Sienna Senior Living (TSE:SIA) Issues Earnings Results

Sienna Senior Living (TSE:SIA) released its quarterly earnings results on Tuesday. The company reported C$0.11 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$277.08 million for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$22.74 on Thursday. The stock has a 50-day simple moving average of C$22.26 and a two-hundred day simple moving average of C$22.45. Sienna Senior Living has a 52-week low of C$17.35 and a 52-week high of C$24.07. The company has a debt-to-equity ratio of 165.07, a quick ratio of 0.23 and a current ratio of 0.60. The firm has a market capitalization of C$2.41 billion, a PE ratio of 47.38 and a beta of 1.07.

Sienna Senior Living Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, August 14th will be given a dividend of $0.078 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a yield of 4.1%. Sienna Senior Living’s payout ratio is 195.00%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Canaccord Genuity Group upped their price objective on Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research report on Thursday, May 7th. Scotia raised their target price on Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 7th. ATB Cormark Capital Markets boosted their price target on Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. National Bank Financial upped their price target on shares of Sienna Senior Living from C$24.50 to C$27.50 and gave the company an “outperform” rating in a research report on Monday, April 20th. Finally, TD increased their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$26.09.

About Sienna Senior Living

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.