Sonida Senior Living Q4 revenue rises on occupancy gains

Sonida Senior Living

11/03/2026 11:57

Overview

U.S. senior housing operator's Q4 resident revenue grew 11.9% yr/yr, driven by occupancy gains

Net loss widened in Q4 due to merger-related costs and impairment charges

Company completed $1.8 bln acquisition of CNL Healthcare Properties in March 2026

Outlook

Sonida expects 2026 results to be materially impacted by the CHP acquisition

Company cites historically favorable senior housing fundamentals as supporting future growth

Sonida sees its integrated owner-operator model as a driver for continued growth

Result Drivers

OCCUPANCY AND RATE GAINS - Co said Q4 revenue growth was primarily due to increased occupancy and higher average rent rates, as well as contributions from newly acquired communities

HIGHER OPERATING EXPENSES - Operating expenses rose due to additional costs from acquired communities and higher labor costs in existing properties

MERGER AND IMPAIRMENT COSTS - Net loss widened due to transaction, transition and restructuring costs linked to the CHP Merger and impairment charges on certain properties

Company press release: ID:nBw6wTLLRa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$1.72
Q4 Net Income
-$30.15 mln
Q4 Basic EPS
-$1.72
Q4 Operating Expenses
$66.24 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

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 $31.50, about 15.2% below its March 10 closing price of $37.16

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)