Sienna Senior Living Inc. (TSE:SIA) Receives C$17.42 Consensus Price Target from Analysts

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

A number of research analysts have issued reports on SIA shares. Desjardins increased their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. Scotiabank increased their target price on 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 Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, August 29th. TD Securities upped their price objective on shares of Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. Finally, CIBC raised 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.

Sienna Senior Living Stock Performance

Shares of TSE SIA opened at C$17.08 on Thursday. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The firm has a market cap of C$1.41 billion, a price-to-earnings ratio of 43.79 and a beta of 1.20. The stock’s fifty day moving average price is C$16.10 and its two-hundred day moving average price is C$14.87. Sienna Senior Living has a one year low of C$9.87 and a one year high of C$17.19.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results 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 business had revenue of C$210.52 million during the quarter. On average, equities analysts forecast that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 5.48%. The ex-dividend date of this dividend is Thursday, October 31st. Sienna Senior Living’s payout ratio 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.