Sienna Senior Living (TSE:SIA) Director Brian Johnston Buys 2,500 Shares of Stock

Sienna Senior Living Inc. (TSE:SIA) Director Brian Johnston acquired 2,500 shares of the stock in a transaction dated Monday, September 14th. The stock was acquired at an average price of C$19.96 per share, for a total transaction of C$49,900.00. Following the purchase, the director directly owned 29,037 shares in the company, valued at approximately C$579,578.52. This trade represents a 9.42% increase in their ownership of the stock.

Sienna Senior Living Stock Performance

SIA opened at C$19.84 on Thursday. The company’s 50 day moving average is C$21.79 and its 200 day moving average is C$22.18. The company has a current ratio of 0.56, a quick ratio of 0.23 and a debt-to-equity ratio of 148.98. The company has a market cap of C$2.20 billion, a price-to-earnings ratio of 37.43 and a beta of 1.04. Sienna Senior Living Inc. has a 12-month low of C$17.95 and a 12-month high of C$24.07.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. The business had revenue of C$277.08 million during the quarter. On average, equities research analysts predict that Sienna Senior Living Inc. will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 14th were given 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 4.7%. Sienna Senior Living’s payout ratio is presently 176.60%.

Analysts Set New Price Targets

SIA has been the topic of a number of recent research reports. ATB Cormark Capital Markets raised their target price on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada raised Sienna Senior Living from a “hold” rating to a “moderate buy” rating and boosted their price target for the company from C$25.00 to C$26.00 in a report on Tuesday, August 11th. National Bank Financial upped their price target on 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. Finally, TD upped their price target on Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$26.45.

About Sienna Senior Living

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.