Brookline Bancorp, Inc (NASDAQ: BRKL) – Not A Clear Buying Opportunity?

Brookline Bancorp, Inc (BRKL) concluded trading on Thursday at a closing price of $9.89, with 0.44 million shares of worth about $4.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.34% during that period and on April 17, 2025 the price saw a gain of about 0.92%. Currently the company’s common shares owned by public are about 89.98M shares, out of which, 87.58M shares are available for trading.

Stock saw a price change of 3.78% in past 5 days and over the past one month there was a price change of -10.09%. Year-to-date (YTD), BRKL shares are showing a performance of -16.19% which increased to 9.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.01 but also hit the highest price of $13.15 during that period. The average intraday trading volume for Brookline Bancorp, Inc shares is 556.94K. The stock is currently trading -4.39% below its 20-day simple moving average (SMA20), while that difference is down -10.77% for SMA50 and it goes to -9.71% lower than SMA200.

Brookline Bancorp, Inc (NASDAQ: BRKL) currently have 89.98M outstanding shares and institutions hold larger chunk of about 82.98% of that.

The stock has a current market capitalization of $889.71M and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 12.85, while it has posted earnings per share of $0.77 in the same period. It has a debt-to-equity ratio of 1.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BRKL, volatility over the week remained 2.66% while standing at 3.61% over the month.

Stock’s fiscal year EPS is expected to drop by -22.73% while it is estimated to increase by 283.19% in next year.

Coverage by Raymond James stated Brookline Bancorp, Inc (BRKL) stock as a Strong buy in their note to investors on December 20, 2024, suggesting a price target of $16 for the stock. On December 04, 2024, Keefe Bruyette Upgrade their recommendations, while on September 20, 2023, Hovde Group Initiated their ratings for the stock with a price target of $10.75. Stock get a Buy rating from Seaport Research Partners on September 12, 2023.

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