7.1 C
New York
Wednesday, March 22, 2023

Today, Brookline Bancorp Inc. (NASDAQ: BRKL) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Brookline Bancorp Inc. (BRKL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $11.26. The Brookline Bancorp Inc. has recorded 68,320 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Brookline Bancorp Announces Fourth Quarter Results.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $11.26 and fluctuated between $11.54 as its day high and $10.71 as its day low. The current market capitalization of Brookline Bancorp Inc. is $1.02B. A total of 0.72 million shares were traded on the day, compared to an average of 707.51K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, BRKL has seen 5 BUY and 1 SELL insider trades, representing the acquisition of 11,500 and the disposition of 15,000 shares. Over the last 12 months, there were 52 BUYs and 21 SELLs from insiders. Insiders purchased 253,044 shares during that period but sold 62,262.

In the most recent transaction, NOWAK BOGDAN bought 25,000 shares of BRKL for 10.70 per share on Mar 13. After the transaction, the Director now owns 218,662 company shares. In a previous transaction on Mar 09, NOWAK BOGDAN bought 25,000 shares at 11.59 per share. BRKL shares that Director owns now total 193,662.

Among the insiders who bought shares, NOWAK BOGDAN acquired of 10,000 shares on Mar 08 at a per-share price of $12.14. This resulted in the Director holding 168,662 shares of BRKL after the transaction. In another insider transaction, Goldrick Michael P sold 17,023 shares at $13.09 per share on Feb 24. Company shares held by the CEO PCSB Bank now total 0.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Brookline Bancorp Inc. pays an annual dividend of $0.54, resulting in a dividend yield of 4.80%, and it has a price to earnings (P/E) ratio of 7.94. BRKL’s most recent ex-dividend date was 2/9/2023 when it declared a $0.1350 quarterly dividend that was paid in cash on 2/24/2023. Previously, the company paid the dividend on 11/25/2022 with an ex-dividend date of 11/9/2022. The BRKL stock dividend was $0.1350 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BRKL in the last 3 months, the mean price target is $15.75 with high estimates of $18.00 and low estimates of $14.50. In terms of 52-week highs and lows, BRKL has a high of $16.83 and a low of $10.20.

As of this writing, BRKL has an earnings estimate of $0.33 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.38 per share and a lower estimate of $0.21. The company reported an EPS of $0.39 in the last quarter, which was 11.40% higher than expectations of $0.35.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BRKL is Overweight with a score of 4.00. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles