Sienna Senior Living Inc. Announces Monthly Dividend of $0.08 (TSE:SIA)

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Monday, April 15th, TickerTech reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.078 per share on Wednesday, May 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date is Monday, April 29th.

Sienna Senior Living Stock Performance

TSE SIA opened at C$13.07 on Tuesday. Sienna Senior Living has a 1-year low of C$9.87 and a 1-year high of C$13.62. The business’s 50-day simple moving average is C$12.90 and its 200-day simple moving average is C$11.73. The firm has a market capitalization of C$953.72 million, a P/E ratio of 130.70 and a beta of 1.15. The company has a debt-to-equity ratio of 269.32, a current ratio of 0.12 and a quick ratio of 0.23.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Tuesday, February 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 1.74% and a net margin of 0.90%. The firm had revenue of C$210.74 million during the quarter.

Analysts Set New Price Targets

SIA has been the topic of several analyst reports. Scotiabank lifted their price objective on Sienna Senior Living from C$13.50 to C$14.50 and gave the stock a “sector perform” rating in a report on Thursday, February 22nd. Royal Bank of Canada upped their price objective on Sienna Senior Living from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Monday, February 26th. CIBC upped their price target on shares of Sienna Senior Living from C$12.50 to C$14.00 and gave the stock a “neutral” rating in a research report on Thursday, February 22nd. Finally, TD Securities increased their price objective on shares of Sienna Senior Living from C$14.00 to C$14.50 and gave the stock a “buy” rating in a report on Thursday, February 22nd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Sienna Senior Living has a consensus rating of “Hold” and an average target price of C$14.00.

Sienna Senior Living Company Profile

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.