Brookdale Senior Living (BKD)

• Market cap: $1.02B
• 1 day: 2.60%
• 5 days: -2.10%
• 1 month: -1.72%
• 3 months: -24.00%
• 6 months: -21.32%
• Year to date: -10.31%
• 1 year: -6.73%
• 5 years: -27.44%
• 10 years: -85.70%
• Sector: Healthcare
• Industry: Nursing & Personal Care Facilities

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

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 (-$33.5M) [Q3]

3.28% less ownership

Funds ownership: 111.27% [Q2] → 107.98% (-3.28%) [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 17% upside
• Avg. target: $7.50 46% upside
• High target: $8 56% upside

4 analyst ratings

• positive: 3 75%
• neutral: 0 0%
• negative: 1 25%

Macquarie Tao Qiu 33% 1-year accuracy 5 / 15 met price target	56% upside $8	Outperform Maintained	20 Dec 2024
RBC Capital Ben Hendrix 25% 1-year accuracy 18 / 71 met price target	56% upside $8	Outperform Reiterated	20 Dec 2024
Jefferies Brian Tanquilut 54% 1-year accuracy 7 / 13 met price target	56% upside $8	Buy Initiated	16 Oct 2024
B of A Securities Joanna Gajuk 56% 1-year accuracy 5 / 9 met price target	17% upside $6	Underperform Downgraded	7 Oct 2024