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The latest announcement is out from Sienna Senior Living ( (TSE:SIA) ).
Sienna Senior Living has completed the acquisition of Hazeldean Gardens Retirement Residence in Ottawa, marking its second acquisition in the area for 2025. The $85.25 million deal is expected to enhance Sienna’s operational synergies and contribute to its growth strategy, with the property anticipated to reach a 95% occupancy rate within a year. This acquisition, part of over $340 million in acquisitions this year, is expected to be immediately accretive to the company’s AFFO per share and deliver a significant investment yield.
The most recent analyst rating on (TSE:SIA) stock is a Hold with a C$17.00 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 solid financial growth and positive technical indicators are offset by high leverage and potential overvaluation. The robust earnings call underscores strategic growth, while caution is advised over profitability and cash flow management.
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 company that provides a comprehensive range of senior living options, including independent living, assisted living, and memory care under its Aspira retirement brand, as well as long-term care and specialized programs and services. The company employs approximately 14,500 people dedicated to enhancing the daily lives of seniors.
Average Trading Volume: 263,960
Technical Sentiment Signal: Buy
Current Market Cap: C$1.71B
For an in-depth examination of SIA stock, go to TipRanks’ Overview page.