Sienna Senior Living Inc. (TSE:SIA) Receives C$26.45 Consensus Target Price from Analysts

Sienna Senior Living Inc. (TSE:SIA) has been assigned an average recommendation of “Buy” from the eleven analysts that are presently covering the company, MarketBeat Ratings reports. Ten analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$26.45.

Several brokerages have weighed in on SIA. Canaccord Genuity Group increased their target price on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the stock a “buy” rating in a research note on Thursday, May 7th. National Bank Financial raised their target price on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the company an “outperform” rating in a report on Thursday, August 6th. TD upped their price objective on Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research 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 upped their target price for the company from C$25.00 to C$26.00 in a report on Tuesday, August 11th. Finally, Scotia boosted their price objective on Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 7th.

Sienna Senior Living Stock Down 1.5%

SIA stock opened at C$21.01 on Friday. 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 one year low of C$17.35 and a one year high of C$24.07. The firm has a market cap of C$2.33 billion, a PE ratio of 39.64 and a beta of 1.07. The firm’s fifty day moving average is C$22.35 and its 200 day moving average is C$22.44.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. The business had revenue of C$277.08 million during the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. On average, research analysts forecast 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, August 14th. Investors of record on Friday, August 14th were given a $0.078 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, July 31st. Sienna Senior Living’s payout ratio is 176.60%.

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.