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. Investors of record on Friday, August 9th will be given a dividend of $0.11 per share on Friday, August 23rd. This represents a $0.44 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Thursday, August 8th. View Brookline Bancorp's Dividend History.

Brookline Bancorp announced that its Board of Directors has authorized a share repurchase program 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 repurchase up to 0.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its earnings results on Wednesday, July, 24th. The bank reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.04. The bank earned $70.61 million during the quarter, compared to the consensus estimate of $71.30 million. Brookline Bancorp had a net margin of 23.77% and a return on equity of 9.60%. 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.

4 brokers have issued 1-year target prices for Brookline Bancorp's shares. Their predictions range from $16.00 to $17.00. On average, they anticipate Brookline Bancorp's share price to reach $16.6667 in the next year. This suggests a possible upside of 20.7% 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 stories about BRKL stock have been trending positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring 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 nearest to five being the most favorable. Brookline Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock'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), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), Meta Financial Group (CASH), Kearny Financial (KRNY), OceanFirst Financial (OCFC), 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), Altria Group (MO), Jagged Peak Energy (JAG), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY), New York Community Bancorp (NYCB) and Transocean (RIG).

Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 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, David C Chapin, John A Hackett, Mark J Meiklejohn 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 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, Scottrade, Fidelity and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $13.81.

Brookline Bancorp has a market capitalization of $1.10 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]