Brookdale Senior Living Inc. (NYSE:BKD) Receives $16.50 Consensus Target Price from Analysts

Brookdale Senior Living Inc. (NYSE:BKD) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $16.50.

BKD has been the subject of a number of research analyst reports. Stephens initiated coverage on shares of Brookdale Senior Living in a research report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Brookdale Senior Living in a report on Friday, February 20th. Weiss Ratings lowered shares of Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Finally, Zacks Research lowered shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st.

Institutional Investors Weigh In On Brookdale Senior Living

A number of institutional investors have recently added to or reduced their stakes in BKD. Caitong International Asset Management Co. Ltd grew its holdings in Brookdale Senior Living by 44,583.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock worth $29,000 after acquiring an additional 2,675 shares during the last quarter. Larson Financial Group LLC bought a new stake in shares of Brookdale Senior Living in the 3rd quarter valued at $59,000. Strs Ohio bought a new stake in shares of Brookdale Senior Living in the 1st quarter valued at $61,000. FNY Investment Advisers LLC bought a new stake in shares of Brookdale Senior Living in the 4th quarter valued at $62,000. Finally, KBC Group NV bought a new stake in shares of Brookdale Senior Living in the 4th quarter valued at $84,000.

Brookdale Senior Living Price Performance

BKD stock opened at $12.84 on Friday. The company has a 50 day simple moving average of $13.38 and a 200 day simple moving average of $13.09. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of -14.92 and a beta of 0.63. Brookdale Senior Living has a 1 year low of $6.59 and a 1 year high of $17.09.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $764.86 million for the quarter, compared to analyst estimates of $771.16 million. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 6.51%. On average, equities research analysts anticipate that Brookdale Senior Living will post -0.1 EPS for the current fiscal year.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.