Brookdale Senior Living (BKD) Scheduled to Post Earnings on Wednesday

Brookdale Senior Living (NYSE:BKD) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Brookdale Senior Living to post earnings of ($0.16) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Thursday, August 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04). Brookdale Senior Living had a negative return on equity of 51.31% and a negative net margin of 6.75%. The company had revenue of $777.54 million during the quarter. During the same quarter last year, the firm earned ($0.15) EPS. On average, analysts expect Brookdale Senior Living to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Brookdale Senior Living Trading Down 0.8 %

Shares of NYSE BKD opened at $6.26 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 11.21. Brookdale Senior Living has a 12 month low of $3.66 and a 12 month high of $8.12. The company has a market cap of $1.21 billion, a price-to-earnings ratio of -8.13 and a beta of 1.31. The business has a fifty day simple moving average of $6.59 and a 200-day simple moving average of $6.86.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $9.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, October 9th. Jefferies Financial Group started coverage on Brookdale Senior Living in a report on Wednesday, October 16th. They set a “buy” rating and a $8.00 price objective for the company. Macquarie restated an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, October 9th. Finally, Bank of America lowered Brookdale Senior Living from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $7.75 to $6.00 in a research report on Monday, October 7th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Brookdale Senior Living presently has an average rating of “Hold” and a consensus target price of $7.75.

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.