Brookdale Senior Living Reports Improved Occupancy Rates

Brookdale Senior Living ( (BKD) ) has shared an announcement.

Brookdale Senior Living reported an increase in consolidated occupancy for December 2024, with a weighted average occupancy of 79.3%, marking a 100 basis point rise from the previous year. This growth was attributed to favorable move-in and move-out levels, with fourth-quarter move-in volume surpassing pre-pandemic averages by 8%, indicating a positive trend for the company’s operations and market position.

More about Brookdale Senior Living

Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, providing independent living, assisted living, memory care, and continuing care retirement communities. The company operates 647 communities across 41 states, serving approximately 58,000 residents, and is listed on the New York Stock Exchange under the ticker symbol BKD.

YTD Price Performance: -3.56%

Average Trading Volume: 1,881,025

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $972.2M

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