Brokerages Set Sienna Senior Living Inc. (TSE:SIA) PT at C$20.58

Sienna Senior Living Inc. (TSE:SIA) has been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$21.42.

SIA has been the subject of a number of recent research reports. Scotiabank lifted their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. CIBC upgraded Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their price target for the company from C$20.00 to C$23.00 in a research report on Tuesday, November 18th. Royal Bank Of Canada boosted their price objective on Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a research note on Monday. Desjardins raised their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Finally, Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th.

Sienna Senior Living Trading Up 1.8%

Shares of Sienna Senior Living stock opened at C$20.87 on Thursday. The stock has a market capitalization of C$1.96 billion, a P/E ratio of 47.43 and a beta of 0.94. Sienna Senior Living has a 52-week low of C$14.59 and a 52-week high of C$21.21. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The stock’s 50-day simple moving average is C$19.03 and its 200 day simple moving average is C$18.56.

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

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 14th were issued a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, October 31st. Sienna Senior Living’s dividend payout ratio is 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.