Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$17.42

Sienna Senior Living Inc. (TSE:SIA) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$17.42.

Several analysts have recently weighed in on the company. CIBC raised their target price on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Scotiabank lifted their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. National Bankshares set a C$17.50 price target on Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Desjardins lifted their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, Royal Bank of Canada lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th.

Sienna Senior Living Stock Down 0.6 %

Shares of Sienna Senior Living stock opened at C$16.81 on Friday. The business has a 50-day moving average of C$15.51 and a 200-day moving average of C$14.43. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The company has a market capitalization of C$1.39 billion, a PE ratio of 43.10 and a beta of 1.19. Sienna Senior Living has a 1-year low of C$9.87 and a 1-year high of C$17.12.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The business had revenue of C$210.52 million for the quarter. Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. As a group, equities analysts forecast that Sienna Senior Living will post 0.4595104 EPS for the current fiscal year.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.078 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.57%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 241.03%.

About Sienna Senior Living

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.