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

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

Brookline Bancorp announced a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Friday, November 8th will be given a dividend of $0.115 per share on Friday, November 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Thursday, November 7th. This is a boost from Brookline Bancorp's previous quarterly dividend of $0.11. View Brookline Bancorp's Dividend History.

Brookline Bancorp announced that its Board of Directors has authorized a share buyback plan on Thursday, December 6th 2018, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 0.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its earnings results on Wednesday, October, 23rd. The bank reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. The bank earned $71.17 million during the quarter. Brookline Bancorp had a net margin of 23.28% and a return on equity of 9.63%. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Brookline Bancorp.

4 Wall Street analysts have issued 1 year target prices for Brookline Bancorp's shares. Their forecasts range from $16.00 to $17.00. On average, they anticipate Brookline Bancorp's stock price to reach $16.67 in the next twelve months. This suggests a possible upside of 9.0% 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.

Media coverage about BRKL stock has been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -2.5 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Brookline Bancorp.

Brookline Bancorp saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,430,000 shares, an increase of 7.5% from the December 15th total of 1,330,000 shares. Based on an average daily trading volume, of 212,200 shares, the days-to-cover ratio is presently 6.7 days. Approximately 1.8% of the shares of the stock are sold short. View Brookline Bancorp's Current Options Chain.

Some companies that are related to Brookline Bancorp include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and OceanFirst Financial (OCFC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookline Bancorp investors own include Bank of America (BAC), PDL BioPharma (PDLI), Altria Group (MO), Ford Motor (F), General Electric (GE), Kinder Morgan (KMI), Transocean (RIG), Tapestry (TPR), Domtar (UFS) and Advanced Micro Devices (AMD).

Brookline Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Canton Hathaway LLC (0.44%), Hennessy Advisors Inc. (0.35%), New York State Teachers Retirement System (0.28%), California Public Employees Retirement System (0.28%), Zeke Capital Advisors LLC (0.09%) and State of Alaska Department of Revenue (0.08%). 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, M Robert Rose, Mark J Meiklejohn and Michael W Mccurdy. View Institutional Ownership Trends for Brookline Bancorp.

BRKL stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Arizona State Retirement System, Canton Hathaway LLC, Hennessy Advisors Inc., Winthrop Advisory Group LLC, Assenagon Asset Management S.A., CWM Advisors LLC and Louisiana State Employees Retirement System. 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 bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, HGK Asset Management Inc., Boston Trust Walden Corp and Zeke Capital Advisors LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include Joanne B Chang and John J Doyle, Jr. 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 $15.29.

Brookline Bancorp has a market capitalization of $1.22 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]