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

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have been given a consensus rating of “Moderate Buy” by the seven analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $14.00.

BKD has been the topic of several analyst reports. Wall Street Zen upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Barclays lifted their target price on shares of Brookdale Senior Living to $18.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Wednesday, January 21st. Zacks Research raised Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Citigroup raised Brookdale Senior Living to a “buy” rating in a research report on Tuesday, January 6th.

Brookdale Senior Living Price Performance

BKD stock opened at $15.37 on Wednesday. The business has a 50-day simple moving average of $13.08 and a two-hundred day simple moving average of $10.36. Brookdale Senior Living has a 52-week low of $4.97 and a 52-week high of $17.09. The company has a market capitalization of $3.65 billion, a P/E ratio of -13.84 and a beta of 0.70. The company has a debt-to-equity ratio of 39.87, a quick ratio of 0.98 and a current ratio of 0.98.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.01). Brookdale Senior Living had a negative net margin of 8.22% and a negative return on equity of 305.28%. The company had revenue of $754.09 million for the quarter, compared to the consensus estimate of $753.60 million. Research analysts expect that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

Institutional Investors Weigh In On Brookdale Senior Living

A number of hedge funds have recently made changes to their positions in the business. ANTIPODES PARTNERS Ltd increased its holdings in Brookdale Senior Living by 3.4% during the second quarter. ANTIPODES PARTNERS Ltd now owns 14,151,773 shares of the company’s stock worth $98,504,000 after buying an additional 467,273 shares during the last quarter. Wellington Management Group LLP boosted its stake in Brookdale Senior Living by 24.5% in the third quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock valued at $98,331,000 after acquiring an additional 2,282,151 shares during the last quarter. Maple Rock Capital Partners Inc. grew its position in shares of Brookdale Senior Living by 34.9% during the 4th quarter. Maple Rock Capital Partners Inc. now owns 8,497,048 shares of the company’s stock valued at $91,683,000 after acquiring an additional 2,199,000 shares during the period. Bank of America Corp DE grew its position in shares of Brookdale Senior Living by 3.8% during the 2nd quarter. Bank of America Corp DE now owns 6,507,559 shares of the company’s stock valued at $45,293,000 after acquiring an additional 238,042 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Brookdale Senior Living by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,469,453 shares of the company’s stock worth $59,025,000 after purchasing an additional 42,375 shares during the last quarter.

Brookdale Senior Living Company Profile

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.