U.S. markets open in 2 hours 40 minutes
  • S&P Futures

    4,413.50
    -1.50 (-0.03%)
     
  • Dow Futures

    34,974.00
    -24.00 (-0.07%)
     
  • Nasdaq Futures

    15,058.25
    +12.00 (+0.08%)
     
  • Russell 2000 Futures

    2,216.60
    -2.80 (-0.13%)
     
  • Crude Oil

    70.20
    -0.36 (-0.51%)
     
  • Gold

    1,816.70
    +2.60 (+0.14%)
     
  • Silver

    25.75
    +0.17 (+0.68%)
     
  • EUR/USD

    1.1860
    -0.0008 (-0.07%)
     
  • 10-Yr Bond

    1.1760
    0.0000 (0.00%)
     
  • Vix

    18.25
    -1.21 (-6.22%)
     
  • GBP/USD

    1.3932
    +0.0017 (+0.12%)
     
  • USD/JPY

    109.1670
    +0.1170 (+0.11%)
     
  • BTC-USD

    37,896.90
    -844.06 (-2.18%)
     
  • CMC Crypto 200

    926.64
    -16.80 (-1.78%)
     
  • FTSE 100

    7,135.13
    +29.41 (+0.41%)
     
  • Nikkei 225

    27,584.08
    -57.75 (-0.21%)
     

Is Brookline Bancorp (BRKL) Stock a Solid Choice Right Now?

·2 min read

One stock that might be an intriguing choice for investors right now is Brookline Bancorp, Inc. BRKL. This is because this security in the Financial - Savings and Loan space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Financial - Savings and Loan space as it currently has a Zacks Industry Rank of 47 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Brookline Bancorp is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Brookline Bancorp, Inc. Price and Consensus

Brookline Bancorp, Inc. Price and Consensus
Brookline Bancorp, Inc. Price and Consensus

Brookline Bancorp, Inc. price-consensus-chart | Brookline Bancorp, Inc. Quote

In fact, over the past month, current quarter estimates have risen from 31 cents per share to 33 cents per share, while current year estimates have risen from $1.15 per share to $1.24 per share. This has helped BRKL to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Brookline Bancorp. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.

Click here for the 4 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Brookline Bancorp, Inc. (BRKL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research