Brokerages Set Sonida Senior Living, Inc. (NYSE:SNDA) Target Price at $35.75

Shares of Sonida Senior Living, Inc. (NYSE:SNDA) have earned an average rating of “Hold” from the five brokerages that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $35.75.

SNDA has been the subject of several research analyst reports. Robert W. Baird boosted their price objective on Sonida Senior Living from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wall Street Zen lowered Sonida Senior Living from a “hold” rating to a “sell” rating in a research report on Sunday, April 26th. Cantor Fitzgerald assumed coverage on Sonida Senior Living in a research report on Monday, April 13th. They issued an “overweight” rating and a $36.00 price objective for the company. Morgan Stanley upped their price target on Sonida Senior Living from $28.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 7th. Finally, Weiss Ratings raised Sonida Senior Living from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, April 17th.

Hedge Funds Weigh In On Sonida Senior Living

A number of large investors have recently bought and sold shares of SNDA. Capital Advisors Ltd. LLC acquired a new position in Sonida Senior Living during the 1st quarter worth approximately $45,000. First Pacific Financial acquired a new position in Sonida Senior Living during the 1st quarter worth approximately $56,000. Sound Income Strategies LLC acquired a new position in Sonida Senior Living during the 1st quarter worth approximately $131,000. World Investment Advisors acquired a new position in Sonida Senior Living during the 1st quarter worth approximately $208,000. Finally, Private Advisor Group LLC acquired a new position in Sonida Senior Living during the 1st quarter worth approximately $238,000. Institutional investors and hedge funds own 87.55% of the company’s stock.

Sonida Senior Living Trading Up 1.1%

Shares of SNDA opened at $37.93 on Friday. The company has a debt-to-equity ratio of 136.33, a current ratio of 0.74 and a quick ratio of 0.74. Sonida Senior Living has a 52-week low of $22.26 and a 52-week high of $38.17. The company has a market capitalization of $1.80 billion, a P/E ratio of -9.01 and a beta of 0.75.

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

Sonida Senior Living Company Profile

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.