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 fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$15.73 and traded as high as C$16.28. Sienna Senior Living shares last traded at C$16.08, with a volume of 125,542 shares traded.

Wall Street Analyst Weigh In

SIA has been the subject of a number of recent research reports. Scotiabank increased their price target on shares of Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. Cormark upgraded shares of Sienna Senior Living to a “moderate buy” rating in a research note on Monday, October 28th. BMO Capital Markets set a C$17.00 price target on shares of Sienna Senior Living and gave the stock an “outperform” rating in a research note on Thursday, January 30th. CIBC raised their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note on Wednesday, November 13th. Finally, TD Securities raised their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Sienna Senior Living currently has an average rating of “Moderate Buy” and a consensus price target of C$17.86.

Sienna Senior Living Price Performance

The stock’s fifty day moving average price is C$15.73 and its 200-day moving average price is C$16.06. The company has a debt-to-equity ratio of 275.10, a quick ratio of 0.23 and a current ratio of 0.10. The firm has a market cap of C$1.33 billion, a PE ratio of 41.23 and a beta of 1.20.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Monday, November 11th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.25). Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. During the same quarter in the previous year, the company posted $0.26 earnings per share. As a group, equities analysts forecast that Sienna Senior Living Inc. will post 0.4595351 EPS for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.078 per share. The ex-dividend date is Friday, January 31st. This represents a $0.94 annualized dividend and a yield of 5.82%. Sienna Senior Living’s dividend payout ratio (DPR) is currently 241.03%.

About Sienna Senior Living

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.