Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Brookdale Senior Living Inc. has received a consensus recommendation of "Hold" from five brokerages, with one sell rating, one hold, and three buy ratings.
• Barclays and the Royal Bank Of Canada have set price targets of $8.00 and $9.00, respectively, indicating expectations for the stock to perform steadily.
• In its latest earnings report, Brookdale posted an EPS of ($0.18), missing expectations and highlighting a negative net margin of 7.60%.

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

Several equities research analysts have commented on BKD shares. Barclays set a $8.00 price objective on shares of Brookdale Senior Living and gave the company an "equal weight" rating in a research note on Thursday, August 7th. Royal Bank Of Canada restated an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a research note on Wednesday, July 9th. Finally, Wall Street Zen upgraded shares of Brookdale Senior Living from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th.

Brookdale Senior Living Trading Up 1.9%

NYSE:BKD opened at $8.51 on Thursday. The company has a debt-to-equity ratio of 39.87, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of -8.10 and a beta of 0.91. Brookdale Senior Living has a 52 week low of $4.45 and a 52 week high of $8.55. The firm has a 50-day moving average price of $7.63 and a two-hundred day moving average price of $6.88.

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

Institutional Investors Weigh In On Brookdale Senior Living

Several large investors have recently modified their holdings of the stock. Osaic Holdings Inc. increased its stake in shares of Brookdale Senior Living by 7.1% during the 2nd quarter. Osaic Holdings Inc. now owns 20,177 shares of the company's stock worth $140,000 after purchasing an additional 1,331 shares during the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Brookdale Senior Living during the 2nd quarter worth approximately $5,220,000. Tower Research Capital LLC TRC boosted its holdings in Brookdale Senior Living by 328.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 24,757 shares of the company's stock worth $172,000 after buying an additional 18,979 shares during the period. Voleon Capital Management LP bought a new position in Brookdale Senior Living in the 2nd quarter worth approximately $363,000. Finally, Oxford Asset Management LLP boosted its holdings in Brookdale Senior Living by 30.8% in the 2nd quarter. Oxford Asset Management LLP now owns 64,215 shares of the company's stock worth $447,000 after buying an additional 15,128 shares during the period.

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.

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