Sonida Senior Living Q3 net loss widens, expects CNL Healthcare merger to close in 2026

Sonida Senior Living

10/11/2025 13:25

Overview

Sonida Q3 2025 revenue grew 26.3% yr/yr, driven by rent growth and acquisitions

Net loss for Q3 2025 widens to $26.9 mln compared to $13.8 mln in Q3 2024

Company announces merger with CNL Healthcare, expected to close in 2026

Outlook

Sonida expects strategic merger with CNL Healthcare to close early 2026

Company anticipates significant value creation from CNL Healthcare merger

Sonida continues regional densification strategy in Texas with new acquisitions

Result Drivers

RENT GROWTH - Co attributes 26.3% revenue increase to higher rent rates and increased occupancy

ACQUISITIONS - New community acquisitions contributed to revenue growth and portfolio expansion

MERGER STRATEGY - Strategic merger with CNL Healthcare expected to enhance growth, closing in 2026

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$98.04 mln
Q3 EPS
-$1.56
Q3 Net Income
-$27.35 mln
Q3 Basic EPS
-$1.56
Q3 Operating Expenses
$65.15 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the healthcare facilities & services peer group is "buy."

Wall Street's median 12-month price target for Sonida Senior Living Inc is $26.00, about 23.3% below its November 7 closing price of $32.07

Press Release: ID:nBwbKy6f5a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)