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Brookdale Senior Living, Inc. - BKD STOCK NEWS

Welcome to our dedicated page for Brookdale Senior Living news (Ticker: BKD), a resource for investors and traders seeking the latest updates and insights on Brookdale Senior Living stock.

Brookdale Senior Living Inc. (NYSE: BKD) is the leading operator of senior living communities across the United States, dedicated to enhancing the quality of life for seniors. With a commitment to compassion, respect, excellence, and integrity, Brookdale offers a variety of living solutions tailored to meet the diverse needs of its residents. The company operates 652 communities in 41 states as of March 31, 2024, serving approximately 59,000 residents.

Brookdale's core services are segmented into Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The majority of its revenue is generated from the Assisted Living and Memory Care segment, where residents receive housing and assistance with daily activities. Brookdale also offers a range of outpatient therapy, home health, and hospice services through its ancillary services program.

The company has made significant strides in its operational and financial performance. Recent achievements include improved consolidated occupancy rates and successful execution of strategic priorities, paving the way for future growth. Financially, Brookdale continues to strengthen its position by completing key financing transactions that have refinanced debt maturities, and by reporting strong quarterly results.

Brookdale’s expertise spans healthcare, hospitality, and real estate, providing residents with a comprehensive environment that promotes wellness, social connection, and personal growth. The company's communities are purpose-built to offer high-quality care and living accommodations, ensuring a home-like atmosphere for its residents.

For the latest updates on Brookdale’s financial performance and developments, visit the company’s investor relations page or connect with them on social media platforms like Facebook and YouTube.

News

Brookdale Reports February 2024 Occupancy

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Brookdale Senior Living Inc. (BKD) reported a 160 basis points increase in weighted average occupancy for February 2024 compared to the previous year. The company achieved twenty-eight consecutive months of year-over-year growth. However, first quarter-to-date 2024 occupancy decreased slightly compared to the full fourth quarter of 2023. Brookdale anticipates reporting first quarter results in the top-half of its guidance ranges.
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Brookdale to Present at Citi's 2024 Global Property CEO Conference and Barclays Global Healthcare Conference in March 2024

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Brookdale Senior Living Inc. (NYSE: BKD) will participate in Citi's 2024 Global Property CEO Conference on March 4, 2024, and Barclays Global Healthcare Conference on March 12, 2024. The Company's management will present at these events, with webcasts accessible on their website.
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Brookdale Announces Fourth Quarter and Full Year 2023 Results

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Brookdale Senior Living Inc. (BKD) reported strong financial results for the quarter and full year ended December 31, 2023, with significant increases in same community occupancy, revenue, and operating income. The company also improved net cash provided by operating activities and Adjusted Free Cash Flow. Despite challenges like natural disasters and lease terminations, Brookdale remains focused on growth and value creation.
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Brookdale Announces Details of Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call

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Brookdale Senior Living Inc. (BKD) is set to release its Q4 and full-year 2023 financial results on February 20, 2024, followed by a conference call on February 21, 2024, to discuss the results. The webcast of the call will be available at brookdaleinvestors.com, with a replay option until February 28, 2024.
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Brookdale Reports December 2023 Occupancy

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Brookdale Senior Living Inc. (NYSE: BKD) reported a strong performance in its consolidated occupancy for December 2023, with a fourth quarter 2023 weighted average occupancy increase of 80 basis points compared to the third quarter 2023, reaching 78.4%. The company achieved twenty-six consecutive months of year-over-year weighted average occupancy growth, with December's weighted average occupancy increasing 130 basis points year-over-year and growing nearly 900 basis points since the start of the recovery in March 2021.
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Brookdale Announces Beneficial Financing Transactions; Successfully Extends Debt Maturities

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Brookdale Senior Living Inc. (NYSE: BKD) has completed two financing transactions, refinancing all remaining 2024 debt maturities and making significant progress on a financing transaction involving eleven unencumbered owned communities. The company also sold its remaining 20% equity interest in its Health Care Services unconsolidated venture, receiving aggregate proceeds of approximately $27 million.
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Brookdale Reports November 2023 Occupancy

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Brookdale Senior Living Inc. (NYSE: BKD) reported a 140 basis points increase in weighted average occupancy for November 2023, reaching 78.4%. The company achieved twenty-five consecutive months of year-over-year weighted average occupancy growth. Additionally, November move-ins and move-outs were favorable compared to October 2023.
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Brookdale Announces Third Quarter 2023 Results

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Brookdale Senior Living Inc. (NYSE: BKD) announced its third-quarter results for 2023. Key highlights include a sequential increase in weighted average occupancy, growth in same community weighted average occupancy and revenue per available unit (RevPAR) and revenue per occupied unit (RevPOR), and improvements in leadership retention and associate turnover. The company's net income and Adjusted EBITDA decreased compared to the same period last year. Liquidity decreased, but total liquidity as of September 30, 2023, was $405.4 million. The company provided guidance for the fourth quarter of 2023, expecting growth in RevPAR and Adjusted EBITDA.
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Brookdale to Present at the 2023 Stephens Annual Investment Conference

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Brookdale Senior Living Inc. (NYSE: BKD) announced that its President and CEO, Lucinda Baier, and CFO, Dawn Kussow, will participate in the 2023 Stephens Annual Investment Conference on November 15, 2023. The fireside chat will be held at 9:00 am CST and can be accessed through the company's website. A replay of the webcast will be available until January 31, 2024.
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Brookdale Announces Date of Third Quarter 2023 Earnings Release and Conference Call

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Brookdale Senior Living Inc. plans to release its Q3 2023 financial results on November 6 and discuss them on a conference call on November 7.
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FAQ

What is the current stock price of Brookdale Senior Living (BKD)?

The current stock price of Brookdale Senior Living (BKD) is $4.63 as of January 31, 2025.

What is the market cap of Brookdale Senior Living (BKD)?

The market cap of Brookdale Senior Living (BKD) is approximately 924.3M.

What services does Brookdale Senior Living offer?

Brookdale offers Independent Living, Assisted Living, Memory Care, and Continuing Care Retirement Communities (CCRCs), along with outpatient therapy, home health, and hospice services.

How many communities does Brookdale operate?

As of March 31, 2024, Brookdale operates 652 communities in 41 states, serving approximately 59,000 residents.

Where can I find Brookdale’s latest financial results?

Brookdale’s latest financial results can be found on their investor relations page at brookdaleinvestors.com.

What is Brookdale’s mission?

Brookdale’s mission is to enrich the lives of the people it serves with compassion, respect, excellence, and integrity.

How does Brookdale generate its revenue?

Brookdale generates revenue through resident fees for the services provided and management fees from certain contracted communities.

What is the ticker symbol for Brookdale Senior Living?

Brookdale’s stock trades on the New York Stock Exchange under the ticker symbol BKD.

Does Brookdale offer career opportunities?

Yes, Brookdale offers a variety of career opportunities. You can find more information on their website at brookdale.com.

What makes Brookdale’s communities unique?

Brookdale’s communities are designed to provide high-quality care and living accommodations, promoting wellness, social connection, and personal growth in a home-like environment.

How can I contact Brookdale Senior Living?

You can contact Brookdale Senior Living through their website at brookdale.com or connect with them on Facebook and YouTube.

Where can I find more information about Brookdale?

More information about Brookdale can be found on their website at brookdale.com and on their social media pages on Facebook and YouTube.
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Brookdale Senior Living, Inc.

NYSE:BKD

BKD Rankings

#2634 Ranked by Market Cap
N/A Ranked by Dividends

BKD Stock Data

924.35M
191.62M
3.8%
106.94%
4.03%
Medical Care Facilities
Services-nursing & Personal Care Facilities
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United States
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