Sonida Senior Living (NYSE:SNDA – Get Free Report) had its price target lifted by research analysts at Cantor Fitzgerald from $42.00 to $47.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 13.09% from the stock’s current price.
SNDA has been the topic of several other reports. Wall Street Zen raised Sonida Senior Living from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Royal Bank Of Canada boosted their target price on shares of Sonida Senior Living from $45.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Citizens Jmp began coverage on shares of Sonida Senior Living in a report on Monday, July 27th. They set an “outperform” rating and a $50.00 target price on the stock. Compass Point began coverage on shares of Sonida Senior Living in a research report on Tuesday. They issued a “buy” rating and a $65.00 price target on the stock. Finally, Robert W. Baird lifted their price target on shares of Sonida Senior Living from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Sonida Senior Living has a consensus rating of “Moderate Buy” and an average target price of $47.50.
Get Our Latest Stock Report on Sonida Senior Living
Sonida Senior Living Stock Up 3.1%
Sonida Senior Living (NYSE:SNDA – Get Free Report) last released its earnings results on Monday, August 10th. The company reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.43). The firm had revenue of $207.65 million for the quarter. Sonida Senior Living had a negative return on equity of 36.98% and a negative net margin of 24.15%.During the same quarter in the previous year, the company posted ($0.16) earnings per share. As a group, equities research analysts anticipate that Sonida Senior Living will post -1.72 earnings per share for the current year.
Insider Buying and Selling at Sonida Senior Living
In related news, Director Benjamin P. Harris sold 2,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $37.46, for a total value of $93,650.00. Following the sale, the director owned 9,182 shares of the company’s stock, valued at $343,957.72. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 39.30% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Capital Advisors Ltd. LLC acquired a new stake in shares of Sonida Senior Living in the first quarter valued at approximately $45,000. Main Street Group LTD acquired a new position in shares of Sonida Senior Living during the first quarter worth approximately $50,000. First Pacific Financial acquired a new position in shares of Sonida Senior Living during the first quarter worth approximately $56,000. Darwin Wealth Management LLC acquired a new position in shares of Sonida Senior Living during the first quarter worth approximately $63,000. Finally, Sunbelt Securities Inc. bought a new position in Sonida Senior Living in the 1st quarter worth approximately $64,000. Institutional investors own 87.55% of the company’s stock.
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.
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