Sienna Senior Living (TSE:SIA) Stock Price Expected to Rise, CIBC Analyst Says

Sienna Senior Living (TSE:SIA) had its price target upped by CIBC from C$17.00 to C$19.00 in a report released on Wednesday,BayStreet.CA reports.

Several other brokerages also recently commented on SIA. National Bankshares set a C$17.50 target price on Sienna Senior Living and gave the company an “outperform” rating in a research note on Thursday, August 29th. National Bank Financial upgraded shares of Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. TD Securities lifted their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Desjardins upped their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$18.00.

Sienna Senior Living Trading Down 0.5 %

Shares of SIA stock opened at C$16.33 on Wednesday. The stock has a 50-day moving average of C$16.82 and a 200-day moving average of C$15.45. Sienna Senior Living has a 1-year low of C$10.62 and a 1-year high of C$17.60. The stock has a market cap of C$1.35 billion, a price-to-earnings ratio of 41.87 and a beta of 1.20. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.078 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.94 annualized dividend and a dividend yield of 5.73%. Sienna Senior Living’s payout ratio is 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.