FY2024 Earnings Forecast for TSE:SIA Issued By Cormark

Sienna Senior Living Inc. (TSE:SIA) – Investment analysts at Cormark issued their FY2024 earnings estimates for shares of Sienna Senior Living in a research report issued to clients and investors on Wednesday, November 20th. Cormark analyst S. Srinivas expects that the company will post earnings of $1.48 per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. Cormark also issued estimates for Sienna Senior Living’s Q4 2024 earnings at $0.31 EPS, Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.35 EPS and FY2026 earnings at $1.37 EPS.

SIA has been the topic of several other research reports. 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. 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. Desjardins increased their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. Scotiabank raised their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. Finally, CIBC increased their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, 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

Shares of SIA stock opened at C$16.84 on Monday. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The company has a market capitalization of C$1.39 billion, a PE ratio of 43.18 and a beta of 1.20. The firm’s 50-day moving average is C$16.86 and its two-hundred day moving average is C$15.57. 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 firm also recently declared 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 of this dividend was Thursday, October 31st. This represents a $0.94 annualized dividend and a dividend yield of 5.56%. Sienna Senior Living’s dividend payout ratio (DPR) is 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.