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, July 24th. Stockholders 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 dividend yield of 2.97%. The ex-dividend date of this dividend is Thursday, August 8th. View Brookline Bancorp's Dividend History.

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

Brookline Bancorp, Inc. (NASDAQ:BRKL) posted its quarterly earnings results on Wednesday, July, 24th. The bank reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by $0.04. The bank earned $70.61 million during the quarter, compared to the consensus estimate 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 business posted $0.26 earnings per share. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Brookline Bancorp.

Brookline Bancorp will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 brokerages have issued 1 year price objectives for Brookline Bancorp's shares. Their forecasts range from $16.00 to $17.00. On average, they anticipate Brookline Bancorp's stock price to reach $16.6667 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets 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.

Media headlines about BRKL stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Brookline Bancorp.

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

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), Kinder Morgan (KMI), Altria Group (MO), Jagged Peak Energy (JAG), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY) and New York Community Bancorp (NYCB).

Brookline Bancorp's stock is owned by a variety 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 J Mccarthy, 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.

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, James J Mccarthy, John A Hackett, Mark J Meiklejohn and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was bought 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $14.79.

Brookline Bancorp has a market capitalization of $1.18 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.

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]