Sienna Senior Living Inc. (TSE:SIA) Receives C$20.58 Consensus PT from Brokerages

Sienna Senior Living Inc. (TSE:SIA) has been assigned an average rating of “Buy” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$20.92.

A number of equities research analysts have recently issued reports on SIA shares. Desjardins boosted their price objective on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Thursday. Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Scotiabank upped their price target on Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday, November 17th. Finally, CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from C$20.00 to C$23.00 in a research report on Tuesday, November 18th.

Sienna Senior Living Stock Up 1.8%

SIA opened at C$20.51 on Thursday. The business’s 50-day moving average price is C$18.98 and its 200-day moving average price is C$18.53. Sienna Senior Living has a 12 month low of C$14.59 and a 12 month high of C$20.74. 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 company has a market cap of C$1.93 billion, a P/E ratio of 46.61 and a beta of 0.94.

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

Sienna Senior Living Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were issued a dividend of $0.078 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a yield of 4.6%. Sienna Senior Living’s payout ratio is currently 212.73%.

Sienna Senior Living Company Profile

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.