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

Sienna Senior Living Inc. (TSE:SIA) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.078 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, May 29th.

Sienna Senior Living Stock Up 0.9%

Shares of TSE SIA opened at C$22.16 on Wednesday. Sienna Senior Living has a 1 year low of C$17.35 and a 1 year high of C$24.07. The firm has a market cap of C$2.35 billion, a price-to-earnings ratio of 46.17 and a beta of 0.95. The company has a debt-to-equity ratio of 165.07, a quick ratio of 0.23 and a current ratio of 0.60. The stock’s 50-day simple moving average is C$22.59 and its 200-day simple moving average is C$21.80.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SIA shares. Canaccord Genuity Group lifted their target price on Sienna Senior Living from C$26.00 to C$27.50 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce lifted their target price on Sienna Senior Living from C$23.00 to C$26.00 in a research report on Monday, February 23rd. TD Securities lifted 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. Scotia lifted their target price on Sienna Senior Living from C$25.00 to C$26.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 7th. Finally, Desjardins lifted 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Sienna Senior Living currently has an average rating of “Buy” and an average price target of C$26.09.

Sienna Senior Living Company Profile

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.