Sienna Senior Living Inc. (TSE:SIA) Shares Will Pay Monthly Dividend of $0.08

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, October 30th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.0780 per share on Friday, November 13th. This represents a $0.94 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, October 30th.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$20.24 on Wednesday. Sienna Senior Living has a 12-month low of C$18.67 and a 12-month high of C$24.07. The firm has a market capitalization of C$2.24 billion, a price-to-earnings ratio of 38.19 and a beta of 1.00. The business has a 50 day simple moving average of C$20.31 and a 200 day simple moving average of C$21.86. The company has a debt-to-equity ratio of 148.98, a current ratio of 0.56 and a quick ratio of 0.23.

Sienna Senior Living (TSE:SIA) last announced its earnings results 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 firm had revenue of C$277.08 million for the quarter. On average, equities research analysts anticipate that Sienna Senior Living will post 0.46 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on SIA shares. ATB Cormark Capital Markets raised their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. National Bank Financial upped 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 report on Thursday, August 6th. Royal Bank Of Canada upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and increased their target price for the company from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. TD raised their target price on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Raymond James Financial upgraded shares of Sienna Senior Living from a “moderate buy” rating to a “strong-buy” rating and dropped their price target for the stock from C$25.75 to C$24.25 in a research report on Friday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$26.27.

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.