Sienna Senior Living (TSE:SIA) Releases Quarterly Earnings Results

Sienna Senior Living (TSE:SIA) issued its earnings results on Thursday. The company reported C$0.14 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$274.24 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%.

Sienna Senior Living Stock Performance

Shares of SIA stock traded down C$0.32 during mid-day trading on Thursday, hitting C$23.08. The stock had a trading volume of 236,034 shares, compared to its average volume of 295,644. Sienna Senior Living has a fifty-two week low of C$15.20 and a fifty-two week high of C$23.75. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The company’s 50-day simple moving average is C$21.45 and its 200-day simple moving average is C$19.81. The firm has a market cap of C$2.17 billion, a PE ratio of 52.45 and a beta of 0.91.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Canadian Imperial Bank of Commerce upgraded shares of Sienna Senior Living from a “hold” rating to an “outperform” rating and upped their price objective for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Desjardins boosted their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Canaccord Genuity Group set a C$24.50 price target on Sienna Senior Living and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada lifted their price target on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Monday, November 24th. Finally, Scotiabank increased their price objective on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$22.67.

Sienna Senior Living Company Profile

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.