Sienna Senior Living (TSE:SIA) Price Target Raised to C$22.00

Sienna Senior Living (TSE:SIA) had its price objective raised by Royal Bank Of Canada from C$20.00 to C$22.00 in a research report released on Monday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Several other equities analysts have also issued reports on SIA. CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from C$20.00 to C$23.00 in a research report on Tuesday, November 18th. Cibc Captl Mkts raised shares of Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Desjardins lifted their target price on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Scotiabank upped their target price on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$21.42.

Sienna Senior Living Price Performance

SIA stock opened at C$20.92 on Monday. 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 firm has a 50 day moving average price of C$19.15 and a 200-day moving average price of C$18.60. Sienna Senior Living has a 52-week low of C$14.59 and a 52-week high of C$21.21. The firm has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 47.55 and a beta of 0.94.

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

Sienna Senior Living Announces Dividend

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