News stories about Brookline Bancorp (NASDAQ:BRKL) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Brookline Bancorp earned a news impact score of 0.14 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.1672286057524 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Brookline Bancorp (BRKL) opened at $16.55 on Friday. The firm has a market cap of $1,268.59, a price-to-earnings ratio of 21.22 and a beta of 0.97. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.21. Brookline Bancorp has a 52 week low of $13.60 and a 52 week high of $17.45.

Brookline Bancorp (NASDAQ:BRKL) last announced its earnings results on Wednesday, October 18th. The bank reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The business had revenue of $62.82 million during the quarter, compared to the consensus estimate of $60.37 million. Brookline Bancorp had a net margin of 19.82% and a return on equity of 7.52%. During the same period in the prior year, the firm earned $0.19 earnings per share. analysts anticipate that Brookline Bancorp will post 0.8 EPS for the current fiscal year.

Several equities research analysts have issued reports on BRKL shares. Sandler O’Neill downgraded shares of Brookline Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. BidaskClub downgraded shares of Brookline Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 7th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $16.50 price objective on shares of Brookline Bancorp in a research note on Tuesday, January 9th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.33.

In other news, Director John A. Hackett sold 2,000 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $15.00, for a total value of $30,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Paul A. Perrault sold 103,255 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $14.69, for a total transaction of $1,516,815.95. Following the completion of the transaction, the chief executive officer now owns 421,122 shares of the company’s stock, valued at $6,186,282.18. The disclosure for this sale can be found here. Insiders sold 142,255 shares of company stock valued at $2,138,396 over the last 90 days. Insiders own 2.85% 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.

Insider Buying and Selling by Quarter for Brookline Bancorp (NASDAQ:BRKL)

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