Brookdale Senior Living Inc. (NYSE:BKD) Given Average Rating of "Hold" by Brokerages

Key Points

• Brookdale Senior Living Inc. has received a consensus rating of "Hold" from five analysts, with one sell, one hold, and three buy recommendations.
• The company's average twelve-month target price is set at $7.80, while recent price objectives from brokerages range from $8.00 to $9.00.
• Brookdale's latest earnings report showed a loss of ($0.18) EPS, which missed analyst expectations, alongside a revenue of $812.94 million.

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have been given a consensus rating of "Hold" by the five ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $7.80.

BKD has been the subject of several research reports. Wall Street Zen upgraded Brookdale Senior Living from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Barclays set a $8.00 price target on Brookdale Senior Living and gave the company an "equal weight" rating in a report on Thursday, August 7th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a report on Wednesday, July 9th.

Institutional Investors Weigh In On Brookdale Senior Living

Several institutional investors have recently made changes to their positions in the company. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Brookdale Senior Living by 3.4% during the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 14,151,773 shares of the company's stock valued at $98,504,000 after buying an additional 467,273 shares during the last quarter. Flat Footed LLC lifted its holdings in Brookdale Senior Living by 84.9% in the 4th quarter. Flat Footed LLC now owns 11,401,757 shares of the company's stock worth $57,351,000 after purchasing an additional 5,235,078 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Brookdale Senior Living by 26.7% in the 4th quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock worth $49,878,000 after purchasing an additional 2,089,242 shares during the last quarter. Rush Island Management LP lifted its holdings in Brookdale Senior Living by 62.3% in the 4th quarter. Rush Island Management LP now owns 8,303,926 shares of the company's stock worth $41,769,000 after purchasing an additional 3,187,294 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Brookdale Senior Living by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,140,601 shares of the company's stock worth $35,916,000 after purchasing an additional 164,239 shares during the last quarter.

Brookdale Senior Living Stock Down 0.6%

NYSE:BKD traded down $0.05 on Friday, hitting $7.67. 878,500 shares of the company's stock traded hands, compared to its average volume of 2,891,813. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 39.87. Brookdale Senior Living has a 1 year low of $4.45 and a 1 year high of $8.01. The firm has a 50-day moving average price of $7.44 and a 200-day moving average price of $6.66. The company has a market cap of $1.80 billion, a PE ratio of -7.29 and a beta of 0.91.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.04). Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. The business had revenue of $812.94 million for the quarter, compared to analysts' expectations of $817.63 million. Equities analysts anticipate that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

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.