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

Shares of Sienna Senior Living Inc. (TSE:SIA - Get Free Report) have received an average rating of "Moderate Buy" from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$18.00.

Several brokerages have weighed in on SIA. TD Securities boosted their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Scotiabank upped their target price on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. CIBC upped their target price on Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday, November 13th. Finally, Cormark upgraded Sienna Senior Living to a "moderate buy" rating in a report on Monday, October 28th.

Sienna Senior Living Trading Up 0.8 %

SIA stock traded up C$0.12 during midday trading on Friday, hitting C$15.12. The company had a trading volume of 227,535 shares, compared to its average volume of 194,156. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10. Sienna Senior Living has a 52 week low of C$11.75 and a 52 week high of C$17.60. The stock's 50 day moving average price is C$16.07 and its 200 day moving average price is C$15.96. The stock has a market cap of C$1.25 billion, a price-to-earnings ratio of 38.77 and a beta of 1.20.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be issued a $0.078 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.94 dividend on an annualized basis and a yield of 6.19%. Sienna Senior Living's dividend payout ratio (DPR) is 241.03%.

About Sienna Senior Living

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.