Sienna Senior Living (TSE:SIA) Sets New 52-Week High – Should You Buy?

Sienna Senior Living Inc. (TSE:SIA)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$17.40 and last traded at C$17.40, with a volume of 8895 shares. The stock had previously closed at C$17.25.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Desjardins increased their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday, August 12th. TD Securities increased their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday. CIBC increased their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Finally, Scotiabank increased their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$17.58.

Sienna Senior Living Trading Up 0.1 %

The business’s 50 day moving average price is C$16.30 and its 200-day moving average price is C$15.02. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. The company has a market cap of C$1.43 billion, a price-to-earnings ratio of 44.31 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.23). The company had revenue of C$210.52 million for the quarter. Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. On average, equities analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.078 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Thursday, October 31st. Sienna Senior Living’s dividend 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.