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

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

Brookline Bancorp declared a quarterly dividend on Wednesday, October 24th. Shareholders of record on Friday, November 9th will be given a dividend of $0.105 per share on Friday, November 23rd. This represents a $0.42 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Thursday, November 8th. This is a positive change from Brookline Bancorp's previous quarterly dividend of $0.10. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its board has initiated a stock repurchase program on Thursday, December 6th 2018, which permits the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 0.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its earnings results on Wednesday, October, 24th. The bank reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. The bank earned $69.40 million during the quarter, compared to analyst estimates of $68.80 million. Brookline Bancorp had a net margin of 21.27% and a return on equity of 9.13%. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Brookline Bancorp.

3 brokerages have issued 1-year target prices for Brookline Bancorp's stock. Their predictions range from $16.00 to $18.50. On average, they expect Brookline Bancorp's stock price to reach $17.25 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.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

Headlines about BRKL stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookline Bancorp earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.

Some companies that are related to Brookline Bancorp include Umpqua (UMPQ), BankUnited (BKU), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Axos Financial (AX), Flagstar Bancorp (FBC), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), BBX Capital (BBXTB) and First Defiance Financial (FDEF).

Brookline Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.57%), Boston Advisors LLC (0.17%), Louisiana State Employees Retirement System (0.04%), Winthrop Advisory Group LLC (0.02%) and New England Research & Management Inc. (0.01%). 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.

BRKL stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Hennessy Advisors Inc., Louisiana State Employees Retirement System and New England Research & Management Inc.. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, M Robert Rose and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was purchased by a variety of institutional investors in the last quarter, including Winthrop Advisory Group LLC. 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.

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.

One share of BRKL stock can currently be purchased for approximately $14.29.

Brookline Bancorp has a market capitalization of $1.13 billion and generates $295.22 million in revenue each year. The bank earns $50.51 million in net income (profit) each year or $0.80 on an earnings per share basis. Brookline Bancorp employs 765 workers across the globe.

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]