Analysts expect Brookdale Senior Living Inc. (NYSE:BKD) to announce earnings per share (EPS) of ($0.19) for the current quarter, Zacks reports. Two analysts have issued estimates for Brookdale Senior Living’s earnings, with the lowest EPS estimate coming in at ($0.26) and the highest estimate coming in at ($0.12). Brookdale Senior Living reported earnings of $0.44 per share during the same quarter last year, which suggests a negative year over year growth rate of 143.2%. The firm is scheduled to announce its next quarterly earnings report on Monday, February 12th.
On average, analysts expect that Brookdale Senior Living will report full-year earnings of ($2.08) per share for the current financial year, with EPS estimates ranging from ($3.41) to ($1.35). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.75) per share, with EPS estimates ranging from ($0.96) to ($0.52). Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Brookdale Senior Living.
Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, November 6th. The company reported ($2.22) EPS for the quarter, missing the consensus estimate of ($0.25) by ($1.97). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. Brookdale Senior Living had a negative return on equity of 0.79% and a negative net margin of 17.85%. The firm’s revenue was down 5.9% on a year-over-year basis. During the same period last year, the business earned ($0.28) earnings per share.
A number of brokerages have issued reports on BKD. BidaskClub downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Zacks Investment Research downgraded Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 10th. ValuEngine downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Sunday, September 3rd. Stifel Nicolaus lowered their price target on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $15.50 price target (down previously from $16.50) on shares of Brookdale Senior Living in a research report on Monday, October 2nd. Three analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $15.30.
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Brookdale Senior Living (BKD) opened at $10.30 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 3.23. Brookdale Senior Living has a 1 year low of $8.78 and a 1 year high of $16.31.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd purchased a new position in shares of Brookdale Senior Living in the second quarter valued at approximately $101,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after acquiring an additional 761 shares in the last quarter. Opera Trading Capital purchased a new position in shares of Brookdale Senior Living in the second quarter valued at approximately $110,000. EP Wealth Advisors LLC purchased a new position in shares of Brookdale Senior Living in the second quarter valued at approximately $148,000. Finally, Merriman Wealth Management LLC purchased a new position in shares of Brookdale Senior Living in the third quarter valued at approximately $108,000. Institutional investors and hedge funds own 99.96% of the company’s stock.
About Brookdale Senior Living
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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