National Bank Financial Research Analysts Lift Earnings Estimates for Sienna Senior Living Inc. (TSE:SIA)

Sienna Senior Living Inc. (TSE:SIA) – Investment analysts at National Bank Financial boosted their FY2024 earnings per share (EPS) estimates for Sienna Senior Living in a note issued to investors on Sunday, August 11th. National Bank Financial analyst G. Thornhill now forecasts that the company will earn $1.47 per share for the year, up from their previous forecast of $1.46. 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 $0.33 per share. National Bank Financial also issued estimates for Sienna Senior Living’s FY2025 earnings at $1.32 EPS.

Several other analysts have also issued reports on SIA. Desjardins upped their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday. Royal Bank of Canada upped their price objective on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 17th. National Bankshares set a C$17.00 target price on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research report on Tuesday, July 23rd. CIBC upped their target price on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a report on Monday. Finally, Scotiabank increased their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research report on Monday. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.17.

Sienna Senior Living Trading Up 0.8 %

Shares of Sienna Senior Living stock opened at C$15.22 on Wednesday. The company has a market capitalization of C$1.11 billion, a P/E ratio of 39.03 and a beta of 1.15. The stock has a fifty day simple moving average of C$14.83 and a 200 day simple moving average of C$13.85. Sienna Senior Living has a 12-month low of C$9.87 and a 12-month high of C$15.91. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10.

Sienna Senior Living Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were paid a dividend of $0.078 per share. The ex-dividend date was Wednesday, July 31st. This represents a $0.94 annualized dividend and a dividend yield of 6.15%. Sienna Senior Living’s payout ratio 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.