Brookdale Senior Living Inc. (NYSE:BKD) Receives $7.70 Consensus Price Target from Analysts

Key Points

• Brokerages have assigned Brookdale Senior Living Inc. (NYSE:BKD) an average rating of "Hold," with one sell, one hold, and three buy recommendations, and a 12-month price target of $7.70.
• Recent institutional activity includes Sei Investments Co. increasing its stake in Brookdale by 56.7% and JPMorgan Chase & Co. boosting its position by 247.3% in the fourth quarter.
• Brookdale reported EPS of (0.11), aligning with analyst estimates, and has a negative return on equity of 79.84% for the current fiscal year.

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have been assigned a consensus recommendation of "Hold" from the five analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $7.80.

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada restated an "outperform" rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, July 9th. Barclays set a $8.00 target price on shares of Brookdale Senior Living and gave the stock an "equal weight" rating in a research note on Thursday. Finally, Wall Street Zen upgraded shares of Brookdale Senior Living from a "sell" rating to a "hold" rating in a report on Saturday.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in shares of Brookdale Senior Living by 1,999.4% in the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock valued at $45,000 after buying an additional 6,838 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in Brookdale Senior Living during the first quarter worth $47,000. Lazard Asset Management LLC boosted its stake in Brookdale Senior Living by 6,029.2% during the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock worth $49,000 after buying an additional 9,707 shares during the last quarter. Strs Ohio acquired a new position in Brookdale Senior Living during the first quarter worth $61,000. Finally, Crestline Management LP acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at $64,000.

Brookdale Senior Living Stock Performance

NYSE:BKD traded up $0.09 on Wednesday, reaching $7.22. 3,750,244 shares of the company's stock were exchanged, compared to its average volume of 2,558,917. The company has a debt-to-equity ratio of 28.85, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of -6.87 and a beta of 0.87. Brookdale Senior Living has a 52 week low of $4.45 and a 52 week high of $8.01. The stock has a fifty day simple moving average of $7.20 and a 200-day simple moving average of $6.33.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued 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). The business had revenue of $812.94 million for the quarter, compared to the consensus estimate of $817.63 million. Brookdale Senior Living had a negative return on equity of 93.47% and a negative net margin of 7.60%. As a group, sell-side analysts predict 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.