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Brookdale Senior Living Solutions
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 IncreaseUS$4.97 billion (2016)
Number of employees
50,100 (2016)
Website www.brookdale.com

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.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-02-16 Future report Set alerts
Q3 2020 2020-11-02 Future report Set alerts
Q2 2020 2020-08-10 -0.59 -0.65
Q1 2020 2020-05-05 2.43 2.00
Q4 2019 2020-02-18 -0.49 -0.49
Q3 2019 2019-11-04 -0.42 -0.42
Q2 2019 2019-08-05 -0.30 -0.30
Q1 2019 2019-05-06 -0.23 -0.23
Q4 2018 2019-02-13 0.70 0.70
Q3 2018 2018-11-05 -0.20 -0.20

Ratings

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

Major Shareholders

Name Relationship Total Shares Holding stocks

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