Sienna Senior Living (TSE:SIA) Posts Earnings Results

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

Sienna Senior Living Stock Performance

TSE SIA traded down C$0.27 during trading on Tuesday, hitting C$22.02. The company’s stock had a trading volume of 426,441 shares, compared to its average volume of 332,854. Sienna Senior Living has a 52 week low of C$17.35 and a 52 week high of C$24.07. The firm has a market cap of C$2.34 billion, a P/E ratio of 45.88 and a beta of 1.06. The firm has a 50 day moving average price of C$22.24 and a 200 day moving average price of C$22.43. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 165.07.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 14th will be issued a $0.078 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.3%. Sienna Senior Living’s dividend payout ratio (DPR) is 195.00%.

Analyst Upgrades and Downgrades

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