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

Sienna Senior Living Inc. (TSE:SIA)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$21.37 and last traded at C$21.31, with a volume of 334116 shares traded. The stock had previously closed at C$21.02.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SIA. Royal Bank Of Canada lifted their target price on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a report on Monday, November 24th. Desjardins upped their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and boosted their target price for the company from C$20.00 to C$23.00 in a research report on Tuesday, November 18th. Scotiabank raised their price objective on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. Finally, Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Sienna Senior Living presently has an average rating of “Buy” and an average target price of C$21.42.

Sienna Senior Living Stock Up 1.3%

The company has a market cap of C$2.00 billion, a price-to-earnings ratio of 48.39 and a beta of 0.99. The stock’s fifty day moving average is C$20.34 and its two-hundred day moving average is C$19.13. 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 released its quarterly 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 business had revenue of C$261.70 million for the quarter. Sell-side analysts predict that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, November 14th were given a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s dividend payout ratio (DPR) 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. 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.