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

Shares of Sienna Senior Living Inc. (TSE:SIA) have received an average recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$21.42.

A number of research firms recently issued reports on SIA. Scotiabank raised their target price on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from C$20.00 to C$23.00 in a research report on Tuesday, November 18th. Desjardins increased their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Royal Bank Of Canada raised their target price on Sienna Senior Living from C$20.00 to C$22.00 and gave the company a “sector perform” rating in a report on Monday.

Sienna Senior Living Stock Down 0.3%

Shares of SIA stock opened at C$20.92 on Thursday. The stock’s 50 day simple moving average is C$19.15 and its 200 day simple moving average is C$18.60. Sienna Senior Living has a twelve month low of C$14.59 and a twelve month high of C$21.21. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The company has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 47.55 and a beta of 0.94.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Thursday, November 13th. The company reported C$0.30 EPS for the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%.The company had revenue of C$261.70 million for the quarter. As a group, research analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were issued a $0.078 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 4.5%. Sienna Senior Living’s dividend payout ratio is 212.73%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.