Sonida Senior Living, Inc. (SNDA)

In the past six months, Sonida Senior Living's stock price has been trading near the upper end of its 52-week range. In Q3 2025, Sonida reported a net loss attributable to shareholders of $26.9 million, but topped revenue estimates with resident revenue increasing by 26.3% year-over-year and adjusted EBITDA increased 30.7% year-over-year. In Q2 2025, the company reported a net loss of $1.6 million, with resident revenue increasing by 29.7% and adjusted EBITDA growing by 23.7%. A definitive merger agreement to acquire CNL Healthcare Properties, Inc. for approximately $1.8 billion was announced, expected to close in late Q1 or early Q2 2026. Analyst coverage in early 2026 included a price target increase to $32.13 by Fintel and a "Neutral" recommendation from Baird.

The senior living industry, including Sonida Senior Living, experiences demand seasonality. Occupancy rates tend to increase during the summer months, particularly in the third and fourth quarters. Winter months can present challenges due to flu season, community quarantines, and adverse weather conditions.

Sonida Senior Living, Inc. operates in the healthcare sector, focusing on medical care facilities and senior housing. The company offers independent living, assisted living, and memory care services, including meals, transportation, activities, and 24-hour staffing. They also provide health screenings, dietary programs, exercise classes, personal care, medication monitoring, and specialized dementia care. Some communities offer a continuum of care, potentially supplemented by third-party home care.

As of September 30, 2025, Sonida Senior Living, Inc. owned, managed, or invested in 97 senior housing communities across 20 states, with a total capacity of approximately 10,250 residents.

In the past year, Sonida Senior Living has focused on enhancing services and expanding its portfolio, including celebrating the Grand Opening of memory care at Magnolia Trails At East Lake. However, the company faced challenges, including an "unexpected move-out spike" in Q2 2025, leading to a focus on improving staffing, sales, and marketing efforts. One analysis suggests that Sonida lacks a strong brand reputation for quality and may struggle to achieve top-tier regulatory or quality scores compared to larger competitors.

Sonida Senior Living, Inc. has a diverse ownership structure, with institutional shareholders holding 72.83% and insiders holding 240.48% of the stock. Major owners include Arbiter Partners Capital Management LLC, Conversant Capital LLC, Paul J. Isaac, James A. Stroud, Cove Street Capital LLC, Sam Levinson, and Brandon Ribar (President & CEO).