Brookdale Senior Living Inc. (NYSE:BKD) Receives $7.80 Consensus PT from Analysts

Brookdale Senior Living Inc. (NYSE:BKD) has earned an average rating of “Hold” from the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $7.80.

Several equities analysts have commented on BKD shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, July 9th. Wall Street Zen upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Barclays set a $8.00 price target on shares of Brookdale Senior Living and gave the company an “equal weight” rating in a research note on Thursday, August 7th.

Hedge Funds Weigh In On Brookdale Senior Living

A number of large investors have recently made changes to their positions in BKD. Osaic Holdings Inc. boosted its stake in Brookdale Senior Living by 7.1% in the 2nd quarter. Osaic Holdings Inc. now owns 20,177 shares of the company’s stock valued at $140,000 after purchasing an additional 1,331 shares during the period. Hudson Bay Capital Management LP bought a new stake in shares of Brookdale Senior Living in the second quarter valued at about $5,220,000. Tower Research Capital LLC TRC boosted its position in shares of Brookdale Senior Living by 328.5% in the second quarter. Tower Research Capital LLC TRC now owns 24,757 shares of the company’s stock valued at $172,000 after acquiring an additional 18,979 shares during the period. Voleon Capital Management LP acquired a new position in shares of Brookdale Senior Living in the second quarter valued at about $363,000. Finally, Oxford Asset Management LLP increased its position in Brookdale Senior Living by 30.8% during the second quarter. Oxford Asset Management LLP now owns 64,215 shares of the company’s stock worth $447,000 after acquiring an additional 15,128 shares during the period.

Brookdale Senior Living Stock Performance

BKD opened at $8.57 on Thursday. Brookdale Senior Living has a 12-month low of $4.45 and a 12-month high of $8.66. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of -8.16 and a beta of 0.90. The business has a 50 day moving average of $7.69 and a 200-day moving average of $6.98. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 39.87.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Wednesday, August 6th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). Brookdale Senior Living had a negative return on equity of 107.19% and a negative net margin of 7.60%.The business had revenue of $812.94 million for the quarter, compared to analyst estimates of $817.63 million. On average, equities research analysts expect that Brookdale Senior Living will post -0.56 earnings per share for the current year.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.