National Bankshares Reiterates “C$17.50” Price Target for Sienna Senior Living (TSE:SIA)

National Bankshares set a C$17.50 price objective on Sienna Senior Living (TSE:SIA) in a research note issued to investors on Thursday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other analysts have also recently issued reports on SIA. Desjardins increased their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a buy rating in a research note on Monday, August 12th. TD Securities boosted their price objective on 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. National Bank Financial upgraded shares of Sienna Senior Living to a strong-buy rating in a research note on Monday, July 22nd. Scotiabank boosted their price target on shares of 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. Finally, Royal Bank of Canada raised their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned 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$17.42.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$15.52 on Thursday. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. The stock has a market cap of C$1.13 billion, a P/E ratio of 39.79 and a beta of 1.19. The company has a 50-day moving average price of C$15.02 and a 200 day moving average price of C$14.09. Sienna Senior Living has a 12-month low of C$9.87 and a 12-month high of C$15.91.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The business had revenue of C$210.52 million during the quarter. Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. Sell-side analysts anticipate that Sienna Senior Living will post 0.3424842 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, September 13th will be paid a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date is Friday, August 30th. Sienna Senior Living’s dividend payout ratio is currently 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.