Sonida Senior LivingSNDA
SNDA
About: Sonida Senior Living Inc is an owner-operator of senior housing communities in the United States in terms of resident capacity. It provides senior living services to the elderly, including independent living, assisted living, Respite Care and Temporary Care Programs, Home Care Services, and memory care services. The company's objective is to provide value to residents by providing quality senior housing services at reasonable prices. The basic service of the company is comprised of meals, housekeeping, laundry, 24-hour staffing, transportation, social and recreational activities, and healthcare monitoring.
Employees: 3,955
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
900% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 3
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
75% more funds holding
Funds holding: 36 [Q2] → 63 (+27) [Q3]
25% more capital invested
Capital invested by funds: $266M [Q2] → $334M (+$67.2M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
3.41% less ownership
Funds ownership: 69.37% [Q2] → 65.95% (-3.41%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$25
5%
upside
Avg. target
$25
5%
upside
High target
$25
5%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Morgan Stanley Ronald Kamdem 54% 1-year accuracy 7 / 13 met price target | 5%upside $25 | Equal-Weight Initiated | 13 Dec 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Sonida Senior Living, Inc. (SNDA) Q3 2024 Earnings Call Transcript
Sonida Senior Living, Inc. (NYSE:SNDA ) Q3 2024 Earnings Conference Call November 13, 2024 11:00 AM ET Company Participants Jason Finkelstein - Investor Relations Brandon Ribar - President and Chief Executive Officer Kevin Detz - Executive Vice President and Chief Financial Officer Conference Call Participants Operator Thank you for standing by. My name is Novi, and I will be your conference operator today.
Neutral
Business Wire
1 month ago
Sonida Senior Living Announces Third Quarter 2024 Results
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (the “Company,” “Sonida,” “we,” “our,” or “us”) (NYSE: SNDA) a leading owner, operator and investor of senior housing communities, today announced its results for the third quarter ended September 30, 2024. “Sonida's emphasis on its results-driven operational, financial and capital allocation strategies yielded another quarter of meaningful performance and portfolio expansion. Same-store revenue, community net operating income, resident rates.
Neutral
Business Wire
1 month ago
Sonida Continues Executing on its Accretive Growth and Capital Allocation Strategy with $48 Million of Investments
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announced today the closing of its latest acquisition, as the Company continues to execute on its capital allocation and inorganic, accretive growth strategy, which aims to further expand and upgrade its portfolio to fully leverage operating scale and efficiencies. “Sonida's latest portfolio purchase brings total year-to-date property.
Neutral
Business Wire
1 month ago
Sonida Announces Third Quarter 2024 Earnings Release Date and Conference Call
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today announced that it will issue its third quarter 2024 earnings results before the market opens for trading on Wednesday, November 13, 2024. The Company will then host a conference call and webcast to review its financial performance and operating results at 11:00 a.m. Eastern Time. The dial-in number for the conference.
Neutral
Business Wire
1 month ago
Sonida Announces General Counsel Transition
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior living communities, announced today that Tabitha Bailey will be appointed senior vice president and chief legal officer, effective January 1, 2025, reporting to President and Chief Executive Officer, Brandon Ribar. Ms. Bailey will succeed David Brickman, who will be stepping down from his current role to pursue other opportunities after a distinguished,.
Positive
Seeking Alpha
2 months ago
Sonida Senior Living: Soaring Demand, Limited New Supply, And A Low Valuation
Sonida shares have dropped 31% from their recent high, and now trade at a 7.4% cap rate, a significant discount to major senior housing REITs. The senior housing market is poised for improved profitability due to increasing demand from the aging population and constrained new supply, boosting occupancy and rents. 2Q24 results showed 31% year-over-year growth in NOI as occupancy, rents, and margins improved.
Neutral
Business Wire
2 months ago
Sonida Continues to Execute on its Accretive Growth Plan and Upsizes its Revolver
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today provided an update on its recently closed acquisitions and capital markets activity. “Both of these transactions continue our value-creating, external growth strategy that is capitalizing on historically favorable senior housing trends through geographic densification, creative deal structuring and expansion of our be.
Neutral
Business Wire
3 months ago
Sonida to Participate in the BofA Securities 2024 Global Real Estate Conference
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, announced today that Brandon Ribar, President and Chief Executive Officer, and Max Levy, Chief Investment Officer, will participate in the BofA Securities 2024 Global Real Estate Conference on September 12, 2024, at the Bank of America Tower in New York. Hosted by BofA Global Research, the conference features company roundt.
Neutral
Business Wire
3 months ago
Sonida Provides Summary of Recent Capital Markets and Capital Allocation Activities
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in communities and services for seniors, today provided a summary on its recent capital markets activity and pending acquisitions. “On the heels of strong second quarter operating results, which demonstrated ongoing improvement across all key operating metrics, I am equally pleased with the Company's steady execution on both its external accretive growth strategy.
Neutral
Business Wire
4 months ago
Sonida Senior Living Prices Upsized Public Offering of Common Stock
DALLAS--(BUSINESS WIRE)---- $SNDA--Sonida Senior Living, Inc. (“Sonida” or the “Company”) (NYSE: SNDA), a leading owner, operator and investor in senior housing communities, announced today that it has priced an underwritten public offering of 4,300,000 shares of its common stock upsized from 4,000,000 shares at launch. The price to the public of the offering is $27.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 645,000 shares of the Company's commo.
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