Brookline Bancorp (BRKL) Scheduled to Post Earnings on Thursday
Brookline Bancorp (NASDAQ:BRKL) will issue its quarterly earnings data after the market closes on Thursday, January 25th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
Shares of Brookline Bancorp (NASDAQ BRKL) opened at $16.45 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.21. The company has a market cap of $1,260.00, a price-to-earnings ratio of 21.09 and a beta of 0.97. Brookline Bancorp has a 1 year low of $13.60 and a 1 year high of $17.45.
BRKL has been the topic of a number of research analyst reports. Sandler O’Neill cut shares of Brookline Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. BidaskClub cut shares of Brookline Bancorp from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 7th. Finally, Piper Jaffray Companies reissued a “hold” rating and set a $16.50 price objective on shares of Brookline Bancorp in a research report on Tuesday, January 9th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Brookline Bancorp has an average rating of “Hold” and a consensus target price of $16.33.
About Brookline Bancorp
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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