Brookdale Senior Living Inc. (NYSE:BKD) issued its quarterly earnings results on Monday. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by $0.79, Morningstar.com reports. Brookdale Senior Living had a positive return on equity of 13.22% and a negative net margin of 9.77%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm earned ($0.19) earnings per share. The company’s revenue was down 5.7% compared to the same quarter last year.

Brookdale Senior Living (NYSE:BKD) traded up 5.42% during mid-day trading on Tuesday, reaching $12.65. 1,179,130 shares of the company were exchanged. The company’s 50 day moving average price is $14.55 and its 200-day moving average price is $14.02. The stock’s market capitalization is $2.36 billion. Brookdale Senior Living has a 12 month low of $10.65 and a 12 month high of $18.46.

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BKD has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Jefferies Group LLC reiterated a “buy” rating and set a $16.50 price target on shares of Brookdale Senior Living in a research note on Friday, July 14th. ValuEngine lowered shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. Finally, Stifel Nicolaus dropped their price target on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. Brookdale Senior Living currently has a consensus rating of “Hold” and a consensus price target of $18.29.

Institutional investors have recently added to or reduced their stakes in the stock. Guggenheim Capital LLC boosted its position 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 during the last quarter. Amalgamated Bank boosted its position in Brookdale Senior Living by 3.4% in the first quarter. Amalgamated Bank now owns 26,468 shares of the company’s stock valued at $355,000 after buying an additional 869 shares during the last quarter. IMS Capital Management boosted its position in Brookdale Senior Living by 2.6% in the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock valued at $1,036,000 after buying an additional 1,803 shares during the last quarter. Aperio Group LLC boosted its position in Brookdale Senior Living by 12.3% in the second quarter. Aperio Group LLC now owns 30,468 shares of the company’s stock valued at $448,000 after buying an additional 3,335 shares during the last quarter. Finally, Oxbow Advisors LLC boosted its position in Brookdale Senior Living by 1.5% in the second quarter. Oxbow Advisors LLC now owns 236,827 shares of the company’s stock valued at $3,484,000 after buying an additional 3,547 shares during the last quarter.

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.

Earnings History for Brookdale Senior Living (NYSE:BKD)

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