Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $8.34 in the prior trading day, Brookline Bancorp, Inc. (NASDAQ: BRKL) closed at $8.35, up 0.18%. In other words, the price has increased by $0.18 from its previous closing price. On the day, 0.5 million shares were traded. BRKL stock price reached its highest trading level at $8.535 during the session, while it also had its lowest trading level at $8.31.
Ratios:
Our goal is to gain a better understanding of BRKL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on September 20, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.75.
On September 12, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Cosman James M sold 16,000 shares for $9.66 per share. The transaction valued at 154,560 led to the insider holds 69,873 shares of the business.
Cosman James M sold 16,000 shares of BRKL for $160,000 on Mar 08 ’24. The Chief Operations Officer now owns 69,873 shares after completing the transaction at $10.00 per share. On Nov 07 ’23, another insider, HACKETT JOHN A, who serves as the Director of the company, sold 3,500 shares for $9.13 each. As a result, the insider received 31,955 and left with 37,998 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRKL now has a Market Capitalization of 748524864 and an Enterprise Value of 1836499712. As of this moment, Brookline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.10, and their Forward P/E ratio for the next fiscal year is 8.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 5.394.
Stock Price History:
The Beta on a monthly basis for BRKL is 0.77, which has changed by 0.014580846 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, BRKL has reached a high of $11.52, while it has fallen to a 52-week low of $7.00. The 50-Day Moving Average of the stock is -12.28%, while the 200-Day Moving Average is calculated to be -14.19%.
Shares Statistics:
The stock has traded on average 458.02K shares per day over the past 3-months and 436350 shares per day over the last 10 days, according to various share statistics. A total of 89.64M shares are outstanding, with a floating share count of 86.25M. Insiders hold about 2.97% of the company’s shares, while institutions hold 79.20% stake in the company. Shares short for BRKL as of 1713139200 were 1409069 with a Short Ratio of 3.08, compared to 1710460800 on 1289909. Therefore, it implies a Short% of Shares Outstanding of 1409069 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
In the trailing 12 months, BRKL’s forward annual dividend rate was 0.54, compared to 0.54 this year. Against a Trailing Annual Dividend Yield of 0.064787045The stock’s 5-year Average Dividend Yield is 3.96. The current Payout Ratio is 63.69% for BRKL, which recently paid a dividend on 2024-02-08 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2002-07-10 when the company split stock in a 2187:1000 ratio.
Earnings Estimates
The current rating of Brookline Bancorp, Inc. (BRKL) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.18, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.22, with high estimates of $0.25 and low estimates of $0.19.
Analysts are recommending an EPS of between $1.0 and $0.74 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $1.1, with 6.0 analysts recommending between $1.21 and $0.99.
Revenue Estimates
5 analysts predict $84.24M in revenue for the current quarter. It ranges from a high estimate of $89.03M to a low estimate of $82.22M. As of the current estimate, Brookline Bancorp, Inc.’s year-ago sales were $85.16MFor the next quarter, 5 analysts are estimating revenue of $87.11M. There is a high estimate of $90.4M for the next quarter, whereas the lowest estimate is $84.77M.
A total of 5 analysts have provided revenue estimates for BRKL’s current fiscal year. The highest revenue estimate was $368M, while the lowest revenue estimate was $332M, resulting in an average revenue estimate of $348.34M. In the same quarter a year ago, actual revenue was $333.44MBased on 5 analysts’ estimates, the company’s revenue will be $384.88M in the next fiscal year. The high estimate is $415M and the low estimate is $363.82M.
