TD Securities Raises Sienna Senior Living (TSE:SIA) Price Target to C$19.00

Sienna Senior Living (TSE:SIA) had its price objective upped by TD Securities from C$18.00 to C$19.00 in a research note issued to investors on Monday, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

A number of other analysts have also commented on SIA. National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. Royal Bank of Canada increased their price target on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Desjardins lifted their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, CIBC increased their target price on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Sienna Senior Living has an average rating of “Moderate Buy” and an average target price of C$17.58.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$17.26 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. Sienna Senior Living has a 52 week low of C$9.87 and a 52 week high of C$17.40. The firm has a 50 day moving average of C$16.26 and a 200-day moving average of C$15.00. The company has a market cap of C$1.43 billion, a price-to-earnings ratio of 44.26 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.31 by C($0.23). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. The firm had revenue of C$210.52 million for the quarter. On average, equities analysts forecast that Sienna Senior Living will post 0.4595351 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 Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.078 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.42%. Sienna Senior Living’s dividend payout ratio (DPR) is currently 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.