Sienna Senior Living (TSE:SIA) Price Target Increased to C$19.00 by Analysts at TD Securities

Sienna Senior Living (TSE:SIA) had its price objective upped by TD Securities from C$18.00 to C$19.00 in a research report released on Monday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

SIA has been the topic of a number of other research reports. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd. CIBC upped their price objective on Sienna Senior Living from C$16.00 to C$17.00 and gave the company a “neutral” rating in a research report on Monday, August 12th. Royal Bank of Canada lifted their target price on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Desjardins raised their price target on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, Scotiabank boosted their price objective on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$17.58.

Sienna Senior Living Stock Performance

TSE:SIA opened at C$17.28 on Monday. The firm has a market capitalization of C$1.43 billion, a PE ratio of 44.31 and a beta of 1.20. The stock’s fifty day moving average is C$16.30 and its 200 day moving average is C$15.02. Sienna Senior Living has a fifty-two week low of C$9.87 and a fifty-two week high of C$17.40. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, August 8th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.31 by C($0.23). Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. The firm had revenue of C$210.52 million during the quarter. On average, sell-side analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.078 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date is Thursday, October 31st. Sienna Senior Living’s dividend payout ratio (DPR) is presently 241.03%.

Sienna Senior Living Company Profile

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.