Brookdale Senior Living, Inc. (NYSE:BKD) – Stock analysts at Jefferies Financial Group decreased their Q4 2018 earnings per share estimates for Brookdale Senior Living in a research note issued on Thursday, June 28th. Jefferies Financial Group analyst B. Tanquilut now expects that the company will post earnings of ($0.17) per share for the quarter, down from their prior estimate of ($0.14). Jefferies Financial Group also issued estimates for Brookdale Senior Living’s FY2019 earnings at ($0.62) EPS.
BKD has been the subject of several other reports. Zacks Investment Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 25th. Stephens reiterated a “buy” rating and set a $12.00 target price on shares of Brookdale Senior Living in a research report on Tuesday, March 6th. Finally, JMP Securities decreased their target price on Brookdale Senior Living from $16.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, April 13th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Brookdale Senior Living presently has an average rating of “Hold” and a consensus price target of $9.08.
NYSE:BKD opened at $9.09 on Monday. Brookdale Senior Living has a twelve month low of $6.28 and a twelve month high of $14.92. The firm has a market cap of $1.71 billion, a PE ratio of -11.65 and a beta of 1.78. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 4.20.
Brookdale Senior Living (NYSE:BKD) last released its earnings results on Monday, May 7th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.13). Brookdale Senior Living had a negative return on equity of 10.81% and a negative net margin of 19.13%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the business posted ($0.68) earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year.
Hedge funds have recently added to or reduced their stakes in the stock. PEAK6 Investments L.P. bought a new stake in shares of Brookdale Senior Living in the fourth quarter valued at about $134,000. Two Sigma Securities LLC bought a new stake in shares of Brookdale Senior Living in the fourth quarter valued at about $155,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Brookdale Senior Living in the first quarter valued at about $118,000. Element Capital Management LLC bought a new stake in shares of Brookdale Senior Living in the first quarter valued at about $120,000. Finally, Xact Kapitalforvaltning AB bought a new stake in shares of Brookdale Senior Living in the fourth quarter valued at about $181,000. Hedge funds and other institutional investors own 98.65% of the company’s stock.
Brookdale Senior Living Company Profile
Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.
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