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

Brookdale Senior Living (NYSE:BKD - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.21), Zacks reports. The company had revenue of $780.95 million during the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 59.90%.

Brookdale Senior Living Price Performance

NYSE:BKD traded down $0.06 during trading hours on Friday, reaching $5.40. 3,633,812 shares of the company were exchanged, compared to its average volume of 2,354,839. The business has a 50 day moving average of $4.98 and a 200 day moving average of $5.84. Brookdale Senior Living has a 1-year low of $4.45 and a 1-year high of $8.12. The company has a debt-to-equity ratio of 14.46, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $1.07 billion, a P/E ratio of -6.06 and a beta of 1.29.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BKD shares. Macquarie reaffirmed an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Friday, December 20th. Royal Bank of Canada reiterated an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Thursday. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Brookdale Senior Living currently has an average rating of "Hold" and a consensus target price of $7.50.

Insider Buying and Selling at Brookdale Senior Living

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the firm's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $5.62, for a total value of $56,200.00. Following the transaction, the director now directly owns 211,382 shares of the company's stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.80% of the company's stock.

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.