Brookline Bancorp Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Brookline Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRKL, but not buy additional shares or sell existing shares.
View analyst ratings for Brookline Bancorp or view top-rated stocks.

Wall Street analysts have given Brookline Bancorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brookline Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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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 will be holding an earnings conference call on Thursday, July 29th at 1:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10157750".

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Tuesday, April, 27th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The bank earned $73.90 million during the quarter, compared to analyst estimates 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 reached pandemic status according to the World Health Organization (WHO). Since then, BRKL shares have increased by 13.8% and is now trading at $13.59.
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Brookline Bancorp announced a quarterly dividend on Wednesday, April 28th. Investors 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 dividend on an annualized basis and a dividend yield of 3.53%. 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 3.55%. 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 analysts have issued twelve-month target prices 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 0.7%.
View analysts' price targets for Brookline Bancorp or view top-rated stocks among Wall Street analysts.

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), Washington Federal (WAFD), WSFS Financial (WSFS), Northwest Bancshares (NWBI), Provident Financial Services (PFS), 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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%). 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Peter O Wilde, and Thomas J Hollister.
View insider buying and selling activity for Brookline Bancorp or or view top insider-buying stocks.

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 $13.59.

Brookline Bancorp has a market capitalization of $1.06 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]