Brokers Set Expectations for TSE:SIA FY2024 Earnings

Sienna Senior Living Inc. (TSE:SIA) – Equities research analysts at National Bank Financial upped their FY2024 EPS estimates for Sienna Senior Living in a research report issued on Tuesday, November 12th. National Bank Financial analyst G. Thornhill now expects that the company will post earnings per share of $1.48 for the year, up from their previous 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 $0.46 per share. National Bank Financial also issued estimates for Sienna Senior Living’s FY2025 earnings at $1.36 EPS.

Several other equities analysts have also recently issued reports on SIA. Scotiabank lifted their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday. Desjardins boosted their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. National Bankshares set a C$17.50 target price on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th. Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Finally, TD Securities increased their price target on shares of 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. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Price Performance

SIA stock opened at C$16.33 on Thursday. The company has a market cap of C$1.35 billion, a price-to-earnings ratio of 41.87 and a beta of 1.20. 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 of C$16.82 and a 200-day moving average of C$15.43. Sienna Senior Living has a 12-month low of C$10.62 and a 12-month high of C$17.60.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.078 dividend. The ex-dividend date was Thursday, October 31st. This represents a $0.94 annualized dividend and a yield of 5.73%. Sienna Senior Living’s payout ratio is currently 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.