Brookdale Senior Living Inc. (NYSE:BKD) - Jefferies Financial Group lifted their Q4 2020 earnings per share estimates for shares of Brookdale Senior Living in a research report issued to clients and investors on Tuesday, January 26th. Jefferies Financial Group analyst B. Tanquilut now forecasts that the company will post earnings of ($0.20) per share for the quarter, up from their prior estimate of ($0.21). Jefferies Financial Group currently has a "Hold" rating and a $4.50 target price on the stock. Jefferies Financial Group also issued estimates for Brookdale Senior Living's FY2021 earnings at ($1.94) EPS and FY2022 earnings at ($1.16) EPS.
Separately, Zacks Investment Research raised Brookdale Senior Living from a "strong sell" rating to a "hold" rating in a research note on Friday, October 9th.
Shares of BKD stock opened at $5.29 on Thursday. The stock's fifty day simple moving average is $4.42 and its 200-day simple moving average is $3.41. The company has a market capitalization of $970.11 million, a price-to-earnings ratio of 29.39 and a beta of 1.86. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.22. Brookdale Senior Living has a 1-year low of $1.47 and a 1-year high of $8.57. Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, November 9th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.40) by $0.37. Brookdale Senior Living had a negative return on equity of 34.34% and a net margin of 0.95%. The business had revenue of $807.98 million during the quarter, compared to analyst estimates of $838.08 million.
Several large investors have recently modified their holdings of the business. Aperio Group LLC increased its stake in shares of Brookdale Senior Living by 109.8% in the third quarter. Aperio Group LLC now owns 90,821 shares of the company's stock worth $231,000 after acquiring an additional 47,532 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Brookdale Senior Living by 7.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,778,627 shares of the company's stock worth $4,518,000 after purchasing an additional 124,244 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Brookdale Senior Living by 25.6% during the 2nd quarter. Bank of America Corp DE now owns 87,041 shares of the company's stock valued at $256,000 after buying an additional 17,738 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Brookdale Senior Living by 29.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,404,400 shares of the company's stock valued at $8,647,000 after buying an additional 764,600 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in Brookdale Senior Living by 113.7% in the second quarter. Nuveen Asset Management LLC now owns 2,751,181 shares of the company's stock worth $8,116,000 after buying an additional 1,463,953 shares during the last quarter. 89.70% of the stock is owned by institutional investors.
Brookdale Senior Living Company Profile
Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Independent Living, Assisted Living and Memory Care, CCRCs, Health Care Services, and Management Services. 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 senior citizens.
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