TSE:SIA
9.05
0.01
(0.11%)
Sienna Senior Living Inc
SIA-T
Analysis and Opinions about SIA-T
Signal
Opinion
Expert
COMMENT
COMMENT
June 25, 2020
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.
BUY
BUY
June 16, 2020
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)
Show full opinionHide full opinionThe 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)
COMMENT
COMMENT
June 5, 2020
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.
HOLD
HOLD
May 25, 2020
The retirement living space has been going through massive challenges in terms of COVID. You would have wanted to be in this sector before COVID due to demographics. It is safe to say that regulations will tighten in the space and it may be hard to maintain capital to fund them to meet the regulations. You will have to be careful.
Show full opinionHide full opinionThe retirement living space has been going through massive challenges in terms of COVID. You would have wanted to be in this sector before COVID due to demographics. It is safe to say that regulations will tighten in the space and it may be hard to maintain capital to fund them to meet the regulations. You will have to be careful.
COMMENT
COMMENT
May 13, 2020
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.
BUY
BUY
April 30, 2020
Just over half in long term care. They have been affected by the pandemic. They have protocols in place to deal with it and have done so effectively. This is a government funded business. It's not a discretionary service. Occupancy will remain very high. The distribution yield is safe and he thinks it is undervalued.
Show full opinionHide full opinionJust over half in long term care. They have been affected by the pandemic. They have protocols in place to deal with it and have done so effectively. This is a government funded business. It's not a discretionary service. Occupancy will remain very high. The distribution yield is safe and he thinks it is undervalued.
TOP PICK
TOP PICK
April 28, 2020
The 8% yield is covered by government payments. This sector has been trashed. Half their business is LTCs, so cash flow is guaranteed by government. So, the dividend is safe. Good balance sheet. Vacancy rates are up because of COVID, but will be absorbed by aging demographics. This sector is very cheap compared to multi-residential REITs. The LTC side of their operation is government-regulated, though provinces need to do a better job of oversight for LTCs as a whole. In the future, there will be much better levels of service and supervision, which may add to costs. The government will absorb these costs, though. (Analysts’ price target is $17.00)
Show full opinionHide full opinionThe 8% yield is covered by government payments. This sector has been trashed. Half their business is LTCs, so cash flow is guaranteed by government. So, the dividend is safe. Good balance sheet. Vacancy rates are up because of COVID, but will be absorbed by aging demographics. This sector is very cheap compared to multi-residential REITs. The LTC side of their operation is government-regulated, though provinces need to do a better job of oversight for LTCs as a whole. In the future, there will be much better levels of service and supervision, which may add to costs. The government will absorb these costs, though. (Analysts’ price target is $17.00)
COMMENT
COMMENT
March 11, 2020
Not a lot of growth. 65% payout ratio. Balance sheet is not bad. Good valuation. Down because it's not the most liquid stock, and there's a flight to quality. Investors are rotating out of REITs into cyclicals. In markets like this, everything goes to cash or to high quality. Yield is 6.3%.
Show full opinionHide full opinionNot a lot of growth. 65% payout ratio. Balance sheet is not bad. Good valuation. Down because it's not the most liquid stock, and there's a flight to quality. Investors are rotating out of REITs into cyclicals. In markets like this, everything goes to cash or to high quality. Yield is 6.3%.
BUY
BUY
March 5, 2020
It operates in the healthcare sector. Half the earnings are from long term care. It is a great asset glass. There is a great supply of seniors waiting to get in. It has a nice dividend yield.
Show full opinionHide full opinionIt operates in the healthcare sector. Half the earnings are from long term care. It is a great asset glass. There is a great supply of seniors waiting to get in. It has a nice dividend yield.
PAST TOP PICK
PAST TOP PICK
February 24, 2020
(A Top Pick Jan 28/19, Up 11%) He likes the company. They are nicely diversified. It pulled back last week because there was a bit of over capacity in a couple of markets. They are generating great cash flow and paying down debt.
Show full opinionHide full opinion(A Top Pick Jan 28/19, Up 11%) He likes the company. They are nicely diversified. It pulled back last week because there was a bit of over capacity in a couple of markets. They are generating great cash flow and paying down debt.
BUY
BUY
February 21, 2020
He likes the company. On a larger theme, they will benefit from the retirement home trend and are subsidized by the government. The industry is ripe for consolidation. He also likes the dividend. Yield 5%
He likes the company. On a larger theme, they will benefit from the retirement home trend and are subsidized by the government. The industry is ripe for consolidation. He also likes the dividend. Yield 5%
TOP PICK
TOP PICK
February 19, 2020
He also owns Chartwell, another seniors' home stock. It's a demographic play on seniors' homes. Pays a dividend over 4%. The fundamentals for this sector--a shortage of beds for seniors--beg for investment. (Analysts’ price target is $20.50)
He also owns Chartwell, another seniors' home stock. It's a demographic play on seniors' homes. Pays a dividend over 4%. The fundamentals for this sector--a shortage of beds for seniors--beg for investment. (Analysts’ price target is $20.50)
HOLD
HOLD
February 13, 2020
Chose Chartwell, as it's the largest in Canada. If you own it, keep holding. Chartwell trades at a premium, and she knows management.
HOLD
HOLD
February 5, 2020
He does not own this one. There will be more senior needs going forward, so they are well positioned. A positive longer term story. He owns different REITs instead. Watch were interest rates are going as changes in expectations can change valuations. A good investment for the long term time horizon.
Show full opinionHide full opinionHe does not own this one. There will be more senior needs going forward, so they are well positioned. A positive longer term story. He owns different REITs instead. Watch were interest rates are going as changes in expectations can change valuations. A good investment for the long term time horizon.
BUY
BUY
January 15, 2020
Defensive REIT that pays income. Nursing and retirement homes, mostly in Ontario (where there is a bed shortage of 35,000) and BC. Strong managers and good dividend. He expects the Ontario government will solve this shortage by mid-2020 (allow more nursing homes) that will benefit Sienna and CSH.UN-T. This is very defensive. You can sleep at night owning this.
Defensive REIT that pays income. Nursing and retirement homes, mostly in Ontario (where there is a bed shortage of 35,000) and BC. Strong managers and good dividend. He expects the Ontario government will solve this shortage by mid-2020 (allow more nursing homes) that will benefit Sienna and CSH.UN-T. This is very defensive. You can sleep at night owning this.
Sienna Senior Living Inc(SIA-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 9
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 12
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, 12 stock analysts published opinions about SIA-T. 9 analysts recommended to BUY the stock. 0 analysts 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 Andrew Moffs on 2020-06-25. 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?
12 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 2020-07-08, Sienna Senior Living Inc (SIA-T) stock closed at a price of $9.05.
