Sienna Senior Living Inc. (TSE:SIA) Declares $0.08 Monthly Dividend

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.078 per share on Friday, February 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date is Friday, January 31st.

Sienna Senior Living Stock Up 1.0 %

Shares of SIA opened at C$15.47 on Wednesday. The business’s 50 day moving average is C$15.86 and its 200 day moving average is C$16.01. 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 has a 12-month low of C$11.81 and a 12-month high of C$17.60. The company has a market capitalization of C$1.28 billion, a PE ratio of 39.67 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Monday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.25). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. During the same quarter in the prior year, the company earned $0.26 earnings per share. Research analysts expect that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SIA shares. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Scotiabank upped their price target on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. CIBC lifted their price objective on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Finally, TD Securities lifted their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$18.00.

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.