BKD Stock Recent News

BKD's weighted average occupancy for September grows 30 bps sequentially.

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%.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale”) whereby Brookdale will acquire 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million. Brookdale has leased and operated these 18 communities since February 2003. The 18 communities include 876 units located across 10 states serving primarily assis.

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 opportunities.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale”) whereby Brookdale will acquire 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million. Brookdale has leased and operated these 18 communities since February 2003. The 18 communities include 876 units located across 10 states serving primarily assis.

NASHVILLE, Tenn., Sept. 10, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) reported today its consolidated occupancy for August 2024.

Brookdale (BKD) expects adjusted EBITDA for the third quarter in the range of $90-$95 million.

Brookdale Senior Living operates 652 senior living communities, providing care to around 59,000 residents. The stock has rallied 74% since last year, but economic realities of growth ad low profitability tell a different story. Q2 earnings show growth in revenue per occupied room and occupancy rates, but capital reallocation is poor with little compounding ability beyond here in my view.

Brookdale Senior Living Inc. (NYSE:BKD ) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants Jessica Hazel – Head-Investor Relations Cindy Baier – President and Chief Executive Officer Dawn Kussow – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin – Nephron Research Tao Qiu – Macquarie Joanna Gajuk – Bank of America Ben Hendrix – RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Brookdale Second Quarter 2024 Earnings Call.

NASHVILLE, Tenn. , Aug. 8, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced results for the quarter ended June 30, 2024.