Sonida Senior Living (NYSE:SNDA) Issues Earnings Results

Sonida Senior Living (NYSE:SNDA) issued its quarterly earnings data on Thursday. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.52) by ($0.20), FiscalAI reports. The company had revenue of $210.19 million during the quarter. Sonida Senior Living had a negative return on equity of 25.53% and a negative net margin of 23.27%.

Here are the key takeaways from Sonida Senior Living’s conference call:

• Same-store occupancy increased 200 basis points year over year to 88.6%, while same-store SHOP NOI rose 15.6% and margin expanded 230 basis points to 31.8%. Normalized FFO was $0.46 per share and Adjusted EBITDA increased 26.2% to $46.8 million.
• Management reported progress integrating the CHP portfolio: 19 of 54 SHOP communities had transitioned to Sonida’s platform by November 1, and the first 14 onboarded communities posted 33.2% year-over-year NOI growth and 600 basis points of margin expansion. The company said those results reflect recovery opportunities in that initial group and expects more moderate growth from CHP communities with stronger starting performance.
• Sonida expects to deploy about $250 million in acquisition capital in 2026, excluding the CHP merger, with roughly $98 million under contract. Management described a wide range of initial yields and said its blended acquisitions are expected to stabilize at high-single-digit returns, while noting some assets require longer recovery periods.
• Quarter-end net leverage was 8.1x, above the company’s 6.0x–6.5x near-term target, and total debt was approximately $1.7 billion. Management cited NOI growth, free cash flow and asset-sale proceeds as paths to reducing leverage; it also said 83% of debt is fixed or hedged and 98% matures in 2029 or later.
• The company is developing initiatives in service tiers, digital lead generation and data-driven pricing, with its new pricing approach planned to begin rolling out in 2027. Sonida expects to provide full-year 2027 guidance with its fourth-quarter results.

Sonida Senior Living Stock Performance

Shares of Sonida Senior Living stock traded down $1.22 during trading hours on Friday, hitting $32.84. 569,768 shares of the company’s stock traded hands, compared to its average volume of 492,248. Sonida Senior Living has a 12-month low of $29.66 and a 12-month high of $44.38. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of -5.31 and a beta of 0.88. The company has a fifty day simple moving average of $36.71 and a 200-day simple moving average of $37.23. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.88 and a quick ratio of 0.88.

Key Sonida Senior Living News

Here are the key news stories impacting Sonida Senior Living this week:

• Positive Sentiment: Management said Q3 occupancy growth supported margin expansion and higher net operating income, pointing to progress in the company’s senior-housing operations. Sonida Senior Living Announces Third Quarter 2026 Results
• Positive Sentiment: Citizens JMP lowered its price target to $45 from $50 but maintained a “market outperform” rating; the revised target still indicated substantial potential upside from the cited share price. Citizens JMP stock recommendations
• Neutral Sentiment: The company highlighted a tiered service framework aimed at customer experience, but the report did not quantify its financial impact. Sonida Senior Living Keeps Eye on Customer Experiences with Tiered Service Framework
• Negative Sentiment: Q3’s reported loss was about $0.72 per share, worse than estimates of roughly $0.52–$0.54, and revenue of about $210.2 million also lagged estimates. The earnings shortfall may weigh on the stock, despite the company’s operational progress. Sonida Senior Living Reports Q3 Loss, Lags Revenue Estimates

Insider Transactions at Sonida Senior Living

In related news, Director Michael Simanovsky sold 115,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $40.71, for a total transaction of $4,681,650.00. Following the completion of the sale, the director owned 254,447 shares in the company, valued at approximately $10,358,537.37. This trade represents a 31.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Benjamin P. Harris sold 6,269 shares of Sonida Senior Living stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $39.79, for a total transaction of $249,443.51. Following the completion of the sale, the director directly owned 10,037 shares in the company, valued at approximately $399,372.23. This represents a 38.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 275,343 shares of company stock worth $10,895,485 over the last three months. 39.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Sonida Senior Living

Large investors have recently modified their holdings of the stock. Norwood Investment Partners LP purchased a new stake in shares of Sonida Senior Living in the 2nd quarter valued at about $1,419,228. Irenic Capital Management LP grew its position in Sonida Senior Living by 56.1% in the second quarter. Irenic Capital Management LP now owns 1,903,621 shares of the company’s stock worth $77,668,000 after acquiring an additional 683,874 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Sonida Senior Living by 3,450.0% during the 1st quarter. Royal Bank of Canada now owns 27,051 shares of the company’s stock valued at $873,000 after buying an additional 26,289 shares in the last quarter. Manatuck Hill Partners LLC bought a new stake in shares of Sonida Senior Living in the 2nd quarter worth approximately $4,896,000. Finally, Rush Island Management LP purchased a new position in Sonida Senior Living in the 1st quarter worth $7,036,000. Hedge funds and other institutional investors own 87.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SNDA. Wall Street Zen raised Sonida Senior Living from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Sonida Senior Living in a research note on Tuesday, October 27th. Zacks Research lowered shares of Sonida Senior Living from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. Morgan Stanley increased their target price on shares of Sonida Senior Living from $38.00 to $44.00 and gave the company an “equal weight” rating in a report on Tuesday, September 1st. Finally, Compass Point assumed coverage on shares of Sonida Senior Living in a research report on Tuesday, August 11th. They set a “buy” rating and a $65.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Sonida Senior Living presently has a consensus rating of “Hold” and an average target price of $48.67.

Sonida Senior Living Company Profile

Sonida Senior Living Corporation (NYSE: SNDA) is a senior housing company that owns, operates and manages communities serving older adults in the United States. Its properties are designed to provide residential services and support for seniors with varying care needs.

The company offers independent living, assisted living and memory care services. Its communities generally provide housing, dining, housekeeping, transportation, wellness programs, social activities and personal care assistance, with memory care programs tailored to residents living with Alzheimer’s disease and other forms of dementia.

Sonida Senior Living was formerly known as Capital Senior Living Corporation and adopted its current name in 2024.