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How to Buy Brookline Bancorp Stock

Brookline Bancorp Inc

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.

Brookline Bancorp stock last closed at $9.75, up 3.28% from the previous day, and has decreased 8.19% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.22 percentage points. Brookline Bancorp stock is currently +39.29% from its 52-week low of $7.00, and -15.36% from its 52-week high of $11.52.

At the moment, there are 88.89M BRKL shares outstanding. The market cap of BRKL is $866.72M. In the past 24 hours, 357,592 BRKL shares were traded.

How to Buy Brookline Bancorp Stock

Wondering how to invest in Brookline Bancorp stock? Here's how.
  1. Decide where to buy Brookline Bancorp stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Brookline Bancorp stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your method of payment and add your information.
  4. Evaluate Brookline Bancorp stock: The Brookline Bancorp ticker symbol is BRKL. Is Brookline Bancorp stock a good investment? Should you buy shares of BRKL? How do BRKL's underlying business fundamentals look? Do top analysts think Brookline Bancorp is a good buy? Why has BRKL's stock price moved recently? (Hint: Our stock research tools can help you figure out if BRKL is a good stock to buy).
  5. Make your BRKL purchase: Decide if you will purchase BRKL shares at the current market price or use a limit order to purchase BRKL stock at a particular price.
  6. Get updates on your investment in BRKL: Create a watchlist to key updates about your position in Brookline Bancorp stock.

Step 1: Decide where to buy Brookline Bancorp stock

You will need a brokerage account in order to access the NASDAQ market and buy BRKL shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you can invest in BRKL today.

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  2. Input your personal details to start your new trading account.
  1. Submit your information by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've opened your account on stock market app, your next step is to transfer the money for your investment:

Watch the tutorial below for more details transferring money into your investment account.

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Step 4: Evaluate Brookline Bancorp stock

Once you have chosen the best place to buy Brookline Bancorp stock, it's important to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.

Brookline Bancorp quick stats

BRKL Price
$9.75
1w %
0.93%
1y %
-8.19%
5y %
-32.06%
P/E
11.47x
P/B
0.72x
P/S
2.58x
PEG
N/A
Revenue
$333.44M
Earnings
$75.00M
Fore. Rev. Growth
12.87%
Fore. Earn. Growth
N/A
Market Cap
$866.72M
Next Earnings
Apr 24, 2024
Next Dividend
N/A

BRKL Fundamentals

WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on BRKL's stock page.

Is BRKL stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BRKL's fair value.

Using relative valuations measures:

  • BRKL could be undervalued based on its P/E ratio of 11.47x, relative to Banks - Regional industry P/E ratio of -10.57x
  • BRKL may be undervalued based on its P/B ratio of 0.72x, relative to Banks - Regional industry P/B ratio of 1.02x

You can do additional valuation research on BRKL's stock here.

BRKL Financial Health Summary

Passed Health Checks:

  • BRKL earnings of $93.91M is not sufficient to cover its interest payments.

Failed Health Checks:

  • BRKL profit margin has gone down from 34.3% to 22.5% in the past year.
  • BRKL has a relatively high debt to equity ratio of 8.5.
  • Total BRKL debt is higher than 5 years ago, relative to shareholder equity.
  • BRKL's operating cash flow of $116.60M allows it to safely service it's debt of $1.41B.

Is Brookline Bancorp stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who give forecasts on BRKL, the consensus analyst rating on Brookline Bancorp is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Brookline Bancorp stock forecast page.

BRKL Technicals

SMA10
9.48
SMA20
9.63
SMA50
10.03
SMA100
10.03
SMA200
9.7
MACD
-0.11
MACD Signal
-0.15
MACD Histogram
0.04
RSI
51.13
Stochastic %K
41.08
Stochastic %D
39.06
StochRSI %K
77.66
StochRSI %D
74.75

BRKL Performance Metrics

Last year, BRKL earnings were $75.00M. During the last five year, BRKL's earnings have gone up by -3.95% per year. This was slower than the Banks - Regional industry average of 15.73%.

Last year, BRKL revenue was $333.44M. During the past 5 year, BRKL's revenue has grown by 4.47% per year. This was slower than the Banks - Regional industry average of 7.21%.

You can analyze BRKL's earnings and revenue performance here.

What are BRKL executives and large shareholders up to?

In the last year, insiders at BRKL have sold more shares than they have bought.

James M. Cosman, Chief Operations Officer of BRKL, was the latest BRKL insider to sell. They sold $154,560.00 worth of BRKL stock on Mar 12, 2024.

Research more about who owns BRKL shares here.

Does BRKL provide a stable income stream?

Brookline Bancorp pays a dividend of 5.54%, compared to the Banks - Regional industry's average dividend yield of 3.66%. If you owned $1,000 worth of BRKL stock, you would have been paid $55.38 in the past year.

Brookline Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Brookline Bancorp dividend yield and history here.

What do other traders have to say about BRKL?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your BRKL purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, place a limit order.

Click the Open button and your broker will execute the order.

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Step 6: Get updates on your investment in BRKL

Now that you own some BRKL shares, you'll want to keep up with your shares.

Add BRKL to a watchlist to see the latest developments about your BRKL stock.

BRKL Feed

How to Buy Stock in Brookline Bancorp

To summarize, here are the 6 steps you need to take to buy Brookline Bancorp stock right now:

  1. Decide where to buy Brookline Bancorp stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Brookline Bancorp stock
  5. Make your BRKL purchase
  6. Get updates on your investment in BRKL

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Brookline Bancorp, add BRKL to your watchlist below.

NASDAQ: BRKL
$9.75+0.31 (+3.28%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: BRKL
$9.75+0.31 (+3.28%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Brookline Bancorp share?

As of Mar 27, 2024, it costs $9.75 to buy one share of Brookline Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.41 shares of BRKL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Brookline Bancorp stock?

According to 1 Wall Street analysts who monitor Brookline Bancorp, their consensus recommendation is to buy Brookline Bancorp stock.

What is the best way to buy Brookline Bancorp stock?

One way to place an order for Brookline Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.