Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$17.17

Sienna Senior Living Inc. (TSE:SIA) has earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$17.17.

Several analysts recently issued reports on the company. Desjardins upped their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 12th. TD Securities increased their price objective on Sienna Senior Living from C$17.00 to C$18.00 and gave the company a “buy” rating in a report on Monday, August 12th. Royal Bank of Canada raised their target price on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Friday, May 17th. National Bank Financial raised shares of Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. Finally, CIBC lifted their price objective on shares of Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Monday, August 12th.

Sienna Senior Living Trading Up 1.2 %

Shares of TSE:SIA opened at C$15.25 on Wednesday. The company’s 50-day moving average price is C$14.91 and its two-hundred day moving average price is C$13.99. Sienna Senior Living has a one year low of C$9.87 and a one year high of C$15.91. 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 stock has a market capitalization of C$1.11 billion, a PE ratio of 39.10 and a beta of 1.19.

Sienna Senior Living Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be given a $0.078 dividend. This represents a $0.94 annualized dividend and a dividend yield of 6.14%. The ex-dividend date of this dividend is Friday, August 30th. Sienna Senior Living’s payout ratio is presently 241.03%.

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.