Sienna Senior Living Inc. (TSE:SIA) Receives C$26.09 Average Target Price from Analysts

Sienna Senior Living Inc. (TSE:SIA) has been given a consensus rating of “Buy” by the eleven research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price 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 research analyst reports. Canadian Imperial Bank of Commerce boosted their price objective on Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday, February 23rd. TD boosted their price objective on Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Desjardins boosted their price objective on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. 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 report on Thursday, May 7th. Finally, Scotiabank boosted their target price on Sienna Senior Living from C$24.00 to C$25.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd.

Sienna Senior Living Price Performance

Shares of SIA opened at C$21.45 on Tuesday. The company has a debt-to-equity ratio of 165.07, a quick ratio of 0.23 and a current ratio of 0.60. The stock has a 50 day simple moving average of C$22.33 and a 200 day simple moving average of C$21.95. Sienna Senior Living has a 52-week low of C$17.35 and a 52-week high of C$24.07. The firm has a market capitalization of C$2.28 billion, a PE ratio of 44.69 and a beta of 1.10.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%.The business had revenue of C$275.41 million during the quarter. Sell-side analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th will be paid a $0.078 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.4%. Sienna Senior Living’s payout ratio is presently 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.