Brookdale Senior Living, Inc. (NYSE:BKD) Director Lee S. Wielansky bought 10,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $6.90 per share, for a total transaction of $69,000.00. Following the completion of the purchase, the director now directly owns 44,619 shares in the company, valued at $307,871.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Brookdale Senior Living, Inc. (NYSE:BKD) traded down $0.07 during midday trading on Thursday, hitting $6.46. 1,977,098 shares of the stock were exchanged, compared to its average volume of 3,594,114. 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, Inc. has a 1 year low of $6.46 and a 1 year high of $15.66. The company has a market capitalization of $1,220.00, a P/E ratio of -1.77 and a beta of 1.64.
Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Thursday, February 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.01). Brookdale Senior Living had a negative net margin of 12.04% and a negative return on equity of 8.40%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business posted ($1.45) earnings per share. Brookdale Senior Living’s revenue for the quarter was down 3.5% on a year-over-year basis. equities research analysts expect that Brookdale Senior Living, Inc. will post -0.98 earnings per share for the current year.
A number of equities analysts have commented on the stock. Royal Bank of Canada downgraded shares of Brookdale Senior Living from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $13.00 to $8.00 in a research note on Tuesday. Jefferies Group set a $9.00 target price on shares of Brookdale Senior Living and gave the stock a “buy” rating in a research note on Friday, February 23rd. Stifel Nicolaus downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating and dropped their target price for the stock from $14.00 to $9.00 in a research note on Thursday, February 22nd. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Stephens set a $16.00 target price on shares of Brookdale Senior Living and gave the stock a “buy” rating in a research note on Monday, November 20th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $11.60.
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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