Sienna Senior Living Inc. (TSE:SIA) Receives Average Rating of “Buy” from Analysts

Sienna Senior Living Inc. (TSE:SIA) has been given a consensus rating of “Buy” by the eleven ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$26.09.

SIA has been the subject of a number of research analyst reports. Scotia increased their price target on Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a report on Thursday, May 7th. TD increased their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. BMO Capital Markets increased their price target on Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. Scotiabank raised their target price on Sienna Senior Living from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Finally, Desjardins raised their target price on Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd.

Sienna Senior Living Stock Up 0.1%

Shares of TSE:SIA opened at C$22.20 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 165.07. The business has a fifty day moving average of C$22.67 and a two-hundred day moving average of C$21.69. The stock has a market cap of C$2.36 billion, a P/E ratio of 46.25 and a beta of 0.95. Sienna Senior Living has a 52-week low of C$17.35 and a 52-week high of C$24.07.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Tuesday, May 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. The company had revenue of C$275.41 million during the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%. On average, research analysts expect that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 15th will be paid a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, May 29th. Sienna Senior Living’s dividend payout ratio (DPR) is currently 195.00%.

About Sienna Senior Living

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.