tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sienna Senior Living Expands GTA Footprint With LaSalle Park Acquisition

Story Highlights
Sienna Senior Living Expands GTA Footprint With LaSalle Park Acquisition

Claim 50% Off TipRanks Premium and Invest with Confidence

Sienna Senior Living ( (TSE:SIA) ) just unveiled an announcement.

Sienna Senior Living has completed the acquisition of a 78.2% interest in LaSalle Park, a 123-suite retirement residence in Burlington, Ontario, for approximately $67.2 million, with plans to acquire the remaining stakes over the next five years. The largely debt‑financed deal, which delivers an initial investment yield of about 5.7%, marks Sienna’s third high‑quality acquisition in the Greater Toronto Area in 2025 and contributes to a total of roughly $812.7 million in portfolio expansion this year through acquisitions and developments, underscoring the company’s strategy to build scale in core markets and drive growth momentum into 2026.

The most recent analyst rating on (TSE:SIA) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Sienna Senior Living stock, see the TSE:SIA Stock Forecast page.

Spark’s Take on TSE:SIA Stock

According to Spark, TipRanks’ AI Analyst, TSE:SIA is a Neutral.

Sienna Senior Living’s overall stock score reflects strong earnings call performance and positive technical indicators. However, financial performance concerns, particularly high leverage and declining margins, weigh down the score. The high P/E ratio suggests potential overvaluation, balanced by a solid dividend yield.

To see Spark’s full report on TSE:SIA stock, click here.

More about Sienna Senior Living

Sienna Senior Living Inc. (TSX:SIA) is a Canadian seniors’ living operator offering a full spectrum of care, including independent living, assisted living, memory care under its Aspira retirement brand, long-term care, and specialized seniors’ programs and services. The company employs approximately 15,000 people and focuses on cultivating quality of life for older adults across key markets in Canada.

Average Trading Volume: 273,970

Technical Sentiment Signal: Buy

Current Market Cap: C$1.91B

For an in-depth examination of SIA stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1