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

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

Several research firms recently weighed in on SIA. ATB Cormark Capital Markets raised their price objective on Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. National Bank Financial increased 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 report on Monday, April 20th. TD boosted their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Scotia upped their price objective on Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group lifted their target price on shares of 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.

Sienna Senior Living Trading Up 2.3%

Shares of Sienna Senior Living stock opened at C$23.26 on Friday. The firm’s 50 day moving average is C$22.13 and its 200 day moving average is C$22.10. The firm has a market capitalization of C$2.47 billion, a PE ratio of 48.46 and a beta of 1.10. Sienna Senior Living has a 1 year low of C$17.35 and a 1 year high of C$24.07. The company has a current ratio of 0.60, a quick ratio of 0.23 and a debt-to-equity ratio of 165.07.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 EPS for the quarter. The business had revenue of C$275.41 million during the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. Equities research analysts forecast 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 declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 4.0%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 195.00%.

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.