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

Key Points

• Sienna Senior Living Inc. has received a consensus recommendation of "Moderate Buy" from brokerage firms, with an average target price of C$19.17.
• The company recently increased its monthly dividend to $0.078 per share, providing a yield of 5.2% to shareholders.
• Sienna Senior Living operates primarily in Canada and is known as the largest licensed long-term care operator in Ontario.

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have received an average recommendation of "Moderate Buy" from the four ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$19.17.

Separately, Desjardins increased their target price on Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a "buy" rating in a report on Thursday, August 14th.

Sienna Senior Living Trading Down 0.6%

TSE:SIA opened at C$18.09 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47. The business's 50 day moving average is C$18.13 and its two-hundred day moving average is C$17.68. Sienna Senior Living has a 52 week low of C$14.59 and a 52 week high of C$19.12. The company has a market cap of C$1.67 billion, a PE ratio of 46.38 and a beta of 1.00.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 15th were issued a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 29th. Sienna Senior Living's dividend payout ratio (DPR) is currently 240.00%.

Sienna Senior Living Company Profile

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.

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