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

Sienna Senior Living Inc. (TSE:SIA) has earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$17.42.

Several research firms have recently weighed in on SIA. Royal Bank of Canada raised their target price on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. TD Securities lifted their target price on shares of Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Scotiabank upped their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. National Bankshares set a C$17.50 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Finally, CIBC upped their price objective on shares of 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.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$16.96 on Friday. The stock has a market capitalization of C$1.40 billion, a P/E ratio of 43.49 and a beta of 1.19. The company’s fifty day moving average price is C$15.65 and its 200 day moving average price is C$14.49. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. 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 (EPS) for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The company had revenue of C$210.52 million during the quarter. Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. As a group, equities research analysts anticipate that Sienna Senior Living will post 0.4595104 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.078 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.94 annualized dividend and a dividend yield of 5.52%. Sienna Senior Living’s dividend payout ratio (DPR) is 241.03%.

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.