Brookdale Senior Living (BKD): Price Target and June Short Interest Disclosure

Brookdale Senior Living (BKD) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $29 and the lowest price target forecast is $20. The average forecast of all the analysts is $23.75 and the expected standard deviation is $4.11.

Brookdale Senior Living (BKD), A increase of 864,446 shares or 6.4% was observed in the short interest of Brookdale Senior Living Inc The interest on June 30,2016 came in at 14,310,752 shares and as per the average daily trading of 3,069,698 shares, the days to cover are 5. The increased interest is 7.8% of the floated shares. The data of June 15,2016 put the interest at 13,446,306 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Brookdale Senior Living (NYSE:BKD): stock turned positive on Thursday. Though the stock opened at $16.84, the bulls momentum made the stock top out at $17.115 level for the day. The stock recorded a low of $16.73 and closed the trading day at $17, in the green by 1.61%. The total traded volume for the day was 2,456,578. The stock had closed at $16.73 in the previous days trading.

Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.