About Brookdale Senior Living June 2024 weighted average occupancy increased 140 basis points over the prior year to 78.2%. June year-over-year growth was supported by move-in volumes above pre-pandemic average and comparable to the prior year period, and move-outs below the prior year period, as adjusted for dispositions. Sequentially, June weighted average occupancy grew 10 basis points while June month end occupancy grew 20 basis points, supporting a second quarter 2024 weighted average sequential occupa ...

Core Insights - Brookdale Senior Living (BKD) has earned a Zacks Rank 2 (Buy) due to favorable momentum and upward earnings estimate revisions [1] - The stock has shown a price increase of 10.1% over the past four weeks and 12.7% over the past 12 weeks, indicating strong investor interest [6][7] - BKD has a Momentum Score of B, suggesting it is an opportune time to invest [8] - The stock is trading at a reasonable valuation with a Price-to-Sales ratio of 0.46, meaning investors pay 46 cents for each dollar of sales [11] Momentum Investing - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" [4] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their valuations [4] - A safer approach involves investing in bargain stocks that exhibit recent price momentum [5] Investment Strategy - The Zacks Momentum Style Score helps identify strong momentum stocks by analyzing price and earnings trends [5] - The 'Fast-Paced Momentum at a Bargain' screen is designed to find fast-moving stocks that remain attractively priced [5] - BKD is highlighted as a strong candidate within this screening framework [6]

For BKD, shares are up 6.55% over the past week while the Zacks Medical - Nursing Homes industry is up 2.19% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.12% compares favorably with the industry's 10.12% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Brookdale Senior Living have increased 12.67% over the past quarter, and have ga ...

The Zacks Consensus Estimate for Sera Prognostics' 2024 bottom line suggests a 19% year-over-year improvement. SERA's average earnings surprise for the past four quarters is at 3.7%. The consensus mark for its current-year revenues indicates a 14.4% year-over-year increase. Brookdale Senior Living has witnessed 31 straight months of year-over-year increases in weighted average occupancy. This suggests that the company is witnessing continuous growth in occupancy rates, which is likely to lead to higher resi ...

May 2024 Observations: Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. The Company is committed to its mission of enriching the lives of the people it serves with compassion, respect, excellence, and integrity. The Company, through its affiliates, operates independent living, assisted living, memory care, and continuing care retirement communities. Through its comprehensive network, Brookdale helps to provide seniors with care, connection, and services in an envir ...

Brookdale Senior Living Inc.’s (BKD) shares have declined 2.6% since it reported first-quarter 2024 results on May 7, 2024. Despite a narrower-than-expected loss, which resulted from higher resident fees and increased occupancy rates, investors may have been worried about an elevated expense level. Overall costs took a hit from persistent inflationary pressures.Revenue per available unit (“RevPAR”) is anticipated to witness 6.25-6.75% growth on a year-over-year basis in the second quarter of 2024 while the ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Item 1. Legal Proceedings 32 Item 6. Exhibits 34 PART I. FINANCIAL INFORMATION | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------|-------|----------|-------|----------| | | | | | | | Expense | | | | | | Facility operating expense (excluding facility depreciation and amortization of $79,904 and $79,317, respectively) | | 542,550 | | 530,807 | | General and administrative expense ...

Brookdale Senior Living Inc. (NYSE:BKD) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Jessica Hazel – Vice President-Investor Relations Cindy Baier – President and Chief Executive Officer Dawn Kussow – Executive Vice President and Chief Financial Officer Conference Call Participants Ben Hendrix – RBC Joanna Gajuk – Bank of America Josh Raskin – Nephron Research Operator Hello, all, and welcome to the Brookdale Senior Living 1Q 2024 Earnings Call. My name is Harry, and I'll be ...