The consensus among analysts is that Brookdale Senior Living Inc. (BKD) is an Overweight stock at the moment, with a recommendation rating of 2.2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.41.
Brookdale Senior Living Inc. (BKD) estimates and forecasts
Figures show that Brookdale Senior Living Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -60.63% over the past 6 months, with this year growth rate of 14.16%, compared to -0.2% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -36.7% and 4.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be -9.3%.
2 analysts offering their estimates for the company have set an average revenue estimate of $856.47 Million for the current quarter. 2 have an estimated revenue figure of $864.18 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $1.02 Billion and $1.01 Billion respectively for this quarter and the next, and analysts expect sales will grow by -16% for the current quarter and -14.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -7.5% over the past 5 years. Earnings growth for 2020 is a modest +48.3% while over the next 5 years, the company’s earnings are expected to increase by 10%.
Brookdale Senior Living Inc. (NYSE:BKD)’s Major holders
Insiders own 1.98% of the company shares, while shares held by institutions stand at 103.85% with a share float percentage of 105.94%. Investors are also buoyed by the number of investors in a company, with Brookdale Senior Living Inc. having a total of 237 institutions that hold shares in the company. The top two institutional holders are Deerfield Management Company, L.P. (Series C) with over 18.4 Million shares worth more than $57.42 Million. As of March 30, 2020, Deerfield Management Company, L.P. (Series C) held 10.05% of shares outstanding.
The other major institutional holder is Glenview Capital Management, LLC, with the holding of over 17.63 Million shares as of March 30, 2020. The firm’s total holdings are worth over $55.02 Million and represent 9.63% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of March 30, 2020, the former fund manager holds about 2.98% shares in the company for having 5456490 shares of worth $17.02 Million while later fund manager owns 4.78 Million shares of worth $14.9 Million as of March 30, 2020, which makes it owner of about 2.61% of company’s outstanding stock.