Sonida Senior Living Q3 net loss widens, expects CNL Healthcare merger to close in 2026
Sonida Senior Living reported a Q3 2025 net loss of $26.9 million, up from $13.8 million in Q3 2024, despite a 26.3% revenue increase driven by rent growth and acquisitions. The company announced a strategic merger with CNL Healthcare, expected to close in early 2026, which is anticipated to create significant value. The average analyst rating is "hold," with a 12-month price target of $26.00, reflecting a 23.3% decrease from its recent closing price of $32.07.
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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/Mis Actual Consensu
s s
Estimate
Q3 $98.04
Revenue mln
Q3 EPS -$1.56
Q3 Net -$27.35
Income mln
Q3 Basic -$1.56
EPS
Q3 $65.15
Operatin mln
g
Expenses
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: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)
