Sienna Senior Living Inc. (TSE:SIA) Stock Has Consensus Price Target of C$26.27

Key Points

• Analyst sentiment is positive: All 12 covering firms rate Sienna Senior Living Buy or Strong Buy, with an average 1-year price target of C$26.27.
• Several analysts recently raised their targets, including National Bank Financial to C$28.50 and TD to C$28.00; Raymond James upgraded the stock to Strong Buy but lowered its target to C$24.25.
• Sienna declared a monthly dividend of C$0.078 per share, equivalent to an annualized C$0.94 and a 4.6% yield. Director Brian Johnston also bought 2,500 shares at C$19.96 each.

Sienna Senior Living Inc. (TSE:SIA - Get Free Report) has been assigned an average recommendation of "Buy" from the twelve research firms that are currently covering the firm, Marketbeat.com reports. Ten research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$26.27.

Several research analysts have recently commented on the stock. TD raised their price objective on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. National Bank Financial lifted their price objective on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the company an "outperform" rating in a report on Thursday, August 6th. Royal Bank Of Canada raised shares of Sienna Senior Living from a "hold" rating to a "moderate buy" rating and upped their target price for the stock from C$25.00 to C$26.00 in a research note on Tuesday, August 11th. Raymond James Financial upgraded shares of Sienna Senior Living from a "moderate buy" rating to a "strong-buy" rating and reduced their target price for the stock from C$25.75 to C$24.25 in a report on Friday, October 2nd. Finally, ATB Cormark Capital Markets increased their target price on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th.

Insider Buying and Selling at Sienna Senior Living

In related news, Director Brian Johnston acquired 2,500 shares of the business's stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of C$19.96 per share, with a total value of C$49,900.00. Following the completion of the transaction, the director owned 29,037 shares of the company's stock, valued at C$579,578.52. The trade was a 9.42% increase in their ownership of the stock. Corporate insiders own 0.12% of the company's stock.

Sienna Senior Living Stock Performance

Shares of Sienna Senior Living stock opened at C$20.45 on Friday. The stock has a market capitalization of C$2.27 billion, a price-to-earnings ratio of 38.58 and a beta of 0.93. The company has a debt-to-equity ratio of 148.98, a current ratio of 0.56 and a quick ratio of 0.23. The business has a 50-day moving average of C$20.09 and a 200 day moving average of C$21.81. Sienna Senior Living has a 12 month low of C$18.73 and a 12 month high of C$24.07.

Sienna Senior Living (TSE:SIA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$277.08 million for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. As a group, sell-side analysts forecast that Sienna Senior Living will post 0.46 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, November 13th will be paid a $0.0780 dividend. The ex-dividend date is Friday, October 30th. This represents a $0.94 annualized dividend and a dividend yield of 4.6%. Sienna Senior Living's payout ratio is 176.60%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc TSX: SIA offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna's approximately 15,000 employees are passionate about cultivating happiness in daily life.

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