Sonida Senior Living, Inc. (NYSE:SNDA) Receives $38.75 Consensus Target Price from Analysts

Sonida Senior Living, Inc. (NYSE:SNDA) has been assigned an average rating of “Hold” from the five research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $38.75.

A number of research firms have weighed in on SNDA. Robert W. Baird raised their price objective on shares of Sonida Senior Living from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Morgan Stanley raised their price objective on shares of Sonida Senior Living from $28.00 to $31.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 7th. Wall Street Zen cut shares of Sonida Senior Living from a “hold” rating to a “sell” rating in a report on Sunday, April 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $45.00 target price on shares of Sonida Senior Living in a report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Sonida Senior Living from a “hold (c-)” rating to a “sell (d)” rating in a report on Wednesday, May 13th.

Sonida Senior Living Price Performance

SNDA stock opened at $36.84 on Tuesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.44 and a current ratio of 0.44. Sonida Senior Living has a twelve month low of $23.66 and a twelve month high of $39.66. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -6.32 and a beta of 0.82.

Sonida Senior Living (NYSE:SNDA) last released its quarterly earnings data on Monday, May 11th. The company reported ($2.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.67) by ($0.72). Sonida Senior Living had a negative return on equity of 36.98% and a negative net margin of 24.15%.The company had revenue of $122.63 million for the quarter. On average, equities research analysts expect that Sonida Senior Living will post -2.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sonida Senior Living

Institutional investors have recently modified their holdings of the business. Capital Advisors Ltd. LLC acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at $45,000. Main Street Group LTD acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at $50,000. First Pacific Financial acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at $56,000. Darwin Wealth Management LLC acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at $63,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at $64,000. 87.55% of the stock is owned by institutional investors and hedge funds.

About Sonida Senior Living

Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.