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

Sienna Senior Living (TSE:SIA) announced its quarterly earnings data on Friday. The company reported C$0.09 EPS for the quarter, FiscalAI reports. The company had revenue of C$284.38 million for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%.

Here are the key takeaways from Sienna Senior Living’s conference call:

• Sienna reported 8.7% same-property NOI growth and 12.4% revenue growth year over year; same-property NOI rose 11.6% in retirement and 6.2% in long-term care, or 11.5% in long-term care excluding retroactive items.
• Retirement occupancy reached 94.9% in Q3 and 95.2% in October, while care revenue grew nearly 30% year over year. Management raised its 2026 retirement margin-growth outlook to 150–200 basis points and expects retirement NOI growth to exceed 10%.
• Management raised its 2026 long-term-care same-property NOI growth outlook to the high single digits, citing government funding increases, private accommodation revenue, and redevelopments. The company also expects to launch two redevelopment projects comprising more than 700 beds, with construction anticipated to start in early 2027.
• Sienna said it has completed or contracted seven 2026 acquisitions totaling about CAD 430 million. It ended Q3 with approximately CAD 595 million in liquidity; management estimated pro forma leverage of about 6.5x after upcoming acquisitions and said it could add roughly CAD 500 million of debt-funded acquisitions while remaining within its 7.5x–8x medium-term target range.
• ATM share issuance temporarily weighed on per-share results: management estimated about CAD 0.02 of dilution to Q3 OFFO per share, which was CAD 0.36. The board renewed the ATM program for up to CAD 150 million, leaving potential for further dilution as Sienna funds growth.

Sienna Senior Living Stock Performance

Shares of SIA stock traded up C$0.13 on Friday, reaching C$20.29. The stock had a trading volume of 290,367 shares, compared to its average volume of 367,973. The stock has a market cap of C$2.25 billion, a P/E ratio of 38.28 and a beta of 0.93. Sienna Senior Living has a 1 year low of C$19.10 and a 1 year high of C$24.07. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56. The company has a 50 day simple moving average of C$20.06 and a 200 day simple moving average of C$21.78.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.0780 per share. This represents a $0.94 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, October 30th. Sienna Senior Living’s dividend payout ratio is presently 176.60%.

Insider Activity at Sienna Senior Living

In other news, Director Brian Johnston acquired 2,500 shares of Sienna Senior Living stock in a transaction that occurred on Monday, September 14th. The stock was bought at an average price of C$19.96 per share, for a total transaction of C$49,900.00. Following the completion of the transaction, the director owned 29,037 shares in the company, valued at C$579,578.52. The trade was a 9.42% increase in their ownership of the stock. 0.12% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Raymond James Financial upgraded shares of Sienna Senior Living from a “moderate buy” rating to a “strong-buy” rating and dropped their target price for the stock from C$25.75 to C$24.25 in a research note on Friday, October 2nd. ATB Cormark Capital Markets boosted their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$25.00 to C$26.00 in a report on Tuesday, August 11th. TD increased their target price on Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, National Bank Financial lifted their target price on Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$26.27.

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.