Re-rating of seniors REITs. Prefers Chartwell. SIA dividend is good, payout ratio should start looking better. Low valuation. You can buy both on weakness.
Chartwell vs. Sienna A tough call. He owns both. Loves their yields and their valuations have plunged. Nursing homes remain a growth area. Sienna has more problems than Chartwell--Sienna was faulted in the Canadian army report about seniors' deaths in their homes. Chartwell is the stronger play, due to fewer cases in their homes. Both are hamstrung now, because they can't offer tours to prospective clients or allow visitors. This will effect occupancy rates in the short term. (His mother is in a retirement home.)
Chartwell vs. Sienna A tough call. He owns both. Loves their yields and their valuations have plunged. Nursing homes remain a growth area. Sienna has more problems than Chartwell--Sienna was faulted in the Canadian army report about seniors' deaths in their homes. Chartwell is the stronger play, due to fewer cases in their homes. Both are hamstrung now, because they can't offer tours to prospective clients or allow visitors. This will effect occupancy rates in the short term. (His mother is in a retirement home.)
SIA-T vs. CSH.UN-T. It was sad what the pandemic has done in the long term care sector. Sienna has had to make some difficult management changes. This is an important needs-based sector in Canada. In Ontario the government has to look how they can properly fund that business. With question marks on the horizon, he would focus on CSH.UN-T because it does not depend on government finding as much. They have done a phenomenal job during the pandemic.
SIA-T vs. CSH.UN-T. It was sad what the pandemic has done in the long term care sector. Sienna has had to make some difficult management changes. This is an important needs-based sector in Canada. In Ontario the government has to look how they can properly fund that business. With question marks on the horizon, he would focus on CSH.UN-T because it does not depend on government finding as much. They have done a phenomenal job during the pandemic.
People are now fishing for companies that were the most beaten up -- like airlines, etc. The long term thesis is still good for this space, but he sees other ways to play this. He would favour CSH.UN instead.
People are now fishing for companies that were the most beaten up -- like airlines, etc. The long term thesis is still good for this space, but he sees other ways to play this. He would favour CSH.UN instead.
She does not own Sienna. Their mix of long term care homes is much larger than others in the space. She has chosen Chartwell instead.
Sienna Senior Living Inc is a Canadian stock, trading under the symbol SIA-T on the Toronto Stock Exchange (SIA-CT). It is usually referred to as TSX:SIA or SIA-T
In the last year, 12 stock analysts published opinions about SIA-T. 8 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Sienna Senior Living Inc.
Sienna Senior Living Inc was recommended as a Top Pick by Paul Harris, CFA on 2020-12-24. Read the latest stock experts ratings for Sienna Senior Living Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
12 stock analysts on Stockchase covered Sienna Senior Living Inc In the last year. It is a trending stock that is worth watching.
On 2021-01-21, Sienna Senior Living Inc (SIA-T) stock closed at a price of $13.4.