Sienna Senior Living (TSE:SIA) Director Purchases C$49,900.00 in Stock

Sienna Senior Living Inc. (TSE:SIA) Director Brian Johnston purchased 2,500 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of C$19.96 per share, for a total transaction of C$49,900.00. Following the purchase, the director owned 29,037 shares in the company, valued at C$579,578.52. The trade was a 9.42% increase in their ownership of the stock.

Sienna Senior Living Stock Up 1.0%

Sienna Senior Living stock opened at C$20.31 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.23 and a debt-to-equity ratio of 148.98. Sienna Senior Living Inc. has a 1-year low of C$17.97 and a 1-year high of C$24.07. The firm’s fifty day simple moving average is C$21.68 and its 200-day simple moving average is C$22.15. The company has a market capitalization of C$2.25 billion, a P/E ratio of 38.32 and a beta of 1.04.

Sienna Senior Living (TSE:SIA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.11 earnings per share (EPS) for the quarter. Sienna Senior Living had a net margin of 4.83% and a return on equity of 6.58%. The firm had revenue of C$277.08 million during the quarter. Sell-side analysts forecast 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 disclosed a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 14th were issued a dividend of $0.078 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. Sienna Senior Living’s dividend payout ratio is currently 176.60%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SIA shares. ATB Cormark Capital Markets increased their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. National Bank Financial boosted their price objective on shares of Sienna Senior Living from C$27.50 to C$28.50 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. TD upped their price objective on shares of Sienna Senior Living from C$27.00 to C$28.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Royal Bank Of Canada upgraded shares of Sienna Senior Living from a “hold” rating to a “moderate buy” rating and raised their target price for the company from C$25.00 to C$26.00 in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat.com, Sienna Senior Living presently has a consensus rating of “Buy” and a consensus price target of C$26.45.

About Sienna Senior Living

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.