Brookdale Senior Living (BKD) Getting Somewhat Positive Press Coverage, Analysis Finds

News coverage about Brookdale Senior Living (NYSE:BKD) has trended somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookdale Senior Living earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.8086350028316 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

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A number of equities analysts have commented on the stock. JMP Securities decreased their price objective on shares of Brookdale Senior Living from $16.00 to $9.00 and set a “buy” rating for the company in a report on Friday. Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Friday, April 6th. Royal Bank of Canada downgraded shares of Brookdale Senior Living from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $13.00 to $8.00 in a report on Tuesday, February 27th. Stephens reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Brookdale Senior Living in a report on Tuesday, March 6th. Finally, Stifel Nicolaus downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $14.00 to $9.00 in a report on Thursday, February 22nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Brookdale Senior Living currently has an average rating of “Hold” and a consensus price target of $10.50.

Brookdale Senior Living stock opened at $6.63 on Friday. The company has a debt-to-equity ratio of 2.97, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $1,210.86, a price-to-earnings ratio of -8.50 and a beta of 1.79. Brookdale Senior Living has a 12 month low of $6.27 and a 12 month high of $15.66.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Thursday, February 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. Brookdale Senior Living had a negative net margin of 12.04% and a negative return on equity of 8.40%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($1.45) earnings per share. analysts anticipate that Brookdale Senior Living will post -0.91 earnings per share for the current fiscal year.

In related news, Director Marcus E. Bromley bought 6,950 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were bought at an average cost of $7.18 per share, for a total transaction of $49,901.00. Following the completion of the purchase, the director now owns 28,359 shares of the company’s stock, valued at approximately $203,617.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James R. Seward bought 5,000 shares of the business’s stock in a transaction on Thursday, March 1st. The stock was bought at an average price of $6.68 per share, for a total transaction of $33,400.00. Following the completion of the purchase, the director now directly owns 102,451 shares of the company’s stock, valued at approximately $684,372.68. The disclosure for this purchase can be found here. Insiders acquired 36,950 shares of company stock worth $256,401 over the last quarter. 1.50% of the stock is currently owned by company insiders.

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About Brookdale Senior Living

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.

Insider Buying and Selling by Quarter for Brookdale Senior Living (NYSE:BKD)

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