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

Sienna Senior Living Inc. (TSE:SIA) has received an average recommendation of “Buy” from the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$26.27.

A number of research analysts recently issued reports on the stock. National Bank Financial lifted their price target on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. TD increased their price objective on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. 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 company an “outperform” rating in a research report on Thursday, August 6th. Raymond James Financial upgraded shares of Sienna Senior Living from a “moderate buy” rating to a “strong-buy” rating and reduced their price objective for the company from C$25.75 to C$24.25 in a report on Friday, October 2nd. Finally, Royal Bank Of Canada raised shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and lifted their price objective for the stock from C$25.00 to C$26.00 in a research report on Tuesday, August 11th.

Insider Buying and Selling

In other Sienna Senior Living news, Director Brian Johnston purchased 2,500 shares of the business’s stock in a transaction on Monday, September 14th. The shares were bought at an average cost of C$19.96 per share, for a total transaction of C$49,900.00. Following the completion of the purchase, the director directly owned 29,037 shares in the company, valued at approximately C$579,578.52. This represents a 9.42% increase in their ownership of the stock. 0.12% of the stock is owned by company insiders.

Sienna Senior Living Stock Performance

Shares of Sienna Senior Living stock opened at C$20.45 on Friday. The business has a 50-day simple moving average of C$20.09 and a 200-day simple moving average of C$21.81. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56. Sienna Senior Living has a one year low of C$18.73 and a one year high of C$24.07. The company has a market cap of C$2.27 billion, a PE ratio of 38.58 and a beta of 0.93.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. The firm had revenue of C$277.08 million for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. On average, equities research analysts forecast that Sienna Senior Living will post 0.46 EPS for the current fiscal year.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, November 13th will be issued a $0.0780 dividend. This represents a $0.94 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, October 30th. Sienna Senior Living’s dividend payout ratio is 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.