Brookline Bancorp Stock Forecast, Price & News

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BRKL shares have increased by 10.2% and is now trading at $13.16.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Brookline Bancorp stock.
View analyst ratings for Brookline Bancorp or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Brookline Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Brookline Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Brookline Bancorp.

Brookline Bancorp will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its earnings results on Monday, November, 2nd. The bank reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The bank had revenue of $70.80 million for the quarter, compared to the consensus estimate of $73.20 million. Brookline Bancorp had a return on equity of 4.50% and a net margin of 11.92%.
View Brookline Bancorp's earnings history.

Brookline Bancorp declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.115 per share on Friday, November 27th. This represents a $0.46 annualized dividend and a yield of 3.50%. The ex-dividend date is Thursday, November 12th.
View Brookline Bancorp's dividend history.

Brookline Bancorp pays an annual dividend of $0.46 per share and currently has a dividend yield of 3.52%. The dividend payout ratio of Brookline Bancorp is 41.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 54.12% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend.
View Brookline Bancorp's dividend history.

4 brokerages have issued 12-month price objectives for Brookline Bancorp's stock. Their forecasts range from $10.00 to $10.00. On average, they expect Brookline Bancorp's stock price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 24.0%.
View analysts' price targets for Brookline Bancorp or view Wall Street analyst' top-rated stocks.

Brookline Bancorp saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,290,000 shares, a decline of 17.3% from the December 15th total of 1,560,000 shares. Based on an average trading volume of 368,300 shares, the days-to-cover ratio is presently 3.5 days. Approximately 1.7% of the company's stock are sold short.
View Brookline Bancorp's Short Interest.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookline Bancorp investors own include HD Supply (HDS), Invesque Inc. (IVQ.TO) (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).

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

Brookline Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.02%) and Baldwin Brothers Inc. MA (0.02%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, James J Mccarthy, James M Cosman, John A Hackett, Mark J Meiklejohn, Michael W Mccurdy, Peter O Wilde 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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, and State of Alaska Department of Revenue. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, James M Cosman, and John A Hackett.
View insider buying and selling activity for Brookline Bancorp or view top insider-selling stocks.

BRKL stock was acquired by a variety of institutional investors in the last quarter, including Baldwin Brothers Inc. MA. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Peter O Wilde, and Thomas J Hollister.
View insider buying and selling activity for Brookline Bancorp or or view top insider-buying stocks.

Shares of BRKL 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.

One share of BRKL stock can currently be purchased for approximately $13.16.

Brookline Bancorp has a market capitalization of $1.04 billion 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 763 workers across the globe.

The official website for Brookline Bancorp is 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]