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

Shares of Sienna Senior Living Inc. (TSE:SIA) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$17.86.

A number of equities research analysts have commented on SIA shares. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a research note on Monday, October 28th. CIBC increased their price target on Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. BMO Capital Markets set a C$17.00 price target on Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, January 30th. TD Securities raised their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Scotiabank raised their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th.

Sienna Senior Living Price Performance

SIA opened at C$15.62 on Wednesday. Sienna Senior Living has a 12-month low of C$11.81 and a 12-month 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 business’s fifty day simple moving average is C$15.68 and its 200-day simple moving average is C$16.09. The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 40.05 and a beta of 1.20.

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 analysts’ consensus estimates of C$0.31 by C($0.25). Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. During the same period in the prior year, the company posted $0.26 EPS. On average, equities research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be issued a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.99%. The ex-dividend date is Friday, January 31st. Sienna Senior Living’s payout ratio is currently 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.