The latest update is out from Sonida Senior Living, Inc. ( (SNDA) ).
In 2024, Sonida Senior Living, Inc. achieved significant growth through both organic and inorganic means, including the acquisition of 20 high-quality communities. The company reported a notable improvement in financial performance, with a $19 million reduction in net loss and a 27.4% increase in adjusted EBITDA. Key highlights include increased occupancy and revenue per unit, as well as strategic acquisitions in Cincinnati and Atlanta. Additionally, Sonida extended its loan agreements with Fannie Mae and expanded its credit facility, positioning the company for accelerated growth in 2025.
More about Sonida Senior Living, Inc.
Sonida Senior Living, Inc. is a leading owner, operator, and investor in senior housing communities. The company focuses on providing high-quality living environments for seniors, with a market emphasis on expanding and enhancing its portfolio of senior living communities.
YTD Price Performance: 3.02%
Average Trading Volume: 46,436
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $449.5M
For an in-depth examination of SNDA stock, go to TipRanks’ Stock Analysis page.