Welcome to our dedicated page for Brookdale Sr Living news (Ticker: BKD), a resource for investors and traders seeking the latest updates and insights on Brookdale Sr Living stock.
Brookdale Senior Living, Inc. (NYSE: BKD) is a large U.S. operator of senior living communities, with a portfolio that includes independent living, assisted living, memory care, and continuing care retirement communities. The BKD news feed on Stock Titan aggregates company-issued updates and other coverage so readers can follow how Brookdale’s operations, occupancy, and capital structure evolve over time.
Brookdale regularly publishes occupancy updates, detailing consolidated and same community weighted average occupancy, month-end occupancy, and sequential and year-over-year changes. These monthly and quarterly occupancy reports provide insight into resident demand, move-in and move-out trends, and seasonal patterns across its communities.
The company also issues earnings releases that discuss quarterly financial results, including resident fees, facility operating expenses, general and administrative expenses, and non-GAAP measures such as Adjusted EBITDA and Adjusted Free Cash Flow. These releases often include commentary on portfolio dispositions, lease transitions, and liquidity metrics.
In addition, Brookdale news includes financing announcements, such as mortgage loans and credit facilities secured by first mortgages on senior living communities, along with information on refinancing upcoming debt maturities and the mix of fixed-rate and variable-rate obligations. Leadership and governance developments, including the appointment of a Chief Executive Officer and a Chief Operating Officer, are reported through press releases and corresponding Form 8-K filings.
Investors, analysts, and others interested in the senior living sector can use this BKD news page to review a chronological record of Brookdale’s publicly reported occupancy trends, financial updates, capital markets activity, and executive changes. Bookmark this page to quickly access new Brookdale Senior Living announcements as they are released.
Brookdale Senior Living (BKD) reported its Q2 2022 results, highlighting a 10.3% year-over-year increase in RevPAR and a 410 basis points rise in occupancy to 74.6%. The company achieved a 10% workforce increase since the start of the year, aided by a decrease in contract labor. It also accepted approximately $60 million in Provider Relief Fund grants. However, the company’s net loss was $84.3 million, showing a 9.2% increase in resident fee revenue but a 5% decline in total resident fee revenue due to previous community dispositions.
Brookdale Senior Living Inc. (BKD) will release its Q2 2022 financial results after market close on August 8, 2022. A conference call to discuss these results is scheduled for August 9, 2022, at 9:00 AM ET. As a leading operator of senior living communities, Brookdale currently manages 674 communities across 41 states, serving over 60,000 residents. This earnings release is anticipated by investors looking for insights into the company's financial performance and future outlook.
Broadening its occupancy metrics, Brookdale Senior Living Inc. (NYSE: BKD) reported an increase in consolidated occupancy for June 2022. Weighted average occupancy rose by 60 basis points sequentially and 410 basis points year-over-year, marking the highest growth in over a decade for any second quarter. The month-end occupancy also saw a boost of 40 basis points. Brookdale operates 674 communities in 41 states, serving over 60,000 residents.
Brookdale Senior Living Inc. (NYSE: BKD) reported significant improvements in its May 2022 occupancy metrics. The company experienced a sequential increase in weighted average occupancy by 70 basis points and a month-end occupancy rise of 90 basis points. This marks the seventh consecutive month of year-over-year occupancy growth. Additionally, Brookdale achieved over 2,000 move-ins during May, highlighting its ongoing recovery and demand for senior living services.
Brookdale Senior Living Inc. (NYSE: BKD) announced that its CEO, Lucinda "Cindy" Baier, will participate in the Jefferies Healthcare Conference on June 9, 2022, starting at 8:00 am ET. The discussion will be accessible via live webcast on the Company's investor website. A replay will be available until August 8, 2022. Brookdale operates 678 senior living communities across 41 states, serving over 60,000 residents, emphasizing its commitment to enriching lives with compassion and respect.
Brookdale Senior Living (BKD) reported significant first quarter 2022 results, with revenue per available unit (RevPAR) rising 11.0% year-over-year to $4,037. The company experienced a 380 basis point increase in weighted average occupancy, reaching 73.4%. Senior housing resident fee revenue increased by 10.3% year-over-year to $637 million. However, the net loss for the quarter was reported at $100 million. Adjusted EBITDA increased by 6.3% to $37.2 million. Brookdale maintains a total liquidity of $475.9 million and aims for RevPAR growth of 10%-12% for the full year 2022.
Brookdale Senior Living Inc. (NYSE: BKD) will have its President and CEO, Lucinda Baier, participating in the RBC Capital Markets 2022 Global Healthcare Conference on May 18, 2022, starting at 8:30 am ET. Investors can access the live webcast on the company’s website or through this link. A replay will be available until June 8, 2022. Brookdale operates and manages 678 communities across 41 states, serving over 60,000 residents.
Brookdale Senior Living Inc. (NYSE: BKD) will release its first quarter 2022 financial results after market close on May 5, 2022. A conference call to discuss these results is scheduled for May 6, 2022, at 9:00 AM ET. The company operates 678 communities across 41 states and serves over 60,000 residents. Investors can participate in the call or access a replay afterward. More details and the webcast link are available on Brookdale's investor relations page.
Brockdale Senior Living Inc. (NYSE: BKD) reported a rise in consolidated occupancy for March 2022. The company noted a 30 basis point increase in sequential weighted average occupancy and a 60 basis point month-end occupancy growth. This first quarter marked the best sequential occupancy change in a decade, despite typical seasonal declines. Notably, over 2,000 move-ins occurred in March, the highest since August 2019.
BROOKDALE Senior Living Inc. (NYSE: BKD) announced positive trends in occupancy for February 2022. The company reported a fourth consecutive month of year-over-year weighted average occupancy growth since the pandemic started. Notably, Brookdale recorded net move-ins exceeding move-outs for the first time since 2014, while the weighted average occupancy remained stable, dropping only 10 basis points during the month. Since initiating its turnaround in February 2021, the weighted average occupancy has increased by 390 basis points.
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