Buy, Sell or Hold: Sienna Senior Living Inc (SIA-T) — Stock Predictions at Stockchase

TSE:SIA

14.54

0.14 (0.97%) 1d

Showing 1 to 15 of 101 entries

HOLD

It was a great buy at the start of the pandemic. Right now it has recovered, but the balance sheet is somewhat stretched. Don't go out and buy it.

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PAST TOP PICK

(A Top Pick Sep 22/20, Up 40%) It is a very well managed company. Occupancy rates are increasing. The dividend is perfectly safe. Growth is starting up again as they build new residences.

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PAST TOP PICK

(A Top Pick Jun 16/20, Up 75%) Time to buy when fear is greatest and the news is negative. High vacancy rates are slowly waning. Solid balance sheet, safe dividend. Continued demand. Pandemic has caused costs to rise, but government is providing funding. Building new facilities, so company will start growing again.

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BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Somewhat still cautious on the sector. They had good numbers and revenue decreased by only 2.7% all things considered. Cash flow improved marginally and debt declined. Payout is now 59%. Vaccination of residents is going well and the worst is probably over here. Unlock Premium - Try 5i Free

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PAST TOP PICK

(A Top Pick Jun 16/20, Up 57%) Leader in LTC and retirement homes. Huge demand and backlog. Strong balance sheet, dividend is totally safe. Tailwind of aging demographics. Operating costs have gone up in the industry, but government is subsidising and will also fund new projects.

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PAST TOP PICK

(A Top Pick Apr 28/20, Up 16%) They own 80 LTCs in BC and Ontario. SIA got hit by negative headlines during Covid (seniors died) and higher vacancy rates. This is transitory. Long-term, the number of seniors will double in 15 years in Canada and vacancies should decline. SIA has a solid balance sheet and pays a safe 6.6% dividend yield, guaranteed in part by government-guaranteed cash flows from their long-term care centres. The pandemic has forced governments to modernize this sector, so there will be more government funding to upgrade these LTCs. Expect growth to resume next year.

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DON'T BUY

He did buy it last year and it got absolutely crushed. Occupancy rates are going to decline because you can't tour the facilities. They got hit harder than the rest of the seniors homes. He does not own it any more. There is short term risk until the pandemic actually passes.

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TOP PICK

Down 30% on the year. Learned a lot through Covid. A demographic play. There will be more regulations, but their very strong management can handle it. Pandemic costs will create some near-term volatility. Yield is 6.82%. (Analysts’ price target is $14.38)

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BUY on WEAKNESS

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.

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TOP PICK

They took a credibility hit after the Canadian army named them for several infractions at some retirement homes during the spring lockdown (some seniors died of Covid in Sienna home). They since made major management changes to beef up staff. The dividend is sustainable. The cost of operating these seniors' facililities has risen, though the government is covering a part of this cost and is thinking of helping to further fund home upgrades. (Analysts’ price target is $14.02)

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DON'T BUY

She is very cautious seniors housing. Sienna is 44% retirement living and 56% long-term care. They've had very negative press, with a few homes needing army help. They face lawsuits. They're paying elevated costs to manage COVID, like hiring new advisors to fix their problems and conduct an internal review. They've suffered occupancy declines. A lot of noise in this stock. Sienna stock is cheap now, but it's too early to enter it. Sienna will not escape blame from the current government review.

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BUY

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.)

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COMMENT

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.

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BUY

The whole industry is in the doghouse, because Covid attacks older people. Sienna followed all government regulations. Government needs to step up its standards and provide much more funding. He feels SIA is a good operator of retirement homes. Their dividend is safe. Aging demographics will feed demand in coming years. SIA pays over a 9% dividend yield that is sustainable. SIA is grossly undervalued. [Question: The CEO stepped down, the Canadian Army slammed Sienna in a report, there have been deaths by dehydration and malnutrition, hospitals have taken over three of its homes, and there's a lawsuit. So, aren't you downplaying the problems at Sienna?] Some of these are allegations need to be proven; retirement homes were particularly vulnerable to Covid; government regulations need to be beefed up; and ad luck may have been at play. He feels SIA handled most situations well, apart from a few exceptions--and this applies to the entire industry. (Analysts’ price target is $15.63)

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COMMENT

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.

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Showing 1 to 15 of 101 entries

Sienna Senior Living Inc(SIA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Sienna Senior Living Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sienna Senior Living Inc(SIA-T) Frequently Asked Questions

What is Sienna Senior Living Inc stock symbol?

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

Is Sienna Senior Living Inc a buy or a sell?

In the last year, 8 stock analysts published opinions about SIA-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sienna Senior Living Inc.

Is Sienna Senior Living Inc a good investment or a top pick?

Sienna Senior Living Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Sienna Senior Living Inc.

Why is Sienna Senior Living Inc stock dropping?

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.

Is Sienna Senior Living Inc worth watching?

8 stock analysts on Stockchase covered Sienna Senior Living Inc In the last year. It is a trending stock that is worth watching.

What is Sienna Senior Living Inc stock price?

On 2021-10-19, Sienna Senior Living Inc (SIA-T) stock closed at a price of $14.54.

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