National Bank Financial Weighs in on Sienna Senior Living Inc.’s FY2024 Earnings (TSE:SIA)

Sienna Senior Living Inc. (TSE:SIA) – Equities researchers at National Bank Financial reduced their FY2024 earnings per share estimates for shares of Sienna Senior Living in a note issued to investors on Wednesday, August 28th. National Bank Financial analyst G. Thornhill now anticipates that the company will earn $1.46 per share for the year, down from their prior forecast of $1.47. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.34 per share. National Bank Financial also issued estimates for Sienna Senior Living’s FY2025 earnings at $1.27 EPS.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The business had revenue of C$210.52 million for the quarter. Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%.

Several other brokerages also recently weighed in on SIA. National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, August 29th. Desjardins lifted their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday, August 12th. CIBC lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Royal Bank of Canada raised their target price on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. Finally, TD Securities raised their target price on shares of Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a 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 data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$17.42.

Sienna Senior Living Trading Up 1.2 %

TSE:SIA opened at C$15.70 on Monday. The business’s 50-day moving average is C$15.08 and its two-hundred day moving average is C$14.15. 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 has a 12 month low of C$9.87 and a 12 month high of C$15.91. The firm has a market capitalization of C$1.15 billion, a PE ratio of 40.26 and a beta of 1.19.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, September 13th will be given a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 5.96%. The ex-dividend date is Friday, August 30th. Sienna Senior Living’s payout ratio is 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.