Brookdale Reports September 2024 Occupancy
Brookdale Senior Living Inc. (NYSE: BKD) has reported its consolidated occupancy for September 2024, showing positive trends in the senior living sector. Key highlights include:
- September weighted average occupancy increased by 30 basis points to 79.2%, with month-end occupancy reaching 80.5%.
- The company achieved its 35th consecutive month of year-over-year weighted average occupancy growth.
- Third quarter weighted average occupancy improved by 130 basis points compared to Q3 2023 and 80 basis points compared to Q2 2024.
- Third quarter move-ins and move-outs were favorable compared to the second quarter.
Brookdale operates 648 communities across 41 states, serving approximately 58,000 residents through independent living, assisted living, memory care, and continuing care retirement communities.
Brookdale Senior Living Inc. (NYSE: BKD) ha riportato la sua occupazione consolidata per settembre 2024, mostrando tendenze positive nel settore della vita senior. I punti salienti includono:
- Il tasso medio di occupazione pesato a settembre è aumentato di 30 punti base al 79,2%, con un'occupazione di fine mese che ha raggiunto l'80,5%.
- L'azienda ha raggiunto il suo 35° mese consecutivo di crescita dell'occupazione media pesata rispetto all'anno precedente.
- L'occupazione media pesata del terzo trimestre è migliorata di 130 punti base rispetto al Q3 2023 e di 80 punti base rispetto al Q2 2024.
- I trasferimenti in entrata e in uscita nel terzo trimestre sono stati favorevoli rispetto al secondo trimestre.
Brookdale gestisce 648 comunità in 41 stati, servendo circa 58.000 residenti attraverso comunità di vita indipendente, assistita, di cura della memoria e di assistenza continuativa per pensionati.
Brookdale Senior Living Inc. (NYSE: BKD) ha reportado su ocupación consolidada para septiembre de 2024, mostrando tendencias positivas en el sector de vida para personas mayores. Los aspectos destacados incluyen:
- La ocupación media ponderada de septiembre aumentó en 30 puntos básicos al 79,2%, con una ocupación de fin de mes que alcanzó el 80,5%.
- La empresa logró su 35.º mes consecutivo de crecimiento de la ocupación media ponderada en comparación con el año anterior.
- La ocupación media ponderada del tercer trimestre mejoró en 130 puntos básicos en comparación con el Q3 2023 y en 80 puntos básicos en comparación con el Q2 2024.
- Los mudanzas en el tercer trimestre fueron favorables en comparación con el segundo trimestre.
Brookdale opera 648 comunidades en 41 estados, sirviendo aproximadamente a 58,000 residentes a través de comunidades de vida independiente, asistida, de cuidado de la memoria y de atención continua para jubilados.
브룩데일 시니어 리빙 주식회사(Brookdale Senior Living Inc., NYSE: BKD)는 2024년 9월의 통합 점유율을 보고하며 시니어 리빙 부문의 긍정적인 추세를 보여주었습니다. 주요 사항은 다음과 같습니다:
- 9월 가중 평균 점유율은 30bp 증가하여 79.2%에 도달했으며, 월말 점유율은 80.5%에 이르렀습니다.
- 회사는 35개월 연속으로 전년 대비 가중 평균 점유율 성장을 달성하였습니다.
- 3분기 가중 평균 점유율은 2023년 3분기 대비 130bp, 2024년 2분기 대비 80bp 개선되었습니다.
- 3분기의 입주자 수와 이주자는 2분기 대비 긍정적이었습니다.
브룩데일은 41개 주에 648개의 커뮤니티를 운영하며, 독립 생활, 보조 생활, 기억 관리 및 지속적 관리 은퇴 커뮤니티를 통해 약 58,000명의 거주자를 제공합니다.
Brookdale Senior Living Inc. (NYSE: BKD) a annoncé son taux d'occupation consolidé pour septembre 2024, montrant des tendances positives dans le secteur de la vie pour seniors. Les faits saillants incluent:
- La moyenne pondérée d'occupation de septembre a augmenté de 30 points de base à 79,2%, avec un taux d'occupation en fin de mois atteignant 80,5%.
- L'entreprise a réalisé son 35ème mois consécutif de croissance de la moyenne pondérée d'occupation par rapport à l'année précédente.
- La moyenne pondérée d'occupation du troisième trimestre s'est améliorée de 130 points de base par rapport au T3 2023 et de 80 points de base par rapport au T2 2024.
- Les déménagements du troisième trimestre ont été favorables par rapport au deuxième trimestre.
Brookdale exploite 648 communautés à travers 41 états, servant environ 58 000 résidents via des résidences autonomes, assistées, de soins mémoire et des communautés de retraite avec soins continus.
Brookdale Senior Living Inc. (NYSE: BKD) hat die konsolidierte Belegungszahl für September 2024 veröffentlicht und zeigt positive Trends im Senior Living-Sektor. Wesentliche Highlights sind:
- Die gewichtete durchschnittliche Belegung im September stieg um 30 Basispunkte auf 79,2%, wobei die Belegung zum Monatsende 80,5% erreichte.
- Das Unternehmen erzielte im 35. Monat in Folge ein jährliches Wachstum der gewichteten durchschnittlichen Belegung.
- Die gewichtete durchschnittliche Belegung im dritten Quartal verbesserte sich um 130 Basispunkte im Vergleich zum Q3 2023 und um 80 Basispunkte im Vergleich zum Q2 2024.
- Die Umzüge im dritten Quartal waren im Vergleich zum zweiten Quartal günstig.
Brookdale betreibt 648 Gemeinschaften in 41 Bundesstaaten und betreut etwa 58.000 Bewohner durch unabhängiges Leben, betreutes Wohnen, Gedächtnispflege und fortlaufende Pflege für Senioren.
- September weighted average occupancy increased 30 basis points to 79.2%
- Month-end occupancy grew to 80.5%
- 35 consecutive months of year-over-year weighted average occupancy growth
- Q3 weighted average occupancy up 130 basis points vs Q3 2023
- Q3 weighted average occupancy up 80 basis points vs Q2 2024
- Favorable Q3 move-ins and move-outs compared to Q2
- None.
Insights
Brookdale's September occupancy report shows positive momentum in the senior living sector. The 30 basis point increase in weighted average occupancy to
The 130 basis point increase in Q3 occupancy compared to Q3 2023 suggests stronger demand for senior living services. Favorable move-ins and move-outs in Q3 versus Q2 point to effective marketing and resident retention strategies. With 648 communities and capacity for 58,000 residents, Brookdale's scale positions it well to capitalize on the aging demographic trend.
However, occupancy still lags pre-pandemic levels, indicating room for further recovery. Investors should monitor ongoing occupancy trends, pricing power and cost management to assess Brookdale's profitability potential as occupancy improves.
Brookdale's occupancy improvements are encouraging for its financial outlook. The sequential and year-over-year gains suggest potential for revenue growth and improved operational leverage. With each percentage point of occupancy typically translating to significant revenue, the 130 basis point year-over-year increase in Q3 could materially impact top-line performance.
The consistent occupancy growth trend is likely to positively affect cash flow and EBITDA margins. However, investors should consider potential offsetting factors such as wage pressures and inflationary impacts on operating costs. The company's ability to increase rates in line with occupancy gains will be important for profitability.
With a market cap of
NASHVILLE, Tenn., Oct. 8, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for September 2024.
September 2024 Observations:
- September weighted average occupancy increased 30 basis points sequentially to
79.2% , while month end occupancy grew to80.5% . - 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.
About Brookdale Senior Living
Brookdale Senior Living Inc. is the nation's premier operator of senior living communities. The Company is committed to its mission of enriching the lives of the people it serves with compassion, respect, excellence, and integrity. The Company, through its affiliates, operates independent living, assisted living, memory care, and continuing care retirement communities. Through its comprehensive network, Brookdale helps to provide seniors with care, connection, and services in an environment that feels like home. The Company's expertise in healthcare, hospitality, and real estate provides residents with opportunities to improve wellness, pursue passions, make new friends, and stay connected with loved ones. Brookdale, through its affiliates, operates and manages 648 communities in 41 states as of September 30, 2024, with the ability to serve approximately 58,000 residents. Brookdale's stock trades on the New York Stock Exchange under the ticker symbol BKD. For more information, visit brookdale.com or connect with Brookdale on Facebook or YouTube.
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SOURCE Brookdale Senior Living Inc.
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