Sienna Senior Living Inc. (TSE:SIA) Receives Average Recommendation of "Buy" from Analysts

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have received an average rating of "Buy" from the seven analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$18.79.

SIA has been the topic of several recent research reports. BMO Capital Markets set a C$17.00 target price on Sienna Senior Living and gave the stock an "outperform" rating in a report on Thursday, January 30th. Desjardins upped their target price on Sienna Senior Living from C$18.00 to C$20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. CIBC lifted their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Royal Bank of Canada raised shares of Sienna Senior Living from a "hold" rating to a "moderate buy" rating and boosted their price target for the company from C$18.00 to C$19.00 in a research report on Thursday, May 22nd. Finally, TD Securities raised their price objective on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th.

Sienna Senior Living Price Performance

SIA traded up C$0.17 on Friday, reaching C$18.61. 345,980 shares of the company's stock were exchanged, compared to its average volume of 294,840. Sienna Senior Living has a twelve month low of C$14.02 and a twelve month high of C$18.73. The stock has a market cap of C$1.54 billion, a PE ratio of 46.08 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The stock's fifty day moving average price is C$16.88 and its 200-day moving average price is C$16.24.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th were given a $0.078 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.94 dividend on an annualized basis and a yield of 5.03%. Sienna Senior Living's dividend payout ratio is currently 232.73%.

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.