Sienna Senior Living Inc. (TSE:SIA) Receives Average Rating of “Moderate Buy” from Brokerages

Sienna Senior Living Inc. (TSE:SIA) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$18.00.

SIA has been the subject of a number of research reports. Scotiabank increased their price target on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. CIBC lifted their target price on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th. Finally, TD Securities raised their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Monday, October 21st.

Sienna Senior Living Trading Up 0.1 %

SIA stock opened at C$15.69 on Tuesday. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The company has a market capitalization of C$1.30 billion, a price-to-earnings ratio of 40.23 and a beta of 1.20. The business has a 50 day simple moving average of C$16.67 and a two-hundred day simple moving average of C$15.88. Sienna Senior Living has a 1-year low of C$11.41 and a 1-year high of C$17.60.

Sienna Senior Living Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were given a $0.078 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.97%. Sienna Senior Living’s payout ratio is 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.