Sienna Senior Living Inc. (TSE:SIA) Given Consensus Rating of "Moderate Buy" by Brokerages

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%.

Sienna Senior Living Inc. (TSE:SIA - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$18.79.

Several research firms have recently weighed in on SIA. TD Securities upped their price objective on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Desjardins boosted their price target on Sienna Senior Living from C$18.00 to C$20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Royal Bank Of Canada upgraded Sienna Senior Living from a "hold" rating to a "moderate buy" rating and increased their price objective for the stock from C$18.00 to C$19.00 in a research note on Thursday, May 22nd. Finally, CIBC boosted their target price on shares of 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.

Sienna Senior Living Price Performance

Shares of Sienna Senior Living stock traded up C$0.17 during trading on Wednesday, hitting C$18.63. 199,971 shares of the company's stock traded hands, compared to its average volume of 272,046. The company has a market cap of C$1.54 billion, a PE ratio of 46.12 and a beta of 1.20. The firm's fifty day moving average price is C$18.53 and its 200 day moving average price is C$17.14. Sienna Senior Living has a twelve month low of C$14.59 and a twelve month high of C$19.12. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.078 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Thursday, July 31st. 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.