Brookdale Senior Living, Inc. (BKD) Receives Average Recommendation of “Hold” from Analysts
Brookdale Senior Living, Inc. (NYSE:BKD) has earned a consensus rating of “Hold” from the nine brokerages that are covering the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $20.08.
BKD has been the subject of several research reports. Jefferies Group LLC reissued a “hold” rating and issued a $14.00 price objective on shares of Brookdale Senior Living in a research report on Tuesday, February 14th. Royal Bank of Canada reissued a “buy” rating and issued a $19.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, February 15th. Finally, Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th.
Brookdale Senior Living (NYSE:BKD) remained flat at $14.02 during trading on Monday. The stock had a trading volume of 920,427 shares. The company’s market capitalization is $2.61 billion. Brookdale Senior Living has a 52 week low of $10.65 and a 52 week high of $18.94. The company has a 50-day moving average price of $13.30 and a 200-day moving average price of $13.35.
Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, May 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.07. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Brookdale Senior Living had a negative net margin of 8.13% and a positive return on equity of 17.00%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.58 EPS. On average, analysts expect that Brookdale Senior Living will post $1.80 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the stock. Terra Nova Asset Management LLC acquired a new stake in Brookdale Senior Living during the first quarter valued at approximately $134,000. Highbridge Capital Management LLC acquired a new stake in Brookdale Senior Living during the fourth quarter valued at approximately $148,000. Oppenheimer Asset Management Inc. acquired a new stake in Brookdale Senior Living during the first quarter valued at approximately $159,000. Guggenheim Capital LLC raised its stake in Brookdale Senior Living by 3.9% in the fourth quarter. Guggenheim Capital LLC now owns 14,274 shares of the company’s stock valued at $177,000 after buying an additional 530 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Brookdale Senior Living during the fourth quarter valued at approximately $185,000.
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Brookdale Senior Living Company Profile
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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