Brokers Issue Forecasts for TSE:SIA FY2024 Earnings

Sienna Senior Living Inc. (TSE:SIA) – Research analysts at Cormark issued their FY2024 earnings estimates for Sienna Senior Living in a research report issued on Wednesday, November 20th. Cormark analyst S. Srinivas forecasts that the company will post earnings of $1.48 per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. Cormark also issued estimates for Sienna Senior Living’s Q4 2024 earnings at $0.31 EPS, Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.35 EPS and FY2026 earnings at $1.37 EPS.

A number of other brokerages have also commented on SIA. TD Securities upped their target price 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 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th. Royal Bank of Canada lifted their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Scotiabank upped their target price on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. Finally, Desjardins lifted their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research report on Monday, August 12th. Two 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’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Stock Down 1.1 %

Sienna Senior Living stock opened at C$16.84 on Monday. The business’s 50-day simple moving average is C$16.86 and its two-hundred day simple moving average is C$15.57. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The company has a market cap of C$1.39 billion, a PE ratio of 43.18 and a beta of 1.20. Sienna Senior Living has a fifty-two week low of C$10.62 and a fifty-two week high of C$17.60.

Sienna Senior Living Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.078 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.56%. 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.