Sienna Senior Living (TSE:SIA) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Sienna Senior Living (TSE:SIA) from a hold rating to a moderate buy rating in a research note issued to investors on Tuesday, MarketBeat.com reports. They currently have C$26.00 price target on the stock, up from their prior price target of C$25.00.

A number of other analysts have also recently weighed in on SIA. ATB Cormark Capital Markets increased their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Scotia boosted their target price on shares of 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. Canaccord Genuity Group upped 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 report on Thursday, May 7th. National Bank Financial raised their price target on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, TD lifted their price target on Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to data from MarketBeat.com, Sienna Senior Living currently has an average rating of “Buy” and a consensus target price of C$26.45.

Sienna Senior Living Trading Down 0.2%

Shares of TSE SIA opened at C$21.94 on Tuesday. The company has a market cap of C$2.43 billion, a price-to-earnings ratio of 41.40 and a beta of 1.07. Sienna Senior Living has a 12-month low of C$17.35 and a 12-month high of C$24.07. The company has a current ratio of 0.56, a quick ratio of 0.23 and a debt-to-equity ratio of 148.98. The stock’s 50 day simple moving average is C$22.36 and its 200 day simple moving average is C$22.46.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 EPS for the quarter. Sienna Senior Living had a return on equity of 6.58% and a net margin of 4.83%.The firm had revenue of C$277.08 million during the quarter. Equities research analysts expect that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Dividend Announcement

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