National Bank Financial Weighs in on Sienna Senior Living Inc’s FY2020 Earnings (TSE:SIA)

Sienna Senior Living Inc (TSE:SIA) – Stock analysts at National Bank Financial boosted their FY2020 EPS estimates for Sienna Senior Living in a research report issued on Wednesday, June 24th. National Bank Financial analyst T. Woolley now forecasts that the company will post earnings per share of $1.35 for the year, up from their previous forecast of $1.32.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.34 by C($0.38). The company had revenue of C$166.44 million during the quarter.

Several other research analysts also recently issued reports on SIA. Royal Bank of Canada cut their price objective on Sienna Senior Living from C$15.50 to C$14.50 and set a “sector perform” rating for the company in a research report on Thursday, May 21st. Canaccord Genuity cut their price target on Sienna Senior Living from C$13.50 to C$11.75 in a report on Tuesday, June 9th. TD Securities lowered their price objective on shares of Sienna Senior Living from C$16.50 to C$16.00 and set a “buy” rating for the company in a research note on Sunday, May 17th. CIBC lowered their price objective on shares of Sienna Senior Living from C$17.75 to C$16.50 in a research note on Sunday, May 17th. Finally, Laurentian Bank of Canada raised shares of Sienna Senior Living from a “hold” rating to a “buy” rating and lowered their price objective for the company from C$18.00 to C$17.00 in a research note on Tuesday, May 19th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$14.86.

Shares of Sienna Senior Living stock opened at C$9.25 on Monday. The company has a debt-to-equity ratio of 202.45, a current ratio of 0.24 and a quick ratio of 0.23. Sienna Senior Living has a 1 year low of C$9.00 and a 1 year high of C$20.35. The company has a market capitalization of $670.39 million and a P/E ratio of 140.15. The business has a 50 day moving average price of C$10.22 and a 200 day moving average price of C$14.67.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.078 dividend. The ex-dividend date of this dividend is Monday, June 29th. This represents a $0.94 dividend on an annualized basis and a yield of 10.12%. Sienna Senior Living’s payout ratio is currently 1,424.24%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc, through its subsidiaries, provides senior housing and long-term care (LTC) services in Canada. It operates through LTC and Retirement segments. The company offers a range of seniors' living options, including independent and assisted living, memory care, long-term care, and specialized programs and services, as well as provides management services.

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Earnings History and Estimates for Sienna Senior Living (TSE:SIA)

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