Brookdale Senior Living Inc. (BKD) recently announced that its third-quarter 2024 weighted average occupancy grew 130 basis points (bps) from the year-ago level to 78.9%. The weighted average occupancy for the first and second quarters increased 160 bps year over year each. While its August 2024 weighted average occupancy grew 130 bps year over year to a new high (78.9%) for the company since it started on the recovery path in March 2021, the same for September grew 30 bps sequentially and 100 bps from a ye ...

September weighted average occupancy increased 30 basis points sequentially to 79.2%, while month end occupancy grew to 80.5%. September represents the Company's thirty-fifth consecutive month of year-over-year weighted average occupancy growth. Third quarter weighted average occupancy increased 130 basis points when compared to the third quarter of 2023, and 80 basis points when compared to the second quarter of 2024. Third quarter move-ins and move-outs were favorable sequentially to the second quarter. A ...

Brookdale Senior Living's (BKD, Financial) stock experienced significant volatility with a sharp drop of 5.04%. The stock currently trades at $5.65 per share, with a trading volume of 1.346 million shares, a turnover rate of 0.68%, and a price fluctuation of 5.88%. The company's latest financial report shows a revenue of $778 million and a net loss of $37.73 million, resulting in an earnings per share of -$0.17. The price-to-earnings ratio stands at -6.17. Of the four institutions providing ratings, 50% rec ...

Brookdale Senior Living (BKD, Financial) recently experienced a significant stock decline, with a drop of 5.14% in its share price. The current stock price is $6.28 per share, with a trading volume of 829,865 shares, and a turnover rate of 0.42%. The stock experienced a price swing of 4.68%. The company's latest financial report showed operating revenue of $778 million with a net loss of $37.73 million, translating to earnings per share of -$0.17. The price-to-earnings ratio stands at -6.85. Among the analy ...

Brookdale Senior Living Inc. (BKD) recently made significant financial and strategic moves to improve its capital structure and expand its real estate ownership. It has agreed to acquire 41 communities while taking debt refinancing measures. The company addressed 83% of its 2026 debt maturities through financing led by Deerfield Management. Let's delve deeper. BKD agreed to buy 41 senior living communities, currently leased through three triple-net lease portfolios, for a total price of $610 million. These ...

Announces private convertible senior notes transaction through exchange and new subscription agreements Transactions accretive to 2025 Adjusted EBITDA and Adjusted Free Cash Flow NASHVILLE, Tenn., Sept. 30, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that in a financing led by Deerfield Management, the Company is successfully addressing 83% of all 2026 debt maturities and is securing capital to support immediately accretive acquisition opportu ...

Brookdale Senior Living Inc. (BKD) recently announced that its August 2024 weighted average occupancy grew 130 basis points (bps) from the year-ago level to 78.9%. This marks a new high for the company since it started on the recovery path in March 2021. The weighted average occupancy for the first and second quarters increased 160 bps year over year each. Third quarter-to-date, the metric rose 140 bps year over year. Greater than pre-pandemic average move-in volumes and lower move-outs are expected to have ...

August weighted average occupancy increased 30 basis points sequentially to 78.9%, which is a new high since the start of the recovery in March 2021. Month end occupancy surpassed 80.0% with August closing at 80.4%. Versus the prior year, weighted average occupancy increased 130 basis points in August and 140 basis points third quarter-to-date when compared to the comparable 2023 periods. About Brookdale Senior Living Brookdale Senior Living Inc. is the nation's premier operator of senior living communities ...

Brookdale Senior Living Inc.'s (BKD) shares have declined 7% since it reported weak second-quarter 2024 results on Aug 8, 2024, after the closing bell. An elevated expense level and declining interest income affected its profits. The negatives were partially offset by the growing occupancy rate and Revenue per available unit ("RevPAR"). BKD incurred a second-quarter adjusted loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 13 cents per share and the year-ago quarter's loss of ...

I I F ■ F Matteo Colombo Investment Update Brookdale Senior Living, Inc. (NYSE:NYSE:BKD) operates a network of 652 senior living communities spread across 41 states. The company provides senior and aged care residential services to ~59,000 residents. Since my last publication on BKD in August last year, the stock has rallied 74% to the upside. I reiterated the business hold then based on numerous factors, namely: The economic realities of the company's growth weren't investment-grade in my view. It is a cap ...