Here's Why Brookdale Senior Living Is Soaring Today [The Motley Fool]
Brookdale Senior Living Inc. (BKD)
Last brookdale senior living inc. earnings: 2/18 04:15 pm
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Source: The Motley Fool
The senior housing operator’s stock is up 14% on an agreement with one of its biggest landlords. Matthew Frankel ( TMFMathGuy ) Apr 27, 2018 at 3:21PM What happened Senior housing operator Brookdale Senior Living ( NYSE:BKD ) has had a rough few years, and its investors have gotten crushed as a result. Over the past three years, the stock has dropped by 80% -- including today's pop, thanks to declining revenue and generally tough industry conditions. However, the company announced some good news today. Specifically, the lease agreement has been favorably restructured on the 128 communities Brookdale leases from healthcare real estate investment trust Ventas ( NYSE:VTR ) . Image Source: Getty Images. So what Among the details of the restructured lease agreement are: The entire Ventas-Brookdale portfolio is simplified into a
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BKD
News
- Brookdale Announces Date of First Quarter 2024 Earnings Release and Conference CallPR Newswire
- Discovery Senior Living Appoints Seasoned Veteran Kevin Bowman Senior Vice President of Operations [Yahoo! Finance]Yahoo! Finance
- Long-term Care Market To Reach USD 2.1 Trillion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Global Elderly Care Services Market: Focus on Services, Application, Region, and Competitive Landscape - Analysis and Forecast, 2024-2033 [Yahoo! Finance]Yahoo! Finance
- 15 Problems with Over 55 Communities [Yahoo! Finance]Yahoo! Finance
BKD
Earnings
- 2/20/24 - Miss
BKD
Sec Filings
- 4/8/24 - Form 8-K
- 4/2/24 - Form 4
- 4/1/24 - Form 8-K
- BKD's page on the SEC website