Sienna Senior Living (TSE:SIA) Reaches New 12-Month High at $15.31

Sienna Senior Living Inc. (TSE:SIA) hit a new 52-week high on Tuesday . The company traded as high as C$15.31 and last traded at C$15.29, with a volume of 131481 shares trading hands. The stock had previously closed at C$15.09.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SIA. Scotiabank upgraded shares of Sienna Senior Living from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$14.50 to C$16.50 in a research note on Friday, May 10th. Royal Bank of Canada boosted their price target on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 17th. TD Securities boosted their price target on shares of Sienna Senior Living from C$15.00 to C$17.00 and gave the stock a “buy” rating in a research report on Tuesday, May 14th. Desjardins boosted their price target on shares of Sienna Senior Living from C$15.50 to C$16.50 and gave the stock a “buy” rating in a research report on Monday, May 13th. Finally, National Bankshares set a C$17.00 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$16.14.

Sienna Senior Living Trading Up 1.4 %

The company has a debt-to-equity ratio of 267.80, a quick ratio of 0.23 and a current ratio of 0.11. The company has a 50 day simple moving average of C$14.56 and a two-hundred day simple moving average of C$13.50. The company has a market cap of C$1.13 billion, a PE ratio of 42.03 and a beta of 1.15.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, May 9th. The company reported C$0.27 earnings per share for the quarter. Sienna Senior Living had a return on equity of 6.83% and a net margin of 3.29%. The company had revenue of C$230.95 million for the quarter. Sell-side analysts forecast that Sienna Senior Living Inc. will post 0.329883 EPS for the current year.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $0.94 annualized dividend and a yield of 6.02%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 254.05%.

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.