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

Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) has been assigned a consensus recommendation of "Hold" from the five research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $7.70.

A number of research firms recently weighed in on BKD. Royal Bank of Canada increased their price objective on Brookdale Senior Living from $8.00 to $9.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Barclays increased their price target on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research note on Wednesday, April 16th. Finally, Macquarie reaffirmed an "outperform" rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, March 12th.

Brookdale Senior Living Trading Up 0.1%

Shares of Brookdale Senior Living stock traded up $0.01 on Wednesday, hitting $6.43. The stock had a trading volume of 2,219,632 shares, compared to its average volume of 2,418,982. The stock has a 50 day moving average of $6.26 and a 200 day moving average of $5.62. The firm has a market capitalization of $1.51 billion, a P/E ratio of -7.22 and a beta of 0.83. Brookdale Senior Living has a twelve month low of $4.45 and a twelve month high of $8.12. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. Sell-side analysts expect that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal year.

Institutional Trading of Brookdale Senior Living

A number of large investors have recently bought and sold shares of BKD. R Squared Ltd acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at about $33,000. GAMMA Investing LLC increased its holdings in Brookdale Senior Living by 1,999.4% in the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock worth $45,000 after purchasing an additional 6,838 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in Brookdale Senior Living in the first quarter valued at approximately $47,000. Lazard Asset Management LLC boosted its holdings in shares of Brookdale Senior Living by 6,029.2% during the 4th 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 in the last quarter. Finally, Crestline Management LP acquired a new stake in shares of Brookdale Senior Living during the 4th quarter worth approximately $64,000.

About Brookdale Senior Living

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.