Sonida Senior Living, Inc. (NYSE:SNDA – Get Free Report) Director Benjamin Harris sold 2,500 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $37.46, for a total value of $93,650.00. Following the transaction, the director owned 9,182 shares in the company, valued at approximately $343,957.72. This represents a 21.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Sonida Senior Living Stock Performance
SNDA stock opened at $34.86 on Wednesday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -5.98 and a beta of 0.78. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 1.58. Sonida Senior Living, Inc. has a 1 year low of $23.66 and a 1 year high of $39.66. The company has a 50-day moving average of $35.54.
Sonida Senior Living (NYSE:SNDA – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported ($2.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.67) by ($0.72). The firm had revenue of $122.63 million during the quarter. Sonida Senior Living had a negative net margin of 24.15% and a negative return on equity of 36.98%. On average, equities research analysts predict that Sonida Senior Living, Inc. will post -1.72 EPS for the current year.
Institutional Trading of Sonida Senior Living
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Morgan Stanley boosted their price objective on shares of Sonida Senior Living from $31.00 to $38.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Robert W. Baird lifted their target price on Sonida Senior Living from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $45.00 price target on shares of Sonida Senior Living in a research note on Tuesday, May 12th. Cantor Fitzgerald increased their price target on Sonida Senior Living from $36.00 to $42.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings lowered Sonida Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $40.50.
Read Our Latest Report on SNDA
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.
Featured Stories
- Five stocks we like better than Sonida Senior Living
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Sonida Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonida Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.
