AdCare Health Systems, Inc. (NYSEMKT:ADK) stock is trading above the volatile price range of $3.75 to $4.10 in the past one-month time frame. AdCare Health Systems, Inc. (NYSEMKT:ADK) net profit margin is -7.70%. On last trading day company shares ended up $4.00. Analysts mean target price for the company is $7.50. AdCare Health Systems, Inc. (NYSEMKT:ADK) distance from 50-day simple moving average (SMA50) is -2.85%.
Real estate developers are betting big on U.S. housing for the elderly, preparing for a surge in demand as the population of senior citizens almost doubles in the next 35 years. They may be building too fast. A jump in supply is forecast to cut growth in senior-housing net operating income to 1.8 percent in 2015 and 1.4 percent in 2016 from 3.3 percent this year, according to Green Street Advisors Inc. The increase may hurt health-care real estate investment trusts and companies including Brookdale Senior Living, Inc. (NYSE:BKD), which is buying competitor Emeritus Corp. (ESC) for about $1.4 billion to become the biggest owner of senior properties, the research firm said. Brookdale Senior Living, Inc. (NYSE:BKD) shares advanced 1.17% in last trading session and ended the day on $31.24. BKD Gross Margin is 30.20% and its return on assets is -0.10%. Brookdale Senior Living, Inc. (NYSE:BKD) quarterly performance is 5.26%.
On may 6, Capital Senior Living Corporation (NYSE:CSU) announced operating and financial results for the first quarter of 2014. Revenue in the first quarter of 2014 increased 6.5% to $91.9 million, an increase of $5.6 million from the first quarter of 2013. Average monthly rent for the consolidated communities increased 2.1% to $3,126 per occupied unit in the first quarter of 2014, an increase of $64 per occupied unit from the first quarter of 2013.Capital Senior Living Corporation (NYSE:CSU) shares moved up 1.23% in last trading session and was closed at $22.96, while trading in range of $22.62 – $23.01. Capital Senior Living Corporation (NYSE:CSU) year to date (YTD) performance is -4.29%.
On May 17, Envision Healthcare Holdings Inc (NYSE:EVHC) announces results for the first quarter ended March 31, 2014. First quarter 2014 net revenue was $1.01 billion, an increase of 14.2%; First quarter 2014 Adjusted EBITDA was $110.0 million, an increase of 9.0%; First quarter 2014 Adjusted EPS was $0.20 and GAAP diluted EPS was $0.13; and The Company completed the acquisitions of Life Line Ambulance in Arizona and MedStat EMS in Mississippi with combined estimated annualized revenue of approximately $36 million. Envision Healthcare Holdings Inc (NYSE:EVHC) ended the last trading day at $34.90. Company weekly volatility is calculated as 3.23% and price to cash ratio as 33.10. Envision Healthcare Holdings Inc (NYSE:EVHC) showed a positive weekly performance of 4.55%.
Wells Fargo believes that Kindred Healthcare, Inc. (NYSE:KND) takeover bid for Gentiva (GTV) appears to be attractive to Gentiva’s shareholders. The firm calculates that the deal would be 76c or 66% accretive to the midpoint of Kindred’s EPS guidance of $1.17, and it thinks the deal makes sense for Kindred from a strategic perspective. The firm keeps a Market Perform rating on Kindred. Kindred Healthcare, Inc. (NYSE:KND) shares moved up 1.56% in last trading session and was closed at $24.70, while trading in range of $23.77 – $24.74. Kindred Healthcare, Inc. (NYSE:KND) year to date (YTD) performance is 25.83%.