Sienna Senior Living Inc. (TSE:SIA) Receives Average Recommendation of “Buy” from Analysts

Sienna Senior Living Inc. (TSE:SIA) has earned an average rating of “Buy” from the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$26.09.

SIA has been the subject of several recent analyst reports. National Bank Financial increased their price objective on shares of Sienna Senior Living from C$24.50 to C$27.50 and gave the stock an “outperform” rating in a research report on Monday, April 20th. Scotia upped their price target 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 report on Thursday, May 7th. ATB Cormark Capital Markets increased their price target on Sienna Senior Living from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. TD lifted their price objective on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Canaccord Genuity Group boosted their price objective on Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research note on Thursday, May 7th.

Sienna Senior Living Trading Up 2.3%

Shares of SIA stock opened at C$23.26 on Friday. Sienna Senior Living has a 1-year low of C$17.35 and a 1-year high of C$24.07. The company has a current ratio of 0.60, a quick ratio of 0.23 and a debt-to-equity ratio of 165.07. The stock has a market cap of C$2.47 billion, a price-to-earnings ratio of 48.46 and a beta of 1.10. The stock has a 50-day moving average of C$22.13 and a 200-day moving average of C$22.10.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 EPS for the quarter. The company had revenue of C$275.41 million for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%. On average, equities research analysts forecast that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.0%. Sienna Senior Living’s dividend payout ratio (DPR) is currently 195.00%.

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.