Wall Street brokerages expect Brookdale Senior Living, Inc. (NYSE:BKD) to announce $1.09 billion in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Brookdale Senior Living’s earnings, with estimates ranging from $1.08 billion to $1.11 billion. Brookdale Senior Living reported sales of $1.18 billion during the same quarter last year, which would suggest a negative year-over-year growth rate of 7.6%. The business is scheduled to report its next earnings results on Monday, November 5th.

On average, analysts expect that Brookdale Senior Living will report full-year sales of $4.48 billion for the current financial year, with estimates ranging from $4.47 billion to $4.50 billion. For the next fiscal year, analysts expect that the firm will report sales of $4.25 billion, with estimates ranging from $4.24 billion to $4.25 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Brookdale Senior Living.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Monday, August 6th. The company reported ($0.88) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.66). Brookdale Senior Living had a negative net margin of 21.80% and a negative return on equity of 13.56%. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the prior year, the firm earned ($0.25) earnings per share. The company’s revenue was down 2.7% on a year-over-year basis.

Several research firms have recently commented on BKD. ValuEngine upgraded shares of Brookdale Senior Living from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 28th. Stifel Nicolaus lowered their price target on shares of Brookdale Senior Living from $9.00 to $8.00 and set a “hold” rating on the stock in a report on Tuesday, August 7th. Finally, Zacks Investment Research cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Brookdale Senior Living has a consensus rating of “Hold” and a consensus target price of $8.92.

In related news, Director Marcus E. Bromley purchased 6,400 shares of the stock in a transaction dated Tuesday, August 14th. The shares were acquired at an average cost of $7.85 per share, for a total transaction of $50,240.00. Following the acquisition, the director now directly owns 54,619 shares in the company, valued at approximately $428,759.15. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.20% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Brookdale Senior Living in the 1st quarter valued at $527,000. Swiss National Bank lifted its stake in shares of Brookdale Senior Living by 3.3% in the 1st quarter. Swiss National Bank now owns 324,239 shares of the company’s stock valued at $2,176,000 after purchasing an additional 10,300 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Brookdale Senior Living by 13.6% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 1,300,649 shares of the company’s stock valued at $8,728,000 after purchasing an additional 155,632 shares during the last quarter. Systematic Financial Management LP lifted its stake in shares of Brookdale Senior Living by 44.1% in the 1st quarter. Systematic Financial Management LP now owns 208,815 shares of the company’s stock valued at $1,401,000 after purchasing an additional 63,940 shares during the last quarter. Finally, Pinnacle Associates Ltd. acquired a new stake in shares of Brookdale Senior Living in the 1st quarter valued at $2,847,000.

Shares of Brookdale Senior Living stock traded up $0.08 on Monday, hitting $9.50. 1,127,300 shares of the company traded hands, compared to its average volume of 2,917,823. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.93. Brookdale Senior Living has a 12-month low of $6.28 and a 12-month high of $11.09. The stock has a market cap of $1.79 billion, a P/E ratio of -12.27 and a beta of 1.69.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.

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