%. The ex-dividend date is Thursday, May 13th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.12.
View Brookline Bancorp's dividend history.

Brookline Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.20%. 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 40.00% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend.
View Brookline Bancorp's dividend history.

3 equities research analysts have issued 12-month price objectives for Brookline Bancorp's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Brookline Bancorp's share price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 13.4%.
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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.

Some companies that are related to Brookline Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), The Simply Good Foods (SMPL), Walker & Dunlop (WD), LendingTree (TREE), WSFS Financial (WSFS), Washington Federal (WAFD), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB) and OceanFirst Financial (OCFC).
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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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.91%), Dimensional Fund Advisors LP (6.65%), Massachusetts Financial Services Co. MA (3.94%), Goldman Sachs Group Inc. (3.58%), Jennison Associates LLC (2.08%) and Geode Capital Management LLC (1.68%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, Darryl J Fess, James J Mccarthy, James M Cosman, John A Hackett, Michael W Mccurdy, Peter O Wilde 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, Millennium Management LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Morgan Stanley, M3F Inc., Massachusetts Financial Services Co. MA, and Polaris Capital Management LLC. 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.

BRKL stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Congress Asset Management Co. MA, Geode Capital Management LLC, Goldman Sachs Group Inc., BHZ Capital Management LP, Barclays PLC, Ergoteles LLC, and Cubist Systematic Strategies LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Peter O Wilde, and Thomas J Hollister.
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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.
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One share of BRKL stock can currently be purchased for approximately $15.59.

Brookline Bancorp has a market capitalization of $1.22 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.

Brookline Bancorp employs 780 workers across the globe.

Brookline Bancorp was founded in 1871.

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

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

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]