Sienna Senior Living Inc (TSE:SIA) Receives Consensus Recommendation of “Buy” from Brokerages

Sienna Senior Living Inc (TSE:SIA) has been given an average recommendation of “Buy” by the nine ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$19.78.

Several research analysts recently weighed in on the company. Royal Bank of Canada boosted their target price on Sienna Senior Living from C$19.00 to C$20.00 and gave the stock a “sector perform” rating in a research note on Monday, May 13th. Raymond James boosted their target price on Sienna Senior Living from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Monday, May 13th. National Bank Financial boosted their target price on Sienna Senior Living from C$19.50 to C$21.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 17th. Finally, BMO Capital Markets boosted their target price on Sienna Senior Living from C$18.75 to C$19.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 26th.

In other Sienna Senior Living news, Director Paula Jourdain Coleman sold 3,000 shares of Sienna Senior Living stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of C$19.02, for a total transaction of C$57,072.90. Following the completion of the sale, the director now owns 266,000 shares of the company’s stock, valued at approximately C$5,060,463.80.

Shares of SIA stock opened at C$19.45 on Wednesday. Sienna Senior Living has a 1-year low of C$15.44 and a 1-year high of C$19.80. The stock’s fifty day simple moving average is C$19.06. The company has a current ratio of 0.22, a quick ratio of 0.20 and a debt-to-equity ratio of 184.06. The stock has a market cap of $1.30 billion and a P/E ratio of 136.97.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Wednesday, May 8th. The company reported C$0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.33 by C($0.32). The company had revenue of C$163.67 million during the quarter. Sell-side analysts predict that Sienna Senior Living will post 0.26 EPS for the current year.

The company also recently declared a monthly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a dividend of $0.076 per share. The ex-dividend date of this dividend was Thursday, May 30th. This represents a $0.91 dividend on an annualized basis and a yield of 4.69%. Sienna Senior Living’s dividend payout ratio is currently 642.25%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc, through its subsidiaries, provides senior housing and long-term care (LTC) services in Canada. It operates through LTC and Retirement segments. The company offers a range of seniors' living options, including independent and assisted living, memory care, long-term care, and specialized programs and services, as well as provides management services.

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Analyst Recommendations for Sienna Senior Living (TSE:SIA)

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