Wall Street brokerages forecast that Kindred Healthcare, Inc. (NYSE:KND) will post $0.20 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Kindred Healthcare’s earnings. The highest EPS estimate is $0.21 and the lowest is $0.18. Kindred Healthcare posted earnings of $0.08 per share in the same quarter last year, which would indicate a positive year over year growth rate of 150%. The company is scheduled to announce its next earnings report on Monday, February 26th.

On average, analysts expect that Kindred Healthcare will report full-year earnings of $0.31 per share for the current year. For the next year, analysts anticipate that the firm will report earnings of $0.67 per share, with EPS estimates ranging from $0.64 to $0.70. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Kindred Healthcare.

Kindred Healthcare (NYSE:KND) last posted its quarterly earnings data on Monday, November 6th. The health services provider reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.08. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.44 billion. Kindred Healthcare had a positive return on equity of 2.29% and a negative net margin of 8.06%. The business’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share.

A number of equities analysts have commented on the company. Stifel Nicolaus raised Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 price objective on the stock in a research note on Monday, November 20th. Zacks Investment Research lowered Kindred Healthcare from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine raised Kindred Healthcare from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Mizuho set a $9.00 price target on Kindred Healthcare and gave the company a “hold” rating in a research note on Monday, December 18th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $8.50 price target (up previously from $7.50) on shares of Kindred Healthcare in a research note on Thursday, November 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Kindred Healthcare has an average rating of “Hold” and an average price target of $9.31.

Kindred Healthcare (NYSE KND) opened at $9.05 on Thursday. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.55 and a quick ratio of 1.53. The company has a market capitalization of $841.49, a price-to-earnings ratio of -1.50 and a beta of 1.14. Kindred Healthcare has a one year low of $5.50 and a one year high of $11.90.

Institutional investors and hedge funds have recently modified their holdings of the company. Smith Graham & Co. Investment Advisors LP lifted its stake in shares of Kindred Healthcare by 39.6% during the third quarter. Smith Graham & Co. Investment Advisors LP now owns 1,238,980 shares of the health services provider’s stock valued at $8,425,000 after acquiring an additional 351,280 shares during the period. Teachers Advisors LLC lifted its stake in shares of Kindred Healthcare by 8.1% during the second quarter. Teachers Advisors LLC now owns 162,452 shares of the health services provider’s stock valued at $1,893,000 after acquiring an additional 12,132 shares during the period. BlackRock Inc. lifted its stake in shares of Kindred Healthcare by 0.3% during the second quarter. BlackRock Inc. now owns 10,808,864 shares of the health services provider’s stock valued at $125,923,000 after acquiring an additional 29,673 shares during the period. Vanguard Group Inc. lifted its stake in shares of Kindred Healthcare by 8.6% during the second quarter. Vanguard Group Inc. now owns 8,031,919 shares of the health services provider’s stock valued at $93,572,000 after acquiring an additional 635,000 shares during the period. Finally, Gamco Investors INC. ET AL lifted its stake in shares of Kindred Healthcare by 6.2% during the third quarter. Gamco Investors INC. ET AL now owns 458,446 shares of the health services provider’s stock valued at $3,117,000 after acquiring an additional 26,700 shares during the period. 83.75% of the stock is currently owned by institutional investors and hedge funds.

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Kindred Healthcare Company Profile

Kindred Healthcare, Inc, incorporated on March 27, 1998, is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.

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