Sienna Senior Living (TSE:SIA) Price Target Raised to C$28.50

Sienna Senior Living (TSE:SIA) had its target price upped by National Bank Financial from C$27.50 to C$28.50 in a report issued on Thursday morning,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on SIA. Canaccord Genuity Group lifted their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a report on Thursday, May 7th. ATB Cormark Capital Markets increased their target price on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Scotia raised their target price on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 7th. Finally, TD raised their target price on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Sienna Senior Living has an average rating of “Buy” and a consensus price target of C$26.36.

Sienna Senior Living Stock Down 2.3%

SIA stock opened at C$21.82 on Thursday. The company has a debt-to-equity ratio of 165.07, a current ratio of 0.60 and a quick ratio of 0.23. The stock has a market capitalization of C$2.32 billion, a P/E ratio of 45.46 and a beta of 1.07. The business has a 50-day moving average of C$22.29 and a 200-day moving average of C$22.45. Sienna Senior Living has a fifty-two week low of C$17.35 and a fifty-two week high of C$24.07.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share (EPS) for the quarter. The business had revenue of C$277.08 million for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%. On average, sell-side analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 14th will be paid a $0.078 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, July 31st. Sienna Senior Living’s dividend payout ratio (DPR) is currently 195.00%.

About Sienna Senior Living

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.