Equities analysts expect Brookdale Senior Living (NYSE:BKD) to post ($0.19) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Brookdale Senior Living’s earnings, with the highest EPS estimate coming in at ($0.11) and the lowest estimate coming in at ($0.28). Brookdale Senior Living reported earnings of ($0.23) per share during the same quarter last year, which suggests a positive year over year growth rate of 17.4%. The business is expected to report its next quarterly earnings report on Monday, August 6th.
On average, analysts expect that Brookdale Senior Living will report full-year earnings of ($3.16) per share for the current year, with EPS estimates ranging from ($3.25) to ($3.06). For the next fiscal year, analysts forecast that the firm will post earnings of ($0.80) per share, with EPS estimates ranging from ($0.93) to ($0.60). Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Brookdale Senior Living.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Monday, May 7th. The company reported ($0.35) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.13). Brookdale Senior Living had a negative net margin of 19.13% and a negative return on equity of 10.81%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the business earned ($0.68) EPS. The firm’s quarterly revenue was down 2.4% on a year-over-year basis.
A number of research firms recently weighed in on BKD. Zacks Investment Research raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Stephens reaffirmed a “buy” rating and set a $12.00 price objective on shares of Brookdale Senior Living in a research report on Tuesday, March 6th. Stifel Nicolaus lowered Brookdale Senior Living from a “buy” rating to a “hold” rating and reduced their price objective for the company from $14.00 to $9.00 in a research report on Thursday, February 22nd. Royal Bank of Canada lowered Brookdale Senior Living from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $13.00 to $8.00 in a research report on Tuesday, February 27th. Finally, Jefferies Group set a $9.00 price objective on Brookdale Senior Living and gave the company a “buy” rating in a research report on Friday, February 23rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $9.08.
Brookdale Senior Living opened at $7.66 on Thursday, Marketbeat reports. Brookdale Senior Living has a twelve month low of $6.28 and a twelve month high of $15.66. The company has a debt-to-equity ratio of 4.20, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $1.44 billion, a P/E ratio of -9.82 and a beta of 1.79.
In other Brookdale Senior Living news, Director James R. Seward bought 5,000 shares of Brookdale Senior Living stock in a transaction on Thursday, March 1st. The stock was acquired at an average price of $6.68 per share, with a total value of $33,400.00. Following the acquisition, the director now owns 102,451 shares in the company, valued at $684,372.68. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Marcus E. Bromley bought 6,950 shares of Brookdale Senior Living stock in a transaction on Tuesday, March 6th. The stock was acquired at an average cost of $7.18 per share, with a total value of $49,901.00. Following the acquisition, the director now owns 28,359 shares in the company, valued at approximately $203,617.62. The disclosure for this purchase can be found here. In the last three months, insiders acquired 36,950 shares of company stock valued at $256,401. Corporate insiders own 1.50% of the company’s stock.
Several institutional investors have recently bought and sold shares of the business. Fosun International Ltd bought a new stake in shares of Brookdale Senior Living in the 1st quarter worth $101,320,000. Dimensional Fund Advisors LP increased its holdings in shares of Brookdale Senior Living by 8.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,478,041 shares of the company’s stock worth $97,148,000 after purchasing an additional 1,112,804 shares in the last quarter. Land & Buildings Investment Management LLC increased its holdings in shares of Brookdale Senior Living by 36.3% in the 4th quarter. Land & Buildings Investment Management LLC now owns 6,816,974 shares of the company’s stock worth $66,125,000 after purchasing an additional 1,816,200 shares in the last quarter. Macquarie Group Ltd. increased its holdings in shares of Brookdale Senior Living by 37.0% in the 4th quarter. Macquarie Group Ltd. now owns 6,239,637 shares of the company’s stock worth $60,525,000 after purchasing an additional 1,684,547 shares in the last quarter. Finally, Long Pond Capital LP bought a new stake in shares of Brookdale Senior Living in the 4th quarter worth $23,075,000.
Brookdale Senior Living Company Profile
Brookdale Senior Living, Inc engages in the operation of senior living communities. It manages independent living, assisted living, and dementia-care communities, and continuing care retirement centers. It operates through the following segments: Retirement Centers, Assisted Living, CCRCs-Rental, Brookdale Ancillary Services, and Management Services.
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