Analysts Set Sienna Senior Living Inc. (TSE:SIA) Target Price at C$18.79

Key Points

• Sienna Senior Living Inc. has received an average recommendation of "Moderate Buy" from six brokerages, with one hold and five buy ratings.
• The average twelve-month price target set by analysts for Sienna Senior Living shares is C$18.79, with recent upgrades from various analysts raising targets as high as C$21.00.
• The company recently declared a monthly dividend of $0.078 per share, yielding approximately 5.1%, with a high dividend payout ratio of 232.73%.

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$18.79.

A number of research analysts have recently commented on SIA shares. Desjardins lifted their price objective on shares of Sienna Senior Living from C$18.00 to C$20.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Royal Bank Of Canada raised Sienna Senior Living from a "hold" rating to a "moderate buy" rating and boosted their price target for the stock from C$18.00 to C$19.00 in a research report on Thursday, May 22nd. CIBC increased their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. Finally, TD Securities lifted 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 Stock Down 0.1%

Shares of TSE:SIA traded down C$0.01 during trading on Wednesday, hitting C$18.46. 191,850 shares of the company were exchanged, compared to its average volume of 272,523. Sienna Senior Living has a fifty-two week low of C$14.59 and a fifty-two week high of C$19.12. The stock has a market cap of C$1.53 billion, a price-to-earnings ratio of 45.70 and a beta of 1.20. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The firm has a fifty day moving average price of C$18.53 and a two-hundred day moving average price of C$17.11.

Sienna Senior Living Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.078 per share. The ex-dividend date is Thursday, July 31st. This represents a c) annualized dividend and a yield of 5.1%. Sienna Senior Living's dividend payout ratio is presently 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.