NASDAQ:BRKL - Brookline Bancorp Stock Price, News, & Analysis

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

Brookline Bancorp announced a quarterly dividend on Thursday, April 25th. Stockholders of record on Friday, May 10th will be paid a dividend of $0.11 per share on Friday, May 24th. This represents a $0.44 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.11. View Brookline Bancorp's Dividend History.

Brookline Bancorp declared that its Board of Directors has initiated a stock repurchase plan on Thursday, December 6th 2018, which allows the company to buyback $10,000,000.00 in 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 usually a sign that the company's board believes its shares are undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.01. The bank had revenue of $69.63 million for the quarter, compared to analysts' expectations of $69.40 million. Brookline Bancorp had a net margin of 24.49% and a return on equity of 9.58%. View Brookline Bancorp's Earnings History.

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Brookline Bancorp.

3 brokers have issued 12 month price objectives for Brookline Bancorp's shares. Their predictions range from $17.00 to $18.50. On average, they anticipate Brookline Bancorp's stock price to reach $17.75 in the next year. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.

Press coverage about BRKL stock has been trending somewhat positive this week, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 1.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days.

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

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), Altria Group (MO), Transocean (RIG), Advanced Micro Devices (AMD), Broadcom (AVGO), Comcast (CMCSA) and FireEye (FEYE).

Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.50%), Canton Hathaway LLC (0.47%), First Manhattan Co. (0.35%), Los Angeles Capital Management & Equity Research Inc. (0.04%), Winthrop Advisory Group LLC (0.04%) and Brinker Capital Inc. (0.03%). 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 Hennessy Advisors Inc., First Manhattan Co. and Canton Hathaway LLC. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, David C Chapin, James M Cosman, M Robert Rose and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

BRKL stock was bought by a variety of institutional investors in the last quarter, including Brinker Capital Inc., Winthrop Advisory Group LLC, Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA, Virginia Retirement Systems ET AL, Nisa Investment Advisors LLC and BTIM Corp.. 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 $14.93.

Brookline Bancorp has a market capitalization of $1.20 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.

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]