Positive News SentimentPositive NewsNASDAQ:BRKL Brookline Bancorp (BRKL) Stock Price, News & Analysis → Dems have chosen Biden replacement? (From Paradigm Press) (Ad) Free BRKL Stock Alerts $8.40 +0.01 (+0.12%) (As of 06/7/2024 08:51 PM ET) Add Compare Share Share Today's Range$8.27▼$8.4450-Day Range$8.30▼$9.7052-Week Range$7.93▼$11.52Volume394,300 shsAverage Volume431,758 shsMarket Capitalization$746.68 millionP/E Ratio9.03Dividend Yield6.43%Price Target$11.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Brookline Bancorp alerts: Email Address Brookline Bancorp MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside31.9% Upside$11.08 Price TargetShort InterestHealthy1.61% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$37,808 Bought Last QuarterProj. Earnings Growth40.28%From $0.72 to $1.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.91 out of 5 starsFinance Sector33rd out of 816 stocksFederal Savings Institutions Industry2nd out of 29 stocks 3.4 Analyst's Opinion Consensus RatingBrookline Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageBrookline Bancorp has only been the subject of 2 research reports in the past 90 days.Read more about Brookline Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.61% of the outstanding shares of Brookline Bancorp have been sold short.Short Interest Ratio / Days to CoverBrookline Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Brookline Bancorp has recently increased by 1.42%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipBrookline Bancorp is a leading dividend payer. It pays a dividend yield of 6.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrookline Bancorp has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Brookline Bancorp is 58.07%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Brookline Bancorp will have a dividend payout ratio of 53.47% next year. This indicates that Brookline Bancorp will be able to sustain or increase its dividend.Read more about Brookline Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BRKL. Previous Next 3.8 News and Social Media Coverage News SentimentBrookline Bancorp has a news sentiment score of 1.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.04 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Brookline Bancorp this week, compared to 1 article on an average week.Search Interest1 people have searched for BRKL on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Brookline Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brookline Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,808.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.89% of the stock of Brookline Bancorp is held by insiders.Percentage Held by Institutions78.91% of the stock of Brookline Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Brookline Bancorp's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Brookline Bancorp are expected to grow by 40.28% in the coming year, from $0.72 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brookline Bancorp is 9.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Brookline Bancorp is 9.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.84.Price to Book Value per Share RatioBrookline Bancorp has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Brookline Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Brookline Bancorp Stock (NASDAQ:BRKL)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 demand checking, NOW, money market, and savings 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 used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It provides credit, term loans, letters of credit, foreign exchange, cash management, consumer and residential loans, wealth and investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. The company was founded in 1871 and is headquartered in Boston, Massachusetts.Read More BRKL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRKL Stock News HeadlinesMay 11, 2024 | insidertrades.comThomas J. Hollister Acquires 2,400 Shares of Brookline Bancorp, Inc. (NASDAQ:BRKL) StockMay 26, 2024 | seekingalpha.comBrookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings OutlookMay 15, 2024 | finance.yahoo.comIs Brookline Bancorp, Inc. (NASDAQ:BRKL) the Best Financial Dividend Stock Insiders are Buying in 2024?April 30, 2024 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) Q1 2024 Earnings Call TranscriptApril 28, 2024 | finance.yahoo.comBrookline Bancorp (NASDAQ:BRKL) Has Announced A Dividend Of $0.135April 26, 2024 | finance.yahoo.comBrookline Bancorp Inc (BRKL) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics ...April 25, 2024 | seekingalpha.comBrookline Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 25, 2024 | finanznachrichten.deBrookline Bancorp, Inc.: Brookline Bancorp Announces First Quarter ResultsApril 25, 2024 | msn.comBRKL Stock Earnings: Brookline Bancorp Misses EPS, Misses Revenue for Q1 2024April 24, 2024 | sfgate.comBrookline: Q1 Earnings SnapshotApril 24, 2024 | globenewswire.comBrookline Bancorp Announces First Quarter ResultsApril 11, 2024 | bizjournals.comA tale of two Chestnut Hills: Brookline seeks to rezone Route 9 landApril 4, 2024 | globenewswire.comBrookline Bancorp, Inc. Announces First Quarter 2024 Earnings Release Date and Conference CallMarch 1, 2024 | finance.yahoo.comBrookline Bancorp, Inc. (NASDAQ:BRKL) is favoured by institutional owners who hold 80% of the companyFebruary 23, 2024 | ca.finance.yahoo.comBRKL Jun 2024 10.000 callFebruary 19, 2024 | finance.yahoo.comBRKL Mar 2024 15.000 callFebruary 9, 2024 | finance.yahoo.comHere's Why Brookline (BRKL) is Poised for a Turnaround After Losing -6.51% in 4 WeeksFebruary 8, 2024 | finance.yahoo.comHere's Why Brookline (BRKL) Looks Ripe for Bottom FishingFebruary 3, 2024 | finance.yahoo.comDon't Buy Brookline Bancorp, Inc. (NASDAQ:BRKL) For Its Next Dividend Without Doing These ChecksJanuary 29, 2024 | markets.businessinsider.comBrookline Bancorp (BRKL) Receives a Hold from KBWJanuary 27, 2024 | finance.yahoo.comThe Fed Tells Banks Not to Be Shy About Asking It for MoneyJanuary 25, 2024 | seekingalpha.comBrookline Bancorp, Inc. 2023 Q4 - Results - Earnings Call PresentationJanuary 24, 2024 | finance.yahoo.comBrookline Bancorp Inc (BRKL) Reports Mixed Fourth Quarter Results Amidst Industry HeadwindsJanuary 24, 2024 | finance.yahoo.comBrookline Bancorp (BRKL) Tops Q4 Earnings and Revenue EstimatesJanuary 24, 2024 | finance.yahoo.comBrookline (BRKL) Reports Q4 Earnings: What Key Metrics Have to SaySee More Headlines Receive BRKL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Brookline Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/24/2024Ex-Dividend for 5/24 Dividend5/09/2024Dividend Payable5/24/2024Today6/09/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance Current SymbolNASDAQ:BRKL CUSIP11373M10 CIK1049782 Webwww.brooklinebancorp.com Phone(617) 425-4600Fax800-253-5177Employees1,018Year Founded1871Price Target and Rating Average Stock Price Target$11.08 High Stock Price Target$12.00 Low Stock Price Target$10.50 Potential Upside/Downside+31.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio9.03 Forward P/E Ratio11.67 P/E GrowthN/ANet Income$75 million Net Margins13.13% Pretax Margin16.74% Return on Equity7.09% Return on Assets0.74% Debt Debt-to-Equity Ratio1.14 Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$609.22 million Price / Sales1.23 Cash Flow$1.06 per share Price / Cash Flow7.94 Book Value$13.49 per share Price / Book0.62Miscellaneous Outstanding Shares88,890,000Free Float86,326,000Market Cap$746.68 million OptionableOptionable Beta0.81 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Paul A. Perrault (Age 72)Chairman & CEO Comp: $1.66MMr. Carl M. Carlson (Age 60)Co-President & Chief Financial Officer Comp: $854.99kMr. Michael W. McCurdy Esq. (Age 55)Co-President & COO Comp: $851.2kMr. Mark J. Meiklejohn (Age 60)Chief Credit Officer Comp: $665.04kMr. Darryl J. Fess (Age 61)President, CEO & Director of Brookline Bank Comp: $735.16kMs. Marissa S. Martin (Age 41)General Counsel & Corporate Secretary Ms. Janytra M. Brooks (Age 41)Chief Human Resources Officer Mr. Michael P. Goldrick (Age 59)President & CEO of PCSB Bank Ms. Mona Y. MaceroExecutive VP & Chief Digital OfficerKelly BressetteExecutive VP & Director of OperationsMore ExecutivesKey CompetitorsPremier FinancialNASDAQ:PFCPathward FinancialNASDAQ:CASHWSFS FinancialNASDAQ:WSFSNew York Community BancorpNYSE:NYCBWaFdNASDAQ:WAFDView All CompetitorsInsiders & InstitutionsEMC Capital ManagementBought 14,010 shares on 5/20/2024Ownership: 0.016%Comerica BankSold 4,235 shares on 5/17/2024Ownership: 0.087%California State Teachers Retirement SystemSold 4,609 shares on 5/16/2024Ownership: 0.100%Price T Rowe Associates Inc. MDBought 3,040 shares on 5/15/2024Ownership: 0.084%EntryPoint Capital LLCBought 4,729 shares on 5/14/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions BRKL Stock Analysis - Frequently Asked Questions Should I buy or sell Brookline Bancorp stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BRKL shares. View BRKL analyst ratings or view top-rated stocks. What is Brookline Bancorp's stock price target for 2024? 4 equities research analysts have issued 1 year price objectives for Brookline Bancorp's shares. Their BRKL share price targets range from $10.50 to $12.00. On average, they expect the company's share price to reach $11.08 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View analysts price targets for BRKL or view top-rated stocks among Wall Street analysts. How have BRKL shares performed in 2024? Brookline Bancorp's stock was trading at $10.91 at the beginning of 2024. Since then, BRKL shares have decreased by 23.0% and is now trading at $8.40. View the best growth stocks for 2024 here. When is Brookline Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our BRKL earnings forecast. How were Brookline Bancorp's earnings last quarter? Brookline Bancorp, Inc. (NASDAQ:BRKL) issued its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.06. The bank earned $87.87 million during the quarter, compared to analysts' expectations of $91.77 million. Brookline Bancorp had a trailing twelve-month return on equity of 7.09% and a net margin of 13.13%. How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp? Brookline Bancorp declared a quarterly dividend on Wednesday, April 24th. Stockholders of record on Friday, May 10th will be paid a dividend of $0.135 per share on Friday, May 24th. This represents a $0.54 annualized dividend and a yield of 6.43%. The ex-dividend date is Thursday, May 9th. Read our dividend analysis for BRKL. Is Brookline Bancorp a good dividend stock? Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.54 per share and currently has a dividend yield of 6.43%. BRKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 58.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRKL will have a dividend payout ratio of 53.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BRKL. What ETF holds Brookline Bancorp's stock? Invesco KBW Regional Banking ETF holds 34,897 shares of BRKL stock, representing 0.59% of its portfolio. What is Paul A. Perrault's approval rating as Brookline Bancorp's CEO? 30 employees have rated Brookline Bancorp Chief Executive Officer Paul A. Perrault on Glassdoor.com. Paul A. Perrault has an approval rating of 83% among the company's employees. 83.0% of employees surveyed would recommend working at Brookline Bancorp to a friend. 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). Who are Brookline Bancorp's major shareholders? Brookline Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.32%), Jennison Associates LLC (5.49%), LSV Asset Management (0.61%), Mutual of America Capital Management LLC (0.55%), Principal Financial Group Inc. (0.51%) and Assenagon Asset Management S.A. (0.47%). Insiders that own company stock include Bogdan Nowak, Carl M Carlson, Charles H Peck, Darryl J Fess, David C Chapin, John A Hackett, Michael P Goldrick, Michael W Mccurdy, Thomas J Hollister and Willard I Hill Jr. View institutional ownership trends. How do I buy shares of Brookline Bancorp? Shares of BRKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:BRKL) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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