Brookdale Senior Living Watchlist

tz-plus logo Brookdale Senior Living: On the Path to Growth with Higher Occupancy - Stock Rises by 230%

L. Hummel
Reading Time: 3 minutes

The operator of senior living facilities in the USA had to endure a long downward trend. From 2017 to 2022, revenues were consistently declining, although the decrease in 2022 was only 0.4%. In the last two fiscal years, revenues have now increased again by nearly 7% per year to $3.13 billion. This has also halted the decline of the stock price, which has been in a steady upward trend since March 2023, increasing by about 230% since then. As a result, Brookdale's stock is now at its highest level since June 2021. With rising revenues projected for...

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