Sienna Senior Living Inc. (TSE:SIA) Stock Has Average Target Price of C$26.27

Shares of Sienna Senior Living Inc. (TSE:SIA) have been given an average rating of “Buy” by the twelve brokerages that are covering the firm, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$26.27.

Several equities analysts have issued reports on the company. TD boosted their price target on Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. ATB Cormark Capital Markets increased their price target on 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. Raymond James Financial raised shares of Sienna Senior Living from a “moderate buy” rating to a “strong-buy” rating and reduced their price objective for the stock from C$25.75 to C$24.25 in a research report on Friday, October 2nd. Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and raised their price objective for the stock from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. Finally, National Bank Financial lifted their price objective 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.

Sienna Senior Living Stock Performance

SIA stock opened at C$19.36 on Monday. The stock has a 50-day moving average price of C$20.60 and a 200-day moving average price of C$21.77. Sienna Senior Living has a 1-year low of C$18.41 and a 1-year 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 firm has a market cap of C$2.15 billion, a PE ratio of 36.53 and a beta of 1.00.

Sienna Senior Living (TSE:SIA) last announced its earnings results 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 company had revenue of C$277.08 million for the quarter. As a group, equities research analysts expect that Sienna Senior Living will post 0.46 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 14th were paid a dividend of $0.0780 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.94 annualized dividend and a yield of 4.8%. Sienna Senior Living’s dividend payout ratio is currently 176.60%.

Insider Buying and Selling

In related news, Director Brian Johnston purchased 2,500 shares of Sienna Senior Living stock in a transaction on Monday, September 14th. The stock was acquired at an average cost of C$19.96 per share, for a total transaction of C$49,900.00. Following the completion of the acquisition, the director owned 29,037 shares of the company’s stock, valued at C$579,578.52. This trade represents a 9.42% increase in their position. Insiders own 0.12% of the company’s stock.

Sienna Senior Living Company Profile

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.