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

Shares of Sienna Senior Living Inc. (TSE:SIA) have been given an average rating of “Buy” by the six ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$21.42.

A number of research firms have recently weighed in on SIA. Desjardins raised their price target on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Cibc Captl Mkts upgraded Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Scotiabank boosted their price target on Sienna Senior Living from C$20.00 to C$22.50 in a research report on Monday, November 17th. CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and increased their price objective for the company from C$20.00 to C$23.00 in a report on Tuesday, November 18th. Finally, Royal Bank Of Canada boosted their target price on Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a report on Monday, November 24th.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$21.03 on Monday. Sienna Senior Living has a fifty-two week low of C$14.59 and a fifty-two week high of C$21.21. The stock’s 50-day moving average is C$19.78 and its two-hundred day moving average is C$18.88. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The firm has a market cap of C$1.98 billion, a P/E ratio of 47.80 and a beta of 1.02.

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. The business had revenue of C$261.70 million during the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%. 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, November 14th. Stockholders of record on Friday, November 14th were paid a $0.078 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s payout ratio is presently 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. LTC business division consists of consists of 35 LTC residences in the Province of Ontario, eight seniors’ living residences located in the Province of British Columbia and the LTC management services business.