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

Sienna Senior Living Inc. (TSE:SIA) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$18.00.

Several equities research analysts have recently commented on SIA shares. Royal Bank of Canada raised their target price on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. TD Securities raised their target price on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, CIBC lifted their price target on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$15.71 on Tuesday. The firm has a market capitalization of C$1.30 billion, a price-to-earnings ratio of 40.28 and a beta of 1.20. The stock has a fifty day moving average of C$16.77 and a 200 day moving average of C$15.85. Sienna Senior Living has a 52 week low of C$11.41 and a 52 week high of C$17.60. 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 Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were issued a dividend of $0.078 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.94 annualized dividend and a dividend yield of 5.96%. Sienna Senior Living’s payout ratio is 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.