Sienna Senior Living Inc. (TSE:SIA) Given Average Recommendation of “Buy” by Analysts

Shares of Sienna Senior Living Inc. (TSE:SIA) have been assigned a consensus recommendation of “Buy” from the eleven research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$26.09.

Several equities analysts have recently issued reports on SIA shares. TD Securities boosted their target price on Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. TD boosted their target price on Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. National Bank Financial boosted their target price on Sienna Senior Living from C$24.50 to C$27.50 and gave the company an “outperform” rating in a research note on Monday, April 20th. Canaccord Genuity Group boosted their target price on Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, ATB Cormark Capital Markets boosted their target price on Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th.

Sienna Senior Living Price Performance

SIA opened at C$21.45 on Tuesday. The company has a debt-to-equity ratio of 165.07, a quick ratio of 0.23 and a current ratio of 0.60. Sienna Senior Living has a 52-week low of C$17.35 and a 52-week high of C$24.07. The stock has a market capitalization of C$2.28 billion, a PE ratio of 44.69 and a beta of 1.10. The stock’s 50 day moving average price is C$22.36 and its 200-day moving average price is C$21.92.

Sienna Senior Living (TSE:SIA) last posted 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 firm had revenue of C$275.41 million for the quarter. On average, equities research analysts predict that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 15th will be given a dividend of $0.078 per share. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.4%. Sienna Senior Living’s payout ratio is currently 195.00%.

About Sienna Senior Living

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.