Q1 EPS Estimate for Brookline Bancorp Decreased by Analyst

Brookline Bancorp, Inc. (NASDAQ:BRKL - Free Report) - Stock analysts at Seaport Res Ptn dropped their Q1 2025 earnings estimates for Brookline Bancorp in a note issued to investors on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now expects that the bank will post earnings of $0.23 per share for the quarter, down from their prior forecast of $0.25. The consensus estimate for Brookline Bancorp's current full-year earnings is $1.35 per share. Seaport Res Ptn also issued estimates for Brookline Bancorp's Q3 2025 earnings at $0.29 EPS, Q4 2025 earnings at $0.32 EPS and FY2025 earnings at $1.11 EPS.

Several other research firms have also recently issued reports on BRKL. Keefe, Bruyette & Woods cut shares of Brookline Bancorp from an "outperform" rating to a "market perform" rating and set a $14.50 target price on the stock. in a research note on Tuesday, December 24th. Raymond James raised shares of Brookline Bancorp from a "market perform" rating to a "strong-buy" rating and set a $16.00 target price on the stock in a research note on Friday, December 20th. Finally, StockNews.com started coverage on shares of Brookline Bancorp in a research note on Tuesday, February 4th. They issued a "hold" rating for the company.

Brookline Bancorp Price Performance

Shares of BRKL traded down $0.17 during midday trading on Thursday, hitting $12.52. 494,313 shares of the company traded hands, compared to its average volume of 531,075. The stock has a 50-day moving average of $12.08 and a 200-day moving average of $11.13. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.12 and a quick ratio of 1.13. Brookline Bancorp has a one year low of $8.01 and a one year high of $13.15. The firm has a market cap of $1.12 billion, a P/E ratio of 16.26 and a beta of 0.79.

Brookline Bancorp (NASDAQ:BRKL - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Brookline Bancorp had a return on equity of 5.94% and a net margin of 10.51%.

Hedge Funds Weigh In On Brookline Bancorp

A number of large investors have recently modified their holdings of the company. Versant Capital Management Inc grew its position in Brookline Bancorp by 124.2% during the fourth quarter. Versant Capital Management Inc now owns 2,879 shares of the bank's stock valued at $34,000 after acquiring an additional 1,595 shares during the last quarter. FMR LLC boosted its stake in shares of Brookline Bancorp by 174.9% in the 3rd quarter. FMR LLC now owns 5,154 shares of the bank's stock valued at $52,000 after purchasing an additional 3,279 shares in the last quarter. KBC Group NV grew its holdings in shares of Brookline Bancorp by 60.3% during the 4th quarter. KBC Group NV now owns 6,438 shares of the bank's stock valued at $76,000 after purchasing an additional 2,421 shares during the last quarter. Creative Planning purchased a new position in Brookline Bancorp in the 3rd quarter worth $103,000. Finally, Townsquare Capital LLC bought a new stake in Brookline Bancorp in the third quarter worth $111,000. 78.91% of the stock is owned by hedge funds and other institutional investors.

Brookline Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.135 per share. The ex-dividend date is Friday, February 14th. This represents a $0.54 annualized dividend and a dividend yield of 4.31%. Brookline Bancorp's dividend payout ratio (DPR) is presently 70.13%.

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 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.