Sienna Senior Living Inc. (TSE:SIA) Given Average Recommendation of “Buy” by Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have earned a consensus recommendation of “Buy” from the eleven research firms that are currently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$26.45.

Several brokerages have recently weighed in on SIA. ATB Cormark Capital Markets lifted their target price on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and increased their price target for the stock from C$25.00 to C$26.00 in a report on Tuesday, August 11th. TD raised their price objective on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, National Bank Financial lifted their price objective on Sienna Senior Living from C$27.50 to C$28.50 and gave the company an “outperform” rating in a report on Thursday, August 6th.

Insider Activity at Sienna Senior Living

In other Sienna Senior Living news, Director Brian Johnston purchased 2,500 shares of Sienna Senior Living stock in a transaction dated Monday, September 14th. The stock was acquired at an average cost of C$19.96 per share, with a total value of C$49,900.00. Following the acquisition, the director directly owned 29,037 shares of the company’s stock, valued at C$579,578.52. This represents a 9.42% increase in their ownership of the stock. 0.12% of the stock is owned by corporate insiders.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$19.84 on Thursday. The firm’s fifty day moving average price is C$21.79 and its 200 day moving average price is C$22.18. Sienna Senior Living has a 1-year low of C$17.95 and a 1-year high of C$24.07. The company has a debt-to-equity ratio of 148.98, a current ratio of 0.56 and a quick ratio of 0.23. The firm has a market cap of C$2.20 billion, a price-to-earnings ratio of 37.43 and a beta of 1.04.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$277.08 million for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. On average, sell-side analysts expect that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 14th were paid a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, July 31st. Sienna Senior Living’s dividend payout ratio is 176.60%.

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.