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

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

Brookline Bancorp announced a quarterly dividend on Wednesday, January 30th. Shareholders of record on Monday, February 11th will be paid a dividend of $0.105 per share on Monday, February 25th. This represents a $0.42 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Friday, February 8th. View Brookline Bancorp's Dividend History.

Brookline Bancorp announced that its board has initiated a share repurchase plan on Thursday, December 6th 2018, which permits the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its quarterly earnings results on Wednesday, October, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The bank had revenue of $69.40 million for the quarter, compared to analysts' expectations of $68.80 million. Brookline Bancorp had a return on equity of 9.58% and a net margin of 24.49%. View Brookline Bancorp's Earnings History.

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

3 brokers have issued 1-year price objectives for Brookline Bancorp's stock. 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 10.5% 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

News coverage about BRKL stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brookline Bancorp earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

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

Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.70%), Dimensional Fund Advisors LP (8.09%), Northern Trust Corp (1.85%), Massachusetts Financial Services Co. MA (1.59%), Bank of New York Mellon Corp (1.53%) and Polaris Capital Management LLC (1.38%). 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 Jennison Associates LLC, Boston Advisors LLC, Chicago Equity Partners LLC, Prudential Financial Inc., Barclays PLC, First Trust Advisors LP, Hennessy Advisors Inc. and California Public Employees Retirement System. 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, M Robert Rose and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Massachusetts Financial Services Co. MA, BlackRock Inc., Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc., Geode Capital Management LLC, Bank of America Corp DE and M&T Bank 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.

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 $16.06.

Brookline Bancorp has a market capitalization of $1.29 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 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]