Brookdale Senior Living (BKD) Sees Stock Surge Amid Mixed Analyst Ratings

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Nov 11, 2024
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Brookdale Senior Living (BKD, Financial), a prominent player in senior care in the United States, recently witnessed its stock price surge by 5.07%. The stock reached $5.78 per share with a trading volume of 1.83 million shares, reflecting a turnover rate of 0.92% and a price fluctuation of 7.00%.

In its latest financial report, Brookdale Senior Living reported a revenue of $784 million and a net loss of $50.72 million, resulting in an earnings per share of -$0.22. The company currently does not have gross profit data available and has a price-to-earnings ratio of -6.20.

Analyst ratings for Brookdale vary, with 60% of the five participating brokerage firms recommending a buy, while 40% suggest selling. Notably, no firm advised holding the stock.

In the broader healthcare facilities sector, which saw an overall increase of 0.91%, other significant movers included Agilon Health, Inc., Newgenivf Group Limited, and The Joint Corp. Stocks like Regional Health Properties, Inc., AMN Healthcare Services, and Imac Holdings, Inc. were also notably active, with turnover rates of 8.50%, 5.66%, and 2.94% respectively. Regional Health Properties, Inc., Agilon Health, Inc., and Imac Holdings, Inc. experienced substantial price swings of 25.00%, 17.38%, and 15.75% respectively.

Brookdale Senior Living operates senior living communities across the U.S., focusing on independent living, assisted living and memory care, and continuing care retirement communities (CCR). The company primarily generates revenue through accommodation fees, supplemented by management fees for service contracts within certain communities.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.