Sonida Senior Living, Inc. (NYSE:SNDA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Sonida Senior Living, Inc. (NYSE:SNDA) have earned an average rating of “Hold” from the five analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $35.75.

A number of research firms have issued reports on SNDA. Cantor Fitzgerald began coverage on shares of Sonida Senior Living in a report on Monday, April 13th. They set an “overweight” rating and a $36.00 price objective on the stock. Robert W. Baird raised their price target on shares of Sonida Senior Living from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Friday. Wall Street Zen upgraded shares of Sonida Senior Living from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Weiss Ratings raised shares of Sonida Senior Living from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, April 17th. Finally, Morgan Stanley increased their price objective on shares of Sonida Senior Living from $28.00 to $31.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 7th.

Sonida Senior Living Stock Performance

SNDA stock opened at $35.12 on Friday. The company has a market capitalization of $1.66 billion, a PE ratio of -8.34 and a beta of 0.75. The company has a debt-to-equity ratio of 136.33, a quick ratio of 0.74 and a current ratio of 0.74. Sonida Senior Living has a twelve month low of $21.54 and a twelve month high of $37.57.

Sonida Senior Living (NYSE:SNDA) last announced its quarterly earnings results on Wednesday, March 11th. The company reported ($1.72) earnings per share (EPS) for the quarter. The company had revenue of $97.66 million for the quarter. Sonida Senior Living had a negative return on equity of 150.51% and a negative net margin of 18.57%. As a group, equities analysts predict that Sonida Senior Living will post -2.3 EPS for the current fiscal year.

Institutional Trading of Sonida Senior Living

Hedge funds have recently bought and sold shares of the business. Ritholtz Wealth Management purchased a new position in Sonida Senior Living in the first quarter worth $545,000. Ocean Park Asset Management LLC purchased a new stake in shares of Sonida Senior Living during the 1st quarter valued at $337,000. RFG Advisory LLC bought a new stake in shares of Sonida Senior Living during the 1st quarter worth $279,000. Brookstone Capital Management bought a new stake in shares of Sonida Senior Living during the 1st quarter worth $258,000. Finally, First Pacific Financial purchased a new position in shares of Sonida Senior Living in the 1st quarter worth about $56,000. 87.55% of the stock is currently owned by institutional investors.

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.