Last $24.18 USD
Change Today -0.02 / -0.08%
Volume 564.7K
KND On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

kindred healthcare inc (KND) Snapshot

Open
$23.92
Previous Close
$24.20
Day High
$24.21
Day Low
$23.87
52 Week High
06/10/14 - $26.81
52 Week Low
09/12/13 - $12.95
Market Cap
1.6B
Average Volume 10 Days
526.0K
EPS TTM
$0.74
Shares Outstanding
64.5M
EX-Date
05/19/14
P/E TM
32.5x
Dividend
$0.48
Dividend Yield
1.99%
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 Mulls Acquisitions

Kindred Healthcare Inc. (NYSE:KND) is seeking acquisition opportunities. Kindred announced that it has closed the underwritten public offering for an aggregate of 9 million shares of Kindred common stock. Kindred intends to use the net proceeds from the offering to finance potential acquisitions or for general corporate purposes, including paying down Kindred's existing indebtedness.

Caregivers File Class-Action Lawsuit Against Kindred Healthcare, Professional Healthcare At Home and NP Plus

A class-action lawsuit filed against Kindred Healthcare and its subsidiaries, Professional Healthcare at Home and NP Plus alleges caregivers tending to the elderly, ill and disabled in the Bay Area and throughout the state are being denied overtime and breaks in violation of California labor laws. The lawsuit against the Kindred Healthcare and its subsidiaries, Professional Healthcare at Home and NP Plus - alleges that employee caregivers contracted out to assisted living and rehabilitation facilities to provide nonmedical care are working 12- to 24-hour shifts without receiving overtime or breaks for meals and rest. The workers deployed to private residences are receiving a flat-pay wage that breaks down to below minimum wage.

Kindred Healthcare Inc. Reaffirms Earnings Guidance for the Year 2014

Kindred Healthcare Inc. reaffirmed earnings guidance for the year 2014. The company expects consolidated revenues for 2014 to approximate $5.2 billion. Operating income, or earnings before interest, income taxes, depreciation, amortization and rent, is expected to range from $715 million to $732 million. The company expects to report income from continuing operations for 2014 between $58 million and $68 million or $1.05 to $1.25 per diluted share (based upon diluted shares of 53.2 million). The company also reaffirmed its operating cash flow guidance for 2014 at a range between $245 million and $275 million. Estimated routine capital expenditures for 2014 are expected to range from $100 million to $105 million and estimated costs to develop new or replacement transitional care hospitals, transitional care nursing centers, and inpatient rehabilitation facilities will approximate $20 million to $25 million in 2014. Operating cash flows in excess of the company's routine and development capital spending programs are expected to approximate $125 million to $145 million for 2014 and will be available to pay dividends, repay debt and fund acquisitions. The company's earnings and cash flow guidance for 2014 excludes the effect of the offering of the company's common stock contemplated by the preliminary prospectus supplement filed with the Securities and Exchange Commission on June 16, 2014 and any reimbursement changes, severance, retirement and retention costs, litigation costs, debt refinancing costs, transaction-related costs, any further acquisitions or divestitures, any impairment charges, and any repurchases of common stock.

 

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Industry Analysis

KND

Industry Average

Valuation KND Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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