Zacks: Brokerages Anticipate Brookdale Senior Living, Inc. (BKD) to Announce -$0.24 Earnings Per Share

Wall Street analysts predict that Brookdale Senior Living, Inc. (NYSE:BKD) will announce earnings of ($0.24) per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Brookdale Senior Living’s earnings, with the lowest EPS estimate coming in at ($0.26) and the highest estimate coming in at ($0.21). Brookdale Senior Living reported earnings of $0.44 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 154.5%. The business is expected to issue its next earnings report on Monday, February 12th.

According to Zacks, analysts expect that Brookdale Senior Living will report full year earnings of ($3.43) per share for the current fiscal year, with EPS estimates ranging from ($3.52) to ($3.36). For the next fiscal year, analysts anticipate that the business will report earnings of ($0.85) per share, with EPS estimates ranging from ($1.31) to ($0.49). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Brookdale Senior Living.

BKD has been the subject of a number of research analyst reports. Royal Bank of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of Brookdale Senior Living in a research note on Friday, October 13th. Jefferies Group set a $14.00 price target on shares of Brookdale Senior Living and gave the stock a “buy” rating in a research report on Friday, October 20th. Stifel Nicolaus lowered their price target on shares of Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, November 7th. Stephens set a $16.00 price target on shares of Brookdale Senior Living and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, Zacks Investment Research upgraded shares of Brookdale Senior Living from a “strong sell” rating to a “hold” rating in a research report on Monday, December 18th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.60.

Shares of Brookdale Senior Living (NYSE BKD) traded down $0.17 during midday trading on Friday, hitting $9.50. 6,619,357 shares of the company’s stock were exchanged, compared to its average volume of 2,660,000. Brookdale Senior Living has a one year low of $8.78 and a one year high of $16.23. The company has a market capitalization of $1,740.00, a P/E ratio of -2.07 and a beta of 1.64. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.83 and a current ratio of 0.83.

Large investors have recently modified their holdings of the company. Nomura Holdings Inc. acquired a new stake in shares of Brookdale Senior Living during the 2nd quarter worth approximately $432,000. Nationwide Fund Advisors grew its position in shares of Brookdale Senior Living by 268.9% during the 3rd quarter. Nationwide Fund Advisors now owns 299,739 shares of the company’s stock worth $3,177,000 after buying an additional 218,490 shares during the period. Pax World Management LLC grew its position in shares of Brookdale Senior Living by 17.6% during the 3rd quarter. Pax World Management LLC now owns 1,151,286 shares of the company’s stock worth $12,204,000 after buying an additional 172,494 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Brookdale Senior Living by 21.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 11,968,001 shares of the company’s stock worth $126,862,000 after buying an additional 2,080,341 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Brookdale Senior Living during the 3rd quarter worth approximately $353,000. Institutional investors own 99.31% of the company’s stock.

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About Brookdale Senior Living

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

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