Desjardins Has Positive Estimate for TSE:SIA FY2024 Earnings

Sienna Senior Living Inc. (TSE:SIA) – Equities research analysts at Desjardins lifted their FY2024 earnings per share (EPS) estimates for shares of Sienna Senior Living in a research note issued to investors on Tuesday, November 12th. Desjardins analyst L. Kalmar now expects that the company will earn $1.45 per share for the year, up from their previous forecast of $1.43. Desjardins currently has a “Buy” rating and a $17.50 target price on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. Desjardins also issued estimates for Sienna Senior Living’s Q4 2024 earnings at $0.29 EPS, FY2025 earnings at $1.23 EPS and FY2026 earnings at $1.34 EPS.

A number of other equities analysts have also recently commented on the stock. Scotiabank lifted their price objective on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday. CIBC lifted their price target on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday. Royal Bank of Canada upped their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. TD Securities raised their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, August 29th. 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. According to data from MarketBeat, Sienna Senior Living presently has a consensus rating of “Moderate Buy” and an average target price of C$18.00.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$16.33 on Friday. Sienna Senior Living has a 52-week low of C$10.62 and a 52-week high of C$17.60. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. The firm’s fifty day moving average is C$16.82 and its 200 day moving average is C$15.45. 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.

Sienna Senior Living Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were paid a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date was Thursday, October 31st. Sienna Senior Living’s dividend 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.