Sienna Senior Living - SIA Stock Forecast, Price & News

Sienna Senior Living Inc., through its subsidiaries, provides senior living and long-term care (LTC) services in Canada. It operates through Retirement and LTC segments. The company offers a range of seniors' living options, including independent supportive and assisted living, memory care, and long-term care services, as well as specialized services comprising dementia care, continence management, skin and wound care, palliation, and end of life care; and provides management services. As of December 31, 2021, it owned and operated a total of 70 seniors' living residences comprising 27 retirement residences, 35 LTC residences, and eight seniors' living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc. in May 2015. Sienna Senior Living Inc. was founded in 1972 and is headquartered in Markham, Canada.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. TD Securities lifted their price target on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a "buy" rating in a report on Monday. Royal Bank of Canada cut their target price on Sienna Senior Living from C$16.50 to C$16.00 and set a "sector perform" rating on the stock in a research note on Thursday, May 19th. National Bankshares increased their price target on shares of Sienna Senior Living from C$15.00 to C$16.00 and gave the company an "outperform" rating in a research report on Monday. Finally, CIBC lifted their price objective on shares of Sienna Senior Living from C$15.75 to C$16.25 in a research report on Monday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$16.47.

Sienna Senior Living Stock Down 1.5 %

Shares of SIA traded down C$0.21 during mid-day trading on Monday, hitting C$13.93. 220,382 shares of the company traded hands, compared to its average volume of 279,290. The company has a market capitalization of C$1.01 billion and a PE ratio of 25.33. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 208.60. The business has a 50 day moving average of C$13.19 and a 200 day moving average of C$14.19. Sienna Senior Living has a 1-year low of C$12.32 and a 1-year high of C$16.16.

Sienna Senior Living (TSE:SIA - Get Rating) last issued its quarterly earnings results on Thursday, May 12th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.21 by C$0.18. The company had revenue of C$174.28 million for the quarter. Equities research analysts anticipate that Sienna Senior Living will post 0.51 EPS for the current year.

Sienna Senior Living Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 15th. Shareholders of record on Friday, July 29th will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Thursday, July 28th. This represents a $0.94 annualized dividend and a yield of 6.72%. Sienna Senior Living's payout ratio is presently 170.18%.