Brookdale Senior Living Inc. (BKD) reported its Q1 revenue at $764.9 million, falling short of the FactSet estimate of $771.2 million. The company operates 665 senior living communities across 41 states, offering independent living, assisted living, memory care, and continuing care retirement communities. Recent news includes board changes, analyst ratings, occupancy reports, and debt refinancing.
Vanguard Group Inc. reduced its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 0.3% in the third quarter, selling 68,952 shares and holding over 22.1 million shares valued at $187.3 million. The article also details other institutional investor activity, Brookdale's recent financial performance showing a slight miss on EPS but beating revenue expectations, and a summary of recent analyst ratings, which collectively give the stock a "Moderate Buy" consensus.
The average one-year price target for Brookdale Senior Living (BKD) has been increased by 35.77% to $17.03 per share, up from $12.55. This new target represents a 14.51% increase from the last closing price of $14.88. Institutional ownership analysis shows a decrease in the number of funds holding BKD, but a slightly bullish outlook from the put/call ratio.
