Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Brookdale Senior Living Inc. (NYSE:BKD) has been given a consensus rating of “Moderate Buy” by the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $17.40.

A number of analysts have recently commented on the stock. Barclays dropped their target price on shares of Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Monday, August 24th. Finally, Compass Point began coverage on Brookdale Senior Living in a report on Monday, June 15th. They issued a “buy” rating and a $22.00 target price for the company.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BKD. Nykredit A S purchased a new position in shares of Brookdale Senior Living in the second quarter worth approximately $57,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Brookdale Senior Living during the 2nd quarter valued at $2,198,000. California State Teachers Retirement System lifted its stake in shares of Brookdale Senior Living by 1,370.0% during the 2nd quarter. California State Teachers Retirement System now owns 3,945,107 shares of the company’s stock valued at $63,477,000 after buying an additional 3,676,728 shares in the last quarter. AXQ Capital LP boosted its holdings in Brookdale Senior Living by 90.7% in the 2nd quarter. AXQ Capital LP now owns 82,687 shares of the company’s stock worth $1,330,000 after buying an additional 39,335 shares during the period. Finally, Maple Rock Capital Partners Inc. increased its stake in Brookdale Senior Living by 9.0% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 8,888,148 shares of the company’s stock worth $143,010,000 after buying an additional 731,000 shares in the last quarter.

Brookdale Senior Living Price Performance

NYSE BKD opened at $12.13 on Friday. Brookdale Senior Living has a 1 year low of $7.29 and a 1 year high of $17.09. The stock has a market capitalization of $2.90 billion, a PE ratio of -20.91, a PEG ratio of 5.88 and a beta of 0.58. The business’s 50-day moving average is $13.49 and its 200 day moving average is $13.75.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.16. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%.The company had revenue of $718.58 million during the quarter, compared to analyst estimates of $735.63 million. As a group, equities research analysts anticipate that Brookdale Senior Living will post 0.06 earnings per share for the current year.

About Brookdale Senior Living

Brookdale Senior Living, Inc is a U.S.-based operator of senior living communities. The company provides housing, hospitality and supportive care for older adults through a range of living options, including independent living, assisted living, memory care and continuing care communities.

Brookdale’s services are designed to support residents’ daily living, wellness and social needs while offering varying levels of assistance as care requirements change. Its operations also include ancillary healthcare services, such as therapy, home health and hospice care, where available.

Headquartered in Brentwood, Tennessee, Brookdale serves residents across numerous states in the United States.