Q1 EPS Estimate for Brookline Bancorp Reduced by Analyst

Brookline Bancorp, Inc. (NASDAQ:BRKLFree Report) – Stock analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Brookline Bancorp in a report released on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now anticipates that the bank will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.25. The consensus estimate for Brookline Bancorp’s current full-year earnings is $1.09 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.

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

BRKL has been the topic of several other research reports. Raymond James upgraded 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. Keefe, Bruyette & Woods downgraded shares of Brookline Bancorp from an “outperform” rating to a “market perform” rating and set a $14.50 price target for the company. in a report on Tuesday, December 24th. Finally, StockNews.com initiated coverage on shares of Brookline Bancorp in a research note on Tuesday. They set a “hold” rating on the stock.

Read Our Latest Analysis on BRKL

Brookline Bancorp Price Performance

Shares of BRKL stock opened at $12.58 on Thursday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.12 and a quick ratio of 1.13. The stock’s fifty day simple moving average is $12.08 and its 200 day simple moving average is $11.10. 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 price-to-earnings ratio of 16.34 and a beta of 0.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Versant Capital Management Inc increased its position in Brookline Bancorp by 124.2% in the 4th 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 in the last quarter. EMC Capital Management increased its holdings in shares of Brookline Bancorp by 13.0% in the third quarter. EMC Capital Management now owns 15,829 shares of the bank’s stock valued at $160,000 after purchasing an additional 1,819 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Brookline Bancorp by 5.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 40,432 shares of the bank’s stock worth $338,000 after purchasing an additional 2,002 shares during the last quarter. KBC Group NV lifted its holdings in Brookline Bancorp by 60.3% during the 4th quarter. KBC Group NV now owns 6,438 shares of the bank’s stock worth $76,000 after buying an additional 2,421 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in Brookline Bancorp by 4.4% during the 3rd quarter. Captrust Financial Advisors now owns 64,734 shares of the bank’s stock worth $653,000 after buying an additional 2,730 shares in the last quarter. Institutional investors and hedge funds own 78.91% of the company’s stock.

Brookline Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.135 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.29%. Brookline Bancorp’s dividend payout ratio (DPR) is presently 70.13%.

Brookline Bancorp Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Brookline Bancorp (NASDAQ:BRKL)

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