In yesterday’s Wall Street session, Brookdale Senior Living Inc. (NYSE:BKD) shares traded at $3.75, up 6.53% from the previous session.
4 analysts cover Brookdale Senior Living Inc. (NYSE:BKD), according to research data. The consensus rating among analysts is ‘Underweight’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $3.95, we find $5.50. Given the previous closing price of $3.52, this indicates a potential upside of 56.25 percent. BKD stock price is now -2.19% away from the 50-day moving average and 7.39% away from the 200-day moving average. The market capitalization of the company currently stands at $703.80M.
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The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $5.49 as their price target over the next twelve months.
With the price target reduced from $5 to $4, Stifel Downgraded its rating from Buy to Hold for Brookdale Senior Living Inc. (NYSE: BKD).
In other news, Asher Jordan R, Director sold 17,200 shares of the company’s stock on Mar 02. The stock was sold for $57,286 at an average price of $3.33. Upon completion of the transaction, the Director now directly owns 102,965 shares in the company, valued at $0.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 17, Director BUMSTEAD FRANK M bought 50,000 shares of the business’s stock. A total of $154,415 was incurred on buying the stock at an average price of $3.09. This leaves the insider owning 401,291 shares of the company worth $1.5 million. Insiders disposed of 616,654 shares of company stock worth roughly $2.31 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BKD stock. A new stake in Brookdale Senior Living Inc. shares was purchased by IRON TRIANGLE PARTNERS LP during the first quarter worth $10,125,000. BRIDGEWAY CAPITAL MANAGEMENT, LLC invested $5,395,000 in shares of BKD during the first quarter. In the first quarter, MARSHALL WACE, LLP acquired a new stake in Brookdale Senior Living Inc. valued at approximately $2,559,000. CINCTIVE CAPITAL MANAGEMENT LP acquired a new stake in BKD for approximately $938,000. CAXTON ASSOCIATES LP purchased a new stake in BKD valued at around $614,000 in the second quarter. In total, there are 227 active investors with 105.10% ownership of the company’s stock.
On Tuesday morning Brookdale Senior Living Inc. (NYSE: BKD) stock kicked off with the opening price of $3.5200. During the past 12 months, Brookdale Senior Living Inc. has had a low of $2.27 and a high of $5.49. As of last week, the company has a debt-to-equity ratio of 7.61, a current ratio of 0.90, and a quick ratio of 0.90. The fifty day moving average price for BKD is $3.8342 and a two-hundred day moving average price translates $3.4883 for the stock.
The latest earnings results from Brookdale Senior Living Inc. (NYSE: BKD) was released for Mar, 2023. According to the Medical Care Facilities Company, earnings per share came in at -$0.2, beating analysts’ expectations of -$0.29 by 0.09. This compares to -$0.54 EPS in the same period last year. The net profit margin was -6.30% and return on equity was -34.40% for BKD. The company reported revenue of $753.26 million for the quarter, compared to $677.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.13 percent. For the current quarter, analysts expect BKD to generate $747.04M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/17/2008. Investors who held shares on 10/10/2008 were paid a $0.25 dividend.
Brookdale Senior Living Inc.(BKD) 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. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company’s residents. This segment also operates memory care communities for residents with Alzheimer’s and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It also manages communities on behalf of others. Brookdale Senior Living Inc. was incorporated in 2005 and is headquartered in Brentwood, Tennessee.
