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

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$14.93 +0.08 (+0.54 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$14.85
Today's Range$14.49 - $15.12
52-Week Range$12.84 - $19.35
Volume221,868 shs
Average Volume275,422 shs
Market Capitalization$1.20 billion
P/E Ratio13.95
Dividend Yield2.83%
Beta0.91
Brookline Bancorp, Inc. operates as the holding company for Brookline Bank, Bank Rhode Island, First Ipswich Bank, and Brookline Securities Corp that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include non-interest-bearing demand checking accounts, NOW accounts, savings accounts, and money market accounts, as well as commercial, municipal, and retail deposits. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; financing for construction and development projects; home equity and other consumer loans; and commercial loans and leases to small and midsized businesses. It also provides term loans, letters of credit, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2018, the Company operated 51 full-service banking offices in greater Boston, the north shore of Massachusetts, and Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

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Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:BRKL
CUSIP11373M10
Phone617-425-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$339.12 million
Cash Flow$1.3295 per share
Book Value$11.31 per share

Profitability

Net Income$83.06 million

Miscellaneous

Employees749
Market Cap$1.20 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Brookline Bancorp (NASDAQ:BRKL) Frequently Asked Questions

What is Brookline Bancorp's stock symbol?

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

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

Brookline Bancorp announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Friday, May 10th will be paid a dividend of $0.11 per share on Friday, May 24th. This represents a $0.44 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.11. View Brookline Bancorp's Dividend History.

How will Brookline Bancorp's stock buyback program work?

Brookline Bancorp declared that its Board of Directors has initiated a stock repurchase plan on Thursday, December 6th 2018, which allows the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.01. The bank had revenue of $69.63 million for the quarter, compared to analysts' expectations of $69.40 million. Brookline Bancorp had a net margin of 24.49% and a return on equity of 9.58%. View Brookline Bancorp's Earnings History.

When is Brookline Bancorp's next earnings date?

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Brookline Bancorp.

What price target have analysts set for BRKL?

3 brokers have issued 12 month price objectives for Brookline Bancorp's shares. Their predictions range from $17.00 to $18.50. On average, they anticipate Brookline Bancorp's stock price to reach $17.75 in the next year. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.

What is the consensus analysts' recommendation for Brookline Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

Has Brookline Bancorp been receiving favorable news coverage?

Press coverage about BRKL stock has been trending somewhat positive this week, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookline Bancorp earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Who are some of Brookline Bancorp's key competitors?

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 Bank of America (BAC), PDL BioPharma (PDLI), Ford Motor (F), General Electric (GE), Altria Group (MO), Transocean (RIG), Advanced Micro Devices (AMD), Broadcom (AVGO), Comcast (CMCSA) and FireEye (FEYE).

Who are Brookline Bancorp's key executives?

Brookline Bancorp's management team includes the folowing people:
  • Mr. Paul A. Perrault, Pres, CEO & Director (Age 67)
  • Mr. Carl M. Carlson, Chief Financial Officer (Age 55)
  • Mr. M. Robert Rose, Chief Credit Officer (Age 67)
  • Mr. Darryl J. Fess, Pres & CEO of Brookline Bank (Age 57)
  • Mr. Mark J. Meiklejohn, Pres, CEO & Director of Bank Rhode Island (Age 55)

Who are Brookline Bancorp's major shareholders?

Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.50%), Canton Hathaway LLC (0.47%), First Manhattan Co. (0.35%), Los Angeles Capital Management & Equity Research Inc. (0.04%), Winthrop Advisory Group LLC (0.04%) and Brinker Capital Inc. (0.03%). 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, John M Pereira, M Robert Rose, Michael W Mccurdy, Paul A Perrault 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 Hennessy Advisors Inc., First Manhattan Co. and Canton Hathaway LLC. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, David C Chapin, James M Cosman, M Robert Rose and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

Which institutional investors are buying Brookline Bancorp stock?

BRKL stock was bought by a variety of institutional investors in the last quarter, including Brinker Capital Inc., Winthrop Advisory Group LLC, Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA, Virginia Retirement Systems ET AL, Nisa Investment Advisors LLC and BTIM Corp.. Company insiders that have bought Brookline Bancorp stock in the last two years include Joanne B Chang, John J Doyle, Jr, John L Hall II and John M Pereira. View Insider Buying and Selling for Brookline Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Brookline Bancorp's stock price today?

One share of BRKL stock can currently be purchased for approximately $14.93.

How big of a company is Brookline Bancorp?

Brookline Bancorp has a market capitalization of $1.20 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.

What is Brookline Bancorp's official website?

The official website for Brookline Bancorp is http://www.brooklinebancorp.com.

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]


MarketBeat Community Rating for Brookline Bancorp (NASDAQ BRKL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  397
MarketBeat's community ratings are surveys of what our community members think about Brookline Bancorp and other stocks. Vote "Outperform" if you believe BRKL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRKL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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