Brookdale Senior Living (NYSE:BKD) Posts Quarterly Earnings Results, Misses Expectations By $0.21 EPS

Brookdale Senior Living (NYSE:BKD) issued its earnings results on Tuesday. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.21), Zacks reports. Brookdale Senior Living had a negative return on equity of 59.06% and a negative net margin of 6.75%.

Brookdale Senior Living Trading Down 0.3 %

NYSE BKD traded down $0.02 during trading hours on Tuesday, hitting $5.30. 2,082,513 shares of the company were exchanged, compared to its average volume of 2,236,943. The stock has a 50-day moving average price of $4.98 and a 200 day moving average price of $5.87. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 14.46. Brookdale Senior Living has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a market cap of $1.05 billion, a PE ratio of -5.76 and a beta of 1.29.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BKD shares. Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Two 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 a consensus 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 business’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 transaction of $56,200.00. Following the sale, the director now directly owns 211,382 shares of the company’s stock, valued at $1,187,966.84. The trade was a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.80% of the stock is currently owned by insiders.

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.