Sienna Senior Living Inc. (TSE:SIA) Receives C$21.42 Consensus Price Target from Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have been given a consensus recommendation of “Buy” by the six research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$21.42.

Several analysts have recently commented on SIA shares. Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. Desjardins upped their price target on Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Royal Bank Of Canada raised their price objective on Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a research note on Monday, November 24th. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and upped their target price for the stock from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. 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, November 17th.

Sienna Senior Living Stock Up 0.9%

Shares of TSE SIA opened at C$20.36 on Monday. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The company has a 50-day moving average price of C$19.67 and a 200-day moving average price of C$18.84. The stock has a market capitalization of C$1.92 billion, a P/E ratio of 46.27 and a beta of 1.02. Sienna Senior Living has a 1 year low of C$14.59 and a 1 year high of C$21.21.

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

Sienna Senior Living Announces Dividend

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

About Sienna Senior Living

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.