Currently, there are 89.98M common shares owned by the public and among those 87.06M shares have been available to trade.
The company’s stock has a 5-day price change of -1.32% and 19.36% over the past three months. BRKL shares are trading 9.62% year to date (YTD), with the 12-month market performance up to 9.12% higher. It has a 12-month low price of $8.01 and touched a high of $13.15 over the same period. BRKL has an average intraday trading volume of 681.86K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.56%, 0.27%, and 19.57% respectively.
Institutional ownership of Brookline Bancorp, Inc (NASDAQ: BRKL) shares accounts for 81.41% of the company’s 89.98M shares outstanding.
It has a market capitalization of $1.08B and a beta (3y monthly) value of 0.77. The stock’s trailing 12-month PE ratio is 14.40, while the earnings-per-share (ttm) stands at $0.83. The company has a PEG of 2.40 and the debt-to-equity ratio at 1.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.31% over the week and 2.97% over the month.
Analysts forecast that Brookline Bancorp, Inc (BRKL) will achieve an EPS of 0.24 for the current quarter, 0.23 for the next quarter and 1.13 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.24 while analysts give the company a high EPS estimate of 0.24. Comparatively, EPS for the current quarter was 0.26 a year ago. Earnings per share for the fiscal year are expected to decrease by -4.41%, and -20.31% over the next financial year. EPS should grow at an annualized rate of 6.00% over the next five years, compared to -3.99% over the past 5-year period.
Raymond James coverage for the Brookline Bancorp, Inc (BRKL) stock in a research note released on December 20, 2024 offered a Strong Buy rating with a price target of $16. Keefe Bruyette was of a view on December 04, 2024 that the stock is Outperform, while Hovde Group gave the stock Outperform rating on September 20, 2023, issuing a price target of $10.75. Seaport Research Partners on their part issued Buy rating on September 12, 2023.
