Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$17.86

Shares of Sienna Senior Living Inc. (TSE:SIA) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is C$17.86.

Several research analysts have recently issued reports on the stock. BMO Capital Markets set a C$17.00 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, January 30th. Scotiabank upped their target price on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. CIBC increased their target price on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th. Finally, Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th.

Sienna Senior Living Price Performance

SIA stock opened at C$15.94 on Wednesday. The stock has a market cap of C$1.32 billion, a price-to-earnings ratio of 39.46 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The company has a 50 day simple moving average of C$15.57 and a 200 day simple moving average of C$16.11. Sienna Senior Living has a 1 year low of C$12.02 and a 1 year high of C$17.60.

Sienna Senior Living Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, March 14th will be given a dividend of $0.078 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.87%. Sienna Senior Living’s dividend payout ratio (DPR) is 232.73%.

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.