Brookdale Senior Living, Inc. (NYSE:BKD) has been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $15.30.
BKD has been the topic of a number of research analyst reports. BidaskClub lowered Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Zacks Investment Research lowered Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a report on Thursday, August 10th. ValuEngine lowered Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Sunday, September 3rd. Jefferies Group reaffirmed a “buy” rating and set a $15.50 target price (down from $16.50) on shares of Brookdale Senior Living in a report on Monday, October 2nd. Finally, Stephens set a $16.00 target price on Brookdale Senior Living and gave the stock a “buy” rating in a report on Monday, November 20th.
Shares of Brookdale Senior Living (NYSE BKD) opened at $10.22 on Friday. Brookdale Senior Living has a one year low of $8.78 and a one year high of $16.31. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.83 and a current ratio of 0.83.
Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, November 6th. The company reported ($2.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($1.97). Brookdale Senior Living had a negative net margin of 17.85% and a negative return on equity of 0.79%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the firm earned ($0.28) earnings per share. Brookdale Senior Living’s revenue for the quarter was down 5.9% compared to the same quarter last year. equities research analysts forecast that Brookdale Senior Living will post -2.11 earnings per share for the current year.
Large investors have recently added to or reduced their stakes in the stock. Utah Retirement Systems increased its stake in Brookdale Senior Living by 0.3% in the 2nd quarter. Utah Retirement Systems now owns 33,642 shares of the company’s stock worth $494,000 after purchasing an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Brookdale Senior Living by 12.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock worth $102,000 after purchasing an additional 761 shares in the last quarter. IMS Capital Management increased its stake in Brookdale Senior Living by 2.6% in the 2nd quarter. IMS Capital Management now owns 70,455 shares of the company’s stock worth $1,036,000 after purchasing an additional 1,803 shares in the last quarter. Princeton Portfolio Strategies Group LLC increased its stake in Brookdale Senior Living by 3.7% in the 2nd quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock worth $1,192,000 after purchasing an additional 2,894 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in Brookdale Senior Living by 13.7% in the 2nd quarter. Principal Financial Group Inc. now owns 27,284 shares of the company’s stock worth $401,000 after purchasing an additional 3,294 shares in the last quarter. 99.87% of the stock is currently owned by hedge funds and other institutional investors.
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About Brookdale Senior Living
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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