NASDAQ:BRKLBrookline Bancorp Stock Price, Forecast & News

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BRKL stock has decreased by 14.4% and is now trading at $10.22. View which stocks have been mosted impacted by Coronavirus.

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.

Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Brookline Bancorp.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings results on Wednesday, January, 29th. The bank reported $0.28 EPS for the quarter, meeting the Zacks' consensus estimate of $0.28. The bank earned $71.69 million during the quarter, compared to the consensus estimate of $71.56 million. Brookline Bancorp had a net margin of 23.24% and a return on equity of 9.56%. View Brookline Bancorp's earnings history.

Brookline Bancorp declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Friday, February 14th will be given a dividend of $0.115 per share on Friday, February 28th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, February 13th. View Brookline Bancorp's dividend history.

Brookline Bancorp announced that its board has authorized a stock buyback plan 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 repurchase up to 0.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

3 equities research analysts have issued 12-month price targets for Brookline Bancorp's stock. Their forecasts range from $16.00 to $17.00. On average, they expect Brookline Bancorp's stock price to reach $16.50 in the next year. This suggests a possible upside of 61.4% from the stock's current price. View analysts' price targets for Brookline Bancorp.

News articles about BRKL stock have been trending very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press 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 five, with scores nearest to five being the most favorable. Brookline Bancorp earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutBrookline Bancorp.

Brookline Bancorp saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,520,000 shares, an increase of 22.6% from the February 13th total of 1,240,000 shares. Based on an average daily volume of 245,200 shares, the days-to-cover ratio is presently 6.2 days. Approximately 2.0% of the company's stock are short sold. View Brookline Bancorp's Current Options Chain.

Some companies that are related to Brookline Bancorp include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Radian Group (RDN), Lendingtree (TREE), Washington Federal (WAFD), MGIC Investment (MTG), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT).

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), PDL BioPharma (PDLI), Altria Group (MO), Ford Motor (F), General Electric (GE), Kinder Morgan (KMI) and Transocean (RIG).

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

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 $10.22.

Brookline Bancorp has a market capitalization of $815.23 million and generates $377.42 million in revenue each year. The bank earns $87.72 million in net income (profit) each year or $1.10 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]