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

Sienna Senior Living Inc. (TSE:SIA)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$13.69 and last traded at C$13.57, with a volume of 62784 shares trading hands. The stock had previously closed at C$13.50.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SIA. Scotiabank boosted their price objective 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. Royal Bank of Canada boosted their price objective on Sienna Senior Living from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a report on Monday, February 26th. Finally, CIBC increased their price objective on Sienna Senior Living from C$12.50 to C$14.00 and gave the stock a “neutral” rating in a report on Thursday, February 22nd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Sienna Senior Living presently has a consensus rating of “Hold” and an average target price of C$14.00.

Sienna Senior Living Price Performance

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

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

Sienna Senior Living Announces Dividend

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

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.