Brookdale Senior Living (BKD) Expected to Announce Earnings on Tuesday

Brookdale Senior Living (NYSE:BKD) is projected to post its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect Brookdale Senior Living to post earnings of ($0.16) per share and revenue of $781.78 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Brookdale Senior Living Stock Down 0.8 %

BKD opened at $4.52 on Tuesday. The business’s fifty day simple moving average is $5.03 and its 200 day simple moving average is $5.97. Brookdale Senior Living has a 52 week low of $4.45 and a 52 week high of $8.12. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 14.46. The stock has a market cap of $899.43 million, a PE ratio of -4.91 and a beta of 1.29.

Analyst Ratings Changes

Several brokerages have recently commented on BKD. Macquarie reiterated an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Friday, December 20th. Jefferies Financial Group initiated coverage on shares of Brookdale Senior Living in a research note on Wednesday, October 16th. They set a “buy” rating and a $8.00 price target on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Friday, December 20th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Brookdale Senior Living presently has an average rating of “Hold” and an average price target of $7.50.

Insiders Place Their Bets

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $5.62, for a total value of $56,200.00. Following the sale, the director now owns 211,382 shares of the company’s stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.80% of the company’s stock.

About Brookdale Senior Living

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.