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

$13.81
-0.32 (-2.26 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$13.7550
Now: $13.81
$14.14
50-Day Range
$13.74
MA: $14.54
$15.39
52-Week Range
$12.84
Now: $13.81
$18.35
Volume264,451 shs
Average Volume295,514 shs
Market Capitalization$1.10 billion
P/E Ratio12.91
Dividend Yield3.11%
Beta0.89
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. Read More…

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$1.2740 per share
Book Value$11.51 per share

Profitability

Net Income$83.06 million

Miscellaneous

Employees749
Market Cap$1.10 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, July 24th. Shareholders of record on Friday, August 9th will be given a dividend of $0.11 per share on Friday, August 23rd. This represents a $0.44 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Thursday, August 8th. View Brookline Bancorp's Dividend History.

How will Brookline Bancorp's stock buyback program work?

Brookline Bancorp declared that its board has initiated a stock buyback plan on Thursday, December 6th 2018, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 0.9% of its stock through open market purchases. Stock repurchase plans are generally 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, July, 24th. The bank reported $0.25 EPS for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.04. The bank earned $70.61 million during 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 firm earned $0.26 earnings per share. 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, October 23rd 2019. View Earnings Estimates for Brookline Bancorp.

What price target have analysts set for BRKL?

4 brokerages have issued 1-year target prices for Brookline Bancorp's shares. Their predictions range from $16.00 to $17.00. On average, they expect Brookline Bancorp's stock price to reach $16.6667 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.

What is the consensus analysts' recommendation 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.

Has Brookline Bancorp been receiving favorable news coverage?

News stories about BRKL stock have trended positive recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookline Bancorp earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Brookline Bancorp.

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), Jagged Peak Energy (JAG), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY), New York Community Bancorp (NYCB) and Transocean (RIG).

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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.75%), Vanguard Group Inc. (10.23%), Renaissance Technologies LLC (2.02%), Northern Trust Corp (1.89%), Invesco Ltd. (1.62%) and Bank of New York Mellon Corp (1.54%). 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, M Robert Rose, Mark J Meiklejohn, Michael W Mccurdy, Paul A Perrault and Thomas J Hollister. View Institutional Ownership Trends for Brookline Bancorp.

Which major investors are selling Brookline Bancorp stock?

BRKL stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hennessy Advisors Inc., Vanguard Group Inc., Context BH Capital Management LP, Jennison Associates LLC, Jennison Associates LLC, SG Americas Securities LLC and First Trust Advisors LP. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, David C Chapin, John A Hackett, Mark J Meiklejohn and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

Which major investors are buying Brookline Bancorp stock?

BRKL stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Morgan Stanley, Acadian Asset Management LLC, BlackRock Inc., Invesco Ltd., Bank of America Corp DE and Citadel Advisors 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.

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 $13.81.

How big of a company is Brookline Bancorp?

Brookline Bancorp has a market capitalization of $1.10 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  415
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 8/25/2019 by MarketBeat.com Staff

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