Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Brookdale Senior Living Inc. (NYSE:BKD) has earned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $12.00.

A number of research analysts recently commented on BKD shares. Bank of America upgraded Brookdale Senior Living from an “underperform” rating to a “buy” rating and raised their price target for the stock from $6.75 to $13.00 in a research report on Tuesday. Citigroup raised shares of Brookdale Senior Living to a “buy” rating in a report on Tuesday. Royal Bank Of Canada boosted their target price on shares of Brookdale Senior Living from $9.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, November 17th. Wall Street Zen raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Finally, Barclays raised shares of Brookdale Senior Living from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $8.00 to $14.00 in a research note on Monday, November 10th.

Institutional Trading of Brookdale Senior Living

Institutional investors and hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. increased its stake in shares of Brookdale Senior Living by 7.1% in the 2nd quarter. Osaic Holdings Inc. now owns 20,177 shares of the company’s stock valued at $140,000 after acquiring an additional 1,331 shares in the last quarter. Militia Capital Partners LP raised its holdings in shares of Brookdale Senior Living by 5.8% during the first quarter. Militia Capital Partners LP now owns 25,600 shares of the company’s stock valued at $160,000 after purchasing an additional 1,400 shares during the period. Optimize Financial Inc raised its holdings in shares of Brookdale Senior Living by 8.5% during the first quarter. Optimize Financial Inc now owns 24,294 shares of the company’s stock valued at $152,000 after purchasing an additional 1,902 shares during the period. KLP Kapitalforvaltning AS boosted its position in shares of Brookdale Senior Living by 7.0% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 35,100 shares of the company’s stock worth $244,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Brookdale Senior Living by 0.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 906,218 shares of the company’s stock valued at $7,757,000 after buying an additional 2,810 shares during the period.

Brookdale Senior Living Stock Down 0.0%

NYSE BKD opened at $10.84 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 39.87. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -8.27 and a beta of 0.67. The company has a 50 day moving average of $10.41 and a 200-day moving average of $8.69. Brookdale Senior Living has a 1-year low of $4.45 and a 1-year high of $11.38.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). The company had revenue of $813.17 million for the quarter, compared to the consensus estimate of $825.59 million. Brookdale Senior Living had a negative return on equity of 173.75% and a negative net margin of 9.52%. On average, equities research analysts expect that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal year.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.