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

Sienna Senior Living Inc. (TSE:SIA) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$17.86.

A number of equities research analysts have recently weighed in on SIA shares. BMO Capital Markets set a C$17.00 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, January 30th. CIBC cut their target price on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research report on Friday, February 28th. Finally, TD Securities set a C$20.00 target price on shares of Sienna Senior Living and gave the stock a “buy” rating in a research note on Friday, February 28th.

Sienna Senior Living Price Performance

Shares of SIA stock opened at C$15.66 on Friday. The business has a fifty day simple moving average of C$15.55 and a 200 day simple moving average of C$16.15. The company has a market cap of C$1.30 billion, a P/E ratio of 38.77 and a beta of 1.20. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47. Sienna Senior Living has a twelve month low of C$12.62 and a twelve month high of C$17.60.

Sienna Senior Living Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a $0.078 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a yield of 5.98%. Sienna Senior Living’s payout ratio is 232.73%.

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.