We recently published 10 Big Names With Explosive Gains. Brookdale Senior Living Inc. was one of the top performers on Thursday.
Brookdale Senior Living extended its winning streak to a third consecutive day on Thursday to hit a new eight-year high, as investors took path from an investment firm’s 31 percent price target upgrade for its stock.
At intra-day trading, the stock jumped to its highest price of $14.63 before trimming gains to end the day just up by 10.60 percent at $14.50 apiece.
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In a market report, RBC Capital issued a new price target of $17 versus $13 previously, while reaffirming an “outperform” rating following the release of preliminary earnings results for full-year 2025.
According to Brookdale Senior Living Inc., it expects to report $3.2 billion in revenues for the full year, representing a 3 percent uptick from the $3.1 billion in 2024.
However, net loss is expected to be wider by 30 percent at $263 million versus $202 million a year earlier, amid a higher non-cash impairment charges of approximately $71 million versus only $8 million in 2024.
Adjusted EBITDA is projected to increase by 19 percent to $458 million, or settle at the midpoint of its previously announced guidance.
Brookdale Senior Living Inc. is targeting to grow its revenue per available room to a range of 8 to 9 percent in 2026, while looking at an adjusted EBITDA of $502 million to $516 million.
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This article is originally published at Insider Monkey.
