Sienna Senior Living (TSE:SIA) Price Target Raised to C$21.00

Sienna Senior Living (TSE:SIA) had its price target raised by Desjardins from C$20.00 to C$21.00 in a report published on Thursday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the stock. TD Securities lifted their price target on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, May 8th. CIBC lifted their price target on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Finally, Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and lifted their price target for the company from C$18.00 to C$19.00 in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$18.93.

Sienna Senior Living Stock Down 0.4%

SIA opened at C$18.39 on Thursday. Sienna Senior Living has a 1-year low of C$14.59 and a 1-year high of C$19.12. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The stock has a market capitalization of C$1.52 billion, a price-to-earnings ratio of 45.53 and a beta of 1.20. The business has a 50 day moving average of C$18.53 and a 200-day moving average of C$17.27.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.078 per share. The ex-dividend date is Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 5.1%. Sienna Senior Living’s payout ratio is currently 232.73%.

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.