Brookdale Senior Living
About: Brookdale Senior Living Inc operates senior living communities throughout the United States. The company has three reportable segments; Independent Living; Assisted Living and Memory Care; and Continuing Care Retirement Communities (CCRs). Majority of the revenue is generated from the Assisted Living and Memory Care segment that offers housing and assistance with activities of daily living to its customers. The company generates revenue in the form of Resident Fees which it receives in exchange for the services provided, and in the form of management fee from certain communities under contract, in exchange for the management services provided.
Employees: 36,000
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
29% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 56
13% more funds holding
Funds holding: 174 [Q2] → 196 (+22) [Q3]
2% less capital invested
Capital invested by funds: $1.47B [Q2] → $1.43B (-$33.2M) [Q3]
3.27% less ownership
Funds ownership: 111.35% [Q2] → 108.08% (-3.27%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
79% less call options, than puts
Call options by funds: $314K | Put options by funds: $1.48M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
19%
upside
Avg. target
$7.50
48%
upside
High target
$8
58%
upside
4 analyst ratings
3 positive
75%
0 neutral
0%
1 negative
25%
Macquarie Tao Qiu 13% 1-year accuracy 2 / 15 met price target | 58%upside $8 | Outperform Maintained | 20 Dec 2024 |
RBC Capital Ben Hendrix 23% 1-year accuracy 16 / 71 met price target | 58%upside $8 | Outperform Reiterated | 20 Dec 2024 |
Jefferies Brian Tanquilut 54% 1-year accuracy 7 / 13 met price target | 58%upside $8 | Buy Initiated | 16 Oct 2024 |
B of A Securities Joanna Gajuk 56% 1-year accuracy 5 / 9 met price target | 19%upside $6 | Underperform Downgraded | 7 Oct 2024 |
Financial journalist opinion
Based on 7 articles about BKD published over the past 30 days
Neutral
PRNewsWire
1 week ago
Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
NASHVILLE, Tenn. , Dec. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company's 2027 debt maturities while further increasing its liquidity.
Negative
Seeking Alpha
1 week ago
Powell Plays Grinch
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
Neutral
PRNewsWire
2 weeks ago
Brookdale Improves 2025 Cash Flows by an Expected $15+ Million through Ventas Lease Amendment with Incremental Upside in 2026 and Beyond
Maintains Operations of High-Performing, Cash Flow Positive, 65 Community Portfolio Announces Completion of Previously Announced 11 Community Portfolio Acquisition NASHVILLE, Tenn. , Dec. 19, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced that it has entered into mutually beneficial agreements with Ventas, Inc. ("Ventas") to amend its triple-net master lease arrangement.
Positive
Zacks Investment Research
3 weeks ago
Brookdale's 37-Month Growth Streak: Is BKD Stock a Safe Bet?
BKD's weighted average occupancy for November grows 10 bps sequentially.
Neutral
PRNewsWire
3 weeks ago
Brookdale Reports November 2024 Occupancy
NASHVILLE, Tenn. , Dec. 9, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for November 2024.
Positive
Seeking Alpha
3 weeks ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
Neutral
PRNewsWire
4 weeks ago
Brookdale Senior Living Comments on Master Lease with Ventas
NASHVILLE, Tenn. , Dec. 3, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") confirmed today that it did not exercise its right to renew a master lease with Ventas, Inc. ("Ventas") under the existing lease renewal terms.
Neutral
Zacks Investment Research
1 month ago
Brookdale Q3 Earnings Miss on Marketing Cost Hike, Shares Decline 18%
BKD's Q3 results reflect higher marketing costs and lower interest income. Revenues and other operating income improve 3.5% year over year, driven by increased occupancy and RevPOR.
Neutral
PRNewsWire
1 month ago
Brookdale to Present at the 2024 Stephens Annual Investment Conference
NASHVILLE, Tenn. , Nov. 11, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that Lucinda "Cindy" Baier, President and Chief Executive Officer and Dawn Kussow, Executive Vice President & Chief Financial Officer will participate in the 2024 Stephens Annual Investment Conference on Wednesday, November 20, 2024.
Neutral
Seeking Alpha
1 month ago
Brookdale Senior Living Inc. (BKD) Q3 2024 Earnings Call Transcript
Brookdale Senior Living Inc. (NYSE:BKD ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jessica Hazel - Head-Investor Relations Lucinda Baier - President and Chief Executive Officer Dawn Kussow - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Murray - RBC Capital Markets Brian Tanquilut - Jefferies Joanna Gajuk - Bank of America Joshua Raskin - Nephron Research Tao Qiu - Macquarie Operator Thank you for standing by. My name is Bailey, and I will be your conference operator today.
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