Brookdale Senior Living (NYSE:BKD) Shares Gap Down on Disappointing Earnings

Key Points

• Brookdale missed quarterly earnings and revenue expectations: It reported a loss of $0.06 per share versus analysts’ expected loss of $0.03, while revenue of $712.1 million fell short of the $721.3 million consensus.
• Shares fell sharply after the results, opening at $9.73 compared with the prior close of $10.81 and later trading at $9.36.
• Analyst views were mixed, but MarketBeat reported a consensus “Buy” rating and an average price target of $17.40.

Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report)'s share price gapped down prior to trading on Friday following a weaker than expected earnings announcement. The stock had previously closed at $10.81, but opened at $9.73. Brookdale Senior Living shares last traded at $9.3610, with a volume of 1,363,198 shares traded.

The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The company had revenue of $712.07 million for the quarter, compared to the consensus estimate of $721.26 million. Brookdale Senior Living had a negative net margin of 4.53% and a negative return on equity of 15,050.32%.

Trending Headlines about Brookdale Senior Living

Here are the key news stories impacting Brookdale Senior Living this week:

• Negative Sentiment: Brookdale reported a loss of $0.06 per share, wider than the $0.03 loss analysts expected. Revenue was $712.1 million, below the approximately $721.3 million consensus. The earnings and sales shortfalls are the clearest near-term negative catalysts for the stock. Brookdale misses Q3 2026 sales expectations
• Neutral Sentiment: The company released results for the quarter ended September 30 and held its earnings call; the provided coverage does not include additional specific guidance or operating details that would offset the reported misses. Brookdale announces third-quarter 2026 results

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Barclays cut their target price on 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. Weiss Ratings restated a "sell (d-)" rating on shares of Brookdale Senior Living in a research report on Monday, August 24th. Finally, Zacks Research raised shares of Brookdale Senior Living from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $17.40.

Hedge Funds Weigh In On Brookdale Senior Living

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new position in Brookdale Senior Living in the 2nd quarter valued at about $43,000. Public Employees Retirement System of Ohio acquired a new position in Brookdale Senior Living during the 2nd quarter valued at about $53,000. Nykredit A S acquired a new position in Brookdale Senior Living during the 2nd quarter valued at about $57,000. Persistent Asset Partners Ltd bought a new stake in shares of Brookdale Senior Living during the 2nd quarter worth about $66,000. Finally, Strs Ohio bought a new stake in shares of Brookdale Senior Living during the 1st quarter worth about $70,000.

Brookdale Senior Living Trading Down 13.4%

The business's 50-day simple moving average is $10.96 and its 200 day simple moving average is $13.28. The company has a market capitalization of $2.24 billion, a P/E ratio of -16.14, a P/E/G ratio of 5.39 and a beta of 0.55.

About Brookdale Senior Living

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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