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

Key Points

• Analysts remain bullish: All 11 covering firms rate Sienna Senior Living “Buy” or “Strong Buy,” with an average 12-month price target of C$26.45 versus a recent opening price of C$21.51.
• Sienna reported quarterly EPS of C$0.11 on revenue of C$277.08 million, with a net margin of 4.83% and return on equity of 6.58%.
• The company paid a monthly dividend of C$0.078 per share, representing a 4.4% annualized yield; however, its payout ratio was elevated at 176.60%.

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have received a consensus rating of "Buy" from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$26.45.

SIA has been the subject of a number of analyst reports. National Bank Financial upped 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. ATB Cormark Capital Markets lifted their price target on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the company an "outperform" rating in a research 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 boosted their price target for the company from C$25.00 to C$26.00 in a research note on Tuesday, August 11th. Canaccord Genuity Group increased their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Scotia lifted their target price on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company a "sector outperform" rating in a report on Thursday, May 7th.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$21.51 on Friday. The company's fifty day moving average price is C$22.38 and its 200 day moving average price is C$22.46. Sienna Senior Living has a 1 year low of C$17.35 and a 1 year high of C$24.07. The stock has a market capitalization of C$2.38 billion, a P/E ratio of 40.58 and a beta of 1.07. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56.

Sienna Senior Living (TSE:SIA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 6.58% and a net margin of 4.83%.The business had revenue of C$277.08 million during the quarter. As a group, equities research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 14th were issued a $0.078 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, July 31st. Sienna Senior Living's payout ratio is currently 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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