Opinion

Brookdale Senior Living Inc. (NYSE:BKD) Analysts Recommendations and Insider Trading

Brookdale Senior Living Inc. (NYSE:BKD) stock is presently standing at about $12.46 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 7 analysts covering the company is $19.00, which suggests the stock could still rise over 34 percent. The highest analyst price target is $22.00, which implies a rally of 23 percent. And a quick view of analyst notes show that 2 are rating the stock a buy while 3 rate BKD a strong buy. There are 2 equity research firms advocating a Hold and 0 consider it Sell.

Wells Fargo analysts provided their view on Brookdale Senior Living Inc. (NYSE:BKD) recently. The rating firm issued a Outperform rating to this company in a research note released on Jan 12, 2017. Jefferies analysts disclosed their opinion on Brookdale Senior Living Inc. (NYSE:BKD) recently. The rating firm gave a Hold rating to this stock in a research note published on Nov 11, 2016. According to a research note disclosed on Nov 02, 2016, analysts at BofA/Merrill have lowered their rating on these shares from Neutral to Underperform.

Brookdale Senior Living Inc. (NYSE:BKD) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director WIELANSKY LEE S Purchased 5,000 company shares for 61000, in a transaction on 2016-11-04. Following the transaction, the Director is left with a stake of 17,551 shares, currently valued at $218685. Meanwhile, Director SEWARD JAMES R purchased 5,000 shares worth $62300, through a transaction dated 2016-11-04. Following the completion of the transaction, the insider is left with a stake of 65,383 shares, amounting $814672.18. BKD Director BUMSTEAD FRANK M also purchased 15,000 shares, at a stock price of $12.03. This transaction occurred on 2016-11-04 totals $180450. After this transaction, the insider’s stake stands at 121,229 shares, with a market value of $1510513.

Executives hold 3.34 percent of the stock. T. Andrew Smith is one of the biggest insider owners in Brookdale Senior Living Inc. (NYSE:BKD), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 997,054 shares which have current market value of around $12423292.84.Robert I. Kauffman is another major inside shareholder in the company. The insider owns 660,832 shares as of 0.36%, currently worth $8233966.72. W. E. Sheriff is ranked as third insider holder of the stock. This insider holds 424,141 shares with a market value around $5284796.86 as of recent close.

Brookdale Senior Living Inc. (NYSE:BKD) Earnings Outlook

In Brookdale Senior Living Inc. (NYSE:BKD)’s latest quarter, EPS moved to $0.44 from $0.51 in preceding quarter and revenues reached at $1,208.87M compared to $1,246.13M. Analysts had expected Brookdale Senior Living Inc. (NYSE:BKD) to post net income of about $0.43 per share on $1,218.11M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.35 to $0.52. That is compared with the $0.58 in EPS it reported during the same period a year ago.

Leave a Reply