Sienna Senior Living Inc. (TSE:SIA) Receives C$21.42 Average Price Target from Brokerages

Sienna Senior Living Inc. (TSE:SIA) has been given an average rating of “Buy” by the six analysts that are covering the firm, Marketbeat Ratings reports. One research 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 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$21.42.

A number of equities analysts have recently commented on the stock. CIBC raised shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from C$20.00 to C$23.00 in a report on Tuesday, November 18th. Desjardins lifted their price target on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Scotiabank boosted their target price on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. Royal Bank Of Canada raised their price objective on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a research report on Monday, November 24th. Finally, Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th.

Sienna Senior Living Price Performance

Shares of TSE:SIA opened at C$21.03 on Monday. The firm has a market capitalization of C$1.98 billion, a PE ratio of 47.80 and a beta of 1.02. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. Sienna Senior Living has a 1-year low of C$14.59 and a 1-year high of C$21.21. The business’s 50 day moving average is C$19.78 and its 200-day moving average is C$18.88.

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

Sienna Senior Living Dividend Announcement

The company also recently disclosed 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. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, October 31st. Sienna Senior Living’s payout ratio is currently 212.73%.

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. LTC business division consists of consists of 35 LTC residences in the Province of Ontario, eight seniors’ living residences located in the Province of British Columbia and the LTC management services business.