Brookdale Senior Living (BKD) Earning Somewhat Favorable Media Coverage, Analysis Finds

News coverage about Brookdale Senior Living (NYSE:BKD) has been trending somewhat positive on Saturday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Brookdale Senior Living earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.1931315518521 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

BKD has been the subject of several research reports. Zacks Investment Research cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Jefferies Group set a $9.00 price objective on Brookdale Senior Living and gave the stock a “buy” rating in a research note on Friday, February 23rd. Stifel Nicolaus lowered Brookdale Senior Living from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $14.00 to $9.00 in a research note on Thursday, February 22nd. Stephens reissued a “buy” rating and set a $12.00 price objective on shares of Brookdale Senior Living in a research note on Tuesday, March 6th. Finally, Royal Bank of Canada lowered Brookdale Senior Living from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $13.00 to $8.00 in a research note on Tuesday, February 27th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.08.

NYSE BKD opened at $7.64 on Friday. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of -9.79 and a beta of 1.79. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 4.20. Brookdale Senior Living has a fifty-two week low of $6.28 and a fifty-two week high of $15.66.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Monday, May 7th. The company reported ($0.35) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.13). Brookdale Senior Living had a negative net margin of 19.13% and a negative return on equity of 10.81%. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the company earned ($0.68) EPS. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. equities analysts anticipate that Brookdale Senior Living will post -0.95 EPS for the current year.

In other Brookdale Senior Living news, Director Lee S. Wielansky purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were acquired at an average price of $6.90 per share, with a total value of $69,000.00. Following the purchase, the director now directly owns 44,619 shares in the company, valued at approximately $307,871.10. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Lucinda M. Baier purchased 15,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average cost of $6.94 per share, for a total transaction of $104,100.00. Following the purchase, the insider now owns 382,934 shares in the company, valued at $2,657,561.96. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 36,950 shares of company stock worth $256,401. Corporate insiders own 1.50% of the company’s stock.

About Brookdale Senior Living

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Insider Buying and Selling by Quarter for Brookdale Senior Living (NYSE:BKD)

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