Sienna Senior Living (TSE:SIA) Price Target Raised to C$19.00

Sienna Senior Living (TSE:SIA) had its price target boosted by TD Securities from C$18.00 to C$19.00 in a research report released on Monday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

SIA has been the topic of several other reports. National Bankshares set a C$17.50 price target on shares of Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, August 29th. Scotiabank increased their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a research report on Monday, August 12th. National Bank Financial upgraded shares of Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. Desjardins increased their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. Finally, Royal Bank of Canada raised their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research note on Thursday, August 29th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Sienna Senior Living currently has a consensus rating of “Moderate Buy” and an average target price of C$17.58.

Sienna Senior Living Stock Up 0.1 %

SIA opened at C$17.26 on Monday. The stock’s fifty day simple moving average is C$16.26 and its 200 day simple moving average is C$15.00. Sienna Senior Living has a 1-year low of C$9.87 and a 1-year high of C$17.40. The stock has a market cap of C$1.43 billion, a PE ratio of 44.26 and a beta of 1.20. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10.

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%. As a group, research analysts expect that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

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