NASDAQ:BRKL Brookline Bancorp (BRKL) Stock Forecast, Price & News $8.65 +0.18 (+2.13%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$8.44▼$8.6750-Day Range$7.54▼$10.9152-Week Range$7.00▼$15.50Volume514,957 shsAverage Volume829,334 shsMarket Capitalization$767.00 millionP/E Ratio7.21Dividend Yield6.24%Price Target$15.83 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Brookline Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside83.0% Upside$15.83 Price TargetShort InterestHealthy2.59% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 6 Articles This WeekInsider TradingAcquiring Shares$471,910 Bought Last QuarterProj. Earnings Growth16.04%From $1.06 to $1.23 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.3.34 out of 5 starsFinance Sector30th out of 903 stocksFederal Savings Institutions Industry5th out of 47 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, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.83, Brookline Bancorp has a forecasted upside of 83.0% from its current price of $8.65.Amount of Analyst CoverageBrookline Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.59% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Brookline Bancorp has recently increased by 24.32%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBrookline Bancorp is a leading dividend payer. It pays a dividend yield of 6.38%, 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 45.00%. 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 43.90% 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 3.9 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 0.93. 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 higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Brookline Bancorp this week, compared to 2 articles on an average week.Search Interest9 people have searched for BRKL on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.MarketBeat Follows3 people have added Brookline Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brookline Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $471,910.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.89% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to grow by 16.04% in the coming year, from $1.06 to $1.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 7.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 7.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.30.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Brookline Bancorp (NASDAQ:BRKL) StockBrookline Bancorp, Inc. is a multi-bank holding company that engages in the provision of financial solutions through its subsidiaries. The firm offers a range of commercial, business, and retail banking services, including cash management products, on-line banking services, consumer and residential loans, and investment services for small to mid-sized businesses and retail customers. It also provides equipment financing services. The company was founded on November 1, 1997 and is headquartered in Boston, MA.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 HeadlinesMay 22, 2023 | americanbankingnews.comDarryl J. Fess Purchases 5,000 Shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) StockMay 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Brookline Bancorp (NASDAQ:BRKL)May 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 14, 2023 | americanbankingnews.comBrookline Bancorp, Inc. (NASDAQ:BRKL) CFO Purchases $16,180.00 in StockMay 13, 2023 | marketwatch.comBrookline Bancorp $BRKL Trading ReportMay 9, 2023 | americanbankingnews.comBrookline Bancorp, Inc. (BRKL) To Go Ex-Dividend on May 11thMay 7, 2023 | americanbankingnews.comBrookline Bancorp, Inc. (NASDAQ:BRKL) CFO Acquires $16,440.00 in StockMay 6, 2023 | finance.yahoo.comHere's What We Like About Brookline Bancorp's (NASDAQ:BRKL) Upcoming DividendMay 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 3, 2023 | marketwatch.comWhen the Price of Brookline Bancorp $BRKL Talks, People ListenMay 1, 2023 | markets.businessinsider.comKBW Sticks to Their Hold Rating for Brookline Bancorp (BRKL)April 30, 2023 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Has Affirmed Its Dividend Of $0.135April 29, 2023 | seekingalpha.comBrookline Bancorp, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 28, 2023 | finance.yahoo.comQ1 2023 Brookline Bancorp Inc Earnings CallApril 28, 2023 | msn.comBrookline Bancorp (BRKL) Declares $0.14 DividendApril 26, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Q1 Earnings and Revenues Lag EstimatesApril 26, 2023 | finance.yahoo.comBrookline Bancorp Announces First Quarter Results Reflecting One-Time Costs Associated with PCSB Financial Corporation AcquisitionApril 24, 2023 | marketwatch.comBrookline Bancorp $BRKL Pivots Trading Plans and Risk ControlsApril 24, 2023 | americanbankingnews.comBrookline Bancorp (BRKL) Set to Announce Earnings on WednesdayApril 19, 2023 | finance.yahoo.comBrookline Bancorp (BRKL) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 ReleaseApril 19, 2023 | americanbankingnews.comBrookline Bancorp (NASDAQ:BRKL) Hits New 1-Year Low at $10.11April 12, 2023 | finance.yahoo.comImplied Volatility Surging for Brookline (BRKL) Stock OptionsApril 10, 2023 | americanbankingnews.comBrookline Bancorp (NASDAQ:BRKL) Price Target Cut to $13.00April 6, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on Brookline Bancorp (BRKL)April 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Brookline Bancorp (BRKL) Market Perform RecommendationApril 6, 2023 | finance.yahoo.comBrookline Bancorp, Inc. Announces First Quarter 2023 Earnings Release Date and Conference CallApril 2, 2023 | americanbankingnews.comBrookline Bancorp, Inc. (NASDAQ:BRKL) Short Interest UpdateSee 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 Last Earnings1/26/2023Ex-Dividend for 5/26 Dividend5/11/2023Dividend Payable5/26/2023Today5/27/2023Next Earnings (Estimated)7/26/2023Fiscal 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$15.83 High Stock Price Forecast$20.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+83.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio7.21 Forward P/E Ratio8.16 P/E GrowthN/ANet Income$109.74 million Net Margins21.12% Pretax Margin26.36% Return on Equity10.77% Return on Assets1.16% Debt Debt-to-Equity Ratio1.40 Current Ratio1.11 Quick Ratio1.11 Sales & Book Value Annual Sales$373.53 million Price / Sales2.05 Cash Flow$1.66 per share Price / Cash Flow5.22 Book Value$13.14 per share Price / Book0.66Miscellaneous Outstanding Shares88,670,000Free Float86,103,000Market Cap$767.00 million OptionableOptionable Beta0.67 Social Links Key ExecutivesPaul A. PerraultChairman & Chief Executive OfficerMichael W. McCurdyCo-President & Chief Operating OfficerCarl M. CarlsonCo-President, CFO & Chief Strategy OfficerJames M. CosmanCo-Chief Operating OfficerRobert M. RosePrincipalKey CompetitorsCapitol Federal FinancialNASDAQ:CFFNOceanFirst FinancialNASDAQ:OCFCNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKKearny FinancialNASDAQ:KRNYProvident Financial ServicesNYSE:PFSView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 2,199 shares on 5/25/2023Ownership: 0.168%Ameriprise Financial Inc.Bought 41,935 shares on 5/22/2023Ownership: 1.336%Darryl J FessBought 5,000 shares on 5/19/2023Total: $42,150.00 ($8.43/share)JPMorgan Chase & Co.Sold 393,999 shares on 5/18/2023Ownership: 0.716%New York State Common Retirement FundSold 6,812 shares on 5/18/2023Ownership: 0.173%View All Insider TransactionsView All Institutional Transactions BRKL Stock - Frequently Asked Questions Should I buy or sell Brookline Bancorp stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 2 hold ratings 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? 2 brokerages have issued 12-month target prices for Brookline Bancorp's shares. Their BRKL share price forecasts range from $13.00 to $20.00. On average, they anticipate the company's stock price to reach $15.83 in the next year. This suggests a possible upside of 83.0% 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 on January 1st, 2023. Since then, BRKL shares have decreased by 38.9% and is now trading at $8.65. View the best growth stocks for 2023 here. Are investors shorting Brookline Bancorp? Brookline Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,300,000 shares, an increase of 24.3% from the April 30th total of 1,850,000 shares. Based on an average daily trading volume, of 729,600 shares, the short-interest ratio is currently 3.2 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, July 26th 2023. View our BRKL earnings forecast. How were Brookline Bancorp's earnings last quarter? Brookline Bancorp, Inc. (NASDAQ:BRKL) posted its quarterly earnings results 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 21.12% and a trailing twelve-month return on equity of 10.77%. During the same quarter in the previous year, the business earned $0.37 earnings per share. How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp? Brookline Bancorp declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, May 12th will be paid a dividend of $0.135 per share on Friday, May 26th. This represents a $0.54 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Thursday, May 11th. Read our dividend analysis for BRKL. What ETFs hold Brookline Bancorp's stock? ETFs with the largest weight of Brookline Bancorp (NASDAQ:BRKL) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), iShares US Small Cap Value Factor ETF (SVAL) and First Trust Multi-Asset Diversified Income Index Fund (MDIV). 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 6.38%. 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 45.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 43.90% 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (6.42%), State Street Corp (4.88%), Geode Capital Management LLC (2.01%), Bank of New York Mellon Corp (1.47%) and Ameriprise Financial Inc. (1.34%). 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 P Goldrick and Michael W Mccurdy. 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 $8.65. How much money does Brookline Bancorp make? Brookline Bancorp (NASDAQ:BRKL) has a market capitalization of $767.00 million and generates $373.53 million in revenue each year. The bank earns $109.74 million in net income (profit) each year or $1.20 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 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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