Sienna Senior Living Inc. (TSE:SIA) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$15.57.

A number of equities analysts have commented on SIA shares. Scotiabank raised Sienna Senior Living from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$14.50 to C$16.50 in a report on Friday, May 10th. Royal Bank of Canada lifted their price target on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Friday, May 17th. CIBC increased their price objective on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “negative” rating in a research report on Monday, May 13th. Desjardins lifted their target price on Sienna Senior Living from C$15.50 to C$16.50 and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, TD Securities increased their price target on Sienna Senior Living from C$15.00 to C$17.00 and gave the stock a “buy” rating in a report on Tuesday, May 14th.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$14.25 on Tuesday. The business has a fifty day moving average of C$14.27 and a 200 day moving average of C$13.09. Sienna Senior Living has a 1 year low of C$9.87 and a 1 year high of C$15.30. The company has a debt-to-equity ratio of 267.80, a current ratio of 0.11 and a quick ratio of 0.23. The firm has a market capitalization of C$1.04 billion, a price-to-earnings ratio of 38.51 and a beta of 1.15.

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

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a $0.078 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.94 dividend on an annualized basis and a yield of 6.57%. Sienna Senior Living’s dividend payout ratio (DPR) is 254.05%.

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.