National Bank Financial Weighs in on TSE:SIA FY2024 Earnings

Sienna Senior Living Inc. (TSE:SIA) – Analysts at National Bank Financial raised their FY2024 earnings per share (EPS) estimates for shares of Sienna Senior Living in a research report issued on Tuesday, November 12th. National Bank Financial analyst G. Thornhill now forecasts that the company will earn $1.48 per share for the year, up from their prior estimate of $1.47. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. National Bank Financial also issued estimates for Sienna Senior Living’s FY2025 earnings at $1.36 EPS.

A number of other research analysts have also issued reports on SIA. CIBC upped their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday. TD Securities lifted their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a research note on Monday, October 28th. Scotiabank increased their target price on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday. Finally, Royal Bank of Canada lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Stock Up 1.8 %

Shares of TSE:SIA opened at C$16.80 on Thursday. The company has a market capitalization of C$1.39 billion, a P/E ratio of 43.08 and a beta of 1.20. The stock’s fifty day simple moving average is C$16.80 and its 200-day simple moving average is C$15.40. Sienna Senior Living has a 52-week low of C$10.56 and a 52-week high of C$17.60. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date is Thursday, October 31st. Sienna Senior Living’s payout ratio is currently 241.03%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.