Equities analysts expect that Brookdale Senior Living Inc. (NYSE:BKD) will report earnings per share of ($0.19) for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Brookdale Senior Living’s earnings, with the lowest EPS estimate coming in at ($0.26) and the highest estimate coming in at ($0.12). Brookdale Senior Living posted earnings of $0.44 per share during the same quarter last year, which would indicate a negative year over year growth rate of 143.2%. The business is expected to announce its next quarterly earnings results on Monday, February 12th.
According to Zacks, analysts expect that Brookdale Senior Living will report full year earnings of ($2.08) per share for the current fiscal year, with EPS estimates ranging from ($3.41) to ($1.35). For the next year, analysts forecast that the business will post earnings of ($0.75) per share, with EPS estimates ranging from ($0.96) to ($0.52). Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Brookdale Senior Living.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Monday, November 6th. The company reported C($2.22) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.25) by C($1.97). The firm had revenue of C$1.17 billion during the quarter, compared to analyst estimates of C$1.16 billion. Brookdale Senior Living had a negative net margin of 17.85% and a negative return on equity of 0.79%. The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.28) EPS.
A number of analysts have weighed in on the stock. BidaskClub cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Zacks Investment Research cut shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a report on Thursday, August 10th. Stifel Nicolaus decreased their target price on shares of Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, November 7th. ValuEngine lowered shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $19.00 price objective on shares of Brookdale Senior Living in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating and four have given a buy rating to the company. Brookdale Senior Living has a consensus rating of “Hold” and an average target price of C$15.30.
Brookdale Senior Living (NYSE BKD) opened at C$10.23 on Monday. Brookdale Senior Living has a 52-week low of C$8.78 and a 52-week high of C$16.31. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 3.23.
Hedge funds and other institutional investors have recently modified their holdings of the business. Royce & Associates LP lifted its holdings in shares of Brookdale Senior Living by 6.2% during the second quarter. Royce & Associates LP now owns 1,096,000 shares of the company’s stock valued at $16,122,000 after acquiring an additional 63,500 shares during the period. IMS Capital Management raised its holdings in shares of Brookdale Senior Living by 2.6% in the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock valued at $1,036,000 after buying an additional 1,803 shares during the last quarter. Prudential Financial Inc. raised its holdings in Brookdale Senior Living by 57.8% during the 2nd quarter. Prudential Financial Inc. now owns 1,112,727 shares of the company’s stock worth $16,368,000 after purchasing an additional 407,604 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Brookdale Senior Living during the 2nd quarter worth about $432,000. Finally, Kennedy Capital Management Inc. grew its position in shares of Brookdale Senior Living by 90.2% during the 2nd quarter. Kennedy Capital Management Inc. now owns 539,989 shares of the company’s stock worth $7,943,000 after buying an additional 256,066 shares during the period. 99.96% of the stock is owned by institutional investors.
About Brookdale Senior Living
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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