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

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$14.29 +0.23 (+1.64 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$14.06
Today's Range$14.13 - $14.38
52-Week Range$12.84 - $19.35
Volume388,873 shs
Average Volume302,661 shs
Market Capitalization$1.13 billion
P/E Ratio17.86
Dividend Yield2.98%
Beta0.94
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. The company's loan portfolio 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; loans and leases used to finance equipment used by small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides cash management, investment advisory, and online banking services, as well as invests in debt and equity securities. As of December 31, 2017, 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

Current Ratio1.17
Quick Ratio1.17

Price-To-Earnings

Sales & Book Value

Annual Sales$295.22 million
Price / Sales3.90
Cash Flow$1.0120 per share
Price / Cash Flow14.12
Book Value$10.60 per share
Price / Book1.35

Profitability

Net Income$50.51 million
Net Margins21.27%
Return on Assets1.11%

Miscellaneous

Employees765
Market Cap$1.13 billion
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 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.

How will Brookline Bancorp's stock buyback program work?

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.

How were Brookline Bancorp's earnings last quarter?

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.

When is Brookline Bancorp's next earnings date?

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

What price target have analysts set for BRKL?

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.

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 2 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?

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.

Who are some of Brookline Bancorp's key competitors?

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 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.

Which major investors are selling Brookline Bancorp stock?

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.

Which major investors are buying Brookline Bancorp stock?

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.

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 $14.29.

How big of a company is Brookline Bancorp?

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.

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:  176 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  382
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 1/16/2019 by MarketBeat.com Staff

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