-$0.22 EPS Expected for Brookdale Senior Living (BKD) This Quarter

Equities analysts expect Brookdale Senior Living (NYSE:BKD) to report earnings of ($0.22) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Brookdale Senior Living’s earnings. The highest EPS estimate is ($0.20) and the lowest is ($0.24). Brookdale Senior Living reported earnings of ($0.05) per share during the same quarter last year, which indicates a negative year over year growth rate of 340%. The firm is scheduled to report its next quarterly earnings results on Monday, May 14th.

According to Zacks, analysts expect that Brookdale Senior Living will report full-year earnings of ($0.91) per share for the current fiscal year, with EPS estimates ranging from ($1.14) to ($0.62). For the next year, analysts expect that the firm will post earnings of ($0.72) per share, with EPS estimates ranging from ($0.84) to ($0.48). Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Brookdale Senior Living.

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Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Thursday, February 22nd. The company reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($0.01). The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Brookdale Senior Living had a negative net margin of 12.04% and a negative return on equity of 8.40%. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.45) earnings per share.



BKD has been the topic of several recent analyst reports. Stephens reiterated a “buy” rating and set a $12.00 target price on shares of Brookdale Senior Living in a research report on Tuesday, March 6th. JMP Securities dropped their target price on Brookdale Senior Living from $16.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, April 13th. Jefferies Group set a $9.00 target price on Brookdale Senior Living and gave the stock a “buy” rating in a research report on Friday, February 23rd. Zacks Investment Research upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, Stifel Nicolaus cut Brookdale Senior Living from a “buy” rating to a “hold” rating and lowered their price target for the stock from $14.00 to $9.00 in a report on Thursday, February 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $10.50.

NYSE BKD opened at $6.75 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.97. Brookdale Senior Living has a 12-month low of $6.28 and a 12-month high of $15.66.

In other news, insider Lucinda M. Baier purchased 15,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were acquired at an average price of $6.94 per share, for a total transaction of $104,100.00. Following the acquisition, the insider now directly owns 382,934 shares in the company, valued at approximately $2,657,561.96. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Marcus E. Bromley purchased 6,950 shares of the stock in a transaction that occurred on Tuesday, March 6th. The stock was purchased at an average price of $7.18 per share, for a total transaction of $49,901.00. Following the acquisition, the director now owns 28,359 shares in the company, valued at $203,617.62. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 36,950 shares of company stock worth $256,401. Insiders own 1.50% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Teachers Advisors LLC grew its holdings in shares of Brookdale Senior Living by 2.8% in the 4th quarter. Teachers Advisors LLC now owns 256,914 shares of the company’s stock worth $2,492,000 after acquiring an additional 6,925 shares during the period. Swiss National Bank grew its holdings in shares of Brookdale Senior Living by 2.5% in the 4th quarter. Swiss National Bank now owns 313,939 shares of the company’s stock worth $3,045,000 after acquiring an additional 7,700 shares during the period. Loews Corp grew its holdings in shares of Brookdale Senior Living by 21.9% in the 4th quarter. Loews Corp now owns 48,765 shares of the company’s stock worth $473,000 after acquiring an additional 8,772 shares during the period. Legal & General Group Plc grew its holdings in Brookdale Senior Living by 5.1% during the 3rd quarter. Legal & General Group Plc now owns 228,237 shares of the company’s stock valued at $2,421,000 after buying an additional 10,997 shares during the last quarter. Finally, Synovus Financial Corp grew its holdings in Brookdale Senior Living by 54.9% during the 4th quarter. Synovus Financial Corp now owns 33,288 shares of the company’s stock valued at $322,000 after buying an additional 11,800 shares during the last quarter. Institutional investors and hedge funds own 99.82% of the company’s stock.

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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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