Sienna Senior Living Inc. (TSE:SIA) Plans $0.08 Monthly Dividend

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Tuesday, October 15th, TickerTech reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.078 per share on Friday, November 15th. This represents a $0.94 annualized dividend and a yield of 5.42%. The ex-dividend date is Thursday, October 31st.

Sienna Senior Living Price Performance

Shares of TSE SIA opened at C$17.26 on Wednesday. The stock has a fifty day simple moving average of C$16.39 and a two-hundred day simple moving average of C$15.09. Sienna Senior Living has a 1-year low of C$9.87 and a 1-year high of C$17.60. The firm has a market cap of C$1.43 billion, a price-to-earnings ratio of 44.26 and a beta of 1.20. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.31 by C($0.23). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. The firm had revenue of C$210.52 million for the quarter. Analysts anticipate that Sienna Senior Living will post 0.4595351 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SIA shares. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a research report on Monday. National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, August 29th. Royal Bank of Canada increased their price objective on Sienna Senior Living from C$16.00 to C$17.00 in a research report on Thursday, August 29th. Desjardins increased their price objective on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. Finally, TD Securities increased their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$17.58.

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.