Brookdale Senior Living, Inc. (NYSE:BKD) Director Marcus E. Bromley acquired 6,300 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The shares were bought at an average cost of $7.86 per share, with a total value of $49,518.00. Following the completion of the purchase, the director now owns 41,059 shares of the company’s stock, valued at $322,723.74. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
NYSE:BKD traded up $0.23 on Friday, reaching $8.05. The company’s stock had a trading volume of 25,025 shares, compared to its average volume of 3,013,509. Brookdale Senior Living, Inc. has a 1-year low of $6.28 and a 1-year high of $11.09. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 4.64. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of -10.19 and a beta of 1.60.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Monday, November 5th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.28) by $0.08. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Brookdale Senior Living had a negative return on equity of 14.72% and a negative net margin of 13.93%. Brookdale Senior Living’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($2.22) earnings per share. Sell-side analysts forecast that Brookdale Senior Living, Inc. will post -1.03 earnings per share for the current year.
A number of research analysts have issued reports on BKD shares. Royal Bank of Canada reissued a “hold” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Sunday, November 18th. Zacks Investment Research raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Monday, October 8th. JMP Securities boosted their target price on Brookdale Senior Living from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, October 3rd. ValuEngine cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Stifel Nicolaus decreased their target price on Brookdale Senior Living from $9.00 to $8.00 and set a “hold” rating for the company in a research note on Tuesday, August 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $9.25.
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Brookdale Senior Living Company Profile
Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.
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