Brookdale Senior Living Azioni (NYSE: BKD)

Ultime notizie per Brookdale Senior Living (NYSE:BKD) Azioni

Brookdale Senior Living

Brookdale Senior Living Inc operates senior living communities throughout the United States. The company has three reportable segments; Independent Living; Assisted Living and Memory Care; and Continuing Care Retirement Communities (CCRs). Majority of the revenue is generated from the Assisted Living and Memory Care segment that offers housing and assistance with activities of daily living to its customers. The company generates revenue in the form of Resident Fees which it receives in exchange for the services provided, and in the form of management fee from certain communities under contract, in exchange for the management services provided.

Brookdale Senior Living Inc. Common Stock

Brookdale Senior Living Inc

Brookdale Senior Living Inc. 7.00% Tangible Equity Units

BNY Mellon ETF Trust II BNY Mellon Dynamic Value ETF

BROOKDALE SENIOR LIVING ORD

Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Brookdale Senior Living to report an earnings per share (EPS) of $-0.17.
Investors in Brookdale Senior Living are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS missed by $0.02, leading to a 6.97% drop in the share price on the subsequent day.
Here's a look at Brookdale Senior Living's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.15</td>
<td>-0.17</td>
<td>-0.21</td>
<td>-0.21</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.17</td>
<td>-0.13</td>
<td>-0.40</td>
<td>-0.22</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-7.000000000000001%</td>
<td>-5.0%</td>
<td>-11.0%</td>
<td>7.000000000000001%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730822507_0.png" alt="eps graph" />
<h3>Tracking Brookdale Senior Living's Stock Performance</h3>
Shares of Brookdale Senior Living were trading at $6.24 as of November 04. Over the last 52-week period, shares are up 42.53%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Take on Brookdale Senior Living</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Brookdale Senior Living.
Brookdale Senior Living has received a total of 6 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $8.0, the consensus suggests a potential 28.21% upside.
<h3>Comparing Ratings with Competitors</h3>
The analysis below examines the analyst ratings and average 1-year price targets of US Physical Therapy, Auna and Concentra Group Holdings, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus among analysts is an Outperform trajectory for US Physical Therapy, with an average 1-year price target of $103.5, indicating a potential 1558.65% upside.</li>
<li>The prevailing sentiment among analysts is an Outperform trajectory for Auna, with an average 1-year price target of $13.5, implying a potential 116.35% upside.</li>
<li>The consensus among analysts is an Outperform trajectory for Concentra Group Holdings, with an average 1-year price target of $29.15, indicating a potential 367.15% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
The peer analysis summary offers a detailed examination of key metrics for US Physical Therapy, Auna and Concentra Group Holdings, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brookdale Senior Living</td>
<td>Outperform</td>
<td>4.13%</td>
<td>$204.82M</td>
<td>-10.56%</td>
</tr>
<tr>
<td>US Physical Therapy</td>
<td>Outperform</td>
<td>10.37%</td>
<td>$33.86M</td>
<td>1.46%</td>
</tr>
<tr>
<td>Auna</td>
<td>Outperform</td>
<td>18.46%</td>
<td>$427.36M</td>
<td>0.24%</td>
</tr>
<tr>
<td>Concentra Group Holdings</td>
<td>Outperform</td>
<td>2.45%</td>
<td>$138.64M</td>
<td>7.11%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Brookdale Senior Living ranks: 
- Top for Revenue Growth among peers. 
- Bottom for Gross Profit among peers. 
- Bottom for Return on Equity among peers.
<h3>Discovering Brookdale Senior Living: A Closer Look</h3>
Brookdale Senior Living Inc operates senior living communities throughout the United States. The company has three reportable segments; Independent Living; Assisted Living and Memory Care; and Continuing Care Retirement Communities (CCRs). Majority of the revenue is generated from the Assisted Living and Memory Care segment that offers housing and assistance with activities of daily living to its customers. The company generates revenue in the form of Resident Fees which it receives in exchange for the services provided, and in the form of management fee from certain communities under contract, in exchange for the management services provided.
<h3>Brookdale Senior Living's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Brookdale Senior Living displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 4.13%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Brookdale Senior Living's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -4.85%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Brookdale Senior Living's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -10.56%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.69%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 13.74, Brookdale Senior Living faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/BKD/earnings">To track all earnings releases for Brookdale Senior Living visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Insights Ahead: Brookdale Senior Living's Quarterly Earnings

WIIM

Brookdale Senior Living shares are trading higher after Jefferies initiated coverage on the stock with a Buy rating and announced a $8 price target.

Jefferies analyst Brian Tanquilut initiates coverage on Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) with a Buy rating and announces Price Target of $8.

News

Price Target

Initiation

Analyst Ratings

Jefferies Initiates Coverage On Brookdale Senior Living with Buy Rating, Announces Price Target of $8

Macquarie analyst Tao Qiu maintains Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) with a Outperform and maintains $8 price target.

Macquarie Maintains Outperform on Brookdale Senior Living, Maintains $8 Price Target

RBC Capital analyst Ben Hendrix reiterates Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) with a Outperform and maintains $9 price target.

Reiteration

RBC Capital Reiterates Outperform on Brookdale Senior Living, Maintains $9 Price Target

Wall Street started the week in the red, as traders weighed the economic and geopolitical fallout from escalating tensions in the Middle East. 
Monday marked the one-year anniversary of Hamas&#8217; October 7 attack, which triggered the <a href="https://www.benzinga.com/etfs/specialty-etfs/24/10/41210761/oil-surges-on-1-year-hamas-attack-anniversary-as-israel-mulls-iran-retaliation">ongoing war in Gaza</a>. The situation is now threatening to spread across the region, as Israel considers retaliating for last week&#8217;s missile attacks from Iran.
By 1 p.m. ET, the major indices were modestly lower, with the S&amp;P 500 down 0.5% and the Dow Jones off by 0.7%. The Nasdaq 100 also slid 0.5%. The energy sector was the only bright spot, buoyed by surging oil prices.
West Texas Intermediate (WTI) crude, as tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>), jumped over 3%, climbing to $77 per barrel. This rally marked its fifth consecutive session of gains, fueled by concerns that Israel may retaliate against Iran, a key oil producer, for its involvement in regional conflicts.
Last week&#8217;s blowout U.S. labor market data, coupled with rising oil prices and fresh stimulus measures out of China, pushed 10-year Treasury yields above 4%, setting the stage for the highest levels since late July. Investors appear increasingly wary of long-duration bonds, sending the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) down 0.6%, extending its losing streak to four sessions.
Market sentiment around the Federal Reserve&#8217;s upcoming policy decisions has also shifted. The probability of the Fed refraining from cutting interest rates next month has dropped to just 17%, according to CME FedWatch Tool, 
Rising yields weighed heavily on metals, with gold down 0.4% to $2,645 per ounce and silver dropping 1.3%. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 1.4%, trading at $63,682. 
<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,724.31</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,930.58</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,059.07</td>
<td>-0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,191.35</td>
<td>-0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:30 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent100724&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;edged down 0.5% to $570.38.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.7% to $420.90.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.5% to $485.21.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) tumbled 0.8% to $218.77.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 0.8%. The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.7%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) rallied 14% after the company announced it is currently shipping more than 100,000 graphics processors per quarter and unveiled a new suite of liquid cooling products.</li>
<li>Everest Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>) plummeted over 8% after Morgan Stanley lowered its price target on the stock from $450 to $430.</li>
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) fell nearly 2% after Bank of America downgraded the stock from Outperform to Neutral and lowered the price target from $300 to $255. </li>
<li>Bank of America also downgraded several healthcare stocks including Concentra Group Holding Parent Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CON#NYSE">CON</a>), down 4.6%; AMN Healthcare Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMN#NYSE">AMN</a>), down 1.9%; Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>), down 6% and U.S. Physical Therapy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USPH#NYSE">USPH</a>), down 2.5%.</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41207490/s-p-500-could-reach-6-300-in-12-months-says-goldman-sachs-driven-by-strong-ai-demand-and-margin-">S&amp;P 500 Could Reach 6,300 In 12 Months, Says Goldman Sachs, Driven By &#8216;Strong AI Demand&#8217; And &#8216;Margin Expansion&#8217;</a></li>
</ul>
Image was created using artificial intelligence.

Equities

Broad U.S. Equity ETFs

Commodities

Global

Econ #s

Federal Reserve

Tech

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

SMCI

iShares Trust Barclays 20+ Year Treasury Bond Fund

USPH

XLRE

Stocks Fall As Oil Prices Spike, 10-Year Yields Top 4%, Energy Sector Outperforms: What's Driving Markets Monday?

In the preceding three months, 4 analysts have released ratings for Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $8.0, with a high estimate of $9.00 and a low estimate of $6.00. A decline of 5.21% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1728306026_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Brookdale Senior Living by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joanna Gajuk</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$6.00</td>
<td>$7.75</td>
</tr>
<tr>
<td>Tao Qiu</td>
<td>Macquarie</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$8.00</td>
<td>$8.00</td>
</tr>
<tr>
<td>Ben Hendrix</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$9.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Ben Hendrix</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$9.00</td>
<td>$9.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Brookdale Senior Living. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Brookdale Senior Living compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Brookdale Senior Living's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Brookdale Senior Living's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BKD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Brookdale Senior Living analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Unveiling the Story Behind Brookdale Senior Living</h2>
Brookdale Senior Living Inc operates senior living communities throughout the United States. The company has three reportable segments; Independent Living; Assisted Living and Memory Care; and Continuing Care Retirement Communities (CCRs). Majority of the revenue is generated from the Assisted Living and Memory Care segment that offers housing and assistance with activities of daily living to its customers. The company generates revenue in the form of Resident Fees which it receives in exchange for the services provided, and in the form of management fee from certain communities under contract, in exchange for the management services provided.
<h3>A Deep Dive into Brookdale Senior Living's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Brookdale Senior Living's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 4.13%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.
Net Margin: Brookdale Senior Living's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -4.85%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Brookdale Senior Living's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -10.56%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.69%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Brookdale Senior Living's debt-to-equity ratio surpasses industry norms, standing at 13.74. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 4 Analyst Evaluations For Brookdale Senior Living

B of A Securities analyst Joanna Gajuk downgrades Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) from Neutral to Underperform and lowers the price target from $7.75 to $6.

Downgrades

B of A Securities Downgrades Brookdale Senior Living to Underperform, Lowers Price Target to $6

Diversified Healthcare Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DHC#NASDAQ">DHC</a>) shares are moving higher on Monday after the company announced it will sell 18 senior living communities to Brookdale Senior<a href="https://www.benzinga.com/wiim/24/09/41095382/diversified-healthcare-trust-shares-are-trading-higher-after-the-company-announced-it-will-sell-18-s"> Living Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>).</a>
The Details: Since February 2003, Brookdale has leased and operated these 18 senior living communities across various states which the company will now acquire for $135 million.
Chris Bilotto, CEO of Diversified Healthcare, said, &#8220;This transaction is a further implementation of our ongoing initiatives to optimize our portfolio and enhance our liquidity. The sale opportunistically monetizes this NNN portfolio at a premium valuation of over&nbsp;$150,000&nbsp;per unit. The proceeds from the transaction reflect an in-place cap rate on the lease&#8217;s annualized income of&nbsp;7.3%&nbsp;and will allow us to reduce our leverage.&#8221;
Diversified Healthcare intends to use the proceeds from this sale to pay down its $941 million of senior secured notes due January 2026.
How To Buy Diversified Healthcare Shares
By now you're likely curious about how to participate in the market for Diversified Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DHC#NASDAQ">DHC</a>) &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Diversified Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DHC#NASDAQ">DHC</a>), which is trading at $4.13 as of publishing time, $100 would buy you 24.21 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Related Link: <a href="https://www.benzinga.com/news/large-cap/24/09/41091446/cvs-health-in-focus-as-activist-investor-prepares-for-high-level-talks">CVS Health in Focus as Activist Investor Prepares for High-Level Talks</a>
DHC Price Action: At the time of writing, Diversified Healthcare Trust stock is moving 10.61% higher at $4.17 per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

Movers

What's Going On With Diversified Healthcare Trust Shares Monday?

Diversified Healthcare Trust shares are trading higher after the company announced it will sell 18 senior living communities to Brookdale Senior Living for $135 million.

<ul>
<li>The Company expects these transactions to reduce 2025 cash lease payments by $47 million, to improve 2025 Adjusted EBITDA by $33 million, and after giving effect to expected financings, to improve 2025 Adjusted Free Cash Flow by an estimated $15 million.</li>
<li>By acquiring these portfolios, Brookdale will realize predictable high-yield returns from improved capitalization terms.</li>
<li>Subsequent to these transactions, Brookdale will own 66% of its consolidated units, marking another significant step in the Company's ongoing efforts to increase its owned real estate portfolio.</li>
</ul>

Health Care

General

Brookdale Senior Living Agreed To Acquire 41 Communities (2,789 Units) From Three Current Triple-net Lease Portfolios For A Combined Purchase Price Of $610M

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.dhcreit.com&amp;esheet=54128493&amp;newsitemid=20240929035474&amp;lan=en-US&amp;anchor=Diversified+Healthcare+Trust+%28Nasdaq%3A+DHC%29&amp;index=1&amp;md5=64e7f318d9b44f6b641ec39cd1650121">Diversified Healthcare Trust (NASDAQ:</a><a href="https://www.benzinga.com/stock/DHC#NASDAQ">DHC</a>) today announced it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) ("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 assisted living residents as well as memory care residents. DHC intends to use the proceeds from the transaction to pay down its $941 million of senior secured notes due January 2026.
Chris Bilotto, President and Chief Executive Officer of DHC, made the following statement:
"This transaction is a further implementation of our ongoing initiatives to optimize our portfolio and enhance our liquidity. The sale opportunistically monetizes this NNN portfolio at a premium valuation of over $150,000 per unit. The proceeds from the transaction reflect an in-place cap rate on the lease's annualized income of 7.3% and will allow us to reduce our leverage."
The properties that Brookdale will acquire as part of the transaction include:
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Address</td>
<td colspan="1" rowspan="1">City</td>
<td colspan="1" rowspan="1">State</td>
<td colspan="1" rowspan="1">Year Built</td>
<td colspan="1" rowspan="1">Living Units</td>
</tr>
<tr>
<td colspan="1" rowspan="1">14001 W. Meeker Boulevard</td>
<td colspan="1" rowspan="1">Sun City West</td>
<td colspan="1" rowspan="1">AZ</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">46</td>
</tr>
<tr>
<td colspan="1" rowspan="1">8271 South Continental Divide Road</td>
<td colspan="1" rowspan="1">Littleton</td>
<td colspan="1" rowspan="1">CO</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">50</td>
</tr>
<tr>
<td colspan="1" rowspan="1">1416 Country Club Blvd.</td>
<td colspan="1" rowspan="1">Cape Coral</td>
<td colspan="1" rowspan="1">FL</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">42</td>
</tr>
<tr>
<td colspan="1" rowspan="1">17441 State Road 23</td>
<td colspan="1" rowspan="1">South Bend</td>
<td colspan="1" rowspan="1">IN</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">42</td>
</tr>
<tr>
<td colspan="1" rowspan="1">4004 &amp; 4012 Waldo Road</td>
<td colspan="1" rowspan="1">Midland</td>
<td colspan="1" rowspan="1">MI</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">37</td>
</tr>
<tr>
<td colspan="1" rowspan="1">1605 &amp; 1615 Fredericks Drive</td>
<td colspan="1" rowspan="1">Monroe</td>
<td colspan="1" rowspan="1">MI</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">38</td>
</tr>
<tr>
<td colspan="1" rowspan="1">3150 &amp; 3100 Old Centre Road</td>
<td colspan="1" rowspan="1">Portage</td>
<td colspan="1" rowspan="1">MI</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">93</td>
</tr>
<tr>
<td colspan="1" rowspan="1">720 &amp; 734 N. Pine Road</td>
<td colspan="1" rowspan="1">Bay City</td>
<td colspan="1" rowspan="1">MI</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">38</td>
</tr>
<tr>
<td colspan="1" rowspan="1">2445 &amp; 2485 Mc Carty Road</td>
<td colspan="1" rowspan="1">Saginaw</td>
<td colspan="1" rowspan="1">MI</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">38</td>
</tr>
<tr>
<td colspan="1" rowspan="1">1365 Crestridge Lane</td>
<td colspan="1" rowspan="1">Eagan</td>
<td colspan="1" rowspan="1">MN</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">46</td>
</tr>
<tr>
<td colspan="1" rowspan="1">305 &amp; 315 Thompson Avenue</td>
<td colspan="1" rowspan="1">West St. Paul</td>
<td colspan="1" rowspan="1">MN</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">38</td>
</tr>
<tr>
<td colspan="1" rowspan="1">2220 &amp; 2230 Farmington Drive</td>
<td colspan="1" rowspan="1">Chapel Hill</td>
<td colspan="1" rowspan="1">NC</td>
<td colspan="1" rowspan="1">1996</td>
<td colspan="1" rowspan="1">92</td>
</tr>
<tr>
<td colspan="1" rowspan="1">5300 Old William Penn Highway</td>
<td colspan="1" rowspan="1">Murrysville</td>
<td colspan="1" rowspan="1">PA</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">34</td>
</tr>
<tr>
<td colspan="1" rowspan="1">7151 Saltsburg Road</td>
<td colspan="1" rowspan="1">Penn Hills</td>
<td colspan="1" rowspan="1">PA</td>
<td colspan="1" rowspan="1">1997</td>
<td colspan="1" rowspan="1">24</td>
</tr>
<tr>
<td colspan="1" rowspan="1">1920 Ebenezer Road</td>
<td colspan="1" rowspan="1">Rock Hill</td>
<td colspan="1" rowspan="1">SC</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">41</td>
</tr>
<tr>
<td colspan="1" rowspan="1">251 Springtree Drive</td>
<td colspan="1" rowspan="1">Columbia</td>
<td colspan="1" rowspan="1">SC</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">41</td>
</tr>
<tr>
<td colspan="1" rowspan="1">511 Pearson Springs Road</td>
<td colspan="1" rowspan="1">Maryville</td>
<td colspan="1" rowspan="1">TN</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">92</td>
</tr>
<tr>
<td colspan="1" rowspan="1">2025 Caldwell Drive</td>
<td colspan="1" rowspan="1">Goodlettsville</td>
<td colspan="1" rowspan="1">TN</td>
<td colspan="1" rowspan="1">1998</td>
<td colspan="1" rowspan="1">44</td>
</tr>
</tbody>
</table>
</figure>
The transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions.

Asset Sales

Reported Earlier, Diversified Healthcare Trust Sells 18 Senior Living Communities to Brookdale for $135M, Plans to Pay Down $941M in Senior Secured Notes

Guidance

Brookdale Senior Living Sees Q3 RevPAR YoY Growth 6.25%-6.75%

Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.15) by 13.33 percent. The company reported quarterly sales of $777.541 million which missed the analyst consensus estimate of $779.164 million by 0.21 percent. This is a 3.56 percent increase over sales of $750.792 million the same period last year.

Earnings Misses

Brookdale Senior Living Q2 2024 GAAP EPS $(0.17) Misses $(0.15) Estimate, Sales $777.541M Miss $779.164M Estimate

Real Estate

Brookdale Senior Living Says June 2024 Weighted Average Occupancy Increased 140 Basis Points Over The Prior Year To 78.2%.

Momentum investing is all about the idea of following a stock&#39;s recent trend, which can be in either direction. In the &#39;long&#39; context, investors will essentially be &quot;buying high, but hoping to sell even higher.&quot; And for investors following this methodology, taking advantage of trends in a stock&#39;s price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Brookdale Senior Living (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bkd#NYSE">BKD</a>), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It&#39;s also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Brookdale Senior Living currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Set to Beat the Market?
In order to see if BKD is a promising momentum pick, let&#39;s examine some Momentum Style elements to see if this senior housing company holds up.
Looking at a stock&#39;s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It&#39;s also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For BKD, shares are up 6.55% over the past week while the Zacks Medical - Nursing Homes industry is up 2.19% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.12% compares favorably with the industry&#39;s 10.12% performance as well.
Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Brookdale Senior Living have increased 12.67% over the past quarter, and have gained 72.34% in the last year. In comparison, the S&amp;P 500 has only moved 7.37% and 26.79%, respectively.
Investors should also take note of BKD&#39;s average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, BKD is averaging 1,618,298 shares for the last 20 days.
Earnings Outlook
The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock&#39;s price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with BKD.
Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost BKD&#39;s consensus estimate, increasing from -$0.64 to -$0.52 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.
Bottom Line
Given these factors, it shouldn&#39;t be surprising that BKD is a #2 (Buy) stock and boasts a Momentum Score of B. If you&#39;re looking for a fresh pick that&#39;s set to soar in the near-term, make sure to keep Brookdale Senior Living on your short list.
<a href="https://www.zacks.com/stock/news/2297850/brookdale-senior-living-bkd-is-up-6-55-in-one-week-what-you-should-know?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_10-2297850">To read this article on Zacks.com click here.</a>

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Press Releases

Brookdale Reports May 2024 Occupancy

Brookdale Reports June 2024 Occupancy

Brookdale Announces Date of Second Quarter 2024 Earnings Release and Conference Call

Brookdale Announces Second Quarter 2024 Results

Brookdale Reports August 2024 Occupancy

Diversified Healthcare Trust Announces Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

Brookdale Senior Living to acquire 41 currently leased communities

Brookdale Reports September 2024 Occupancy

TruBridge Elects Amy O'Keefe to the Company's Board of Directors

Brookdale Announces Date of Third Quarter 2024 Earnings Release and Conference Call

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