Added to YB: 2026-03-13
Pitch date: 2026-03-11
SNDA [neutral]
Sonida Senior Living, Inc.
+3.26%
current return
Author Info
No bio for this author
Company Info
Sonida Senior Living, Inc. owns and operates senior housing communities in the United States. The company provides independent living services, which include daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes.
Market Cap
$661.8M
Pitch Price
$32.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
54.32
P/E
-8.80
EV/Sales
3.66
Sector
Health Care Providers and Services
Category
special_situation
Breaking down the Sonida for CNL Healthcare deal
SNDA (update): Acquired CNL Healthcare w/ asymmetric collar protecting both parties from stock volatility. Deal valued at $6.90/share ($2.32 cash + $4.58 stock). Collar ensured SNDA issued fewer shares (0.1318-0.2015 range) as stock hit $34.76 ceiling in 10-day VWAP, minimizing dilution while boosting FFO. Continuing roll-up of undermanaged senior living assets. RevPAR, NOI margin, occupancy all improving. Demographic tailwinds strong.
Read full article (2 min)