National Bank Financial Forecasts TSE:SIA FY2024 Earnings

Sienna Senior Living Inc. (TSE:SIA) – Equities researchers at National Bank Financial cut their FY2024 earnings per share estimates for shares of Sienna Senior Living in a report issued on Sunday, December 15th. National Bank Financial analyst G. Thornhill now expects that the company will earn $1.39 per share for the year, down from their prior estimate of $1.48. 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 $1.21 EPS.

A number of other analysts also recently issued reports on the company. TD Securities lifted their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, October 21st. National Bankshares set a C$17.50 target price on shares of Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, August 29th. Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Scotiabank lifted their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. Finally, CIBC increased their target price on Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Stock Down 1.6 %

Shares of TSE:SIA opened at C$15.80 on Wednesday. The company has a market cap of C$1.30 billion, a price-to-earnings ratio of 40.51 and a beta of 1.20. Sienna Senior Living has a one year low of C$11.23 and a one year high of C$17.60. The firm has a fifty day moving average price of C$16.82 and a two-hundred day moving average price of C$15.82. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were paid a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend was Friday, November 29th. Sienna Senior Living’s payout ratio 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.