Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$26.09

Shares of Sienna Senior Living Inc. (TSE:SIA) have been assigned a consensus rating of “Buy” from the eleven analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$26.09.

Several research firms recently issued reports on SIA. BMO Capital Markets increased their price target on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Desjardins increased their price target on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Canadian Imperial Bank of Commerce increased their price target on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday, February 23rd. Scotiabank increased their price target on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Finally, Canaccord Genuity Group raised their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the stock a “buy” rating in a report on Thursday, May 7th.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$22.17 on Friday. Sienna Senior Living has a 12-month low of C$17.35 and a 12-month high of C$24.07. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 165.07. The firm has a market capitalization of C$2.35 billion, a PE ratio of 46.19 and a beta of 0.95. The firm has a 50-day moving average price of C$22.63 and a 200 day moving average price of C$21.74.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Tuesday, May 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. The firm had revenue of C$275.41 million during the quarter. Research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.078 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.2%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 195.00%.

Sienna Senior Living Company Profile

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.