Sienna Senior Living (TSE:SIA) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$19.57 and traded as high as C$20.23. Sienna Senior Living shares last traded at C$19.94, with a volume of 249,791 shares traded.

Analysts Set New Price Targets

SIA has been the topic of several research analyst reports. Cibc Captl Mkts upgraded Sienna Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. CIBC upgraded shares of Sienna Senior Living from a “neutral” rating to an “outperform” rating and increased their price target for the stock from C$20.00 to C$23.00 in a report on Tuesday, November 18th. Royal Bank Of Canada raised 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 report on Monday, November 24th. Desjardins upped their price objective on shares of Sienna Senior Living from C$21.00 to C$23.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Scotiabank increased their price objective on shares of Sienna Senior Living from C$20.00 to C$22.50 in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$21.42.

Sienna Senior Living Stock Performance

The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The firm’s fifty day moving average price is C$19.59 and its two-hundred day moving average price is C$18.81. The stock has a market capitalization of C$1.88 billion, a PE ratio of 45.39 and a beta of 1.02.

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. The company had revenue of C$261.70 million for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. As a group, equities research analysts forecast that Sienna Senior Living Inc. will post 0.4595351 EPS for the current year.

Sienna Senior Living Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 14th were paid a $0.078 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s payout ratio is currently 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.