Brookdale Senior Living Inc (NYSE: BKD) is 11.00% higher on its value in year-to-date trading and has touched a low of $2.27 and a high of $6.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BKD stock was last observed hovering at around $6.44 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $6.46, the stock is 8.58% and 11.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 0.31% at the moment leaves the stock 36.32% off its SMA200. BKD registered 174.89% gain for a year compared to 6-month gain of 51.29%. The firm has a 50-day simple moving average (SMA 50) of $1.88 and a 200-day simple moving average (SMA200) of $14.04.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 22.35% loss in the last 1 month and extending the period to 3 months gives it a 16.61%, and is 5.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.53% over the week and 4.47% over the month.
Profit margin for the company is -6.27%. Distance from 52-week low is 184.58% and -3.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.86%).
Brookdale Senior Living Inc quarterly earnings per share for the current quarter are estimated at -$0.18 with sales reaching $781.56M over the same period.The EPS is expected to grow by 14.29% this year, but quarterly earnings will post 3.90% year-over-year. Quarterly sales are estimated to grow 3.80% in year-over-year returns.
Brookdale Senior Living Inc (BKD) Top Institutional Holders
237 institutions hold shares in Brookdale Senior Living Inc (BKD), with institutional investors hold 108.80% of the company’s shares. The shares outstanding are 188.25M, and float is at 168.03M with Short Float at 10.36%. Institutions hold 106.51% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 21.44 million shares valued at $138.48 million. The investor’s holdings represent 11.32% of the BKD Shares outstanding. As of Dec 30, 2023, the second largest holder is Vanguard Group Inc with 18.05 million shares valued at $116.61 million to account for 9.53% of the shares outstanding. The other top investors are Glenview Capital Management, Llc which holds 16.94 million shares representing 8.95% and valued at over $109.46 million, while Camber Capital Management LP holds 8.19% of the shares totaling 15.5 million with a market value of $100.13 million.
Brookdale Senior Living Inc (BKD) Insider Activity
The most recent transaction is an insider purchase by HICKS GEORGE T,the company’sEVP & Treasurer. SEC filings show that HICKS GEORGE T bought 9,140 shares of the company’s common stock on Mar 06 ’24 at a price of $5.50 per share for a total of $50307.0. Following the purchase, the insider now owns 0.35 million shares.
Brookdale Senior Living Inc disclosed in a document filed with the SEC on Feb 23 ’24 that BUMSTEAD FRANK M (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Feb 23 ’24 and was made at $5.36 per share for $5360.0. Following the transaction, the insider now directly holds 0.5 million shares of the BKD stock.
Still, SEC filings show that on Dec 06 ’23, BROMLEY MARCUS E (Director) disposed off 3,995 shares at an average price of $5.30 for $21158.0. The insider now directly holds 147,001 shares of Brookdale Senior Living Inc (BKD).
