Sienna Senior Living (TSE:SIA) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Sienna Senior Living (TSE:SIA) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Several other equities analysts have also recently weighed in on the company. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a research report on Monday, October 28th. CIBC lifted their target price on Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday, November 13th. TD Securities raised their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Scotiabank raised their price target on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$17.86.

Sienna Senior Living Stock Performance

Shares of SIA stock opened at C$15.84 on Tuesday. The firm has a market cap of C$1.31 billion, a price-to-earnings ratio of 40.62 and a beta of 1.20. Sienna Senior Living has a 52 week low of C$11.81 and a 52 week high of C$17.60. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm’s 50-day simple moving average is C$15.82 and its two-hundred day simple moving average is C$16.02.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Monday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.31 by C($0.25). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. During the same quarter in the prior year, the business posted $0.26 earnings per share. As a group, equities analysts forecast that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be paid a $0.078 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.94 annualized dividend and a yield of 5.91%. Sienna Senior Living’s payout ratio is 241.03%.

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.