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 paid a dividend of $0.11 per share on Friday, August 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, August 8th. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its Board of Directors has approved a share repurchase plan on Thursday, December 6th 2018, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its earnings results on Wednesday, July, 24th. The bank reported $0.25 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.04. The bank had revenue of $70.61 million for the quarter, compared to the consensus estimate of $71.30 million. Brookline Bancorp had a return on equity of 9.60% and a net margin of 23.77%. During the same quarter last year, the business posted $0.26 EPS. 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 analysts have issued 12-month target prices for Brookline Bancorp's shares. Their forecasts range from $16.00 to $17.00. On average, they expect Brookline Bancorp's stock price to reach $16.6667 in the next year. This suggests a possible upside of 13.0% 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 negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookline Bancorp earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. 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), Provident Financial Services (PFS), Axos Financial (AX), 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 institutional and retail 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 purchased 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 $14.75.

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]