Sienna Senior Living Inc. (TSE:SIA) Receives C$17.42 Consensus Price Target from Analysts

Sienna Senior Living Inc. (TSE:SIA) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Two research 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. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$17.42.

Several research firms recently commented on SIA. Royal Bank of Canada boosted their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. Desjardins increased their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. Scotiabank boosted their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research note on Monday, August 12th. Finally, CIBC raised their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th.

Sienna Senior Living Trading Up 0.5 %

Shares of SIA opened at C$16.82 on Friday. The stock’s fifty day simple moving average is C$15.60 and its 200-day simple moving average is C$14.47. The firm has a market capitalization of C$1.39 billion, a PE ratio of 43.13 and a beta of 1.19. Sienna Senior Living has a 12-month low of C$9.87 and a 12-month high of C$17.12. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. The company had revenue of C$210.52 million during the quarter. As a group, research analysts predict that Sienna Senior Living will post 0.4595104 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 5.56%. The ex-dividend date is Friday, September 27th. Sienna Senior Living’s dividend payout ratio (DPR) is currently 241.03%.

Sienna Senior Living Company Profile

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.