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

Key Points

• Sienna Senior Living Inc. has received a consensus rating of "Moderate Buy" from four brokerages, with three analysts recommending buying the stock.
• The average target price for Sienna Senior Living among analysts is C$19.17, reflecting positive sentiment towards its future performance.
• The company recently announced a monthly dividend of $0.078 per share, resulting in an annual yield of 5.3%, with a payout ratio of 240.00%.

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the four research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$19.17.

Several research analysts recently weighed in on SIA shares. CIBC upped their price target on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Desjardins 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, August 14th. Royal Bank Of Canada raised shares of Sienna Senior Living from a "hold" rating to a "moderate buy" rating and lifted their price objective for the stock from C$18.00 to C$19.00 in a research report on Thursday, May 22nd. 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 Price Performance

Shares of Sienna Senior Living stock traded down C$0.13 during trading hours on Friday, reaching C$17.67. The stock had a trading volume of 167,347 shares, compared to its average volume of 276,039. 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 current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The stock's 50 day moving average is C$18.37 and its 200 day moving average is C$17.44. The firm has a market capitalization of C$1.63 billion, a PE ratio of 45.31 and a beta of 1.03.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 15th will be paid a dividend of $0.078 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is 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.