NASDAQ:BRKL

Brookline Bancorp Stock Forecast, Price & News

$13.59
+0.08 (+0.59 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$13.53
$13.76
50-Day Range
$13.50
$17.01
52-Week Range
$8.13
$17.14
Volume147,197 shs
Average Volume302,291 shs
Market Capitalization$1.06 billion
P/E Ratio11.62
Dividend Yield3.55%
Beta0.77
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Brookline Bancorp logo

About Brookline Bancorp

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include non-interest-bearing demand checking, NOW, savings, and money market accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases for equipment financing for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2020, the company operated 50 full-service banking offices in greater Boston, the north shore of Massachusetts, and Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

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MarketRank

Overall MarketRank

1.59 out of 5 stars

Finance Sector

626th out of 2,039 stocks

Federal Savings Institutions Industry

25th out of 115 stocks

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Brookline Bancorp (NASDAQ:BRKL) Frequently Asked Questions

Is Brookline Bancorp a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Brookline Bancorp stock. 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 analyst ratings for Brookline Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Brookline Bancorp?

Wall Street analysts have given Brookline Bancorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brookline Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Brookline Bancorp's next earnings date?

Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Brookline Bancorp
.

How can I listen to Brookline Bancorp's earnings call?

Brookline Bancorp will be holding an earnings conference call on Thursday, July 29th at 1:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10157750".

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings data on Tuesday, April, 27th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The bank earned $73.90 million during the quarter, compared to analyst estimates of $72.54 million. Brookline Bancorp had a net margin of 26.73% and a trailing twelve-month return on equity of 9.70%.
View Brookline Bancorp's earnings history
.

How has Brookline Bancorp's stock been impacted by Coronavirus?

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BRKL shares have increased by 13.8% and is now trading at $13.59.
View which stocks have been most impacted by COVID-19
.

How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp?

Brookline Bancorp announced a quarterly dividend on Wednesday, April 28th. Investors of record on Friday, May 14th will be given a dividend of $0.12 per share on Friday, May 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Thursday, May 13th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.12.
View Brookline Bancorp's dividend history
.

Is Brookline Bancorp a good dividend stock?

Brookline Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.55%. Brookline Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Brookline Bancorp is 82.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 40.00% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend.
View Brookline Bancorp's dividend history.

What price target have analysts set for BRKL?

3 analysts have issued twelve-month target prices for Brookline Bancorp's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Brookline Bancorp's share price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
View analysts' price targets for Brookline Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Brookline Bancorp's key executives?

Brookline Bancorp's management team includes the following people:
  • Mr. Paul A. Perrault, Chairman & CEO (Age 69, Pay $1.54M)
  • Mr. Carl M. Carlson, Co-Pres & CFO (Age 57)
  • Mr. M. Robert Rose, Chief Credit Officer (Age 69, Pay $653.72k)
  • Mr. Darryl J. Fess, Pres & CEO of Brookline Bank (Age 59, Pay $655.3k)
  • Mr. Mark J. Meiklejohn, Pres, CEO & Director of Bank Rhode Island (Age 57)
  • Mr. Michael W. McCurdy Esq., Co-Pres, COO, Chief Risk Officer, Gen. Counsel & Corp. Sec. (Age 52)
  • Ms. Janytra M. Brooks, Chief HR Officer
  • Mr. William R. MacKenzie, Sr. VP of Commercial Lending
  • Mr. Michael J. Fanger, CEO of Eastern Funding LLC, Pres of Eastern Funding LLC and Director of Eastern Funding LLC (Age 63)
  • Gretchen Annese, VP of Underwriting & Operations for Bus. Banking and Retail Lending

What is Paul A. Perrault's approval rating as Brookline Bancorp's CEO?

20 employees have rated Brookline Bancorp CEO Paul A. Perrault on Glassdoor.com. Paul A. Perrault has an approval rating of 83% among Brookline Bancorp's employees.

Who are some of Brookline Bancorp's key competitors?

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 State of Alaska Department of Revenue (0.07%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, Darryl J Fess, James J Mccarthy, James M Cosman, John A Hackett, Michael W Mccurdy, Peter O Wilde and Thomas J Hollister.
View institutional ownership trends for Brookline Bancorp
.

Which major investors are buying Brookline Bancorp stock?

BRKL stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Peter O Wilde, and Thomas J Hollister.
View insider buying and selling activity for Brookline Bancorp
or or view top insider-buying stocks.

How do I buy shares of 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 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 $13.59.

How much money does Brookline Bancorp make?

Brookline Bancorp has a market capitalization of $1.06 billion and generates $351.46 million in revenue each year. The bank earns $47.63 million in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does Brookline Bancorp have?

Brookline Bancorp employs 780 workers across the globe.

When was Brookline Bancorp founded?

Brookline Bancorp was founded in 1871.

What is Brookline Bancorp's official website?

The official website for Brookline Bancorp is www.brooklinebancorp.com.

Where are Brookline Bancorp's headquarters?

Brookline Bancorp is headquartered at 131 CLARENDON STREET, BOSTON MA, 02116.

How can I contact Brookline Bancorp?

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]


This page was last updated on 7/24/2021 by MarketBeat.com Staff
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