Desjardins Brokers Increase Earnings Estimates for TSE:SIA

Sienna Senior Living Inc. (TSE:SIA) – Desjardins raised their FY2024 EPS estimates for Sienna Senior Living in a report issued on Tuesday, November 12th. Desjardins analyst L. Kalmar now anticipates that the company will post earnings per share of $1.45 for the year, up from their prior forecast of $1.43. Desjardins has a “Buy” rating and a $17.50 price objective on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. Desjardins also issued estimates for Sienna Senior Living’s Q4 2024 earnings at $0.29 EPS, FY2025 earnings at $1.23 EPS and FY2026 earnings at $1.34 EPS.

Several other equities research analysts have also issued reports on the stock. Scotiabank increased their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday. Royal Bank of Canada increased their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, August 29th. CIBC increased their price objective on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday. Finally, Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$16.33 on Friday. Sienna Senior Living has a fifty-two week low of C$10.62 and a fifty-two week high of C$17.60. The firm’s 50 day moving average is C$16.82 and its two-hundred day moving average is C$15.43. The company has a market cap of C$1.35 billion, a P/E ratio of 41.87 and a beta of 1.20. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.078 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a yield of 5.73%. Sienna Senior Living’s dividend payout ratio (DPR) is 241.03%.

About Sienna Senior Living

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.