CIBC Has Lowered Expectations for Sienna Senior Living (TSE:SIA) Stock Price

Sienna Senior Living (TSE:SIA) had its price target cut by CIBC from C$19.00 to C$18.00 in a report released on Friday,BayStreet.CA reports.

SIA has been the topic of a number of other reports. Scotiabank upped their price target on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. TD Securities set a C$20.00 price target on Sienna Senior Living and gave the stock a “buy” rating in a research note on Friday. Finally, BMO Capital Markets set a C$17.00 price target on Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Two equities research 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’s stock. Based on data from MarketBeat.com, Sienna Senior Living has a consensus rating of “Moderate Buy” and an average price target of C$17.86.

Sienna Senior Living Stock Down 0.6 %

SIA stock opened at C$15.63 on Friday. The stock’s 50 day simple moving average is C$15.51 and its 200 day simple moving average is C$16.12. Sienna Senior Living has a fifty-two week low of C$12.62 and a fifty-two week high of C$17.60. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The company has a market cap of C$1.29 billion, a P/E ratio of 38.70 and a beta of 1.20.

Sienna Senior Living Dividend Announcement

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 paid a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 5.99%. The ex-dividend date is Friday, February 28th. Sienna Senior Living’s dividend payout ratio (DPR) is presently 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.