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

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, June 14th, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.078 per share on Monday, July 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.55%. The ex-dividend date of this dividend is Friday, June 28th.

Sienna Senior Living Stock Down 0.8 %

TSE:SIA opened at C$14.28 on Friday. The company has a market cap of C$1.04 billion, a price-to-earnings ratio of 38.59 and a beta of 1.15. The company has a debt-to-equity ratio of 267.80, a quick ratio of 0.23 and a current ratio of 0.11. The stock’s fifty day moving average price is C$14.01 and its two-hundred day moving average price is C$12.81. Sienna Senior Living has a 52-week low of C$9.87 and a 52-week high of C$15.30.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.27 earnings per share for the quarter. Sienna Senior Living had a net margin of 3.29% and a return on equity of 6.83%. The business had revenue of C$230.95 million during the quarter. On average, analysts anticipate that Sienna Senior Living will post 0.329883 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SIA shares. Desjardins raised their target price on Sienna Senior Living from C$15.50 to C$16.50 and gave the stock a “buy” rating in a report on Monday, May 13th. Royal Bank of Canada boosted their price objective on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Friday, May 17th. CIBC increased their target price on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “negative” rating in a report on Monday, May 13th. TD Securities boosted their price target on shares of Sienna Senior Living from C$15.00 to C$17.00 and gave the company a “buy” rating in a report on Tuesday, May 14th. Finally, Scotiabank raised Sienna Senior Living from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$14.50 to C$16.50 in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$15.57.

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.