Sienna Senior Living (TSE:SIA) Price Target Raised to C$22.50

Sienna Senior Living (TSE:SIA) had its price objective upped by Scotiabank from C$20.00 to C$22.50 in a report published on Monday morning,BayStreet.CA reports.

Separately, Desjardins raised their target price on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$20.58.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$20.44 on Monday. 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 stock has a market capitalization of C$1.89 billion, a P/E ratio of 46.45 and a beta of 0.94. The company has a 50 day moving average price of C$18.89 and a 200 day moving average price of C$18.48. Sienna Senior Living has a fifty-two week low of C$14.59 and a fifty-two week high of C$20.74.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 7.71% and a net margin of 3.57%.The company had revenue of C$261.70 million for the quarter. Equities research analysts forecast that Sienna Senior Living will post 0.4595351 EPS for the current year.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, November 14th were issued a $0.078 dividend. The ex-dividend date was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 4.6%. Sienna Senior Living’s dividend payout ratio is presently 212.73%.

About Sienna Senior Living

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.