Sienna Senior Living (TSE:SIA) Price Target Raised to C$27.00

Sienna Senior Living (TSE:SIA) had its price objective upped by ATB Cormark Capital Markets from C$26.00 to C$27.00 in a report issued on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also issued reports on the stock. Scotia increased their price target on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 7th. Canaccord Genuity Group boosted their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research report on Thursday, May 7th. National Bank Financial upped their target price on Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a research note on Thursday. Finally, TD upped their target price on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Sienna Senior Living presently has a consensus rating of “Buy” and an average price target of C$26.36.

Sienna Senior Living Trading Down 2.3%

Shares of Sienna Senior Living stock opened at C$21.82 on Thursday. The company has a market capitalization of C$2.32 billion, a price-to-earnings ratio of 45.46 and a beta of 1.07. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 165.07. Sienna Senior Living has a 12-month low of C$17.35 and a 12-month high of C$24.07. The firm’s 50-day moving average price is C$22.29 and its two-hundred day moving average price is C$22.45.

Sienna Senior Living (TSE:SIA) last released its earnings results on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. The firm had revenue of C$277.08 million for the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. On average, analysts forecast that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, August 14th will be given a dividend of $0.078 per share. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.3%. Sienna Senior Living’s payout ratio is currently 195.00%.

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.