Sienna Senior Living Inc. (TSE:SIA) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Sienna Senior Living Inc. (TSE:SIA) have earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$17.58.

A number of analysts have issued reports on the company. Desjardins raised their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a report on Monday, August 12th. Royal Bank of Canada boosted their target price on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. National Bankshares set a C$17.50 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Finally, National Bank Financial upgraded shares of Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd.

Sienna Senior Living Price Performance

TSE SIA opened at C$17.06 on Monday. The company has a market cap of C$1.41 billion, a P/E ratio of 43.74 and a beta of 1.20. Sienna Senior Living has a 1 year low of C$10.26 and a 1 year high of C$17.60. 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 company has a fifty day simple moving average of C$16.55 and a 200 day simple moving average of C$15.20.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The firm had revenue of C$210.52 million for the quarter. Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. On average, sell-side analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date is Thursday, October 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.