Sienna Senior Living Inc. (TSE:SIA) Receives C$19.17 Consensus Target Price 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 received a consensus rating of "Moderate Buy" from the four brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$19.17.

A number of equities analysts recently issued reports on the company. TD Securities raised their price target on Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. CIBC raised their price objective on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. Royal Bank Of Canada upgraded shares of Sienna Senior Living from a "hold" rating to a "moderate buy" rating and raised their price objective for the company from C$18.00 to C$19.00 in a research report on Thursday, May 22nd. Finally, Desjardins raised their price objective on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the company a "buy" rating in a research report on Thursday, August 14th.

Sienna Senior Living Stock Performance

Shares of TSE SIA traded up C$0.02 during midday trading on Friday, reaching C$17.74. 179,317 shares of the company were exchanged, compared to its average volume of 276,117. The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. Sienna Senior Living has a 1 year low of C$14.59 and a 1 year high of C$19.12. The stock has a fifty day simple moving average of C$18.33 and a 200 day simple moving average of C$17.45. The stock has a market cap of C$1.64 billion, a P/E ratio of 45.49 and a beta of 1.03.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 15th will be given a $0.078 dividend. The ex-dividend date is Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 5.3%. Sienna Senior Living's dividend payout ratio (DPR) is presently 240.00%.

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.