Sienna Senior Living (TSE:SIA) Reaches New 1-Year High – Should You Buy?

Sienna Senior Living Inc. (TSE:SIA)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$21.22 and last traded at C$21.17, with a volume of 184383 shares. The stock had previously closed at C$20.36.

Analysts Set New Price Targets

Several brokerages recently commented on SIA. Desjardins raised 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 note on Thursday, November 20th. Royal Bank Of Canada lifted their price target 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. Cibc Captl Mkts upgraded Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$20.00 to C$23.00 in a report on Tuesday, November 18th. Finally, Scotiabank boosted their target price on Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Sienna Senior Living has a consensus rating of “Buy” and an average target price of C$21.42.

Sienna Senior Living Trading Up 3.6%

The business has a 50-day moving average of C$20.10 and a 200 day moving average of C$19.03. The stock has a market cap of C$1.99 billion, a PE ratio of 47.95 and a beta of 0.99. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43.

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

Sienna Senior Living Dividend Announcement

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 4.4%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s dividend payout ratio is presently 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.