Traded as | NYSE: BKD Russell 1000 Component |
---|---|
Industry | Seniors residences |
Founded | 1970s |
Headquarters | Brentwood, Tennessee, United States of America |
Number of locations
|
1,100 |
Key people
|
Daniel A. Decker (Executive Chairman) T. Andrew Smith (CEO) Labeed S. Diab (COO) |
Revenue | US$4.97 billion (2016) |
Number of employees
|
50,100 (2016) |
Website | www |
Brookdale Senior Living is the largest owner and operator of senior living communities throughout the United States, operating over 1,100 senior living communities and retirement communities in the US.
Brookdale was established in 1978 and is based in Brentwood, Tennessee. In the late 1990s and early 2000s, Fortress Investments became the majority owner of Brookdale, holding approximately 51% of its share. Brookdale has approximately 80,000 staff members and 100,000 residents.
Brookdale offers Independent Living, Personalized Assisted Living, Memory Care for Alzheimer's disease and dementia diagnosed residents, Rehabilitation, Skilled Nursing and Home Health Services. Brookdale also offers Continuing Care Retirement Communities where residents can live without moving when they need nursing care.
Brookdale started its business with a focus on large upscale urban retirement communities located in large cities such as Chicago, New York, and Miami. These early models replicated five-star hotels like the Hyatt, Marriott's, and Hilton hotels of the modern era.
Throughout the late 1990s and early to mid-2000s, Brookdale developed several more communities that resembled earlier models, but also reflected the changing retirement trends. These new communities included Continuous Care Retirement Communities (CCRC), which house skilled nursing facilities, assisted living, independent living, and memory care facilities.
By early 2005, Brookdale had grown to approximately 90 standalone properties. During this time Fortress Investments acquired the recently bankrupt Alterra Corporation Atlerra exited bankruptcy with approximately 300 properties. This property was merged with Brookdale.
In July 2006, Brookdale announced its merger with the American Retirement Corporation (ARC Therapy). ARC operated approximately 130 properties. Fortress saw this as an opportunity to put Brookdale at the forefront of senior living, not just by sheer size but with the marrying of two of the longest-running and most successful companies in the industry. After the ARC merger, Brookdale was operating approximately 550 communities in 36 states.
In October 2009, the Wall Street Journal reported that Brookdale was buying 21 free standing properties from Sunrise Senior Living Services to acquire.
In October 2011, Brookdale agreed to acquire Horizon Bay Retirement Living, a privately-held company with approximately 90 communities.
In July 2014, Brookdale merged with Emeritus Senior Living. The merger transformed Brookdale into the only national full-spectrum senior living solutions company, with over 1,100 communities in 46 states, covering 80% of the U.S. population.
In 2013, a Brookdale facility, Glenwood Gardens in Bakersfield, California, became the focus of national media coverage when a staff member refused to give CPR, as requested by a 911 operator, to 87-year-old Loraine Bayless, a resident. Lorraine died at Glenwood of a stroke.
After Lorraine's death, Brookdale cited a policy to reporters that allegedly prohibited staff members performing CPR on residents of its independent living facilities; however, the spokesman did not provide copies of the policy to reporters. Brookdale later reversed its public position, saying that the staff member had misinterpreted the CPR policy.
Police closed the Glenwood investigation without filing any criminal charges. The Bayless family said it had no intention of suing Brookdale over Lorraine's death.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-02 | Future report Set alerts | |
Q2 2022 | 2022-08-08 | -0.45 | -0.45 |
Q1 2022 | 2022-05-05 | -0.54 | -0.54 |
Q4 2021 | 2022-02-14 | -0.44 | -0.44 |
Q3 2021 | 2021-11-04 | 0.89 | 0.89 |
Q2 2021 | 2021-08-05 | -0.45 | -0.45 |
Q1 2021 | 2021-05-06 | -0.59 | -0.59 |
Q4 2020 | 2021-02-25 | -0.24 | -0.24 |
Q3 2020 | 2020-11-04 | -0.70 | -0.70 |
Q2 2020 | 2020-08-10 | -0.59 | -0.59 |
2016-06-01 | Lower Price Target | Barclays | Equal Weight | $28.00 to $21.00 |
2016-06-01 | Lower Price Target | Barclays PLC | Equal Weight | $28.00 to $21.00 |
2016-05-29 | Reiterated Rating | Jefferies Group | Buy | |
2016-05-10 | Reiterated Rating | Jefferies Group | Buy | $29.00 |
2016-02-10 | Lower Price Target | RBC Capital | Top Pick | $37.00 to $25.00 |
2016-02-10 | Lower Price Target | Barclays | Equal Weight | $21.00 to $16.00 |
2016-02-10 | Lower Price Target | Goldman Sachs | Buy | $26.00 to $20.00 |
2016-02-10 | Lower Price Target | Goldman Sachs Group Inc. | Buy | $26.00 to $20.00 |
2016-02-10 | Lower Price Target | Royal Bank Of Canada | Top Pick | $37.00 to $25.00 |
2016-02-04 | Lower Price Target | Goldman Sachs | $30.00 to $26.00 | |
2016-01-29 | Reiterated Rating | Jefferies Group | Buy | $29.00 |
2016-01-06 | Lower Price Target | Barclays | Equal Weight | $28.00 to $21.00 |
2015-12-22 | Lower Price Target | JMP Securities | Market Outperform | $36.00 to $33.00 |
2015-11-06 | Lower Price Target | RBC Capital | Top Pick | $40.00 to $37.00 |
2015-10-08 | Reiterated Rating | Barclays | Equal Weight | $32.00 to $28.00 |
2015-10-08 | Lower Price Target | Bank of America | Buy to Neutral | $35.00 to $25.00 |
2015-10-08 | Lower Price Target | Bank of America Corp. | Buy to Neutral | $35.00 to $25.00 |
2015-10-06 | Lower Price Target | Jefferies Group | Buy | $44.00 to $40.00 |
2015-09-24 | Reiterated Rating | JMP Securities | Buy | |
2015-09-23 | Lower Price Target | JMP Securities | Market Outperform | $44.00 to $36.00 |
2015-08-06 | Reiterated Rating | Jefferies Group | Buy | $44.00 |
2015-08-05 | Lower Price Target | Barclays | Equal Weight | $38.00 to $32.00 |
2015-08-05 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2015-08-05 | Lower Price Target | RBC Capital | Top Pick | $42.00 to $40.00 |
2015-08-04 | Lower Price Target | Bank of America | Buy | $46.00 to $38.00 |
2015-06-08 | Reiterated Rating | Jefferies Group | Buy | $46.00 |
2015-06-04 | Initiated Coverage | Goldman Sachs | Buy | $45.00 |
2015-05-18 | Boost Price Target | Stifel Nicolaus | Buy | $39.50 to $40.00 |
2015-05-11 | Boost Price Target | Barclays | Equal Weight | $36.00 to $38.00 |
2015-03-20 | Boost Price Target | Jefferies Group | Buy | $41.00 to $46.00 |
2015-01-29 | Reiterated Rating | Stifel Nicolaus | Buy | $40.00 to $39.00 |
2015-01-27 | Lower Price Target | Barclays | Equal Weight | $38.00 to $36.00 |
2015-01-27 | Set Price Target | JMP Securities | Buy | $46.00 to $44.00 |
2015-01-08 | Boost Price Target | Barclays | Equal Weight | $36.00 to $38.00 |
2014-12-19 | Initiated Coverage | Wells Fargo & Co. | Outperform | |
2014-12-19 | Initiated Coverage | Wells Fargo | Outperform | |
2014-11-06 | Reiterated Rating | Deutsche Bank | Buy | $42.00 |
2014-11-06 | Reiterated Rating | Deutsche Bank AG | Buy | $42.00 |
2014-08-22 | Boost Price Target | Jefferies Group | Buy | $40.00 to $47.00 |
2014-08-19 | Boost Price Target | JMP Securities | Outperform | $40.00 to $46.00 |
2014-08-08 | Boost Price Target | Barclays | $34.00 to $36.00 | |
2014-08-08 | Boost Price Target | Stifel Nicolaus | Buy | $38.00 to $40.00 |
2014-07-16 | Initiated Coverage | Goldman Sachs | Buy | $44.00 to $34.14 |
2014-07-11 | Reiterated Rating | Deutsche Bank | Buy | $42.00 |
2014-06-05 | Downgrade | S&P Equity Research | Buy to Hold | $35.00 |
2014-06-02 | Initiated Coverage | Jefferies Group | Buy | $40.00 |
2014-05-19 | Upgrade | RBC Capital Mkts | Outperform to Top Pick | $38 to $42 |
2014-05-19 | Upgrade | RBC Capital | Outperform to Top Pick | $38.00 to $42.00 |
2014-05-13 | Reiterated Rating | Deutsche Bank | Buy | |
2014-04-24 | Reiterated Rating | Deutsche Bank | Buy | $42.00 |
2014-03-21 | Boost Price Target | Deutsche Bank | $38.00 to $42.00 | |
2014-03-11 | Boost Price Target | Barclays | $31.00 to $34.00 | |
2014-02-21 | Reiterated Rating | Deutsche Bank | Positive | |
2014-02-07 | Boost Price Target | Deutsche Bank | Buy | $37.00 to $38.00 |
2013-12-05 | Reiterated Rating | Deutsche Bank | Buy | $36.00 to $35.00 |
2013-11-08 | Reiterated Rating | Deutsche Bank | Buy | $36.00 to $34.00 |
2013-05-03 | Reiterated | Stifel | Buy | $31 to $35 |
2012-10-01 | Reiterated | Stifel Nicolaus | Buy | $24 to $27 |
2012-02-07 | Upgrade | Stifel Nicolaus | Hold to Buy | $25 |
2011-08-17 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2011-02-25 | Reiterated | Stifel Nicolaus | Buy | $25 to $30 |
2011-02-25 | Reiterated | RBC Capital Mkts | Outperform | $26 to $31 |
2010-11-10 | Upgrade | Morgan Keegan | Mkt Perform to Outperform | $17.50 to $24 |
2010-03-23 | Reiterated | Stifel Nicolaus | Buy | $23 to $25 |
2009-06-23 | Upgrade | Stifel Nicolaus | Hold to Buy | $14 |
2008-12-19 | Initiated | Oppenheimer | Outperform | $12 |
2008-11-07 | Downgrade | Barclays Capital | Overweight to Underweight | |
2008-11-06 | Reiterated | Avondale | Mkt Outperform | $30 to $20 |
2008-10-07 | Downgrade | Stifel Nicolaus | Buy to Hold |
2016-06-01 | Lower Price Target | Barclays | Equal Weight | $28.00 to $21.00 |
2016-06-01 | Lower Price Target | Barclays PLC | Equal Weight | $28.00 to $21.00 |
2016-05-29 | Reiterated Rating | Jefferies Group | Buy | |
2016-05-10 | Reiterated Rating | Jefferies Group | Buy | $29.00 |
2016-02-10 | Lower Price Target | RBC Capital | Top Pick | $37.00 to $25.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BKD 140 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 33.99M |
Vanguard Group, Inc | 17.38M |
Camber Capital Management LLC | 16.00M |
GLENVIEW CAPITAL MANAGEMENT LLC | 9.84M |
DIMENSIONAL FUND ADVISORS LP | 9.63M |
DEERFIELD MANAGEMENT CO | 8.69M |
RENAISSANCE TECHNOLOGIES LLC | 7.01M |
MORGAN STANLEY | 6.64M |
BlackRock Institutional Trust Company, N.A. | 4.96M |
GOLDMAN SACHS GROUP INC | 4.47M |
BLACKROCK ADVISORS LLC | 4.36M |
STATE STREET CORP | 4.34M |
GEODE CAPITAL MANAGEMENT, LLC | 3.27M |
FMR LLC | 3.23M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 2.92M |