NASDAQ:BRKLBrookline Bancorp Stock Price, Forecast & News

Brookline Bancorp's stock was trading at $11.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BRKL shares have decreased by 19.6% and is now trading at $9.60.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Brookline Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Brookline Bancorp.

Brookline Bancorp, Inc. (NASDAQ:BRKL) released its quarterly earnings results on Wednesday, July, 22nd. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.11. The bank earned $70.52 million during the quarter, compared to the consensus estimate of $72.84 million. Brookline Bancorp had a return on equity of 5.03% and a net margin of 12.65%.
View Brookline Bancorp's earnings history.

Brookline Bancorp declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Friday, August 7th will be paid a dividend of $0.115 per share on Friday, August 21st. This represents a $0.46 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date of this dividend is Thursday, August 6th.
View Brookline Bancorp's dividend history.

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

News stories about BRKL stock have trended positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookline Bancorp earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Brookline Bancorp.

Brookline Bancorp saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,580,000 shares, a drop of 7.1% from the July 15th total of 1,700,000 shares. Based on an average daily volume of 438,300 shares, the short-interest ratio is presently 3.6 days. Currently, 2.1% of the company's shares are short sold.
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Some companies that are related to Brookline Bancorp include New York Community Bancorp (NYCB), People's United Financial (PBCT), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Simply Good Foods (SMPL), Washington Federal (WAFD), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), EverBank Financial (EVER), OceanFirst Financial (OCFC) and At Home Group (HOME).
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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 Comcast (CMCSA).

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

Brookline Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Jennison Associates LLC (0.99%), Principal Financial Group Inc. (0.75%), Mutual of America Capital Management LLC (0.70%), Moody Aldrich Partners LLC (0.52%), New York State Teachers Retirement System (0.28%) and Swiss National Bank (0.23%). Company insiders that own Brookline Bancorp stock include Carl M Carlson, Charles H Peck, David C Chapin, James J Mccarthy, James M Cosman, Joanne B Chang, John A Hackett, John J Doyle, Jr, Mark J Meiklejohn, Michael W Mccurdy, Peter O Wilde 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 First Trust Advisors LP, Mutual of America Capital Management LLC, Endurance Wealth Management Inc., Jennison Associates LLC, Principal Financial Group Inc., Trust Co. of Vermont, Aries Wealth Management, and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, James J Mccarthy, John A Hackett, and Michael W Mccurdy.
View insider buying and selling activity for Brookline Bancorp.

BRKL stock was bought by a variety of institutional investors in the last quarter, including Moody Aldrich Partners LLC, Swiss National Bank, SG Americas Securities LLC, ProShare Advisors LLC, Hodges Capital Management Inc., UBS Group AG, Comerica Bank, and US Bancorp DE. Company insiders that have bought Brookline Bancorp stock in the last two years include Carl M Carlson, Joanne B Chang, John J Doyle, Jr, Peter O Wilde, and Thomas J Hollister.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of BRKL stock can currently be purchased for approximately $9.60.

Brookline Bancorp has a market capitalization of $757.63 million and generates $377.42 million in revenue each year. The bank earns $87.72 million in net income (profit) each year or $1.10 on an earnings per share basis. Brookline Bancorp employs 749 workers across the globe.

The official website for Brookline Bancorp is 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]