Sienna Senior Living Inc. (SIA) to Issue Monthly Dividend of $0.08 on July 15th

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, June 14th, Zacks reports. Investors of record on Friday, June 28th will be given a dividend of 0.078 per share on Monday, July 15th. This represents a $0.94 annualized dividend and a yield of 6.59%. The ex-dividend date of this dividend is Friday, June 28th.

Sienna Senior Living Trading Down 1.5 %

TSE:SIA opened at C$14.20 on Wednesday. Sienna Senior Living has a 1 year low of C$9.87 and a 1 year high of C$15.30. The stock’s fifty day moving average price is C$14.17 and its two-hundred day moving average price is C$13.00. The company has a debt-to-equity ratio of 267.80, a current ratio of 0.11 and a quick ratio of 0.23. The company has a market cap of C$1.04 billion, a P/E ratio of 38.38 and a beta of 1.15.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Thursday, May 9th. The company reported C$0.27 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 6.83% and a net margin of 3.29%. The business had revenue of C$230.95 million for the quarter. As a group, analysts expect that Sienna Senior Living will post 0.329883 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SIA. CIBC increased their price target on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “negative” rating in a report on Monday, May 13th. Desjardins increased their target price on shares of Sienna Senior Living from C$15.50 to C$16.50 and gave the stock a “buy” rating in a research note on Monday, May 13th. TD Securities boosted their price target on shares of Sienna Senior Living from C$15.00 to C$17.00 and gave the company a “buy” rating in a research report on Tuesday, May 14th. Scotiabank upgraded Sienna Senior Living from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$14.50 to C$16.50 in a research report on Friday, May 10th. Finally, Royal Bank of Canada boosted their target price on Sienna Senior Living from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$15.57.

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.