Brookdale Senior Living, Inc. (NYSE:BKD) – Stock analysts at Jefferies Group issued their FY2019 EPS estimates for Brookdale Senior Living in a research note issued to investors on Thursday. Jefferies Group analyst B. Tanquilut forecasts that the company will post earnings of ($0.74) per share for the year. Jefferies Group has a “Buy” rating and a $9.00 price objective on the stock.
Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Thursday, February 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($0.01). Brookdale Senior Living had a negative return on equity of 8.40% and a negative net margin of 12.04%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the business earned ($1.45) earnings per share. Brookdale Senior Living’s revenue for the quarter was down 3.5% on a year-over-year basis.
Shares of Brookdale Senior Living (NYSE:BKD) opened at $6.82 on Monday. Brookdale Senior Living has a 12 month low of $6.70 and a 12 month high of $15.66. The stock has a market cap of $1,272.43, a PE ratio of -2.22 and a beta of 1.64. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.97.
Hedge funds have recently made changes to their positions in the company. Lee Danner & Bass Inc. lifted its holdings in shares of Brookdale Senior Living by 18.7% during the 4th quarter. Lee Danner & Bass Inc. now owns 1,128,174 shares of the company’s stock worth $10,943,000 after acquiring an additional 177,797 shares during the period. Nationwide Fund Advisors lifted its holdings in shares of Brookdale Senior Living by 268.9% during the 3rd quarter. Nationwide Fund Advisors now owns 299,739 shares of the company’s stock worth $3,177,000 after acquiring an additional 218,490 shares during the period. Pax World Management LLC lifted its holdings in shares of Brookdale Senior Living by 17.6% during the 3rd quarter. Pax World Management LLC now owns 1,151,286 shares of the company’s stock worth $12,204,000 after acquiring an additional 172,494 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Brookdale Senior Living by 21.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 11,968,001 shares of the company’s stock worth $126,862,000 after acquiring an additional 2,080,341 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Brookdale Senior Living during the 3rd quarter worth about $353,000. Institutional investors and hedge funds own 95.65% of the company’s stock.
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Brookdale Senior Living Company Profile
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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