Brookdale Senior Living (BKD) AI Stock Analysis

• Market Cap: $3.54B
• Dividend Yield: N/A
• Average Volume (3M): 3.67M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: 3.93%
• EPS Growth: -42.22%
• Country: US
• Employees: 24,480
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Care Facilities
• EPS (TTM): N/A
• Shares Outstanding: 237,655,400
• 10 Day Avg. Volume: 3,080,976
• 30 Day Avg. Volume: 3,669,173
• PEG Ratio: -0.95
• Price to Book (P/B): 5.39
• Price to Sales (P/S): 0.38
• P/FCF Ratio: -32.63
• Enterprise Value/Market Cap: 2.48
• Enterprise Value/Revenue: 2.82
• Enterprise Value/Gross Profit: 10.36
• Enterprise Value/Ebitda: 19.91
• 1Y Price Target: $16.88
• Price Target Upside: 13.29% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: $15.00 ▲(0.67% Upside)

The score is held back primarily by weak profitability and a highly leveraged balance sheet with negative equity. Offsetting this, recent operational execution is improving (higher occupancy, rising adjusted EBITDA and raised guidance) and the stock’s trend is strong, though momentum appears overbought. Valuation remains unattractive due to ongoing losses and no dividend support.

Positive Factors

Occupancy Recovery

Sustained occupancy above 82% materially improves revenue stability and operating leverage for a rental-based senior living model. Higher utilization reduces per-unit fixed costs, supports pricing power, and strengthens multi-quarter cash flow predictability across communities.

Adjusted EBITDA Momentum & Guidance

Meaningful EBITDA expansion and an upward guidance revision indicate durable margin recovery from operational fixes. If management sustains mid-teens adj. EBITDA growth, cash generation and ability to delever improve structurally, enabling reinvestment in communities.

Portfolio Optimization

Systematic disposal and lease exits are a structural move to right-size the portfolio, cut lease-related cash drains, and concentrate capital on higher-return assets. This should sustainably lift RevPAR, EBITDA margins and free cash flow per retained community.

Negative Factors

Severe Balance Sheet Leverage

Extremely negative equity and heavy reliance on debt constrain financial flexibility and elevate refinancing and covenant risks. Such structural leverage limits capacity for capital expenditures, acquisitions or cushioning economic downturns until equity is rebuilt or debt reduced.

Ongoing Net Losses and Weak Profitability

Repeated net losses and subpar EBIT margins undermine retained earnings accumulation and long-term reinvestment. Continued negative profitability hampers ability to self-fund capital needs and delays durable deleveraging absent sustained structural margin improvement.

Material Non-Cash Impairments

Significant impairment charges signal structural asset underperformance or misaligned portfolio composition. Write-downs reduce book equity, can trigger covenant issues, and indicate further capital allocation and operational fixes are needed to restore asset-quality and long-term returns.

Brookdale Senior Living Business Overview & Revenue Model

Company Description

Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company's residents. This segment also operates memory care communities for residents with Alzheimer's and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It also manages communities on behalf of others. As of December 31, 2021, the company owned 347 communities, leased 299 communities, and managed 33 communities on behalf of others. Brookdale Senior Living Inc. was incorporated in 2005 and is headquartered in Brentwood, Tennessee.

How the Company Makes Money

Brookdale Senior Living generates revenue primarily through the fees charged for its various senior living services. The company operates on a rental model where residents pay monthly fees that cover accommodations, amenities, and care services. Key revenue streams include independent living, assisted living, memory care, and skilled nursing facilities. Additionally, Brookdale may earn revenue from ancillary services such as rehabilitation and therapy. The company also benefits from partnerships with healthcare providers, insurance companies, and government programs, which can enhance its service offerings and patient referrals, contributing to its overall earnings.

Brookdale Senior Living Financial Statement Overview

Summary

Financials are weak overall: slight revenue growth (2.16%) but persistent losses (net margin -9.73%) and low EBIT margin. Balance sheet risk is high with negative equity and extreme leverage (debt-to-equity -171.10). Cash flow shows improvement with strong free cash flow growth (381.44%), but cash generation remains limited relative to net losses.

Income Statement

Brookdale Senior Living's income statement shows a mixed performance. The TTM data indicates a slight revenue growth of 2.16%, but the company is struggling with profitability, as evidenced by a negative net profit margin of -9.73% and a declining gross profit margin. The EBIT margin is also low, indicating operational challenges. Despite a positive EBITDA margin, the overall profitability remains weak.

Balance Sheet

The balance sheet reveals significant financial leverage with a high debt-to-equity ratio of -171.10 in the TTM period, indicating potential financial risk. The negative stockholders' equity and return on equity suggest financial instability. The equity ratio is also concerning, reflecting a high reliance on debt financing.

Cash Flow

The cash flow statement shows some positive trends, with a substantial free cash flow growth rate of 381.44% in the TTM period. However, the operating cash flow to net income ratio is moderate at 0.36, and the free cash flow to net income ratio indicates limited cash generation relative to net losses. Overall, cash flow management shows improvement but remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.12B	2.98B	2.87B	2.74B	2.75B	3.02B
Gross Profit	847.98M	807.43M	744.71M	513.94M	488.58M	700.64M
EBITDA	441.27M	420.80M	369.29M	319.92M	425.07M	256.69M
Net Income	-306.65M	-201.94M	-189.01M	-238.43M	-99.29M	82.02M
Balance Sheet
Total Assets	6.01B	6.34B	5.57B	5.94B	6.41B	6.90B
Cash, Cash Equivalents and Short-Term Investments	253.45M	328.80M	307.73M	447.53M	529.42M	553.33M
Total Debt	5.50B	5.65B	4.73B	4.89B	5.23B	5.61B
Total Liabilities	6.02B	6.12B	5.17B	5.35B	5.71B	6.10B
Stockholders Equity	-6.73M	212.47M	403.66M	582.61M	697.40M	800.43M
Cash Flow
Free Cash Flow	40.50M	-35.07M	-70.28M	-193.64M	-271.29M	19.78M
Operating Cash Flow	228.69M	166.18M	162.92M	3.28M	-94.63M	205.65M
Investing Cash Flow	-555.90M	-278.07M	-113.36M	-67.43M	181.46M	-425.11M
Financing Cash Flow	326.49M	142.06M	-174.44M	100.38M	-113.66M	382.91M

Brookdale Senior Living Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BKD, the sentiment is Positive. The current price of 14.9 is above the 20-day moving average (MA) of 12.77, above the 50-day MA of 11.58, and above the 200-day MA of 8.66, indicating a bullish trend. The MACD of 1.13 indicates Negative momentum. The RSI at 73.42 is Negative, neither overbought nor oversold. The STOCH value of 76.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKD.

Brookdale Senior Living Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADUS	74 Outperform	$1.95B	22.60	8.58%	―	18.77%	6.88%
NHC	74 Outperform	$2.35B	22.97	9.94%	1.80%	23.74%	-18.99%
PNTG	69 Neutral	$1.00B	38.23	10.87%	―	29.89%	10.33%
ASTH	62 Neutral	$1.10B	115.95	1.29%	―	68.17%	-85.42%
BKD	55 Neutral	$3.54B	-13.49	-214.33%	―	3.93%	-42.22%
AVAH	52 Neutral	$1.64B	21.78	―	―	15.48%	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Brookdale Senior Living Corporate Events

Brookdale Senior Living Issues Upbeat 2025 Preliminary Outlook

On January 28, 2026, Brookdale Senior Living announced preliminary 2025 results showing expected revenue of about $3.2 billion, up from $3.1 billion in 2024, and RevPAR growth of roughly 5.7%, while projecting a wider net loss of about $263 million due in part to roughly $71 million of non-cash impairment charges tied primarily to planned asset dispositions. Adjusted EBITDA for 2025 is expected to reach about $458 million, a 19% year-on-year increase and above prior guidance, though adjusted free cash flow will come in below the previously indicated range because of working capital changes, underscoring improving operating performance but continued bottom-line pressure as the company reshapes its portfolio. For 2026, Brookdale introduced guidance calling for 8%–9% RevPAR growth and adjusted EBITDA of $502 million to $516 million, reflecting the accretive impact of completed and announced dispositions, lease terminations and higher resident rate increases, and signaling management’s confidence in sustaining mid-teens adjusted EBITDA growth and gradual deleveraging in the coming years.

The most recent analyst rating on (BKD) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.

Brookdale Senior Living Reports Strong Occupancy Momentum Into 2026

On January 12, 2026, Brookdale Senior Living reported that its consolidated weighted average occupancy reached 82.5% in the fourth quarter of 2025, a 70-basis-point increase over the third quarter and a 310-basis-point gain year-on-year, underscoring a sustained recovery in utilization across its senior housing portfolio. December 2025 performance was particularly strong, with consolidated weighted average occupancy of 82.4% up 310 basis points from a year earlier and month-end occupancy rising 30 basis points sequentially, driven by unusually robust move-in and move-out activity for a typically weaker month, suggesting solid momentum heading into 2026 and potentially strengthening Brookdale’s operating leverage and competitive position in the senior living market.

The most recent analyst rating on (BKD) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.

Brookdale Senior Living Appoints New COO

Brookdale Senior Living announced the appointment of Mary Sue Patchett as Executive Vice President and Chief Operating Officer, effective December 1, 2025. Patchett, who has 40 years of experience in senior living operations, previously held various leadership roles within the company and was instrumental in redesigning its regional operating structure. Her appointment is seen as a strategic move to enhance Brookdale’s operational performance and agility, with a focus on improving decision-making and resource allocation closer to residents, thereby enriching the lives of seniors and their families.

The most recent analyst rating on (BKD) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.

Brookdale Senior Living Reports Q3 2025 Financial Results

Brookdale Senior Living reported its third-quarter 2025 results, showing a significant increase in occupancy rates and adjusted EBITDA. Despite a net loss of $114.7 million due to a non-cash impairment charge, the company experienced a 20.4% growth in adjusted EBITDA and improved cash flow, reflecting strong demand for senior living services and strategic focus on profitability.

The most recent analyst rating on (BKD) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.