Brookdale Senior Living (NYSE:BKD) Releases Earnings Results, Misses Expectations By $0.21 EPS

Brookdale Senior Living (NYSE:BKD) announced its quarterly earnings results on Tuesday. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21), Zacks reports. Brookdale Senior Living had a negative net margin of 6.75% and a negative return on equity of 59.06%.

Brookdale Senior Living Stock Down 0.3 %

Brookdale Senior Living stock traded down $0.02 during mid-day trading on Tuesday, reaching $5.30. 2,082,513 shares of the company were exchanged, compared to its average volume of 2,236,943. The business has a fifty day moving average of $4.98 and a 200 day moving average of $5.87. The company has a debt-to-equity ratio of 14.46, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $1.05 billion, a P/E ratio of -5.76 and a beta of 1.29. Brookdale Senior Living has a 12-month low of $4.45 and a 12-month high of $8.12.

Insiders Place Their Bets

In other news, Director Lee S. Wielansky sold 10,000 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $5.62, for a total transaction of $56,200.00. Following the transaction, the director now directly owns 211,382 shares of the company’s stock, valued at approximately $1,187,966.84. This represents a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.80% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on BKD shares. Macquarie reiterated an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Friday, December 20th. Royal Bank of Canada reiterated an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.50.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.