Sienna Senior Living (TSE:SIA) Reaches New 52-Week High at $13.69

Sienna Senior Living Inc. (TSE:SIA) reached a new 52-week high on Thursday . The company traded as high as C$13.69 and last traded at C$13.57, with a volume of 62784 shares. The stock had previously closed at C$13.50.

Analysts Set New Price Targets

Several research firms have issued reports on SIA. Scotiabank increased their target price on shares of Sienna Senior Living from C$13.50 to C$14.50 and gave the stock a “sector perform” rating in a research note on Thursday, February 22nd. TD Securities upped their target price on shares of Sienna Senior Living from C$14.00 to C$14.50 and gave the company a “buy” rating in a research report on Thursday, February 22nd. CIBC raised their price target on Sienna Senior Living from C$12.50 to C$14.00 and gave the company a “neutral” rating in a research report on Thursday, February 22nd. Finally, Royal Bank of Canada upped their price objective on Sienna Senior Living from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Monday, February 26th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$14.00.

Sienna Senior Living Price Performance

The firm’s fifty day moving average is C$13.15 and its 200 day moving average is C$11.95. The company has a debt-to-equity ratio of 269.32, a quick ratio of 0.23 and a current ratio of 0.12. The company has a market capitalization of C$1.00 billion, a P/E ratio of 135.00 and a beta of 1.15.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, February 20th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$210.74 million during the quarter. Sienna Senior Living had a net margin of 0.90% and a return on equity of 1.74%.

Sienna Senior Living Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.078 per share. The ex-dividend date is Monday, April 29th. This represents a $0.94 annualized dividend and a yield of 6.82%. Sienna Senior Living’s payout ratio is 940.00%.

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.