Brookdale Senior Living Q1 reiterates 2026 RevPAR growth outlook

Brookdale Senior Living

06/05/2026 22:10

Overview

US senior living operator's Q1 adjusted EBITDA grew 5.6% yr/yr but missed analyst expectations

Q1 net loss narrowed to $7 mln from $65 mln a year earlier

Revenue fell 7% yr/yr, mainly due to community dispositions

Outlook

Brookdale reiterates full-year 2026 RevPAR growth guidance of 8% to 9%

Company expects full-year 2026 adjusted EBITDA of $502 mln to $516 mln

Brookdale says April occupancy trends are on track with full-year 2026 guidance levels of RevPAR growth

Result Drivers

HIGHER PRICING & OCCUPANCY - Same community resident fees rose 5.5% yr/yr, driven by annual rate increases and a 170 bps increase in occupancy

COMMUNITY DISPOSITIONS - Revenue and expenses declined yr/yr mainly due to the sale and lease termination of communities

RISING OPERATING COSTS - Same community operating expenses increased 5.9% yr/yr, mainly from higher wages, insurance, and utilities

Company press release: ID:nPn1KxK8Qa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
-$6.90 mln
Q1 Adjusted EBITDA
Miss
$131.10 mln
$136.48 mln (3 Analysts)
Q1 RevPAR
$5,510


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy."

Wall Street's median 12-month price target for Brookdale Senior Living Inc is $18.00, about 28.3% above its May 5 closing price of $14.03

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)