Sienna Senior Living (TSE:SIA) Releases Earnings Results

Sienna Senior Living (TSE:SIA) posted its earnings results on Thursday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$261.70 million for the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%.

Sienna Senior Living Price Performance

Shares of Sienna Senior Living stock traded up C$0.13 on Friday, hitting C$19.41. 111,870 shares of the company traded hands, compared to its average volume of 270,354. The firm’s 50-day simple moving average is C$18.73 and its 200 day simple moving average is C$18.38. Sienna Senior Living has a 12-month low of C$14.59 and a 12-month high of C$19.85. The company has a market cap of C$1.79 billion, a P/E ratio of 49.77 and a beta of 0.94. 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 Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 14th will be given a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, October 31st. Sienna Senior Living’s dividend payout ratio (DPR) is currently 240.00%.

Wall Street Analyst Weigh In

Separately, Desjardins upped their price target on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently 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.