Price Change to Note: Brookdale Senior Living, Inc. Stock Price Declines Today

Price Change to Note: Brookdale Senior Living, Inc. Stock Price Declines Today

The stock of Brookdale Senior Living, Inc. (NYSE:BKD) is a huge mover today! About 672,046 shares traded hands. Brookdale Senior Living, Inc. (NYSE:BKD) has declined 1.78% since March 11, 2016 and is downtrending. It has underperformed by 7.24% the S&P500.
The move comes after 9 months negative chart setup for the $2.83B company. It was reported on Oct, 14 by Barchart.com. We have $14.12 PT which if reached, will make NYSE:BKD worth $198.10M less.

Analysts await Brookdale Senior Living, Inc. (NYSE:BKD) to report earnings on November, 2. They expect $0.63 earnings per share, up 290.91% or $0.96 from last year’s $-0.33 per share. BKD’s profit will be $117.45M for 6.02 P/E if the $0.63 EPS becomes a reality. After $0.66 actual earnings per share reported by Brookdale Senior Living, Inc. for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Brookdale Senior Living, Inc. (NYSE:BKD) Ratings Coverage

Out of 6 analysts covering Brookdale Senior Living (NYSE:BKD), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Brookdale Senior Living has been the topic of 14 analyst reports since August 5, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Top Pick” rating and $37 target price in Friday, November 6 report. The rating was maintained by Barclays Capital on Wednesday, January 6 with “Equal-Weight”. The rating was maintained by Barclays Capital with “Equal Weight” on Wednesday, August 5. Jefferies maintained Brookdale Senior Living, Inc. (NYSE:BKD) rating on Wednesday, August 5. Jefferies has “Buy” rating and $44 price target. RBC Capital Markets maintained Brookdale Senior Living, Inc. (NYSE:BKD) rating on Wednesday, August 5. RBC Capital Markets has “Top Pick” rating and $40 price target. The rating was maintained by JMP Securities on Wednesday, August 24 with “Market Outperform”. Stifel Nicolaus downgraded the shares of BKD in a report on Wednesday, August 5 to “Hold” rating.

According to Zacks Investment Research, “Brookdale Senior Living Inc. is a leading owner and operator of senior living facilities throughout the United States. The Company is committed to providing an exceptional living experience through properties that are designed, purpose-built and operated to provide the highest-quality service, care and living accommodations for residents. The Company owns and operates independent, assisted and dementia-care facilities.”

Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.03, from 1.02 in 2016Q1. The ratio is positive, as 30 funds sold all Brookdale Senior Living, Inc. shares owned while 74 reduced positions. 31 funds bought stakes while 78 increased positions. They now own 189.41 million shares or 0.12% less from 189.63 million shares in 2016Q1.
Lee Danner And Bass Inc holds 1.02% of its portfolio in Brookdale Senior Living, Inc. (NYSE:BKD) for 545,599 shares. Obermeyer Wood Counsel Lllp owns 3.61 million shares or 5.55% of their US portfolio. Advisory Inc holds 0.56% of its portfolio in Brookdale Senior Living, Inc. (NYSE:BKD) for 2.11M shares. Diversified Trust has 24,883 shares for 0.04% of their US portfolio. The Virginia-based Virginia Retirement Et Al has invested 0.02% in Brookdale Senior Living, Inc. (NYSE:BKD). Bluestein R H & Co has invested 0.01% of its portfolio in Brookdale Senior Living, Inc. (NYSE:BKD). Canyon Cap Advsr Ltd Liability Corp holds 4.23% or 6.89M shares in its portfolio. State Street accumulated 0% or 2.41 million shares. Checchi Advisers Limited Liability Co accumulated 0% or 2,143 shares. Independent Port Consultants holds 0.05% of its portfolio in Brookdale Senior Living, Inc. (NYSE:BKD) for 9,750 shares. Moreover, Fmr Lc has 0.01% invested in Brookdale Senior Living, Inc. (NYSE:BKD) for 3.06 million shares. Rail holds 0.54% or 146,147 shares in its portfolio. Moreover, Massachusetts Finance Svcs Ma has 0.01% invested in Brookdale Senior Living, Inc. (NYSE:BKD) for 653,031 shares. Cna Financial Corp accumulated 97,675 shares or 0.37% of the stock. Partner Fund L P reported 3.19M shares or 1.48% of all its holdings.

More news for Brookdale Senior Living, Inc. (NYSE:BKD) were recently published by: Forbes.com, which released: “Brookdale Senior Living is Now Oversold (BKD)” on October 14, 2016. Prnewswire.com‘s article titled: “Brookdale Senior Living names Cedric T. Coco as EVP and Chief People Officer” and published on October 12, 2016 is yet another important article.

BKD Company Profile

Brookdale Senior Living Inc., incorporated on June 28, 2005, is engaged in the operation of senior living communities in the United States. The Firm operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Firm has five divisions: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. The Company’s Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors. The Company’s Assisted Living segment includes owned or leased communities that offer housing and around the clock assistance with activities of daily life to mid-acuity frail and elderly residents. The Company’s CCRCs-Rental segment includes owned or leased communities that offer a range of living arrangements and services to accommodate all levels of physical ability and health. The Company’s Brookdale Ancillary Services segment includes the outpatient therapy, home health and hospice services provided to residents of many of the Company’s communities, to other senior living communities that the Company does not own or operate and to seniors living outside of the Company’s communities. The Company’s Management Services segment includes communities operated by the Company pursuant to management agreements.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment