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Sienna Senior Living ( (TSE:SIA) ) has shared an update.
Sienna Senior Living Inc. reported significant financial growth in its fourth quarter of 2024, marking its eighth consecutive quarter of year-over-year adjusted same property net operating income growth. This has been driven by significant increases in both the retirement and long-term care segments, improved occupancy rates, and effective cost management strategies. The company also announced the acquisition of two properties in Ontario, valued at $81 million, which is expected to enhance its asset base and provide immediate accretive benefits to its financial metrics, further solidifying its market position and growth potential.
More about Sienna Senior Living
Sienna Senior Living Inc. operates within the senior living industry, focusing on providing retirement residences and long-term care facilities. The company primarily targets the growing senior population in Canada, aiming to meet the increasing demand for senior living solutions.
YTD Price Performance: 2.57%
Average Trading Volume: 200,409
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.32B
For detailed information about SIA stock, go to TipRanks’ Stock Analysis page.
