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

Sienna Senior Living (TSE:SIA) is scheduled to post 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 EPS for the quarter. Sienna Senior Living had a return on equity of 6.83% and a net margin of 3.29%. The company had revenue of C$230.95 million for the quarter.

Sienna Senior Living Trading Down 1.2 %

Shares of SIA stock opened at C$15.48 on Wednesday. The stock has a 50-day simple moving average of C$14.70 and a 200 day simple moving average of C$13.72. Sienna Senior Living has a fifty-two week low of C$9.87 and a fifty-two week high of C$15.90. The stock has a market capitalization of C$1.13 billion, a P/E ratio of 41.84 and a beta of 1.15. 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 business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be given a $0.078 dividend. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.05%. Sienna Senior Living’s dividend payout ratio (DPR) is 254.05%.

Analyst Ratings Changes

SIA has been the subject of several research analyst reports. TD Securities increased their price objective on Sienna Senior Living from C$15.00 to C$17.00 and gave the stock a “buy” rating in a research note on Tuesday, May 14th. Scotiabank raised Sienna Senior Living from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$14.50 to C$16.50 in a research note on Friday, May 10th. National Bankshares set a C$17.00 price target on Sienna Senior Living and gave the company an “outperform” rating in a report on Tuesday, July 23rd. Royal Bank of Canada lifted their price target on Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Friday, May 17th. Finally, National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$16.14.

About Sienna Senior Living

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.