Company Overview - Brookdale Senior Living operates senior living communities across the U.S., divided into three main segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs) [4] - The majority of the company's revenue is generated from the Assisted Living and Memory Care segment, which provides housing and support for daily activities [4] - Revenue is primarily obtained through accommodation fees and management fees as per contractual agreements [4] Financial Performance - The latest financial report indicates a revenue of $778 million and a net loss of $37.73 million, resulting in an earnings per share of -$0.17 [2] - The price-to-earnings ratio stands at -6.17, reflecting the company's current financial challenges [2] - The stock price experienced a significant drop of 5.04%, currently trading at $5.65 per share with a trading volume of 1.346 million shares [1] Market Context - The healthcare facilities sector has seen an overall decline of 0.58%, with Brookdale's stock being part of this trend [3] - Notable gains have been observed in stocks such as Regional Health Properties, Airsculpt Technologies, and Aveanna Healthcare Holdings, indicating a mixed performance within the sector [3] - Among the four institutions providing ratings for Brookdale, 50% recommend buying while 50% suggest selling, with no hold recommendations [2]
Brookdale Senior Living (BKD) Stock Dips Amid Financial Performance Concerns