Sienna Senior Living Inc. (SIA) to Issue Monthly Dividend of $0.08 on November 15th

Sienna Senior Living Inc. (TSE:SIA) announced a monthly dividend on Tuesday, October 15th, TickerTech reports. Stockholders of record on Thursday, October 31st will be given a dividend of 0.078 per share on Friday, November 15th. This represents a $0.94 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend is Thursday, October 31st.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$17.08 on Thursday. The business’s 50-day simple moving average is C$16.10 and its 200 day simple moving average is C$14.87. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. The stock has a market cap of C$1.41 billion, a price-to-earnings ratio of 43.79 and a beta of 1.20. Sienna Senior Living has a 12-month low of C$9.87 and a 12-month high of C$17.19.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter. As a group, research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Desjardins lifted 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 report on Monday, August 12th. Scotiabank upped their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the company an “outperform” rating in a report on Monday, August 12th. National Bank Financial upgraded Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. CIBC upped their price target on 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. Finally, Royal Bank of Canada increased their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Two investment 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. Based on data from MarketBeat, Sienna Senior Living has an average rating of “Moderate Buy” and a consensus price target of C$17.42.

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.