Brookdale Senior Living Inc. (NYSE:BKD) Short Interest Up 22.8% in December – MarketBeat
Brookdale Senior Living Inc. (NYSE:BKD) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 8,520,000 shares, an increase of 22.8% from the December 15th total of 6,940,000 shares. Approximately 4.7% of the company’s stock are short sold. Based on an average daily volume of 2,680,000 shares, the short-interest ratio is currently 3.2 days.
Separately, Zacks Investment Research lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Thursday, January 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Brookdale Senior Living presently has an average rating of “Hold” and a consensus target price of $10.00.
Shares of BKD opened at $5.49 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 5.26. Brookdale Senior Living has a fifty-two week low of $4.42 and a fifty-two week high of $8.95. The company has a market cap of $1.02 billion, a P/E ratio of -14.08 and a beta of 1.76. The firm’s 50 day moving average price is $5.74 and its 200 day moving average price is $6.55.
Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Thursday, November 4th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.42) by $1.31. Brookdale Senior Living had a negative net margin of 2.08% and a negative return on equity of 38.13%. The business had revenue of $641.65 million during the quarter, compared to analysts’ expectations of $650.48 million. During the same quarter in the prior year, the business posted ($0.68) EPS. Research analysts forecast that Brookdale Senior Living will post -1.23 earnings per share for the current year.
(Ad)
There aren’t many days left on the calendar… and yet the global semiconductor market grew to $466.2 billion – in spite of the pandemic.
Better still, the chip shortage has created huge opportunities for recurring success.
These four tech companies are well-positioned to take advantage of this rapidly growing demand.
In related news, EVP George T. Hicks sold 24,664 shares of the stock in a transaction that occurred on Thursday, December 2nd. The shares were sold at an average price of $6.00, for a total transaction of $147,984.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.96% of the stock is currently owned by company insiders.
A number of institutional investors have recently made changes to their positions in BKD. Xponance Inc. purchased a new position in shares of Brookdale Senior Living in the 2nd quarter valued at about $80,000. Mackenzie Financial Corp acquired a new stake in shares of Brookdale Senior Living during the 3rd quarter worth about $69,000. Pinz Capital Management LP acquired a new stake in shares of Brookdale Senior Living during the 2nd quarter worth about $110,000. LPL Financial LLC acquired a new stake in shares of Brookdale Senior Living in the second quarter worth approximately $116,000. Finally, Activest Wealth Management acquired a new stake in shares of Brookdale Senior Living in the third quarter worth approximately $95,000. Institutional investors own 94.29% of the company’s stock.
Brookdale Senior Living Company Profile
Brookdale Senior Living, Inc engages in the operation of senior living communities. The firm manages independent living, assisted living and dementia-care communities and continuing care retirement centers. It operates through the following segments: Independent Living Assisted Living & Memory Care, CCRCs, Health Care Services and Management Services.
See Also: How does new data get added to a blockchain?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Brookdale Senior Living right now?
Before you consider Brookdale Senior Living, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Brookdale Senior Living wasn’t on the list.
While Brookdale Senior Living currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
