Sienna Senior Living (TSE:SIA) Price Target Lowered to C$18.00 at CIBC

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

Other equities research analysts have also issued research reports about the company. BMO Capital Markets set a C$17.00 price target on Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, January 30th. Scotiabank upped their price target on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. Finally, TD Securities set a C$20.00 price target on Sienna Senior Living and gave the company a “buy” rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Sienna Senior Living has a consensus rating of “Moderate Buy” and an average price target of C$17.86.

Sienna Senior Living Trading Down 0.6 %

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

Sienna Senior Living Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Friday, February 28th. Sienna Senior Living’s dividend 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.