Sienna Senior Living (TSE:SIA) Sets New 12-Month High – Here’s What Happened

Sienna Senior Living Inc. (TSE:SIA) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$24.07 and last traded at C$23.91, with a volume of 57106 shares. The stock had previously closed at C$23.69.

Wall Street Analyst Weigh In

SIA has been the topic of several analyst reports. Canaccord Genuity Group lifted their target price on shares of Sienna Senior Living from C$24.50 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce lifted their target price on shares of Sienna Senior Living from C$23.00 to C$26.00 in a research note on Monday, February 23rd. TD Securities lifted their target price on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Royal Bank Of Canada lifted their target price on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 26th. Finally, Scotiabank lifted their target price on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Sienna Senior Living currently has an average rating of “Buy” and an average target price of C$25.72.

Sienna Senior Living Trading Up 0.2%

The firm has a market cap of C$2.52 billion, a P/E ratio of 48.43 and a beta of 0.92. The firm’s fifty day moving average is C$22.81 and its two-hundred day moving average is C$21.43. The company has a quick ratio of 0.23, a current ratio of 0.51 and a debt-to-equity ratio of 198.59.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$278.45 million for the quarter. Sienna Senior Living had a net margin of 4.43% and a return on equity of 6.93%. Analysts predict that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be issued a $0.078 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) annualized dividend and a yield of 3.9%. Sienna Senior Living’s payout ratio is 191.02%.

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.