Sienna Senior Living (TSE:SIA) Reaches New 12-Month High at $15.96

Sienna Senior Living Inc. (TSE:SIA)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$15.96 and last traded at C$15.95, with a volume of 58292 shares trading hands. The stock had previously closed at C$15.70.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Royal Bank of Canada increased their price target on shares of Sienna Senior Living from C$16.00 to C$17.00 in a report on Thursday, August 29th. National Bankshares set a C$17.50 price target on Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. TD Securities boosted their price objective on Sienna Senior Living from C$17.00 to C$18.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Desjardins boosted 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 report on Monday, August 12th. Finally, Scotiabank boosted their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Two investment 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$17.42.

Sienna Senior Living Stock Performance

The company has a market cap of C$1.34 billion, a PE ratio of 41.15 and a beta of 1.19. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm’s 50 day moving average is C$15.11 and its 200-day moving average is C$14.18.

Sienna Senior Living (TSE:SIA) last posted 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). The business had revenue of C$210.52 million for the quarter. Sienna Senior Living had a return on equity of 7.45% and a net margin of 3.40%. On average, research analysts anticipate that Sienna Senior Living Inc. will post 0.360486 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, September 13th will be issued a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.79%. The ex-dividend date is Friday, August 30th. Sienna Senior Living’s dividend payout ratio (DPR) is presently 241.03%.

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.