Sienna Senior Living Inc. Declares Monthly Dividend of $0.08 (TSE:SIA)

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Monday, July 15th, TickerTech reports. Shareholders of record on Wednesday, July 31st will be given a dividend of 0.078 per share on Thursday, August 15th. This represents a $0.94 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Wednesday, July 31st.

Sienna Senior Living Stock Performance

Shares of SIA stock traded down C$0.01 during midday trading on Tuesday, hitting C$14.71. 17,288 shares of the company were exchanged, compared to its average volume of 250,220. Sienna Senior Living has a 52 week low of C$9.87 and a 52 week high of C$15.30. The firm has a market capitalization of C$1.07 billion, a P/E ratio of 39.78 and a beta of 1.15. The firm’s 50 day moving average price is C$14.48 and its two-hundred day moving average price is C$13.32. The company has a debt-to-equity ratio of 267.80, a quick ratio of 0.23 and a current ratio of 0.11.

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

Analyst Ratings Changes

A number of equities analysts recently commented on SIA shares. Desjardins raised 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. TD Securities increased their price target on 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. CIBC upped their target price on Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “negative” rating in a research report on Monday, May 13th. Scotiabank upgraded shares of Sienna Senior Living from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$14.50 to C$16.50 in a research note on Friday, May 10th. Finally, Royal Bank of Canada boosted their target price on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Friday, May 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$15.57.

Sienna Senior Living Company Profile

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.