Brookdale Senior Living (NYSE:BKD) 2026 Investor Day January 30, 2026 10:00 AM ET Company ParticipantsA.J. Rice - Managing DirectorAndrew Mok - DirectorBen Hendrix - VPDawn Kussow - CFOMary Sue Patchett - COOMike Grant - VP of Investor RelationsNick Stengle - CEONone - Video NarratorConference Call ParticipantsBrian Tanquilut - Senior Equity Research AnalystDavid Larsen - Managing Director and AnalystJoanna Gajuk - Equity Research AnalystJosh Raskin - Research AnalystMike GrantGood morning, everybody, and t ...

January 30, 2026 Forward-Looking Statements — Safe Harbor Certain statements in this Investor Presentation and the associated Investor Day event may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to various risks and uncertainties and include all statements that are not historical statements of fact and those regarding our intent, belief, or expectations. Forward- looking statements are generally ...

We recently published 10 Big Names With Explosive Gains.  Brookdale Senior Living Inc. (NYSE:BKD) was one of the top performers on Thursday. Brookdale Senior Living extended its winning streak to a third consecutive day on Thursday to hit a new eight-year high, as investors took path from an investment firm’s 31 percent price target upgrade for its stock. At intra-day trading, the stock jumped to its highest price of $14.63 before trimming gains to end the day just up by 10.60 percent at $14.50 apiece. ...

Core Insights - Investors are encouraged to adopt an active stock selection strategy by monitoring breakout opportunities within defined price ranges, exiting stocks that fall below lower trading bands and holding those that rise above upper bands [1] Group 1: Breakout Stocks - Brookdale Senior Living Inc. (BKD), Itaú Unibanco Holding S.A. (ITUB), and Vale S.A. (VALE) are identified as potential breakout stocks for 2026, having shown significant gains in 2025: BKD up 114.6%, ITUB up 63.6%, and VALE up 46.9% [2][8] - BKD operates senior living communities in the U.S. and has a Zacks Rank of 2, with an expected earnings growth rate of 56.8% for the current quarter [9] - ITUB provides financial products and services in Brazil and internationally, holding a Zacks Rank of 1, with an expected earnings growth rate of 13.2% for the current year [10] - VALE produces iron ore and nickel globally, also holding a Zacks Rank of 1, with an expected earnings growth rate of 13.7% for the current year [11] Group 2: Screening Criteria - The screening criteria for identifying breakout stocks include a percentage price change over four weeks between 10% and 20%, current price within 90% of the 52-week high, Zacks Rank of 1 or 2, beta for 60 months less than or equal to 2, and a current price less than or equal to $20 [7][8]

Group 1: Investment Recommendations - Bank of America has identified several stocks well-positioned for the upcoming earnings season, including Amazon.com Inc., Brookdale Senior Living Inc., Corning Inc., Vertiv Holdings Co., and Carvana Co. [1] - Amazon is highlighted as a compelling investment due to its potential for valuation improvement, particularly if AWS revenue growth accelerates and AI capabilities are strengthened [2][3] - Brookdale Senior Living has been upgraded to a buy rating, benefiting from an aging population, with shares rising nearly 13% this year [4] - Carvana is recognized for its growth potential, driven by innovation and new initiatives, with its stock up 6% this year [5] - Corning has been rated a buy, supported by a favorable balance of glass supply and demand, and expected growth from carrier spending and Gen AI in the Optical market [6] - Vertiv is expected to benefit from margin recovery and improved free cash flow, with increased demand for its thermal management products due to AI adoption in data centers [7] Group 2: Market Trends and Earnings Outlook - The tech industry is anticipated to have a strong Q4 earnings season, with predictions of impressive earnings from tech giants like Amazon, Microsoft, and Alphabet, driven by demand for AI enterprise services [8] - The upgrade of Brookdale Senior Living reflects strong growth potential in the senior housing sector, despite challenges in the healthcare landscape [9] - Corning's strong Q3 results, with core sales up 14% year over year and enterprise sales in Optical Communications surging 58%, highlight ongoing shifts in digital infrastructure and materials science sectors [10]

Company Overview - Brookdale Senior Living Inc. is the premier operator of senior living communities in the United States, with 584 communities across 41 states as of December 31, 2025 [3] - The company serves approximately 51,000 residents and offers various living options including independent living, assisted living, memory care, and continuing care retirement communities [3] - Brookdale is dedicated to enriching the lives of seniors through compassionate care, clinical expertise, and exceptional service, guided by its core values of passion, courage, partnership, and trust [3] Upcoming Event - Brookdale will host an Investor Day meeting in Nashville, TN on January 30, 2026, starting at approximately 9:00 a.m. Central Time and concluding around 12:00 p.m. [1] - The event will feature presentations from members of Brookdale's executive team and will be webcast live [1] - A replay of the webcast will be available on the company's investor relations website after the event [2]

Core Insights - Brookdale Senior Living Inc. (BKD) reported a weighted average occupancy of 82.4% for December 2025, reflecting a 310 basis points increase year-over-year but a slight decline of 10 basis points from November 2025 [1] Group 1: Occupancy and Capacity - In Q4 2025, BKD's weighted average occupancy reached 82.5%, up from 79.4% a year ago and 81.8% in Q3 2025, indicating consistent growth throughout 2025 [2] - The company has the capacity to serve approximately 51,000 residents across 41 states [2] - BKD has improved its occupancy significantly from a pandemic low of 69.4% in March 2021, aiming to enhance operational efficiency and profitability [5] Group 2: Financial Performance - Resident fee revenues increased by 4.5% year-over-year in the first nine months of 2025, with expectations for continued growth [3] - For 2025, BKD forecasts a 5.25-6% increase in average monthly senior housing resident fee revenue per available unit (RevPAR) and adjusted EBITDA in the range of $455 million to $460 million [3][10] Group 3: Earnings Estimates - The Zacks Consensus Estimate for BKD's Q4 2025 earnings is a loss of 16 cents per share, reflecting a 5.8% year-over-year improvement, although the company has struggled to meet earnings estimates consistently [4] - BKD has met earnings estimates only once in the past four quarters, with an average surprise of 37.1% [4]

Financial Performance - The financial results for the quarter ended December 31, 2025, will be included in the upcoming press release[8] - Future outlook and performance guidance will be discussed in the detailed financial report[8] Compliance and Regulations - The report was filed on January 12, 2026, indicating timely compliance with SEC regulations[3] - The company is not classified as an emerging growth company, indicating it has opted for full compliance with financial accounting standards[7] - The company is focused on maintaining transparency in its financial reporting as per SEC guidelines[9] Company Information - Brookdale Senior Living Inc. announced consolidated occupancy for December 2025, with specific figures to be detailed in the press release[8] - The company is listed on the New York Stock Exchange under the trading symbol BKD[6] - The executive team, including Dawn L. Kussow as CFO, is responsible for the financial disclosures[14] Data and Insights - The press release will provide insights into user data and performance metrics for the last quarter[8] - The report includes an interactive data file for enhanced financial analysis[11]

Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, with 584 communities across 41 states, serving approximately 51,000 residents as of December 31, 2025 [1] - The company offers a range of 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 exceptional service and care, guided by core values of passion, courage, partnership, and trust [1] Occupancy Results - The consolidated weighted average occupancy for the fourth quarter was 82.5%, reflecting a 70 basis point increase from the third quarter of 2025 and a 310 basis point increase year-over-year [4] - In December, the weighted average occupancy was 82.4%, which also marked a 310 basis point increase year-over-year and a 30 basis point increase sequentially, driven by strong move-in and move-out activity [4] - The sequential weighted average occupancy saw a slight decrease of 10 basis points, which is an improvement compared to the historical seasonal trend of approximately 30 basis points decline [4]

Core Viewpoint - Brookdale Senior Living Inc. has successfully completed financing transactions totaling approximately $600 million, refinancing its mortgage debt and strengthening its balance sheet while mitigating future interest rate risk [1][2]. Financing Transactions - The company refinanced approximately $350 million of its remaining 2026 mortgage debt maturities and about $200 million of its 2027 mortgage debt maturities [1]. - The refinancing resulted in a higher proportion of fixed-rate debt, with the blended interest rate of the new loans remaining comparable to the previous loans [1]. - Annual net interest expense is not expected to be significantly impacted by these refinancing transactions [1]. Specific Loan Details - In December 2025, Brookdale secured $245.8 million from Capital One in a Fannie Mae Credit Facility, with 90% of the loan at a fixed rate of 5.69% and interest-only for the first five years, maturing in January 2036 [3]. - An additional $146.1 million was obtained through Freddie Mac loans, bearing a fixed interest rate of 5.48%, interest-only for the first two years, maturing in January 2033 [4]. - Brookdale also completed a $205.0 million non-recourse financing from Capital One, with a variable interest rate and options for future loan proceeds [6]. Debt Repayment - The proceeds from the agency financing transactions were used to repay $398.9 million of existing mortgage debt scheduled to mature in 2026 and 2027 [5]. Company Overview - Brookdale Senior Living Inc. operates 584 communities across 41 states, serving approximately 51,000 residents as of December 31, 2025 [7]. - The company focuses on enriching the lives of seniors through various living solutions, including independent living, assisted living, memory care, and continuing care retirement communities [7].