Latest Stocks: Brookline Bancorp (BRKL) Earns Daily Media Sentiment Rating of 0.21

Latest Stocks: Brookline Bancorp (BRKL) Earns Daily Media Sentiment Rating of 0.21

News articles about Brookline Bancorp (NASDAQ:BRKL) have trended somewhat positive this week, Alpha One reports. The research group, a division of Accern, scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brookline Bancorp earned a media sentiment score of 0.21 on Alpha One’s scale. Alpha One also gave headlines about the bank an impact score of 92 out of 100, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the immediate future.

Separately, Keefe, Bruyette & Woods cut shares of Brookline Bancorp from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $17.00 to $16.50 in a research note on Thursday, April 27th.

Brookline Bancorp (BRKL) opened at 13.95 on Tuesday. The stock has a market capitalization of $1.07 billion, a PE ratio of 18.60 and a beta of 0.88. Brookline Bancorp has a 1-year low of $10.40 and a 1-year high of $17.45. The company’s 50 day moving average is $14.39 and its 200-day moving average is $15.36. Brookline Bancorp (NASDAQ:BRKL) last released its quarterly earnings data on Wednesday, April 26th. The bank reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. Brookline Bancorp had a net margin of 19.97% and a return on equity of 7.53%. The business had revenue of $69 million for the quarter, compared to analyst estimates of $56.36 million. During the same period in the previous year, the firm earned $0.18 EPS. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. Analysts forecast that Brookline Bancorp will post $0.78 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, May 10th. Brookline Bancorp’s payout ratio is 48.65%. In other news, Director John M. Pereira bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The stock was purchased at an average price of $14.50 per share, with a total value of $145,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Michael W. Mccurdy sold 4,895 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $14.20, for a total transaction of $69,509.00. The disclosure for this sale can be found here. Insiders own 2.82% of the company’s stock.

The company also recently announced a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, May 10th. Brookline Bancorp’s payout ratio is 48.65%. Brookline Bancorp Company Profile

Related posts

Leave a Comment