Sienna Senior Living (TSE:SIA) PT Raised to C$17.50

Sienna Senior Living (TSE:SIA) had its target price raised by Desjardins from C$16.50 to C$17.50 in a research note issued to investors on Monday, BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on SIA. Scotiabank raised shares of Sienna Senior Living from a sector perform rating to an outperform rating and lifted their price target for the company from C$14.50 to C$16.50 in a research report on Friday, May 10th. National Bankshares set a C$17.00 target price on shares of Sienna Senior Living and gave the company an outperform rating in a report on Tuesday, July 23rd. National Bank Financial upgraded Sienna Senior Living to a strong-buy rating in a report on Monday, July 22nd. Royal Bank of Canada boosted their price objective on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a sector perform rating in a research note on Friday, May 17th. Finally, CIBC upped their target price on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a negative rating in a research report on Monday, May 13th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of C$17.17.

Sienna Senior Living Stock Performance

Sienna Senior Living stock opened at C$15.22 on Monday. The company has a market cap of C$1.11 billion, a price-to-earnings ratio of 38.72 and a beta of 1.15. Sienna Senior Living has a 12 month low of C$9.87 and a 12 month high of C$15.91. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The stock’s 50-day moving average is C$14.83 and its 200-day moving average is C$13.85.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were issued a $0.078 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $0.94 dividend on an annualized basis and a yield of 6.15%. Sienna Senior Living’s dividend payout ratio is currently 241.03%.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.