Brookdale Senior Living (NYSE:BKD) Releases Earnings Results

Brookdale Senior Living (NYSE:BKD) issued its quarterly earnings data on Tuesday. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.21), Zacks reports. The company had revenue of $780.95 million during the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative net margin of 6.75% and a negative return on equity of 59.06%.

Brookdale Senior Living Stock Performance

NYSE BKD opened at $5.46 on Thursday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of -5.93 and a beta of 1.29. The stock has a 50-day moving average of $4.98 and a 200 day moving average of $5.85. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 14.46. Brookdale Senior Living has a twelve month low of $4.45 and a twelve month high of $8.12.

Insider Buying and Selling at Brookdale Senior Living

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $5.62, for a total transaction of $56,200.00. Following the completion of the transaction, the director now directly owns 211,382 shares in the company, valued at approximately $1,187,966.84. This represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

BKD has been the subject of several recent research reports. Macquarie reiterated an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Friday, December 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Brookdale Senior Living currently has an average rating of “Hold” and a consensus target price of $7.50.

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.