What is Desjardins’ Forecast for TSE:SIA FY2024 Earnings?

Sienna Senior Living Inc. (TSE:SIA) – Investment analysts at Desjardins lifted their FY2024 earnings per share (EPS) estimates for shares of Sienna Senior Living in a research report issued to clients and investors on Tuesday, November 12th. Desjardins analyst L. Kalmar now expects that the company will post earnings per share of $1.45 for the year, up from their previous estimate of $1.43. Desjardins currently has a “Buy” rating and a $17.50 target price on the stock. The consensus estimate for Sienna Senior Living’s current full-year earnings is $0.46 per share. Desjardins also issued estimates for Sienna Senior Living’s Q4 2024 earnings at $0.29 EPS, FY2025 earnings at $1.23 EPS and FY2026 earnings at $1.34 EPS.

Several other brokerages also recently commented on SIA. Cormark raised Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. Scotiabank boosted their target price on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday. CIBC boosted their price objective on Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday. Finally, National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$18.00.

Sienna Senior Living Trading Down 2.3 %

Shares of SIA stock opened at C$16.42 on Friday. The firm has a market capitalization of C$1.36 billion, a P/E ratio of 42.23 and a beta of 1.20. Sienna Senior Living has a twelve month low of C$10.62 and a twelve month high of C$17.60. The stock’s fifty day simple moving average is C$16.80 and its 200 day simple moving average is C$15.40. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.078 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.94 annualized dividend and a yield of 5.70%. Sienna Senior Living’s payout ratio is 241.03%.

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.