Sonida Senior Living Inc Stock Price, News & Analysis

Sonida Senior Living (NYSE: SNDA) has expanded its presence in the Greater Atlanta region with four senior living communities, totaling 240 Assisted Living and Memory Care apartments. The expansion includes The Waterford at Decatur (June 2024), The Addison of Sandy Springs and The Addison of Gwinnett Park (November 2024), and The Addison of Alpharetta (June 2025).

The company celebrated the rebranding of three communities with grand opening events hosting over 200 guests. Sonida has made significant investments in common areas, programming, personnel, and IT infrastructure, including the implementation of Sage and SafelyYou's AI Care Platform, along with dedicated Magnolia Trails™ memory care neighborhoods.

Sonida Senior Living (NYSE: SNDA) has received Ohio Residential Care Facility license for its newly constructed Vista building at The Wellington at North Bend Crossing following a deficiency-free survey. The 82-unit facility will provide Assisted Living and Memory Care services in Cincinnati.

The facility features advanced technology including Sage OS nurse call system and SafelyYou AI fall-detection, creating 65 new jobs across various departments. Notable amenities include a 1,000-sq-ft rehab gym, theater, multiple dining venues, and outdoor spaces. The expansion aligns with Sonida's growth strategy, incorporating their Joyful Living™ philosophy and Magnolia Trails™ memory-care program.

Sonida Senior Living (NYSE: SNDA), a leading senior living communities operator, has scheduled its second quarter 2025 earnings release for Monday, August 11, 2025, before market open.

The company will host a conference call and webcast at 11:00 a.m. Eastern Time to discuss financial performance and operating results. Participants can join via phone using dial-in (800) 715-9871 (international: +1 (646) 307-1963) with passcode 4619110, or access the live webcast online.

A webcast replay will be available on Sonida's IR website for 12 months, while a telephonic replay will be accessible for 7 days at (800) 770-2030 using the same passcode.

Sonida Senior Living (NYSE: SNDA) has completed two strategic senior living asset acquisitions in Atlanta and Tampa submarkets for a combined $22 million. In Atlanta's Alpharetta submarket, the company acquired an 88-unit facility (64 Assisted Living/24 Memory Care) for $11 million ($125,000/unit). In Tampa's Tarpon Springs area, they purchased a 64-unit Memory Care facility for $11 million ($172,000/unit). Both 2017-built properties were acquired at significant discounts to replacement cost. The Atlanta acquisition brings Sonida's greater Atlanta portfolio to 4 assets, while the Tampa purchase increases their Florida portfolio to 8 properties. The company expects double-digit cap rates upon stabilization for both properties and funded the acquisitions through cash on hand, credit facility, and a new $9 million non-recourse mortgage.

Sonida Senior Living (NYSE: SNDA) reported strong Q1 2025 results with significant growth in key metrics. Resident revenue increased 30.6% year-over-year to $79.3 million, while same-store portfolio occupancy rose 100 basis points to 86.8%. The company reported a net loss of $12.5 million in Q1 2025, compared to net income of $27.0 million in Q1 2024, which included a one-time $38.1 million debt extinguishment gain. Q1 2025 Adjusted EBITDA grew 43.2% to $13.6 million. Same-store portfolio performance showed strong improvements with RevPAR up 6.8% to $3,711 and Community NOI increasing 19.3% to $16.1 million. The company maintains strong liquidity with $14.0 million in unrestricted cash and $43.2 million available under its Credit Facility as of March 31, 2025.

Sonida Senior Living (NYSE: SNDA), a leading senior living communities owner and operator, has announced its participation in two major upcoming investor conferences in New York City. The company's management team, including CEO Brandon Ribar, CFO Kevin Detz, and CIO Max Levy, will attend:

1. The 2025 BMO North American Real Estate Conference on May 13-14, where they will hold one-on-one meetings with institutional investors.

2. The 2025 RBC Capital Markets Global Healthcare Conference on May 20-21, featuring one-on-one meetings and a fireside chat with CEO Brandon Ribar, moderated by RBC Research's Ben Hendrix on May 21st at 11:30 a.m. ET. The chat will be available for replay on Sonida's investor relations website.

Sonida Senior Living (SNDA) has announced the expansion of The Wellington at North Bend Crossing in Cincinnati with its new Vista building, set to open in Summer 2025. The four-story expansion will add 82 new Assisted Living and Memory Care apartments with a capacity for 113 residents. The project will create 65 new jobs and includes extensive amenities such as a 1,000-square-foot rehabilitation gym, theater, game room, multiple dining venues, and outdoor spaces.

Notable additions include fully furnished Assisted Living apartments for temporary stays and respite care, plus an expanded Memory Care neighborhood featuring Sonida's Magnolia Trails™ program. With this expansion, the facility will offer a total of 318 apartments across Independent Living, Assisted Living, Memory Care, and Temporary Stay/Respite Care services.

Sonida Senior Living (NYSE: SNDA), a leading owner, operator and investor in senior living communities and services, has scheduled its first quarter 2025 earnings release for Monday, May 12, 2025, before market open. The company will host a conference call and webcast at 11:00 a.m. Eastern Time to discuss its financial performance and operating results.

Participants can join via phone at (800) 715-9871 (international: +1 (646) 307-1963) using passcode 4619110. A webcast replay will be available on Sonida's IR website for 12 months, while a telephonic replay will be accessible for 7 days at (800) 770-2030.

Sonida Senior Living (NYSE: SNDA) reported its Q4 and full-year 2024 results, marking a transformative year with significant growth. The company's same-store portfolio saw a 70 basis point increase in weighted average occupancy to 86.6% in Q4 2024.

Key financial highlights include:

• Net loss improved to $2.1M in 2024 from $21.1M in 2023
• Adjusted EBITDA increased 27.4% to $43.2M in 2024
• Q4 2024 RevPAR rose 6.0% to $3,678
• RevPOR increased 5.1% to $4,248

Notable transactions include:

• Cincinnati acquisition for $16.3M in December 2024
• Atlanta market expansion with two communities for $29.0M
• Fannie Mae loan extension to 2029
• Expanded credit facility to $150M total commitment