Brookdale Senior Living Inc. (BKD) - What Are Researchers Saying About This Stock?

Key Points

• Analyst sentiment is bullish: Brookdale Senior Living has a consensus “Buy” rating from eight analysts, with five buys and two strong buys versus one sell. The average 12-month price target is $17.40, well above the stock’s reported $10.39 price.
• Institutional ownership increased: Major investors including Wellington Management, Maple Rock Capital, Renaissance Technologies and Dimensional Fund Advisors added to their positions, while WCM Investment Management initiated a substantial new stake.
• Financial results were mixed: Brookdale exceeded quarterly EPS expectations, reporting $0.10 versus an expected loss of $0.06, but revenue missed estimates and the company continued to post negative net margins and return on equity.

Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) has received a consensus rating of "Buy" from the eight analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $17.40.

Several analysts have issued reports on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Brookdale Senior Living in a research report on Monday, August 24th. Zacks Research upgraded Brookdale Senior Living from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 6th. Finally, Barclays cut their price target on shares of Brookdale Senior Living from $18.00 to $17.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 11th.

Institutional Trading of Brookdale Senior Living

Several institutional investors have recently added to or reduced their stakes in the company. WCM Investment Management LLC acquired a new position in shares of Brookdale Senior Living during the first quarter worth approximately $171,681,000. Wellington Management Group LLP raised its position in shares of Brookdale Senior Living by 9.1% during the 2nd quarter. Wellington Management Group LLP now owns 9,633,343 shares of the company's stock valued at $155,000,000 after purchasing an additional 802,736 shares during the period. Maple Rock Capital Partners Inc. lifted its position in Brookdale Senior Living by 9.0% during the second quarter. Maple Rock Capital Partners Inc. now owns 8,888,148 shares of the company's stock valued at $143,010,000 after purchasing an additional 731,000 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Brookdale Senior Living by 20.4% during the first quarter. Renaissance Technologies LLC now owns 7,663,564 shares of the company's stock valued at $104,838,000 after purchasing an additional 1,300,100 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Brookdale Senior Living by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,194,941 shares of the company's stock worth $71,061,000 after purchasing an additional 173,454 shares during the last quarter.

Brookdale Senior Living Price Performance

Shares of NYSE BKD opened at $10.39 on Monday. The business has a 50-day moving average of $11.07 and a 200-day moving average of $13.29. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of -17.91, a PEG ratio of 5.01 and a beta of 0.55. Brookdale Senior Living has a 1-year low of $8.02 and a 1-year high of $17.09.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.16. Brookdale Senior Living had a negative net margin of 4.53% and a negative return on equity of 15,050.32%. The firm had revenue of $718.58 million for the quarter, compared to the consensus estimate of $735.63 million. Research analysts expect that Brookdale Senior Living will post 0.06 EPS for the current fiscal year.

Brookdale Senior Living Company Profile

Brookdale Senior Living, Inc NYSE: BKD is a U.S.-based operator of senior living communities. The company provides housing, care and support services for older adults through a range of offerings, including independent living, assisted living, memory care and continuing care retirement communities.

Brookdale's services are designed to support residents with different levels of independence and care needs. Its communities generally provide accommodations, dining, wellness programs, social and recreational activities, transportation and assistance with daily living.

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