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 paid a dividend of $0.105 per share on Friday, November 23rd. This represents a $0.42 annualized dividend and a dividend yield of 2.97%. 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 has authorized a share repurchase plan on Thursday, December 6th 2018, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 0.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Wednesday, October, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.01. The bank earned $69.40 million during the quarter, compared to the consensus estimate 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 brokers have issued 12-month target prices for Brookline Bancorp's shares. Their predictions 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 23.8% 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.

News articles about BRKL stock have trended somewhat positive recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookline Bancorp earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock'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), Columbia Financial (CLBK), Axos Financial (AX), 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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.55%), Vanguard Group Inc. (9.88%), Vanguard Group Inc (9.88%), Dimensional Fund Advisors LP (7.94%), Fuller & Thaler Asset Management Inc. (4.79%) and Jennison Associates LLC (2.37%). 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Canton Hathaway LLC, Vanguard Group Inc, Vanguard Group Inc., Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Matarin Capital Management LLC and Morgan Stanley. 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 $14.14.

Brookline Bancorp has a market capitalization of $1.14 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]