EPS for Brookline Bancorp, Inc. (BRKL) Expected At $0.20

September 24, 2017 - By Adrian Mccoy

 EPS for Brookline Bancorp, Inc. (BRKL) Expected At $0.20
Investors sentiment increased to 1.39 in Q2 2017. Its up 0.39, from 1 in 2017Q1. It improved, as 19 investors sold Brookline Bancorp, Inc. shares while 43 reduced holdings. 25 funds opened positions while 61 raised stakes. 58.17 million shares or 9.14% more from 53.30 million shares in 2017Q1 were reported.
217,874 were accumulated by State Common Retirement Fund. Millennium Mgmt Ltd Company holds 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 63,722 shares. Principal Fincl Group accumulated 0.01% or 608,319 shares. 32,942 are owned by Voya Investment Management Ltd Com. Tiaa Cref Mgmt Ltd Liability invested in 377,430 shares or 0% of the stock. Blackrock Incorporated reported 0.01% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Eqis Capital Mgmt accumulated 14,321 shares or 0.01% of the stock. Massachusetts Ser Ma reported 529,315 shares. Btim Corporation holds 0% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 10,000 shares. Deprince Race Zollo Inc accumulated 0.26% or 875,543 shares. Fj Capital Limited Liability Corporation holds 0.22% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 118,100 shares. Moreover, Clarivest Asset Management Limited Com has 0.01% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 14,880 shares. Suntrust Banks Incorporated has invested 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Ls Inv Limited Liability owns 2,559 shares. First Tru Advisors Ltd Partnership reported 0.01% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL).

Since June 5, 2017, it had 0 insider buys, and 1 insider sale for $69,509 activity.

Wall Street await Brookline Bancorp, Inc. (NASDAQ:BRKL) to release earnings on October, 18. Analysts forecast EPS of $0.20, up exactly $0.01 or 5.26 % from 2014’s $0.19 EPS. The expected BRKL’s profit could reach $15.35 million giving the stock 18.56 P/E in the case that $0.20 earnings per share is reported. After posting $0.20 EPS for the previous quarter, Brookline Bancorp, Inc.’s analysts now forecast 0.00 % EPS growth. The stock increased 0.68% or $0.1 on September 22, reaching $14.85. About 446,990 shares traded or 18.75% up from the average. Brookline Bancorp, Inc. (NASDAQ:BRKL) has risen 26.02% since September 24, 2016 and is uptrending. It has outperformed by 9.32% the S&P500.

Brookline Bancorp, Inc. (NASDAQ:BRKL) Ratings Coverage

Among 4 analysts covering Brookline Bancorp (NASDAQ:BRKL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Brookline Bancorp had 9 analyst reports since September 3, 2015 according to SRatingsIntel. Sandler O’Neill upgraded Brookline Bancorp, Inc. (NASDAQ:BRKL) rating on Monday, August 21. Sandler O’Neill has “Buy” rating and $16.0 target. The company was initiated on Wednesday, September 16 by Piper Jaffray. On Thursday, June 1 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, August 8. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) has “Buy” rating given on Thursday, September 3 by Sandler O’Neill. As per Thursday, July 13, the company rating was maintained by Piper Jaffray. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) earned “Neutral” rating by Compass Point on Friday, November 18. The company was downgraded on Tuesday, June 7 by Sandler O’Neill. The firm has “Buy” rating by Compass Point given on Thursday, October 22.

Brookline Bancorp, Inc. operates as a multi-bank holding firm for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. The company has market cap of $1.14 billion. 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. It has a 19.28 P/E ratio.

More notable recent Brookline Bancorp, Inc. (NASDAQ:BRKL) news were published by: Prnewswire.com which released: “Brookline Bancorp, Inc. Announces Third Quarter 2016 Earnings Release Date and …” on September 28, 2016, also Globenewswire.com with their article: “Brookline Bancorp, Inc. and First Commons Bank Sign Definitive Merger …” published on September 21, 2017, Globenewswire.com published: “Brookline Bancorp, Inc. Announces Commencement of Common Stock Offering” on April 26, 2017. More interesting news about Brookline Bancorp, Inc. (NASDAQ:BRKL) were released by: Seekingalpha.com and their article: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q2 2017 Results – Earnings …” published on July 21, 2017 as well as Seekingalpha.com‘s news article titled: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q1 2017 Results – Earnings …” with publication date: April 27, 2017.

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