Equities analysts expect that Brookdale Senior Living Inc. (NYSE:BKD) will post $1.18 billion in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Brookdale Senior Living’s earnings. Brookdale Senior Living posted sales of $1.25 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 5.6%. The business is expected to report its next earnings results on Tuesday, November 7th.

On average, analysts expect that Brookdale Senior Living will report full-year sales of $1.18 billion for the current year, with estimates ranging from $4.73 billion to $4.76 billion. For the next financial year, analysts forecast that the business will report sales of $4.72 billion per share, with estimates ranging from $4.70 billion to $4.75 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Brookdale Senior Living.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Monday, August 7th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.79). Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior year, the business earned ($0.19) EPS. The business’s quarterly revenue was down 5.7% on a year-over-year basis.

A number of brokerages have recently commented on BKD. ValuEngine lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Sunday, September 3rd. BidaskClub cut shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Zacks Investment Research cut shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 10th. Stifel Nicolaus cut their price objective on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $16.50 price objective on shares of Brookdale Senior Living in a research note on Friday, July 14th. Five equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $16.50.

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Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Brookdale Senior Living by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 15,387,106 shares of the company’s stock valued at $206,649,000 after purchasing an additional 663,671 shares in the last quarter. Glenview Capital Management LLC boosted its position in Brookdale Senior Living by 3.5% during the 2nd quarter. Glenview Capital Management LLC now owns 15,250,718 shares of the company’s stock valued at $224,338,000 after buying an additional 520,000 shares during the period. Dimensional Fund Advisors LP boosted its position in Brookdale Senior Living by 38.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,887,660 shares of the company’s stock valued at $145,448,000 after buying an additional 2,751,084 shares during the period. New South Capital Management Inc. boosted its position in Brookdale Senior Living by 26.4% during the 1st quarter. New South Capital Management Inc. now owns 6,205,928 shares of the company’s stock valued at $83,345,000 after buying an additional 1,298,098 shares during the period. Finally, Wellington Management Group LLP boosted its position in Brookdale Senior Living by 125.2% during the 1st quarter. Wellington Management Group LLP now owns 5,241,746 shares of the company’s stock valued at $70,398,000 after buying an additional 2,914,451 shares during the period. 99.71% of the stock is owned by institutional investors.

Shares of Brookdale Senior Living (NYSE BKD) traded up 0.18% during mid-day trading on Wednesday, reaching $10.92. 4,235,873 shares of the company’s stock were exchanged. The firm’s market cap is $2.03 billion. The company has a 50 day moving average price of $12.04 and a 200 day moving average price of $13.27. Brookdale Senior Living has a 52-week low of $10.65 and a 52-week high of $18.09.

About Brookdale Senior Living

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

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