Sienna Senior Living Inc. (TSE:SIA) Receives Average Rating of “Buy” from Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have been assigned an average recommendation of “Buy” from the eleven brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is C$26.09.

A number of equities research analysts have weighed in on the company. Canaccord Genuity Group lifted their price objective on 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. TD lifted their price objective on Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce boosted their target price on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday, February 23rd. BMO Capital Markets boosted their target price on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Finally, Scotiabank boosted their target price on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd.

Sienna Senior Living Stock Up 0.4%

SIA opened at C$22.35 on Friday. Sienna Senior Living has a fifty-two week low of C$17.35 and a fifty-two week high of C$24.07. 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 firm’s fifty day moving average price is C$22.72 and its two-hundred day moving average price is C$21.63. The company has a market capitalization of C$2.37 billion, a P/E ratio of 46.56 and a beta of 0.95.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings data on Thursday, February 19th. The company reported C$0.14 earnings per share for the quarter. The company had revenue of C$278.45 million for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%. On average, analysts anticipate that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 15th will be paid a $0.078 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Thursday, April 30th. Sienna Senior Living’s payout ratio 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.