Sienna Senior Living (TSE:SIA) Issues Quarterly Earnings Results

Sienna Senior Living (TSE:SIA) issued its earnings results on Thursday. The company reported C$0.11 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$252.69 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%.

Sienna Senior Living Price Performance

Shares of TSE SIA traded down C$0.21 during trading on Thursday, reaching C$19.28. The company had a trading volume of 150,394 shares, compared to its average volume of 271,333. The stock has a market capitalization of C$1.78 billion, a PE ratio of 49.44 and a beta of 0.94. The stock has a 50-day moving average price of C$18.70 and a two-hundred day moving average price of C$18.37. Sienna Senior Living has a twelve month low of C$14.59 and a twelve month high of C$19.85. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 14th will be issued a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, October 31st. Sienna Senior Living’s dividend payout ratio is 240.00%.

Analysts Set New Price Targets

Separately, Desjardins lifted their price objective on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$19.40.

Sienna Senior Living Company Profile

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.