Sienna Senior Living (TSE:SIA) Price Target Raised to C$18.00

Sienna Senior Living (TSE:SIA) had its price objective lifted by TD Securities from C$17.00 to C$18.00 in a research note issued to investors on Monday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

SIA has been the subject of a number of other research reports. CIBC raised their price target on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a negative rating in a research report on Monday, May 13th. National Bankshares set a C$17.00 price objective on shares of Sienna Senior Living and gave the stock an outperform rating in a report on Tuesday, July 23rd. Desjardins upped their target price on shares of Sienna Senior Living from C$15.50 to C$16.50 and gave the company a buy rating in a research note on Monday, May 13th. Royal Bank of Canada lifted their price target on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a sector perform rating in a research note on Friday, May 17th. Finally, Scotiabank raised Sienna Senior Living from a sector perform rating to an outperform rating and boosted their price objective for the company from C$14.50 to C$16.50 in a report on Friday, May 10th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Sienna Senior Living has an average rating of Moderate Buy and a consensus target price of C$16.71.

Sienna Senior Living Trading Up 0.5 %

Shares of SIA opened at C$15.10 on Monday. 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 one year low of C$9.87 and a one year high of C$15.91. The stock has a 50-day moving average price of C$14.82 and a 200 day moving average price of C$13.83. The company has a market capitalization of C$1.10 billion, a P/E ratio of 38.72 and a beta of 1.15.

Sienna Senior Living Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be given a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.20%. The ex-dividend date is Wednesday, July 31st. Sienna Senior Living’s payout ratio is 241.03%.

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.