Brookdale Senior Living (BKD) Projected to Post Quarterly Earnings on Tuesday

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

Brookdale Senior Living Stock Down 0.8 %

Shares of Brookdale Senior Living stock opened at $4.52 on Tuesday. The company’s fifty day simple moving average is $5.03 and its two-hundred day simple moving average is $5.97. Brookdale Senior Living has a 12-month low of $4.45 and a 12-month high of $8.12. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 14.46. The company has a market cap of $899.43 million, a P/E ratio of -4.91 and a beta of 1.29.

Insider Buying and Selling at Brookdale Senior Living

In related news, Director Lee S. Wielansky sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was 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 in the company, valued at $1,187,966.84. This represents a 4.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

BKD has been the subject of a number of research reports. Macquarie reissued an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research note on Friday, December 20th. Jefferies Financial Group started coverage on Brookdale Senior Living in a research note on Wednesday, October 16th. They issued a “buy” rating and a $8.00 target price for the company. Finally, Royal Bank of Canada restated an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $7.50.

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.