Brookline Bancorp (BRKL) Projected to Post Quarterly Earnings on Wednesday

Brookline Bancorp (NASDAQ:BRKL) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $90,659.00 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Brookline Bancorp Stock Up 1.0 %

Brookline Bancorp stock opened at $12.08 on Tuesday. The firm has a 50 day moving average price of $12.11 and a 200-day moving average price of $10.99. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.22. Brookline Bancorp has a twelve month low of $8.01 and a twelve month high of $13.15. The company has a market capitalization of $1.08 billion, a P/E ratio of 14.55 and a beta of 0.79.

Wall Street Analysts Forecast Growth

BRKL has been the subject of a number of recent research reports. StockNews.com assumed coverage on Brookline Bancorp in a research report on Monday. They issued a “hold” rating for the company. Keefe, Bruyette & Woods cut Brookline Bancorp from an “outperform” rating to a “market perform” rating and set a $14.50 price objective on the stock. in a research note on Tuesday, December 24th. Finally, Raymond James raised shares of Brookline Bancorp from a “market perform” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a report on Friday, December 20th.

About Brookline Bancorp

Brookline Bancorp, Inc operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company’s loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans.