Sienna Senior Living Inc

SIA-T

Analysis and Opinions about SIA-T

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
December 2, 2019
They hold retirement communities. To be honest, it's not incredibly hard to build such facilities, but aging demographics are a tailwind. It's not one of his top holdings, but belongs in a portfolio.
They hold retirement communities. To be honest, it's not incredibly hard to build such facilities, but aging demographics are a tailwind. It's not one of his top holdings, but belongs in a portfolio.
Joshua Varghese
Portfolio manager, Signature Global Asset Management, CI Investments
Price
$18.750
Owned
Yes
COMMENT
COMMENT
November 27, 2019
Best REIT for Income? SIA is a $1.2 billion market cap and a 5.1% yield. The timing is good to buy as they had a soft quarter this transitory. They own 7000 long term care residents and 3200 retirement homes. They are well positioned in Ontario, where the government is struggling to incent more growth. It is probably worth $22-$23 per share.
Best REIT for Income? SIA is a $1.2 billion market cap and a 5.1% yield. The timing is good to buy as they had a soft quarter this transitory. They own 7000 long term care residents and 3200 retirement homes. They are well positioned in Ontario, where the government is struggling to incent more growth. It is probably worth $22-$23 per share.
Jeffrey F. Olin
President & CEO, Vision Capital Corporation
Price
$18.330
Owned
Unknown
BUY
BUY
November 4, 2019
It is a very safe investment and he likes it. They operate seniors homes as well as nursing homes. He thinks it could worth $22 or higher. It is very defensive and a has a very supported distribution yield.
It is a very safe investment and he likes it. They operate seniors homes as well as nursing homes. He thinks it could worth $22 or higher. It is very defensive and a has a very supported distribution yield.
Andrew Moffs
Senior Vice President and Portfolio Manager , Vision Capital
Price
$19.170
Owned
Unknown
BUY
BUY
June 19, 2019

Chartwell vs. Sienna for growth He likes and owns both. CSH's latest report says their operating income grew an impressive 4.7%, but Sienna's was 5.4%. CSH's and Sienna's growth are 5-5.5%. CSH has a low 64% payout ratio, but Sienna is a little cheaper at 12.7x vs. CSH's 15.6x. They're similar in many ways, but Sienna has more room for multiple expansion/upside. But CSH is slightly safer because it has a bigger cap. Both are in a good space with demographics as a tailwind.

Chartwell vs. Sienna for growth He likes and owns both. CSH's latest report says their operating income grew an impressive 4.7%, but Sienna's was 5.4%. CSH's and Sienna's growth are 5-5.5%. CSH has a low 64% payout ratio, but Sienna is a little cheaper at 12.7x vs. CSH's 15.6x. They're similar in many ways, but Sienna has more room for multiple expansion/upside. But CSH is slightly safer because it has a bigger cap. Both are in a good space with demographics as a tailwind.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$19.590
Owned
Yes
DON'T BUY
DON'T BUY
May 17, 2019
It ranks about 333 on his list -- about mid-point. A decent dividend. They are paying out 67% of cash flow. Year over year cash flow is up 84%. Sales are looking good as well. It should have predictable cash flows going forward -- although cash flow has not been positive for some while. Yield 4.84%
It ranks about 333 on his list -- about mid-point. A decent dividend. They are paying out 67% of cash flow. Year over year cash flow is up 84%. Sales are looking good as well. It should have predictable cash flows going forward -- although cash flow has not been positive for some while. Yield 4.84%
Robert McWhirter
President, Selective Asset Management
Price
$18.920
Owned
No
PAST TOP PICK
PAST TOP PICK
March 27, 2019
(A Top Pick Mar 27/18, Up 13%) Second biggest after Chartwell. Safe, defensive play in a volatile market. Attractive growing dividend in low interest rate environment. Trading at a huge, unwarranted discount to the apartment sector. Conservative stock for your portfolio, reasonably priced. Demographic tailwind. Not too much government regulation.
(A Top Pick Mar 27/18, Up 13%) Second biggest after Chartwell. Safe, defensive play in a volatile market. Attractive growing dividend in low interest rate environment. Trading at a huge, unwarranted discount to the apartment sector. Conservative stock for your portfolio, reasonably priced. Demographic tailwind. Not too much government regulation.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$18.990
Owned
Yes
COMMENT
COMMENT
February 13, 2019
Chartwell vs Sienna She owns Chartwell and thinks both are in a growing sector -- senior housing. Sienna has a lower level of regulation, compared to Chartwell, due to the former's higher level of long term care facilities. Chartwell holds the largest market share in Canada -- giving them economies of scale. Chartwell's yield is just under 4% and they have a good pipeline to develop future growth.
Chartwell vs Sienna She owns Chartwell and thinks both are in a growing sector -- senior housing. Sienna has a lower level of regulation, compared to Chartwell, due to the former's higher level of long term care facilities. Chartwell holds the largest market share in Canada -- giving them economies of scale. Chartwell's yield is just under 4% and they have a good pipeline to develop future growth.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$17.450
Owned
_N/A
TOP PICK
TOP PICK
January 28, 2019
You benefit from the aging demographic. They are growing their retirement homes. The dividend gets raised every year. (Analysts’ price target is $19.03)
You benefit from the aging demographic. They are growing their retirement homes. The dividend gets raised every year. (Analysts’ price target is $19.03)
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$17.250
Owned
Yes
COMMENT
COMMENT
December 19, 2018
Good yield. 65% and declining payout ratio. Balance sheet is improving. Modeling growth of 3.5%. In a normal market, this is not a bad risk/reward place to get some distribution.
Good yield. 65% and declining payout ratio. Balance sheet is improving. Modeling growth of 3.5%. In a normal market, this is not a bad risk/reward place to get some distribution.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$16.330
Owned
Unknown
BUY
BUY
September 24, 2018

Their business is short term rentals and they have pricing power. They aren't subject to rent controls. There is no interest rate risk here. He really likes this company in this sector.

Their business is short term rentals and they have pricing power. They aren't subject to rent controls. There is no interest rate risk here. He really likes this company in this sector.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$17.370
Owned
Unknown
TOP PICK
TOP PICK
March 27, 2018

This used to be mostly long-term care but is now 50/50 retirement housing, which is like leasing apartments. Prices will go up with interest rates and inflation. The dividend is safe. This stock barely budged over the turmoil of the last month. The big competitor, Chartwell, trades at a much higher multiple. (Analysts’ price target is 19.42$)

This used to be mostly long-term care but is now 50/50 retirement housing, which is like leasing apartments. Prices will go up with interest rates and inflation. The dividend is safe. This stock barely budged over the turmoil of the last month. The big competitor, Chartwell, trades at a much higher multiple. (Analysts’ price target is 19.42$)

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$17.540
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
June 16, 2017

Senior living accommodations are long-term winners. This has a much lower growth rate at about 2.5% than Chartwell (CSH-T) at about 5%. Trading at around 13X, well above its five-year average at about 12X. Also, its balance sheet is a little more levered. If you own this, that’s fine, but he wouldn’t be putting new money into the name right now. He would rather go with Chartwell.

Senior living accommodations are long-term winners. This has a much lower growth rate at about 2.5% than Chartwell (CSH-T) at about 5%. Trading at around 13X, well above its five-year average at about 12X. Also, its balance sheet is a little more levered. If you own this, that’s fine, but he wouldn’t be putting new money into the name right now. He would rather go with Chartwell.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$17.790
Owned
Unknown
COMMENT
COMMENT
May 15, 2017

Demographically this is good. However, it has less growth than some of his other choices in stocks. If you can take marginally more risks, he would prefer a pipeline or an energy stock.

Demographically this is good. However, it has less growth than some of his other choices in stocks. If you can take marginally more risks, he would prefer a pipeline or an energy stock.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$17.725
Owned
No
WATCH
WATCH
April 18, 2017

Has a number of seniors’ homes that they will be renovating over the next few years, and he is a little concerned about how that steps out on their financials. A well-run organization, and you are getting government pay homes as well as retirement homes giving you an anchor of stability while you are getting the growth on the retirement side as well. It has had a bit of a run, so perhaps you should wait for a pullback.

Has a number of seniors’ homes that they will be renovating over the next few years, and he is a little concerned about how that steps out on their financials. A well-run organization, and you are getting government pay homes as well as retirement homes giving you an anchor of stability while you are getting the growth on the retirement side as well. It has had a bit of a run, so perhaps you should wait for a pullback.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$17.650
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 8, 2017

Chart shows a fairly good uptrend from 2013. Looking a little tired recently, but it managed to break out. Retesting old highs is always bullish. Buy on the retracement, and it should make new highs soon, within the next few months.

Chart shows a fairly good uptrend from 2013. Looking a little tired recently, but it managed to break out. Retesting old highs is always bullish. Buy on the retracement, and it should make new highs soon, within the next few months.

William Chin
Portfolio manager, Caldwell Investment Management
Price
$17.110
Owned
Unknown
Showing 1 to 15 of 73 entries