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, October 24th. Stockholders of record on Friday, November 9th will be given a dividend of $0.105 per share on Friday, November 23rd. This represents a $0.42 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Thursday, November 8th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.10. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its Board of Directors has initiated a share buyback program on Thursday, December 6th 2018, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 0.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its earnings results on Wednesday, October, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. The bank earned $69.40 million during the quarter, compared to analyst estimates of $68.80 million. Brookline Bancorp had a return on equity of 9.13% and a net margin of 21.27%. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Brookline Bancorp.

2 Wall Street analysts have issued twelve-month target prices for Brookline Bancorp's shares. Their forecasts range from $16.50 to $18.50. On average, they expect Brookline Bancorp's share price to reach $17.50 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.

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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

Media stories about BRKL stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookline Bancorp earned a news impact score of 2.3 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Some companies that are related to Brookline Bancorp include TFS Financial (TFSL), Umpqua (UMPQ), BankUnited (BKU), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Axos Financial (AX), Columbia Financial (CLBK), LegacyTexas Financial Group (LTXB), Flagstar Bancorp (FBC), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and BBX Capital (BBXTB).

Brookline Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.55%), Vanguard Group Inc. (9.88%), Dimensional Fund Advisors LP (7.94%), Fuller & Thaler Asset Management Inc. (4.79%), Jennison Associates LLC (2.37%) and Renaissance Technologies LLC (2.05%). Company insiders that own Brookline Bancorp stock include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, Joanne B Chang, John A Hackett, John J Doyle, Jr, John L Hall II, John M Pereira, M Robert Rose, 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 Bank of New York Mellon Corp, Prudential Financial Inc., Jennison Associates LLC, Fuller & Thaler Asset Management Inc., TIAA CREF Investment Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and Teachers Retirement System of The State of Kentucky. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, M Robert Rose and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Canton Hathaway LLC, Vanguard Group Inc., Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Matarin Capital Management LLC, Morgan Stanley and Moody Aldrich Partners LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include Joanne B Chang, John J Doyle, Jr, John L Hall II and John M Pereira. 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, Scottrade, Fidelity and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $14.23.

Brookline Bancorp has a market capitalization of $1.17 billion and generates $295.22 million in revenue each year. The bank earns $50.51 million in net income (profit) each year or $0.80 on an earnings per share basis. Brookline Bancorp employs 765 workers across the globe.

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]