Sonida Senior Living (SNDA) AI Stock Analysis

• Market Cap: $593.87M
• Dividend Yield: N/A
• Average Volume (3M): 57.79K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.66
• Revenue Growth: 34.99%
• EPS Growth: -68.73%
• Country: US
• Employees: 3,415
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Care Facilities
• EPS (TTM): -1.56
• Shares Outstanding: 18,769,604
• 10 Day Avg. Volume: 56,486
• 30 Day Avg. Volume: 57,792
• PEG Ratio: 1.84
• Price to Book (P/B): 2.65
• Price to Sales (P/S): 1.07
• P/FCF Ratio: -12.08
• Enterprise Value/Market Cap: 2.03
• Enterprise Value/Revenue: 3.21
• Enterprise Value/Gross Profit: 3.52
• Enterprise Value/Ebitda: 26.68
• 1Y Price Target: $31.50
• Price Target Upside: -1.35% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: $33.00 ▲(3.35% Upside)

The score is held back primarily by weak financial fundamentals—high leverage, negative profitability, and deteriorating free cash flow—despite solid top-line growth and strong gross margin. Technicals are supportive with price above major moving averages and positive MACD, while valuation remains challenged due to negative earnings. The latest earnings call improves the outlook with strong NOI/EBITDA and occupancy trends plus a major acquisition plan, but execution and cost/leverage risks remain.

Positive Factors

Strategic Merger

The merger is expected to enhance Sonida's real estate portfolio, boost AFFO per share, and reduce leverage, strengthening its market position.

Revenue Growth

Consistent NOI growth indicates effective management and operational improvements, supporting long-term revenue expansion.

Occupancy Rates

Record high occupancy rates reflect strong demand and effective sales strategies, enhancing revenue potential and market competitiveness.

Negative Factors

High Debt Levels

Significant leverage poses financial risk, potentially limiting flexibility and increasing vulnerability to economic downturns.

Negative Profitability

Ongoing profitability challenges indicate operational inefficiencies, which could hinder long-term financial health and growth.

Cash Flow Challenges

Declining free cash flow limits the company's ability to invest in growth opportunities and manage debt, affecting financial stability.

Sonida Senior Living Business Overview & Revenue Model

Company Description

Sonida Senior Living, Inc. develops, owns, operates, and manages senior housing communities in the United States. The company provides independent living services, which include daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes. It also offers assisted living services consist of personal care services, such as assistance with activities of daily living, including ambulation, bathing, dressing, eating, grooming, personal hygiene, and monitoring or assistance with medications; support services, such as meals, assistance with social and recreational activities, laundry, general housekeeping, maintenance, and transportation services; and supplemental services, which include extra transportation, personal maintenance, and extra laundry services, as well as special care services for residents with various forms of dementia. In addition, the company provides memory care services; and home care services through third-party providers. As of December 31, 2021, it operated 75 senior housing communities in 18 states with an aggregate capacity of approximately 9,500 residents, including 60 senior housing communities. The company was formerly known as Capital Senior Living Corporation and changed its name to Sonida Senior Living, Inc. in November 2021. Sonida Senior Living, Inc. was founded in 1990 and is based in Addison, Texas.

How the Company Makes Money

Sonida Senior Living generates revenue primarily through the leasing and management of its senior living facilities. The company charges residents monthly fees that cover rent, meals, healthcare services, and various amenities. Key revenue streams include occupancy rates in its communities, ancillary health services offered to residents, and additional fees for specialized care programs. Partnerships with healthcare providers and insurance companies also play a significant role in enhancing its service offerings and attracting residents. Additionally, the company may benefit from government funding and subsidies aimed at supporting senior living initiatives, contributing to its overall earnings.

Sonida Senior Living Financial Statement Overview

Summary

Sonida Senior Living is experiencing revenue growth, but profitability and cash flow challenges persist. High leverage and negative equity raise concerns about financial stability. The company must focus on improving operational efficiency and cash flow to enhance financial health and reduce risk.

Income Statement

Sonida Senior Living has shown a positive revenue growth rate of 7.09% TTM, indicating a recovery trend. However, the company is struggling with profitability, as evidenced by a negative net profit margin of -9.47% and a negative EBIT margin of -1.99% TTM. The gross profit margin is strong at 95.57%, but the high operating expenses are impacting overall profitability.

Balance Sheet

The company has a high debt-to-equity ratio of 6.28 TTM, indicating significant leverage and potential financial risk. The return on equity is negative at -28.40%, reflecting ongoing losses. The equity ratio is low, suggesting limited equity financing and potential solvency concerns.

Cash Flow

Operating cash flow is positive at $12.6 million TTM, but free cash flow remains negative, indicating cash outflows after capital expenditures. The free cash flow to net income ratio is -1.43, highlighting challenges in generating cash relative to net losses. The company needs to improve cash flow management to support operations and reduce financial strain.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	375.42M	304.33M	255.32M	238.43M	234.72M	383.86M
Gross Profit	343.23M	271.23M	234.22M	211.06M	193.82M	104.29M
EBITDA	45.24M	78.00M	55.15M	17.16M	201.29M	-190.11M
Net Income	-46.51M	-2.06M	-21.11M	-54.40M	125.61M	-295.37M
Balance Sheet
Total Assets	854.82M	841.92M	621.46M	661.27M	728.55M	702.83M
Cash, Cash Equivalents and Short-Term Investments	16.96M	16.99M	4.08M	16.91M	78.69M	17.89M
Total Debt	684.42M	651.39M	629.42M	671.03M	683.68M	909.85M
Total Liabilities	768.41M	712.31M	688.01M	719.43M	734.11M	982.10M
Stockholders Equity	81.02M	123.03M	-66.55M	-58.16M	-5.56M	-279.26M
Cash Flow
Free Cash Flow	-9.98M	-26.95M	-7.25M	-27.14M	-39.24M	-22.43M
Operating Cash Flow	21.63M	-1.78M	10.68M	-2.58M	-28.80M	-6.79M
Investing Cash Flow	-116.77M	-208.92M	-16.56M	-36.90M	-10.44M	8.51M
Financing Cash Flow	87.28M	232.04M	-7.11M	-22.65M	99.42M	-15.92M

Sonida Senior Living Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 31.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNDA, the sentiment is Neutral. The current price of 31.93 is below the 20-day moving average (MA) of 32.22, above the 50-day MA of 31.61, and above the 200-day MA of 26.63, indicating a neutral trend. The MACD of 0.20 indicates Positive momentum. The RSI at 46.92 is Neutral, neither overbought nor oversold. The STOCH value of 58.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SNDA.

Sonida Senior Living Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NHC	74 Outperform	$2.10B	20.88	9.94%	1.80%	23.74%	-18.99%
PNTG	73 Outperform	$996.99M	39.52	10.87%	―	29.89%	10.33%
CYH	61 Neutral	$450.19M	1.38	―	―	0.74%	―
BKD	59 Neutral	$2.65B	-8.56	-214.33%	―	3.93%	-42.22%
SNDA	54 Neutral	$593.87M	-11.14	-44.33%	―	34.99%	-68.73%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
CCRN	48 Neutral	$292.87M	-18.86	-3.76%	―	-22.14%	-787.87%

Sonida Senior Living Corporate Events

Sonida Senior Living Secures Expanded Credit Facilities for Acquisition

On December 29, 2025, Sonida Senior Living, Inc. entered into an amended and restated credit agreement with a syndicate of lenders led by BMO Bank, N.A., replacing its July 24, 2024 facility with a significantly larger, multi-tranche structure tied to the planned acquisition of CNL Healthcare Properties, Inc. The new agreement provides two term loan facilities totaling $525 million with three- and five-year maturities and a $375 million revolving credit facility with a four-year maturity and a one-year extension option, all bearing interest at variable rates linked to Term SOFR or a base rate, with margins dependent on Sonida’s leverage ratio. The facilities are secured by first-priority pledges of equity in borrowing-base property-owning entities and guaranteed by existing guarantor subsidiaries and designated CHP subsidiaries, subject to release of certain pledges after 12 months and covenant compliance. The loans are non-amortizing, allow prepayment without penalty, and are subject to comprehensive financial and operational covenants, including leverage, coverage, tangible net worth, borrowing-base, and dividend limitations. The lenders’ obligation to fund under the new credit agreement, and the effectiveness of the amended covenant package, remain contingent on the concurrent closing of the CHP acquisition and other customary conditions; if those are not met by the commitment termination date, Sonida’s prior credit agreement will remain in place.

The most recent analyst rating on (SNDA) stock is a Hold with a $31.00 price target. To see the full list of analyst forecasts on Sonida Senior Living stock, see the SNDA Stock Forecast page.

Sonida Senior Living Updates Bylaws for Stockholder Meetings

On December 10, 2025, Sonida Senior Living‘s board of directors approved a Third Amendment to its Bylaws, effective immediately. This amendment incorporates procedures for advance notice of stockholder nominations and other business for stockholder meetings, aligning with the company’s Certificate of Incorporation.

The most recent analyst rating on (SNDA) stock is a Hold with a $31.00 price target. To see the full list of analyst forecasts on Sonida Senior Living stock, see the SNDA Stock Forecast page.

Sonida Senior Living Reports Q3 2025 Financial Results

Sonida Senior Living announced its third-quarter 2025 results, highlighting a 21% growth in total portfolio community NOI, driven by rent growth and acquisitions. The company achieved its highest post-COVID occupancy levels and continued its acquisition strategy with a new community in Dallas-Fort Worth. A strategic merger with CNL Healthcare Properties, valued at approximately $1.8 billion, is expected to close in early 2026, marking a significant step in Sonida’s growth strategy. Despite increased revenues, the company reported a net loss of $26.9 million for Q3 2025, attributed to higher operating expenses and recent acquisitions.

The most recent analyst rating on (SNDA) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Sonida Senior Living stock, see the SNDA Stock Forecast page.

Sonida Senior Living Announces $1.8 Billion Merger Agreement

On November 4, 2025, Sonida Senior Living, Inc. announced a definitive merger agreement to acquire CNL Healthcare Properties, Inc. in a cash and stock transaction valued at approximately $1.8 billion. This strategic merger will create a $3 billion pure-play senior housing owner-operator, positioning Sonida as the eighth largest owner of U.S. senior living assets. The merger is expected to generate immediate per share earnings accretion and significant long-term value for shareholders, with estimated annual cost synergies of $16-20 million. The transaction will be funded with 66% stock and 34% cash, with committed financing from RBC, BMO, and equity commitments from Sonida’s largest shareholders. The merger will enhance Sonida’s balance sheet, deepen access to capital, and expand its portfolio to 153 owned senior living communities.

The most recent analyst rating on (SNDA) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Sonida Senior Living stock, see the SNDA Stock Forecast page.