Sonida Senior Living (NYSE:SNDA) Issues Quarterly Earnings Results

Sonida Senior Living (NYSE:SNDA) released 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. Sonida Senior Living had a negative net margin of 23.27% and a negative return on equity of 25.53%. The company had revenue of $210.19 million during the quarter.

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 Down 7.4%

NYSE:SNDA traded down $2.73 on Thursday, reaching $34.28. The stock had a trading volume of 1,199,062 shares, compared to its average volume of 454,768. The company has a 50-day moving average of $36.71 and a 200 day moving average of $37.23. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.88 and a current ratio of 0.88. Sonida Senior Living has a 12-month low of $29.50 and a 12-month high of $44.38.

Key Headlines Impacting Sonida Senior Living

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

• Positive Sentiment: Sonida said continued occupancy growth drove margin expansion and net operating income (NOI) growth, pointing to stronger community-level operations. Sonida Senior Living Announces Third Quarter 2026 Results
• Positive Sentiment: The quarterly loss improved from $1.56 per share a year earlier, suggesting progress year over year despite missing current-quarter expectations. Sonida Senior Living Reports Q3 Loss, Lags Revenue Estimates
• Neutral Sentiment: Sonida highlighted a tiered service framework focused on customer experiences. The article provides no quantified financial impact, so the effect on near-term results is unclear. Sonida Senior Living Keeps Eye On Customer Experiences With Tiered Service Framework
• Negative Sentiment: Sonida reported a Q3 loss of $0.72 per share, wider than the roughly $0.52 consensus estimate. Revenue of about $210.2 million also fell short of estimates, making the earnings miss the clearest near-term pressure on SNDA. Sonida Senior Living Reports Q3 Loss, Lags Revenue Estimates

Insider Transactions at Sonida Senior Living

In related news, Director Michael Simanovsky sold 97,581 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $38.42, for a total value of $3,749,062.02. Following the transaction, the director owned 100,373 shares in the company, valued at approximately $3,856,330.66. The trade was a 49.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Benjamin Harris sold 6,269 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $39.79, for a total value of $249,443.51. Following the completion of the transaction, the director owned 10,037 shares in the company, valued at approximately $399,372.23. This trade represents a 38.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 275,343 shares of company stock worth $10,895,485. Corporate insiders own 39.30% of the company’s stock.

Institutional Investors Weigh In On Sonida Senior Living

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Compass Financial Management LLC acquired a new stake in shares of Sonida Senior Living during the 2nd quarter valued at approximately $27,000. Allworth Financial LP acquired a new position in Sonida Senior Living in the second quarter worth $43,000. Main Street Group LTD bought a new stake in Sonida Senior Living during the first quarter valued at $50,000. First Bancorp Inc ME bought a new stake in Sonida Senior Living during the second quarter valued at $50,000. Finally, Provenance Wealth Advisors LLC bought a new stake in Sonida Senior Living during the third quarter valued at $57,000. 87.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SNDA has been the subject of a number of recent research reports. Compass Point initiated coverage on Sonida Senior Living in a research note on Tuesday, August 11th. They issued a “buy” rating and a $65.00 target price for the company. Cantor Fitzgerald boosted their price target on Sonida Senior Living from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Citizens Jmp assumed coverage on Sonida Senior Living in a report on Monday, July 27th. They issued an “outperform” rating and a $50.00 price target for the company. Robert W. Baird raised shares of Sonida Senior Living from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $37.00 to $43.00 in a research report on Thursday, September 3rd. Finally, Morgan Stanley lifted their price objective on shares of Sonida Senior Living from $38.00 to $44.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 1st. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $49.50.

About Sonida Senior Living

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.