Brokerages Set Sienna Senior Living Inc. (TSE:SIA) PT at C$26.45

Sienna Senior Living Inc. (TSE:SIA) has been given an average recommendation of “Buy” by the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. Ten analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$26.45.

SIA has been the topic of a number of research analyst reports. TD lifted their price target on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. ATB Cormark Capital Markets increased their price objective 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 upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and lifted their target price for the company from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. Finally, National Bank Financial boosted their target price on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a research note on Thursday, August 6th.

Insider Buying and Selling

In other news, Director Brian Johnston acquired 2,500 shares of the business’s stock in a transaction on Monday, September 14th. The stock was bought at an average cost of C$19.96 per share, for a total transaction of C$49,900.00. Following the purchase, the director owned 29,037 shares in the company, valued at approximately C$579,578.52. This represents a 9.42% increase in their ownership of the stock. Company insiders own 0.12% of the company’s stock.

Sienna Senior Living Trading Up 0.2%

Shares of Sienna Senior Living stock opened at C$20.36 on Thursday. The firm has a 50-day simple moving average of C$21.63 and a two-hundred day simple moving average of C$22.12. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56. Sienna Senior Living has a fifty-two week low of C$18.05 and a fifty-two week high of C$24.07. The company has a market cap of C$2.26 billion, a P/E ratio of 38.42 and a beta of 1.04.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. The company had revenue of C$277.08 million during the quarter. Sienna Senior Living had a return on equity of 6.58% and a net margin of 4.83%. As a group, equities analysts predict that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 14th were issued a $0.078 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Friday, July 31st. Sienna Senior Living’s payout ratio is presently 176.60%.

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.