Brookdale Senior Living, Inc. (BKD) Director Acquires $33,400.00 in Stock
Brookdale Senior Living, Inc. (NYSE:BKD) Director James R. Seward acquired 5,000 shares of Brookdale Senior Living stock in a transaction dated Thursday, March 1st. The shares were purchased at an average price of $6.68 per share, with a total value of $33,400.00. Following the acquisition, the director now owns 102,451 shares of the company’s stock, valued at $684,372.68. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Brookdale Senior Living, Inc. (NYSE BKD) traded up $0.49 during midday trading on Friday, hitting $7.04. 4,222,659 shares of the stock were exchanged, compared to its average volume of 4,150,000. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.97. Brookdale Senior Living, Inc. has a 52 week low of $6.39 and a 52 week high of $15.66. The firm has a market capitalization of $1,310.00, a P/E ratio of -1.91 and a beta of 1.86.
Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Thursday, February 22nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). Brookdale Senior Living had a negative net margin of 12.04% and a negative return on equity of 8.40%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted ($1.45) earnings per share. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. research analysts predict that Brookdale Senior Living, Inc. will post -0.98 earnings per share for the current year.
A number of brokerages have recently issued reports on BKD. Stephens set a $16.00 price objective on Brookdale Senior Living and gave the stock a “buy” rating in a report on Monday, November 20th. Stifel Nicolaus reduced their price objective on Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. 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. Royal Bank of Canada dropped their price target on shares of Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Wednesday, November 8th. Finally, Jefferies Group set a $9.00 price target on shares of Brookdale Senior Living and gave the company a “buy” rating in a research report on Friday, February 23rd. Three analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Brookdale Senior Living currently has an average rating of “Hold” and an average price target of $11.60.
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.
Receive News & Ratings for Brookdale Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookdale Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.