Wall Street analysts predict that Brookdale Senior Living, Inc. (NYSE:BKD) will announce earnings per share of ($0.24) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Brookdale Senior Living’s earnings. The highest EPS estimate is ($0.21) and the lowest is ($0.26). Brookdale Senior Living posted earnings per share of $0.44 in the same quarter last year, which indicates a negative year over year growth rate of 154.5%. The firm is expected to report its next earnings results on Monday, February 19th.
On average, analysts expect that Brookdale Senior Living will report full year earnings of ($3.43) per share for the current financial year, with EPS estimates ranging from ($3.52) to ($3.36). For the next fiscal year, analysts expect that the firm will post earnings of ($0.85) per share, with EPS estimates ranging from ($1.31) to ($0.49). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Brookdale Senior Living.
Several research firms have recently commented on BKD. Zacks Investment Research downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Tuesday. Stephens set a $16.00 target price on Brookdale Senior Living and gave the company a “buy” rating in a research report on Monday, November 20th. Stifel Nicolaus reduced their price target on Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating on the stock in a research report on Tuesday, November 7th. Royal Bank of Canada reduced their price target on Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 8th. Finally, Jefferies Group set a $14.00 price target on Brookdale Senior Living and gave the stock a “buy” rating in a research report on Friday, October 20th. Three analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $14.60.
Large investors have recently modified their holdings of the stock. EP Wealth Advisors LLC acquired a new stake in Brookdale Senior Living during the second quarter worth approximately $148,000. Merriman Wealth Management LLC acquired a new stake in Brookdale Senior Living during the third quarter worth approximately $108,000. Dorsey & Whitney Trust CO LLC acquired a new stake in Brookdale Senior Living during the third quarter worth approximately $122,000. PEAK6 Investments L.P. acquired a new stake in Brookdale Senior Living during the fourth quarter worth approximately $134,000. Finally, State of Alaska Department of Revenue acquired a new stake in Brookdale Senior Living during the fourth quarter worth approximately $148,000. 99.18% of the stock is currently owned by institutional investors and hedge funds.
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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