Sienna Senior Living (SIA) Set to Announce Earnings on Thursday

Sienna Senior Living (TSE:SIA) will be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect Sienna Senior Living to post earnings of C$0.31 per share for the quarter.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.27 earnings per share (EPS) for the quarter. The firm had revenue of C$230.95 million for the quarter. Sienna Senior Living had a return on equity of 6.83% and a net margin of 3.29%.

Sienna Senior Living Trading Down 1.2 %

TSE SIA opened at C$15.48 on Wednesday. The company has a market cap of C$1.13 billion, a price-to-earnings ratio of 41.84 and a beta of 1.15. Sienna Senior Living has a 52 week low of C$9.87 and a 52 week high of C$15.90. The business has a 50 day moving average price of C$14.70 and a 200-day moving average price of C$13.72. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 267.80.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be issued a dividend of $0.078 per share. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $0.94 annualized dividend and a dividend yield of 6.05%. Sienna Senior Living’s dividend payout ratio is 254.05%.

Wall Street Analyst Weigh In

Several research firms have recently commented on SIA. National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. Scotiabank upgraded Sienna Senior Living from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$14.50 to C$16.50 in a report on Friday, May 10th. Royal Bank of Canada boosted their price objective on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 17th. CIBC upped their price target on Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “negative” rating in a research report on Monday, May 13th. Finally, Desjardins increased their price objective on Sienna Senior Living from C$15.50 to C$16.50 and gave the stock a “buy” rating in a report on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$16.14.

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.