Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$18.00

Sienna Senior Living Inc. (TSE:SIA) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$18.00.

A number of equities research analysts have recently weighed in on SIA shares. Desjardins raised 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 note on Monday, August 12th. Royal Bank of Canada raised their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. TD Securities raised their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Monday, October 21st. Finally, National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, August 29th.

Sienna Senior Living Price Performance

The firm has a market capitalization of C$1.40 billion, a P/E ratio of 42.82 and a beta of 1.20. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. Sienna Senior Living has a one year low of C$10.75 and a one year high of C$17.60. The business’s 50-day moving average price is C$16.86 and its 200-day moving average price is C$15.70.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 13th will be given a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, November 29th. Sienna Senior Living’s payout ratio is currently 241.03%.

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.