Brokerages Set Sienna Senior Living Inc. (TSE:SIA) Price Target at C$17.86

Shares of Sienna Senior Living Inc. (TSE:SIA) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$17.86.

SIA has been the subject of a number of analyst reports. CIBC dropped their price target on shares of Sienna Senior Living from C$19.00 to C$18.00 in a research report on Friday, February 28th. TD Securities set a C$20.00 target price on Sienna Senior Living and gave the company a “buy” rating in a research report on Friday, February 28th. Finally, BMO Capital Markets set a C$17.00 price target on Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, January 30th.

Sienna Senior Living Price Performance

Shares of SIA opened at C$16.47 on Thursday. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The stock has a market cap of C$1.36 billion, a PE ratio of 40.78 and a beta of 1.20. Sienna Senior Living has a 1-year low of C$12.62 and a 1-year high of C$17.60. The firm has a fifty day moving average price of C$15.93 and a 200 day moving average price of C$16.21.

Sienna Senior Living Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were issued a $0.078 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.68%. Sienna Senior Living’s dividend payout ratio (DPR) is currently 232.73%.

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.