Sienna Senior Living (TSE:SIA) Sets New 1-Year High – Here’s Why

Sienna Senior Living Inc. (TSE:SIA) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$22.25 and last traded at C$22.17, with a volume of 50634 shares traded. The stock had previously closed at C$21.81.

Analyst Ratings Changes

SIA has been the topic of several research analyst reports. Canaccord Genuity Group set a C$24.50 price target on Sienna Senior Living and gave the company a “buy” rating in a research report on Wednesday. Desjardins raised their target price on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. CIBC raised Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from C$20.00 to C$23.00 in a research report on Tuesday, November 18th. Cibc Captl Mkts raised Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada raised their price objective on shares of Sienna Senior Living from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research note on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Sienna Senior Living currently has an average rating of “Buy” and a consensus price target of C$22.67.

Sienna Senior Living Trading Up 1.7%

The business has a 50-day moving average price of C$20.92 and a 200-day moving average price of C$19.44. The company has a quick ratio of 0.23, a current ratio of 0.43 and a debt-to-equity ratio of 215.47. The firm has a market capitalization of C$2.09 billion, a P/E ratio of 50.43 and a beta of 0.91.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The firm had revenue of C$261.70 million for the quarter. Analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Company Profile

Sienna Senior Living Inc (TSX:SIA) offers a full range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees are passionate about cultivating happiness in daily life.