Sienna Senior Living (TSE:SIA) Rating Increased to Strong-Buy at BMO Capital Markets

BMO Capital Markets upgraded shares of Sienna Senior Living (TSE:SIA) to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also recently commented on SIA. Cormark raised Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. Scotiabank raised their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. TD Securities lifted their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, CIBC raised their price target on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$18.00.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$15.57 on Tuesday. The stock has a market capitalization of C$1.29 billion, a P/E ratio of 39.92 and a beta of 1.20. The company’s fifty day moving average price is C$15.84 and its 200 day moving average price is C$16.02. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. Sienna Senior Living has a 1 year low of C$11.81 and a 1 year high of C$17.60.

Sienna Senior Living (TSE:SIA) last announced its earnings results on Monday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing the consensus estimate 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 last year, the business posted $0.26 earnings per share. As a group, equities research analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be issued a $0.078 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.94 annualized dividend and a yield of 6.01%. Sienna Senior Living’s payout ratio is 241.03%.

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.