FY2024 Earnings Forecast for TSE:SIA Issued By Cormark

Sienna Senior Living Inc. (TSE:SIA) – Cormark issued their FY2024 earnings per share (EPS) estimates for shares of Sienna Senior Living in a research note issued on Wednesday, November 20th. Cormark analyst S. Srinivas anticipates that the company will earn $1.48 per share for the year. Cormark 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.

Several other equities research analysts have also commented on SIA. Scotiabank increased their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. TD Securities lifted their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Monday, October 21st. National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, August 29th. CIBC raised their target price on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th. Finally, Desjardins boosted their price target on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. Two investment 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’s stock. According to data from MarketBeat.com, Sienna Senior Living presently has a consensus rating of “Moderate Buy” and an average price target of C$18.00.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$16.81 on Monday. Sienna Senior Living has a one year low of C$10.62 and a one year high of C$17.60. The company has a market cap of C$1.39 billion, a P/E ratio of 42.77 and a beta of 1.20. The firm has a 50-day moving average of C$16.86 and a 200-day moving average of C$15.61. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were issued a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.57%. The ex-dividend date was Thursday, October 31st. Sienna Senior Living’s dividend payout ratio (DPR) is currently 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.