Brookdale Senior Living Inc (NYSE:BKD) shares traded -0.78% lower at $5.07 on Wall Street last session.
BKD stock price is now -11.11% away from the 50-day moving average and -22.66% away from the 200-day moving average. The market capitalization of the company currently stands at $1.01B.
With the price target of $8, Jefferies recently initiated with Buy rating for Brookdale Senior Living Inc (NYSE: BKD). On October 07, 2024, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $7.75 to quote $6, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, WIELANSKY LEE S, Director sold 10,000 shares of the company’s stock on Dec 05 ’24. The stock was sold for $56,200 at an average price of $5.62. Upon completion of the transaction, the Director now directly owns 211,382 shares in the company, valued at $1.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05 ’24, Director WIELANSKY LEE S bought 10,000 shares of the business’s stock. A total of $56,150 was incurred on buying the stock at an average price of $5.62. A total of 12.03% of the company’s stock is owned by insiders.
During the past 12 months, Brookdale Senior Living Inc has had a low of $4.89 and a high of $8.12. The fifty day moving average price for BKD is $5.7232 and a two-hundred day moving average price translates $6.5593 for the stock.
The latest earnings results from Brookdale Senior Living Inc (NYSE: BKD) was released for 2024-09-30. The net profit margin was -6.75% and return on equity was -53.31% for BKD. The company reported revenue of $784.17 million for the quarter, compared to $757.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.55 percent.
