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

Shares of Sienna Senior Living Inc. (TSE:SIA) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$17.58.

Several brokerages have recently issued reports on SIA. National Bankshares set a C$17.50 target price on shares of Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, August 29th. Cormark raised shares of Sienna Senior Living to a “moderate buy” rating in a research note on Monday, October 28th. Scotiabank raised their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research note on Monday, August 12th. CIBC raised their target price on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Finally, Desjardins increased their price target on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research report on Monday, August 12th.

Sienna Senior Living Stock Down 0.2 %

Shares of TSE:SIA opened at C$16.97 on Monday. Sienna Senior Living has a 12 month low of C$10.26 and a 12 month high of C$17.60. The company’s 50-day moving average price is C$16.72 and its two-hundred day moving average price is C$15.34. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. The firm has a market cap of C$1.40 billion, a P/E ratio of 43.51 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. The company had revenue of C$210.52 million for the quarter. As a group, research analysts forecast that Sienna Senior Living will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.078 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.52%. Sienna Senior Living’s dividend payout ratio (DPR) is presently 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.