FY2024 EPS Forecast for Sienna Senior Living Cut by Analyst

Sienna Senior Living Inc. (TSE:SIA) – Investment analysts at National Bank Financial dropped their FY2024 EPS estimates for shares of Sienna Senior Living in a report released on Sunday, December 15th. National Bank Financial analyst G. Thornhill now forecasts that the company will post earnings per share of $1.39 for the year, down from their previous estimate of $1.48. 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 $1.21 EPS.

Several other research firms also recently issued reports on SIA. TD Securities upped their price objective 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 target on Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th. Scotiabank lifted their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. CIBC upped their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th. Finally, Royal Bank of Canada lifted their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA stock opened at C$15.56 on Wednesday. Sienna Senior Living has a 1 year low of C$11.23 and a 1 year high of C$17.60. 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’s 50 day moving average is C$16.80 and its 200-day moving average is C$15.82. The firm has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 39.90 and a beta of 1.20.

Sienna Senior Living Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were paid a $0.078 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.02%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 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.