Last $20.60 USD
Change Today -0.19 / -0.91%
Volume 257.8K
KND On Other Exchanges
Symbol
Exchange
New York
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As of 12:48 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

kindred healthcare inc (KND) Snapshot

Open
$20.78
Previous Close
$20.79
Day High
$20.83
Day Low
$20.47
52 Week High
06/10/14 - $26.81
52 Week Low
09/12/13 - $12.95
Market Cap
1.3B
Average Volume 10 Days
809.2K
EPS TTM
$0.09
Shares Outstanding
64.6M
EX-Date
08/18/14
P/E TM
225.1x
Dividend
$0.48
Dividend Yield
2.33%
Current Stock Chart for KINDRED HEALTHCARE INC (KND)

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kindred healthcare inc (KND) Details

Kindred Healthcare, Inc. provides healthcare services in the United States. It operates in four divisions: Hospital, Nursing Center, Rehabilitation, and Care Management. The Hospital division operates transitional care hospitals that provide services for medically complex patients, including the critically ill, suffering from multiple organ system failures, primarily the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems. This division also operates inpatient rehabilitation hospitals, which offer services to patients who require intensive inpatient rehabilitative care. The Nursing Center division operates nursing centers and assisted living facilities that provide short stay patients and long stay residents with a range of medical, nursing, rehabilitative, pharmacy, and routine services, including daily dietary, social, and recreational services. The Rehabilitation division provides rehabilitation services, including physical and occupational therapies, and speech pathology services to residents and patients of nursing centers, acute and long-term acute care hospitals, outpatient clinics, home health agencies, assisted living facilities, school districts, and hospice providers under the RehabCare name. The Care Management division provides home health, hospice, and private duty services to patients in various settings, including homes, skilled nursing facilities, and other residential settings. As of February 20, 2014, Kindred Healthcare, Inc. provided healthcare services in 2,280 locations, including 101 transitional care hospitals, 5 inpatient rehabilitation hospitals, 100 nursing centers, 22 sub-acute units, and 104 inpatient rehabilitation units; and 105 Kindred at Home hospice, home health, and non-medical home care locations, as well as a contract rehabilitation services business, which served, 1,789 non-affiliated facilities. The company is headquartered in Louisville, Kentucky.

40,000 Employees
Last Reported Date: 02/28/14

kindred healthcare inc (KND) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.3M
President and Chief Operating Officer
Total Annual Compensation: $980.0K
Executive Vice President and President of Reh...
Total Annual Compensation: $444.3K
Compensation as of Fiscal Year 2013.

kindred healthcare inc (KND) Key Developments

Kindred Healthcare Inc. Declares Quarterly Cash Dividend, Payable on September 10, 2014

Kindred Healthcare Inc. announced that its Board of Directors approved the payment of the regular quarterly cash dividend to its shareholders. The quarterly cash dividend of $0.12 per common share will be paid on September 10, 2014 to shareholders of record as of the close of business on August 20, 2014.

Kindred Healthcare Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Affirms Earnings Guidance for the Year 2014; Provides Earnings Guidance for the Third Quarter of 2014

Kindred Healthcare Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $1,275,964,000 compared to $1,191,030,000 a year ago. Loss from operations was $8,153,000 compared to $1,050,000 a year ago. Net loss was $35,811,000 or $0.67 per basic and diluted share compared to net income of $1,745,000 or $0.03 per basic and diluted share a year ago. Net cash used in operating activities was $49,963,000 compared to net cash provided by operating activities of $53,634,000 a year ago. Routine capital expenditures were $24,485,000 compared to $17,430,000 a year ago. Development capital expenditures were $372,000 compared to $5,086,000 a year ago. Consolidated revenues and core operating income both increased 7% from the same period last year primarily resulting from improved hospital volumes, a strong rebound in the company's Care Management division operations, growth from acquisitions and solid cost controls throughout the company. For the six months period, the company reported revenues of $2,562,706,000 compared to $2,450,464,000 a year ago. Loss from operations was $14,654,000 compared to $6,426,000 a year ago. Net loss was $27,791,000 or $0.52 per basic and diluted share compared to net income of $4,802,000 or $0.09 per basic and diluted share a year ago. Net cash used in operating activities was $65,717,000 compared to net cash provided by operating activities of $78,467,000 a year ago. Routine capital expenditures were $46,162,000 compared to $39,800,000 a year ago. Development capital expenditures were $1,123,000 compared to $7,474,000 a year ago. The company affirmed its previous guidance for income from continuing operations for 2014 of between $58 million and $68 million. The company noted that its earnings guidance for 2014 continues to be based on the same assumptions initially disclosed and there has been no change in its earnings guidance. The affirmed guidance for 2014 reflects an increased share count from the recent equity offering of 9.7 million shares of common stock. Under Kindred's current diluted share count of 58.3 million outstanding shares following the recent equity offering, income from continuing operations for 2014 equates to $0.96 to $1.14 per diluted share. Under Kindred's diluted share count of 53.2 million outstanding shares prior to the equity offering, the same assumptions for income from continuing operations for 2014 of $58 million to $68 million equated to $1.05 to $1.25 per diluted share. The company revised its operating cash flow guidance range of $245 million to $275 million to a revised range of $200 million to $230 million. The company maintained its expectation of $100 million to $105 million for routine capital expenditures and for timing reasons reduced its anticipated 2014 cash outflows for development of new or replacement facilities by $5 million to approximately $15 million to $20 million. With these items, the company expects its 2014 operating cash flows in excess of routine and development capital spending to approximate $85 million to $105 million, which will be available to fund acquisitions, repay debt and pay dividends. For the third quarter of 2014, the company expects diluted earnings per share from continuing operations to approximate $0.05 to $0.15. This compares to diluted earnings per share from continuing operations of $0.10 for the third quarter of 2013, excluding certain disclosed items and adjusted on a pro forma basis to include the incremental 9.7 million shares from the company's recently completed equity offering.

Kindred Healthcare Inc. to Report Q2, 2014 Results on Aug 06, 2014

Kindred Healthcare Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 06, 2014

 

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