Sienna Senior Living (TSE:SIA) Price Target Raised to C$18.00

Sienna Senior Living (TSE:SIA) had its target price increased by Scotiabank from C$17.50 to C$18.00 in a research report sent to investors on Wednesday,BayStreet.CA reports.

SIA has been the subject of a number of other reports. Desjardins upped their price target on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday, August 12th. TD Securities increased their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Cormark raised Sienna Senior Living to a “moderate buy” rating in a research note on Monday, October 28th. National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Finally, Royal Bank of Canada upped their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA opened at C$16.33 on Wednesday. Sienna Senior Living has a one year low of C$10.62 and a one year high of C$17.60. The stock’s fifty day moving average is C$16.82 and its 200-day moving average is C$15.43. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm has a market capitalization of C$1.35 billion, a price-to-earnings ratio of 41.87 and a beta of 1.20.

Sienna Senior Living Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a dividend yield of 5.73%. The ex-dividend date was Thursday, October 31st. Sienna Senior Living’s dividend payout ratio is 241.03%.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.