Glad to hear on the Medicare. Maybe someone can post the Lehman notes. My broker carries S&P and Goldman reports. No S&P coverage but here's the Goldman notes:
"BKD (IL/N): Solid first quarter as public company; maintaining our In-Line rating on valuation March 16, 2006
Brookdale Senior Living (BKD-IL/N) had a solid first quarter as a public company delivering on both the internal and external growth fronts. During 4Q05, BKD generated both occupancy (+70 bps) and rate gains (+0.8%), largely in line with our expectations, and announced $314 MM of equity investments. Given its on track organic growth profile and the anticipated cash net income accretion from recent acquisitions, BKD announced a 40% hike in its annual dividend to $1.40 from $1.00. While we continue to view the senior living space and BKD favorably, the companys premium valuation (27.0x) (price/cash net income) vs. its peers (23.1x) keeps us at In-Line. BKD reported 4Q05 GAAP EPS of ($0.41) vs. our ($0.24) estimate. We attribute most of the difference to non-cash stock compensation expense. Alternatively, BKD reported 4Q05 cash net income of 17c vs. our 19c estimate."
Thanks for the info. I'll check out the SRZ board. As for the gap up yesterday and today, it might have something to do with Lehman Bros. raising its target price on BKD to 39. Also, from what I have been told, BKD has very few, if any, occupants who are Medicare sponsored recipients.
Not to be rude but you ask questions with obvious answers if you just read the headline articles. Either you're lazy or it's just one of those posting psycho things (i.e. asking questions even though one knows the answer, maybe to make some point). Based on you're previous post with the earnings result link I think it's the second part; Wouldn't want you to be construed as lazy - LOL.