Brookdale Senior Living Inc. (NYSE:BKD) registered a 2.52% increase, still its new closing price is 44.98% up from the company’s 1 year high of 19.42.It posted 0.98% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 8 stock analysts following this company have an average price target at $16.29, with individual PT in the $12.00-$22.00 range. The shares moved at $15.44, implying that brokerage firms see shares losing about -2.15% in twelve months time.
Brookdale Senior Living Inc. (BKD) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 24.32% rise year to date. A Director at Brookdale Senior Living Inc. (BKD) acquired shares in a transaction closed on Friday November 04, 2016. WIELANSKY LEE S bought 5,000 shares in the company at $12.2 each and collected $61,000 in proceeds. WIELANSKY LEE S now owns 17,551 shares in the company after this transaction. A Director in the company, SEWARD JAMES R, disclosed a transaction on Friday November 04, 2016 that ended up paying $62,000 from the purchase of 5,000 shares at $12.46 per share.
Brookdale Senior Living Inc. (NYSE:BKD) Upcoming Results on Tap
Brookdale Senior Living Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.56 in that period. Sales during the quarter are predicted to arrive at $1.22 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.25 billion in revenue and EPS of $0.51. The mean forecast was for $1.26 billion and $0.62 a share, respectively. One quarter earlier, revenue for the stock was at $1.26 billion, with earnings at $0.66/share.
Brookdale Senior Living Inc. (BKD) Brokerage Update
Brookdale Senior Living Inc. (BKD) is in Wells Fargo’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Market Perform by Wells Fargo, according to news reported on Thursday January 12, 2017.Another important research note was issued by Jefferies on Friday November 11, 2016.The firm downgraded BKD to Hold from Buy. Over the last six months and over the last three months, the shares of Brookdale Senior Living Inc. (BKD), have changed -9.97% and 30.85%, respectively.