Earnings
October 19, 2018 - AW.UN
New! A&W Revenue Royalties Income Fund - Q3-2018 Earnings .....
October 18, 2018 - PBH
Premium Brands Holding Corp. Q2-2018 Earnings & Price Target Update .....
October 18, 2018 - CGX
Cineplex Inc. Q2-2018 Earnings & Price Target Update .....
October 17, 2018 - GEI
Gibson Energy Inc. Q2-2018 Earnings & Price Target Update .....
October 16, 2018 - MRT.UN
Morguard REIT Q2-2018 Earnings & Price Target Update .....
October 14, 2018 - HSE
Husky Energy Inc. Q2-2018 Earnings & Price Target .....
October 11, 2018 - VET
Vermilion Energy Inc. Q2-2018 Earnings & Price Target Update .....
October 10, 2018 - CPG
Crescent Point Energy Corp. Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
CGX, GEI, HSE, ALA, RSI, more...

Sienna Senior Living Inc. Q2-2018 & Price Target Update

This is only a sample of the article, please login to view the entire article

Sienna Senior Living Inc. (TSX: SIA) owns and operates (as of Jun-30-2018) 70 seniors' living residences: 27 retirement residences; 35 Long Term Care residences; and eight seniors' living residences providing both private-pay Independent Living and Assisted Living. In total there are 10,091 suites of which 3,223 are private pay retirement suites and 5,733 are public pay LTC suites all located in Ontario; and 1,135 Residential Care suites located in BC. For the Residential Care suites, 945 are public pay and 190 are private pay. The management services division provides management services to 15 seniors' living residences in British Columbia and Ontario. Including a 10 residence acquisition for $382M completed on Mar-31-2018 total assets are $1.8B more than doubling since 2010. Suites with either long term or assisted care contribute about 80% of revenues with the balance with Retirement Suites.

Key operating strategies including expanding into private pay retirement residences to minimize stress for occupants when moving to LTC. Sienna and its predecessors have been operating since 1972. They closed the initial public offering of shares in Mar-2010. Effective May-2015, the name was changed from Leisure World Inc. (LW) to Sienna Senior Living Inc. (SIA).

Acquisitions – Dispositions

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
October 19, 2018
New! Coverage Universe - Weekly Price Changes Oct 12-19, 2018
October 12, 2018
Coverage Universe - Weekly Price Changes Oct 5-12, 2018
October 6, 2018
Coverage Universe - Weekly Price Changes Sept 28 - Oct 5, 2018
October 2, 2018
Bank of Nova Scotia - 4.85% 5 yr Rate Reset Preferred Shares New Issue
September 28, 2018
Mogo Financial Convertible Debenture Terms
September 21, 2018
Coverage Universe - Weekly Price Changes Sept 14-21, 2018
September 14, 2018
Coverage Universe - Weekly Price Changes Sept 7-14, 2018
September 7, 2018
Coverage Universe - Weekly Price Changes Sept 1-7, 2018