Sienna Senior Living (TSE:SIA) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$19.40 and traded as high as C$20.59. Sienna Senior Living shares last traded at C$20.52, with a volume of 231,204 shares traded.

Analysts Set New Price Targets

A number of research firms recently issued reports on SIA. Desjardins lifted their price objective on Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Cibc Captl Mkts upgraded Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Scotiabank increased their price objective on Sienna Senior Living from C$20.00 to C$22.50 in a report on Monday, November 17th. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and lifted their target price for the company from C$20.00 to C$23.00 in a research note on Tuesday, November 18th. Finally, Royal Bank Of Canada increased their price target 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 issued a Hold rating to the stock. According to data from MarketBeat, Sienna Senior Living presently has a consensus rating of “Buy” and an average price target of C$21.42.

Sienna Senior Living Stock Up 0.4%

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 business has a 50-day simple moving average of C$19.40 and a 200-day simple moving average of C$18.71. The stock has a market cap of C$1.93 billion, a P/E ratio of 46.64 and a beta of 0.94.

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

Sienna Senior Living Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 14th were issued a $0.078 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s dividend payout ratio (DPR) is 212.73%.

About Sienna Senior Living

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.