Sienna Senior Living Inc. (TSE:SIA) Stock Rated “Buy” by Sell-Side Brokerages

by · The Markets Daily

Shares of Sienna Senior Living Inc. (TSE:SIA – Get Free Report) have been assigned a consensus rating of “Buy” from the twelve research firms that are covering the firm, MarketBeat reports. Ten analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$26.27.

Several research analysts have recently weighed in on SIA shares. Raymond James Financial raised Sienna Senior Living from a “moderate buy” rating to a “strong-buy” rating and reduced their target price for the stock from C$25.75 to C$24.25 in a research note on Friday, October 2nd. National Bank Financial boosted their price target on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and upped their price objective for the stock from C$25.00 to C$26.00 in a research report on Tuesday, August 11th. TD increased their price objective on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, ATB Cormark Capital Markets increased their price objective on shares of Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, August 6th.

Read Our Latest Stock Report on SIA

Sienna Senior Living Trading Up 0.1%

Shares of Sienna Senior Living stock opened at C$19.73 on Monday. The firm has a 50-day simple moving average of C$20.51 and a two-hundred day simple moving average of C$21.75. The company has a market cap of C$2.19 billion, a P/E ratio of 37.23 and a beta of 1.00. Sienna Senior Living has a fifty-two week low of C$18.50 and a fifty-two week high of C$24.07. The company has a debt-to-equity ratio of 148.98, a quick ratio of 0.23 and a current ratio of 0.56.

Sienna Senior Living (TSE:SIA – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported C$0.11 earnings per share for the quarter. The firm had revenue of C$277.08 million during the quarter. Sienna Senior Living had a return on equity of 6.58% and a net margin of 4.83%. As a group, equities analysts predict that Sienna Senior Living will post 0.46 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, November 13th will be given a dividend of $0.0780 per share. This represents a $0.94 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, October 30th. Sienna Senior Living’s dividend payout ratio is 176.60%.

Insider Buying and Selling at Sienna Senior Living

In related news, Director Brian Johnston purchased 2,500 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were purchased at an average cost of C$19.96 per share, with a total value of C$49,900.00. Following the purchase, the director owned 29,037 shares of the company’s stock, valued at C$579,578.52. This represents a 9.42% increase in their position. 0.12% of the stock is currently owned by company insiders.

About Sienna Senior Living

(Get Free Report)

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.

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