NASDAQ:BRKL Brookline Bancorp - BRKL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Brookline Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $12.94 +0.27 (+2.13%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$12.57▼$13.0550-Day Range$12.67▼$14.3552-Week Range$11.59▼$17.73Volume624,010 shsAverage Volume863,778 shsMarket Capitalization$994.36 millionP/E Ratio9.05Dividend Yield4.26%Price Target$17.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Brookline Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside33.3% Upside$17.25 Price TargetShort InterestHealthy2.94% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.19Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth8.67%From $1.50 to $1.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsFinance Sector69th out of 900 stocksFederal Savings Institutions Industry5th out of 41 stocks 3.0 Analyst's Opinion Consensus RatingBrookline Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.25, Brookline Bancorp has a forecasted upside of 33.3% from its current price of $12.94.Amount of Analyst CoverageBrookline Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.94% of the outstanding shares of Brookline Bancorp have been sold short.Short Interest Ratio / Days to CoverBrookline Bancorp has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Brookline Bancorp has recently decreased by 15.99%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBrookline Bancorp is a leading dividend payer. It pays a dividend yield of 4.26%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrookline Bancorp has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Brookline Bancorp is 37.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 33.13% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BRKL. Previous Next 2.3 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Brookline Bancorp this week, compared to 1 article on an average week.Search Interest4 people have searched for BRKL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Brookline Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brookline Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.59% of the stock of Brookline Bancorp is held by insiders.Percentage Held by Institutions82.28% of the stock of Brookline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to grow by 8.67% in the coming year, from $1.50 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 9.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 9.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 186.77.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Brookline Bancorp (NASDAQ:BRKL) StockBrookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily 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 for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.Read More Receive BRKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Brookline Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address BRKL Stock News HeadlinesJanuary 26, 2023 | seekingalpha.comBrookline Bancorp, Inc. (BRKL) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces 2023 Virtual Annual Meeting InformationJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 25, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Lags Q4 Earnings EstimatesJanuary 24, 2023 | americanbankingnews.comBrookline Bancorp (BRKL) to Release Earnings on WednesdayJanuary 23, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Brookline Bancorp (BRKL) Stock?January 19, 2023 | finance.yahoo.comBanner (BANR) Q4 Earnings and Revenues Beat EstimatesJanuary 18, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Earnings Expected to Grow: What to Know Ahead of Q4 ReleaseJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 5, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces Fourth Quarter 2022 Earnings Release Date and Conference CallJanuary 4, 2023 | bizjournals.comBankRI parent Brookline Bancorp closes on PCSB acquisitionJanuary 4, 2023 | bizjournals.comBrookline Bank parent closes on $313M acquisition of New York bankJanuary 3, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Completes Acquisition of PCSB Financial CorporationDecember 19, 2022 | finance.yahoo.comEarnings growth of 3.1% over 3 years hasn't been enough to translate into positive returns for Brookline Bancorp (NASDAQ:BRKL) shareholdersDecember 17, 2022 | seekingalpha.comBRKL Brookline Bancorp, Inc.November 8, 2022 | finance.yahoo.comBrookline Bancorp Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Could Be A Buy For Its Upcoming DividendOctober 30, 2022 | finance.yahoo.comBrookline Bancorp's (NASDAQ:BRKL) Dividend Will Be Increased To $0.135October 29, 2022 | fool.comBrookline Bancorp (NASDAQ: BRKL)October 26, 2022 | msn.comBrookline Bancorp: Q3 Earnings InsightsOctober 26, 2022 | finance.yahoo.comBrookline Bancorp (BRKL) Q3 Earnings and Revenues Surpass EstimatesOctober 25, 2022 | finance.yahoo.comClarendon Private, a Boston Based Investment and Wealth Management Company, Announces the Hiring of John Valpey - Wealth StrategistOctober 25, 2022 | finance.yahoo.comSouthern Missouri Bancorp (SMBC) Lags Q1 Earnings EstimatesOctober 17, 2022 | bizjournals.comBankRI names long-time exec William Tsonos as new presidentOctober 13, 2022 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) is largely controlled by institutional shareholders who own 84% of the companyOctober 4, 2022 | finance.yahoo.comBrookline Bancorp, Inc. Announces Third Quarter 2022 Earnings Release Date and Conference CallSeptember 29, 2022 | finance.yahoo.comBrookline Bancorp, Inc. Chief Credit Officer M. Robert Rose to Retire as Chief Credit OfficerSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BRKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Brookline Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address BRKL Company Calendar Ex-Dividend for 11/25 Dividend11/09/2022Dividend Payable11/25/2022Last Earnings1/26/2023Today1/27/2023Ex-Dividend for 2/24 Dividend2/09/2023Dividend Payable2/24/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:BRKL CUSIP11373M10 CIK1049782 Webwww.brooklinebancorp.com Phone(617) 425-4600Fax800-253-5177Employees786Year Founded1871Price Target and Rating Average Stock Price Forecast$17.25 High Stock Price Forecast$20.00 Low Stock Price Forecast$14.50 Forecasted Upside/Downside+33.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio9.05 Forward P/E Ratio8.63 P/E GrowthN/ANet Income$115.44 million Net Margins29.38% Pretax Margin40.81% Return on Equity11.48% Return on Assets1.29% Debt Debt-to-Equity Ratio0.79 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$373.53 million Price / Sales2.66 Cash Flow$1.63 per share Price / Cash Flow7.92 Book Value$12.82 per share Price / Book1.01Miscellaneous Outstanding Shares76,844,000Free Float74,854,000Market Cap$994.36 million OptionableOptionable Beta0.72 Social Links Key ExecutivesMr. Paul A. Perrault (Age 71)Chairman & CEO Comp: $1.69MMr. Michael W. McCurdy Esq. (Age 54)Co-Pres & COO Comp: $840.15kMr. Carl M. Carlson (Age 59)Co-Pres & Chief Financial Officer Mr. James M. Cosman (Age 72)Chief Operations Officer Comp: $794.43kMs. Marissa S. Martin (Age 40)Gen. Counsel & Corp. Sec. Ms. Janytra M. Brooks (Age 40)Chief HR Officer Mr. William R. MacKenzieSr. VP of Commercial LendingMr. Mark J. Meiklejohn (Age 59)Chief Credit Officer Mr. Michael J. Fanger (Age 65)CEO of Eastern Funding LLC, Pres of Eastern Funding LLC and Director of Eastern Funding LLC Mr. Darryl J. Fess (Age 61)Pres, CEO & Director of Brookline Bank More ExecutivesKey CompetitorsCapitol Federal FinancialNASDAQ:CFFNNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKOceanFirst FinancialNASDAQ:OCFCKearny FinancialNASDAQ:KRNYProvident Financial ServicesNYSE:PFSView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 1,900 shares on 1/27/2023Ownership: 0.216%Comerica BankSold 13,590 shares on 1/26/2023Ownership: 0.099%Strs OhioBought 20,933 shares on 1/26/2023Ownership: 0.027%Inspire Investing LLCSold 870 shares on 1/26/2023Ownership: 0.022%Mayflower Financial Advisors LLCBought 1,500 shares on 1/25/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions BRKL Stock - Frequently Asked Questions Should I buy or sell Brookline Bancorp stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BRKL shares. 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 BRKL analyst ratings or view top-rated stocks. What is Brookline Bancorp's stock price forecast for 2023? 1 Wall Street analysts have issued 12-month price targets for Brookline Bancorp's shares. Their BRKL share price forecasts range from $14.50 to $20.00. On average, they predict the company's stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price. View analysts price targets for BRKL or view top-rated stocks among Wall Street analysts. How have BRKL shares performed in 2023? Brookline Bancorp's stock was trading at $14.15 at the beginning of 2023. Since then, BRKL stock has decreased by 8.6% and is now trading at $12.94. View the best growth stocks for 2023 here. Are investors shorting Brookline Bancorp? Brookline Bancorp saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,260,000 shares, a decline of 16.0% from the December 31st total of 2,690,000 shares. Based on an average trading volume of 529,100 shares, the short-interest ratio is presently 4.3 days. View Brookline Bancorp's Short Interest. When is Brookline Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our BRKL earnings forecast. How were Brookline Bancorp's earnings last quarter? Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its quarterly earnings data on Thursday, January, 26th. The bank reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.01. The bank earned $112.46 million during the quarter, compared to analyst estimates of $87.79 million. Brookline Bancorp had a net margin of 29.38% and a trailing twelve-month return on equity of 11.48%. During the same quarter last year, the firm earned $0.37 earnings per share. How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp? Brookline Bancorp announced a quarterly dividend on Wednesday, January 25th. Shareholders of record on Friday, February 10th will be given a dividend of $0.135 per share on Friday, February 24th. This represents a $0.54 annualized dividend and a dividend yield of 4.17%. The ex-dividend date is Thursday, February 9th. Read our dividend analysis for BRKL. Is Brookline Bancorp a good dividend stock? Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.54 per share and currently has a dividend yield of 4.26%. BRKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 33.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BRKL. What is Paul A. Perrault's approval rating as Brookline Bancorp's CEO? 30 employees have rated Brookline Bancorp Chief Executive Officer Paul A. Perrault on Glassdoor.com. Paul A. Perrault has an approval rating of 83% among the company's employees. 83.0% of employees surveyed would recommend working at Brookline Bancorp to a friend. What other stocks do shareholders of Brookline Bancorp own? 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). What is Brookline Bancorp's stock symbol? Brookline Bancorp trades on the NASDAQ under the ticker symbol "BRKL." Who are Brookline Bancorp's major shareholders? Brookline Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Moody Aldrich Partners LLC (0.51%), Canton Hathaway LLC (0.37%), Congress Asset Management Co. MA (0.31%), Assenagon Asset Management S.A. (0.26%), New York State Teachers Retirement System (0.22%) and Comerica Bank (0.10%). Insiders that own company stock include Bogdan Nowak, Carl M Carlson, Charles H Peck, Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, John A Hackett, Michael W Mccurdy, Peter O Wilde and Thomas J Hollister. View institutional ownership trends. How do I buy shares of Brookline Bancorp? Shares of BRKL stock 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. Compare Top Brokerages Here. What is Brookline Bancorp's stock price today? One share of BRKL stock can currently be purchased for approximately $12.94. How much money does Brookline Bancorp make? Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $994.36 million and generates $373.53 million in revenue each year. The bank earns $115.44 million in net income (profit) each year or $1.43 on an earnings per share basis. How many employees does Brookline Bancorp have? The company employs 786 workers across the globe. How can I contact Brookline Bancorp? Brookline Bancorp's mailing address is 131 CLARENDON STREET, BOSTON MA, 02116. The official website for the company is www.brooklinebancorp.com. The bank can be reached via phone at (617) 425-4600, via email at ccarlson@brkl.com, or via fax at 800-253-5177. This page (NASDAQ:BRKL) was last updated on 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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