Sienna Senior Living (TSE:SIA) Price Target Raised to C$19.00

Sienna Senior Living (TSE:SIA) had its price objective increased by CIBC from C$17.00 to C$19.00 in a report released on Wednesday,BayStreet.CA reports.

Several other research firms have also weighed in on SIA. National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Royal Bank of Canada boosted their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. Scotiabank lifted their target price on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday. Finally, TD Securities increased their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Two research 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 company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$18.00.

Sienna Senior Living Price Performance

Shares of SIA opened at C$16.33 on Wednesday. The stock has a market cap of C$1.35 billion, a P/E ratio of 41.87 and a beta of 1.20. Sienna Senior Living has a 1 year low of C$10.62 and a 1 year high of C$17.60. The stock’s 50-day moving average price is C$16.82 and its two-hundred day moving average price is C$15.43. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date was Thursday, October 31st. 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.