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

Sienna Senior Living Inc. (TSE:SIAGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$22.12 and traded as high as C$23.03. Sienna Senior Living shares last traded at C$22.94, with a volume of 157,304 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SIA shares. TD boosted their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Scotia raised their price target on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a report on Thursday, May 7th. National Bank Financial lifted their price objective on Sienna Senior Living from C$24.50 to C$27.50 and gave the stock an “outperform” rating in a report on Monday, April 20th. ATB Cormark Capital Markets boosted their target price on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Canaccord Genuity Group raised their price objective on Sienna Senior Living from C$26.00 to C$27.50 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$26.09.

View Our Latest Analysis on SIA

Sienna Senior Living Stock Down 0.2%

The firm’s 50 day simple moving average is C$22.14 and its 200 day simple moving average is C$22.33. The company has a market cap of C$2.42 billion, a price-to-earnings ratio of 47.54 and a beta of 1.06. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 165.07.

Sienna Senior Living (TSE:SIAGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 earnings per share (EPS) for the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%.The business had revenue of C$275.41 million during the quarter. Sell-side analysts anticipate that Sienna Senior Living Inc. will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 14th will be given a dividend of $0.078 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, July 31st. Sienna Senior Living’s payout ratio is 195.00%.

Sienna Senior Living Company Profile

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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.

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