National Bank Financial Weighs in on Sienna Senior Living Inc.’s Q3 2024 Earnings (TSE:SIA)

Sienna Senior Living Inc. (TSE:SIA) – Analysts at National Bank Financial issued their Q3 2024 earnings per share estimates for Sienna Senior Living in a report issued on Tuesday, October 8th. National Bank Financial analyst G. Thornhill forecasts that the company will post earnings of $0.31 per share for the quarter. 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.

Other equities research analysts have also recently issued research reports about the company. Desjardins increased their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a report on Monday, August 12th. Royal Bank of Canada raised their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Scotiabank lifted their price target on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. CIBC upped their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Finally, TD Securities lifted 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 research note on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Sienna Senior Living currently has an average rating of “Moderate Buy” and an average price target of C$17.42.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$16.40 on Thursday. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. The firm has a 50-day moving average price of C$16.02 and a two-hundred day moving average price of C$14.80. Sienna Senior Living has a twelve month low of C$9.87 and a twelve month high of C$17.12. The company has a market capitalization of C$1.35 billion, a P/E ratio of 42.05 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The firm 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%.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 5.71%. The ex-dividend date is Friday, September 27th. 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.