Equities analysts expect that Brookline Bancorp, Inc. (NASDAQ:BRKL) will report $0.21 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have made estimates for Brookline Bancorp’s earnings. Brookline Bancorp reported earnings of $0.19 per share during the same quarter last year, which indicates a positive year over year growth rate of 10.5%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, January 31st.

On average, analysts expect that Brookline Bancorp will report full year earnings of $0.80 per share for the current year. For the next year, analysts expect that the company will report earnings of $0.90 per share. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Brookline Bancorp.

Brookline Bancorp (NASDAQ:BRKL) last announced its quarterly earnings results on Wednesday, October 18th. The bank reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Brookline Bancorp had a return on equity of 7.52% and a net margin of 19.82%. The business had revenue of $62.82 million during the quarter, compared to analysts’ expectations of $60.37 million. During the same quarter last year, the business posted $0.19 earnings per share.

A number of brokerages have recently weighed in on BRKL. BidaskClub cut Brookline Bancorp from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 7th. Sandler O’Neill cut Brookline Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Brookline Bancorp presently has an average rating of “Hold” and an average target price of $15.83.

Shares of Brookline Bancorp (NASDAQ BRKL) traded up $0.25 during mid-day trading on Friday, hitting $15.95. The stock had a trading volume of 437,242 shares, compared to its average volume of 253,369. Brookline Bancorp has a twelve month low of $13.60 and a twelve month high of $17.45. The stock has a market capitalization of $1,222.60, a PE ratio of 20.45 and a beta of 0.97. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.21.

In related news, Director Charles H. Peck sold 16,000 shares of Brookline Bancorp stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $16.38, for a total transaction of $262,080.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Paul A. Perrault sold 103,255 shares of Brookline Bancorp stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $14.69, for a total value of $1,516,815.95. Following the sale, the chief executive officer now owns 421,122 shares of the company’s stock, valued at approximately $6,186,282.18. The disclosure for this sale can be found here. In the last quarter, insiders have sold 142,255 shares of company stock valued at $2,138,396. 2.85% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the stock. Amalgamated Bank purchased a new stake in Brookline Bancorp during the 2nd quarter worth about $150,000. Virtu KCG Holdings LLC purchased a new stake in Brookline Bancorp in the 2nd quarter valued at about $176,000. Victory Capital Management Inc. grew its holdings in Brookline Bancorp by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 12,137 shares of the bank’s stock valued at $177,000 after buying an additional 1,819 shares during the period. Sei Investments Co. purchased a new stake in Brookline Bancorp in the 3rd quarter valued at about $197,000. Finally, Engineers Gate Manager LP purchased a new stake in Brookline Bancorp in the 2nd quarter valued at about $228,000. Hedge funds and other institutional investors own 77.63% of the company’s stock.

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Brookline Bancorp Company Profile

Brookline Bancorp, Inc operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016.

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