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ESC $33.46

ESC target price
33.46
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Emeritus Corporation
Type
Public
Traded as NYSE: BKD
Industry Senior living
Founded 1993 (Renton, Washington)
Headquarters Seattle, Washington
Website www.emeritus.com

Emeritus Corporation doing business as Emeritus Senior Living was a provider of independent living, assisted living, Alzheimer's/memory care, and skilled nursing for seniors living in Emeritus communities throughout the United States. The company was founded in 1993, and was acquired by Brookdale Senior Living (the largest company in the industry at the time ) in July 2014 after a $23 million punitive damages award against it in a civil lawsuit in 2013.

Emeritus specialized in assisted living services for seniors who need help with daily activities such as bathing, dressing, meals and medications management. Most communities also provided expert care for Alzheimer's and memory care residents, and offered respite stays for seniors who need short-term stays. Emeritus had locations in 47 states, with several facilities within each state.

Company revenues were $1.57 billion in 2012. As a result of the merger with Brookdale, Emeritus now manages 1,100 facilities in 46 states.

An episode of Frontline which aired on July 30, 2013 documented the alleged neglect and physical abuses perpetrated on patients by Emeritus. In one civil lawsuit, Joan Boice et al v. Emeritus Corporation, a Sacramento, California jury found Emeritus liable for neglect which apparently resulted in the 2009 death of a patient; the jury assessed the company $23 million in punitive damages. Following the broadcast, Emeritus established a website to dispute the allegations.

Coordinates: 47°37′05″N 122°21′29″W / 47.618014°N 122.357977°W / 47.618014; -122.357977

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2014-03-05 Downgrade Deutsche Bank Buy to Hold
2014-03-03 Downgrade JMP Securities Outperform to Market Perform
2012-03-07 Reiterated Stifel Nicolaus Buy $25 to $22
2011-11-29 Initiated JMP Securities Mkt Outperform $20
2011-03-09 Reiterated Stifel Nicolaus Buy $25 to $30
2010-05-04 Reiterated Stifel Nicolaus Buy $24 to $30
2009-09-28 Reiterated UBS Buy $19 to $28
2009-05-12 Reiterated Stifel Nicolaus Buy $15 to $17
2009-05-08 Upgrade Morgan Keegan Mkt Perform to Outperform
2009-03-18 Reiterated Stifel Nicolaus Buy $20 to $15
2008-11-13 Reiterated Stifel Nicolaus Buy $30 to $20
2008-09-15 Reiterated Stifel Nicolaus Buy $21 to $25
2008-08-08 Reiterated Stifel Nicolaus Buy $20 to $21
2008-07-29 Initiated Morgan Keegan Mkt Perform
2008-04-23 Initiated Jefferies & Co Buy $30
1970-01-01
2014-03-05 Downgrade Deutsche Bank Buy to Hold
2014-03-03 Downgrade JMP Securities Outperform to Market Perform
2012-03-07 Reiterated Stifel Nicolaus Buy $25 to $22
2011-11-29 Initiated JMP Securities Mkt Outperform $20
2011-03-09 Reiterated Stifel Nicolaus Buy $25 to $30

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In ESC 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
BF LIMITED PARTNERSHIP Member of 10% 13d group 6.02%  (2951920) ESC /
BRANDSTROM RAYMOND R 0.70%  (343275) ESC / RLH /
Guay Christopher R SVP Ops & Ancillary Services 0.04%  (21464) ESC /
Belford Christopher M SVP Operations 0.03%  (16278) ESC /
Cincotta John Anthony SVP Sales 0.02%  (10936) ESC /
Mendelsohn D. Eric SVP Corp. Dev. 0.02%  (9138) ESC / NHI /
Hanson Jim L SVP Fin Services/Controller 0.01%  (6539) ESC /
ROFFE MARTIN D SVP - Financial Planning 0.01%  (4359) ESC /
MAUPIN TERRI K SVP Corporate Accounting 0.01%  (3981) ESC / NILE /