Sienna Senior Living (TSE:SIA) Hits New 52-Week High at $16.53

Sienna Senior Living Inc. (TSE:SIA) shares reached a new 52-week high on Tuesday . The stock traded as high as C$16.53 and last traded at C$16.53, with a volume of 81735 shares traded. The stock had previously closed at C$16.41.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SIA shares. Desjardins raised their target price 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. Royal Bank of Canada increased their target price on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. National Bank Financial raised shares of Sienna Senior Living to a “strong-buy” rating in a report on Monday, July 22nd. TD Securities upped their price target on shares of Sienna Senior Living from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. Finally, National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, August 29th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Sienna Senior Living has an average rating of “Moderate Buy” and an average price target of C$17.42.

Sienna Senior Living Price Performance

The business has a fifty day moving average price of C$15.23 and a 200 day moving average price of C$14.27. The company has a debt-to-equity ratio of 275.10, a current ratio of 0.10 and a quick ratio of 0.23. The company has a market capitalization of C$1.38 billion, a price-to-earnings ratio of 42.05 and a beta of 1.19.

Sienna Senior Living (TSE:SIA) last released its earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.31 by C($0.23). The company had revenue of C$210.52 million for the quarter. Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. On average, research analysts expect that Sienna Senior Living Inc. will post 0.360486 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, September 13th will be given a $0.078 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.94 dividend on an annualized basis and a yield of 5.62%. Sienna Senior Living’s dividend payout ratio (DPR) is 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.