Sonida Senior Living: Soaring Demand, Limited New Supply, And A Low Valuation

Sonida (NYSE: SNDA ) shares have fallen 31% from their recent high despite positive operating results and continued progress in making acquisitions. As we sit today, shares trade at an implied current cap rate of 7.4%, a significant discount Analyst's Disclosure: I/we have a beneficial long position in the shares of SNDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking ...