Brookdale Senior Living(BKD)

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Brookdale Reports February 2025 Occupancy
Prnewswire· 2025-03-10 20:15
Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, with 647 communities across 41 states, serving approximately 58,000 residents as of December 31, 2024 [1] - The company offers various living options including independent living, assisted living, memory care, and continuing care retirement communities, focusing on empowering seniors to live with dignity and purpose [1] - Brookdale emphasizes its commitment to compassionate care, clinical expertise, and exceptional service, guided by its core values of passion, courage, partnership, and trust [1] Occupancy Rates - In February 2025, the weighted average occupancy increased by 140 basis points year-over-year, rising from 77.9% in 2024 to 79.3% in 2025 [3] - Sequentially, the occupancy rate increased by 10 basis points compared to January 2025, indicating continued outperformance against normal seasonality [3] - The first quarter-to-date weighted average occupancy for 2025 stands at 79.2%, showing a significant improvement from the fourth quarter of 2024, which is better than typical seasonal trends [3]
Brookdale Confirms Receipt of Director Nominations
Prnewswire· 2025-03-05 23:35
Core Points - Brookdale Senior Living Inc. has received notice from Pangaea Ventures, L.P. regarding the nomination of six individuals for election to the Board of Directors at the 2025 Annual Meeting of Stockholders [1] - The Board's Nominating and Corporate Governance Committee will review the proposed nominees and will provide a formal recommendation in the proxy statement to be filed with the SEC [2] - Brookdale operates 647 senior living communities across 41 states, serving approximately 58,000 residents as of December 31, 2024, focusing on enriching the lives of seniors through various care solutions [3] Company Overview - Brookdale Senior Living Inc. is recognized as the premier operator of senior living communities in the United States, offering independent living, assisted living, memory care, and continuing care retirement communities [3] - The company emphasizes its commitment to delivering exceptional value and redefining senior living through its core values of passion, courage, partnership, and trust [3] - Brookdale's stock is traded on the New York Stock Exchange under the ticker symbol BKD [3]
Brookdale Expands Real Estate Portfolio With Strategic Acquisitions
ZACKS· 2025-03-04 19:00
Brookdale Senior Living Inc. (BKD) recently announced that it has reinforced its position in the senior living industry by completing two major portfolio acquisitions on Feb. 27, 2025. This strategic decision enhances financial stability, improves operational efficiencies, and capitalizes on the increasing demand for senior care services.The acquisitions include 25 communities from Diversified Healthcare Trust and five communities from Welltower Inc., totaling 41 senior living assets. By increasing its real ...
Brookdale Announces Completion of Two Previously Announced Portfolio Acquisitions, Increasing the Company's Real Estate Ownership Position
Prnewswire· 2025-03-03 11:45
NASHVILLE, Tenn., March 3, 2025 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced the February 27, 2025 closing of two portfolio acquisitions, completing its three-portfolio acquisition plan initially announced in September 2024. Through ownership of these communities, including the portfolio acquisition completed in December 2024, Brookdale is realizing predictable high-yielding returns on 41 assets from improved cost of capital and is increasing its ow ...
Brookdale Incurs Loss in Q4 Due to Higher Costs, Shares Up 6%
ZACKS· 2025-02-25 18:41
Brookdale Senior Living Inc.’s (BKD) shares gained 6.4% since it reported fourth-quarter 2024 results on Feb. 18, 2025. Despite benefiting from improved resident fees, increased revenue per occupied unit (RevPOR) and occupancy gains, the quarterly results were hurt by headwinds stemming from rising facility operating expenses, elevated general and administrative costs and declining interest income. See the Zacks Earnings Calendar to stay ahead of market-making news.BKD incurred a fourth-quarter loss of 37 c ...
Brookdale (BKD) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-02-25 14:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Brookdale to Present at Citi's 30th Annual Global Property CEO Conference and Barclays 27th Annual Global Healthcare Conference
Prnewswire· 2025-02-24 11:15
Core Insights - Brookdale Senior Living Inc. will participate in two upcoming conferences: Citi's Global Property CEO Conference on March 4, 2025, and Barclays Global Healthcare Conference on March 11, 2025 [1][2] Company Overview - Brookdale Senior Living Inc. operates 647 senior living communities across 41 states, serving approximately 58,000 residents as of December 31, 2024 [3] - The company focuses on enriching the lives of seniors through compassionate care, clinical expertise, and exceptional service, offering independent living, assisted living, memory care, and continuing care retirement communities [3] - Brookdale aims to create opportunities for wellness, personal growth, and meaningful relationships, guided by its core values of passion, courage, partnership, and trust [3]
Wall Street Analysts Believe Brookdale (BKD) Could Rally 35.41%: Here's is How to Trade
ZACKS· 2025-02-21 15:55
Shares of Brookdale Senior Living (BKD) have gained 10.8% over the past four weeks to close the last trading session at $5.45, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.38 indicates a potential upside of 35.4%.The mean estimate comprises four short-term price targets with a standard deviation of $1.25. While the lowest estimate of $5.50 indicates a 0.9% increase from th ...
Should Value Investors Buy Brookdale Senior Living (BKD) Stock?
ZACKS· 2025-02-21 15:45
Core Viewpoint - The article emphasizes the importance of value investing and highlights Brookdale Senior Living (BKD) as a strong value stock based on its financial metrics and Zacks Rank [2][3][6] Company Analysis - Brookdale Senior Living (BKD) holds a Zacks Rank of 2 (Buy) and has a Value grade of A, indicating it is among the strongest value stocks currently available [3] - BKD's price-to-book (P/B) ratio is 3.68, which is significantly lower than the industry average of 8.55, suggesting that BKD is undervalued [4] - The P/B ratio for BKD has fluctuated between a high of 4.60 and a low of 2.45 over the past year, with a median of 3.55 [4] - The price-to-cash flow (P/CF) ratio for BKD is 8.20, which is attractive compared to the industry average of 32.16, further indicating undervaluation [5] - Over the last 12 months, BKD's P/CF has ranged from a high of 12.19 to a low of 6.80, with a median of 8.59 [5] - Overall, the financial metrics suggest that Brookdale Senior Living is likely undervalued, making it a strong candidate for value investors [6]
Brookdale Senior Living(BKD) - 2024 Q4 - Earnings Call Transcript
2025-02-19 21:53
Brookdale Senior Living Inc. (NYSE:BKD) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Jessica Hazel - Head of IR Lucinda Baier - President & CEO Dawn Kussow - EVP & CFO Conference Call Participants Tao Qiu - Macquarie Brian Tanquilut - Jefferies Josh Raskin - Nephron Research Ben Hendrix - RBC Joanna Gajuk - Bank of America Audra Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Brookdale S ...