Sienna Senior Living Inc. (TSE:SIA) Given Average Rating of “Buy” by Brokerages

Sienna Senior Living Inc. (TSE:SIA) has received an average recommendation of “Buy” from the five research firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$20.58.

Several brokerages have recently weighed in on SIA. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from C$20.00 to C$23.00 in a report on Tuesday. Desjardins upped their target price on Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Cibc Captl Mkts upgraded Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Scotiabank raised their price target on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday.

Sienna Senior Living Price Performance

Shares of TSE:SIA opened at C$20.44 on Thursday. The stock has a market cap of C$1.92 billion, a PE ratio of 46.45 and a beta of 0.94. The business’s fifty day moving average price is C$18.89 and its two-hundred day moving average price is C$18.48. Sienna Senior Living has a one year low of C$14.59 and a one year high of C$20.74. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share for the quarter. The firm had revenue of C$261.70 million during the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. On average, analysts forecast that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, November 14th were given a $0.078 dividend. The ex-dividend date was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 4.6%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 212.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.