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

Sienna Senior Living Inc. (TSE:SIA) has received an average rating of “Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. Ten equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$26.45.

SIA has been the topic of a number of research reports. ATB Cormark Capital Markets raised their target price on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. TD increased their price target on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. National Bank Financial raised their price objective on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and raised their price objective for the stock from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. Finally, Canaccord Genuity Group lifted their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research note on Thursday, May 7th.

Sienna Senior Living Stock Down 0.1%

Shares of TSE SIA opened at C$21.51 on Friday. The business has a 50-day moving average price of C$22.38 and a 200 day moving average price of C$22.46. The stock has a market cap of C$2.38 billion, a PE ratio of 40.58 and a beta of 1.07. The company has a quick ratio of 0.23, a current ratio of 0.56 and a debt-to-equity ratio of 148.98. Sienna Senior Living has a 52-week low of C$17.35 and a 52-week high of C$24.07.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. Sienna Senior Living had a return on equity of 6.58% and a net margin of 4.83%.The company had revenue of C$277.08 million during the quarter. Equities research analysts forecast that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 14th were issued a dividend of $0.078 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. Sienna Senior Living’s dividend payout ratio (DPR) is currently 176.60%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.