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

Sienna Senior Living Inc. (TSE:SIA)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$22.11 and traded as high as C$23.02. Sienna Senior Living shares last traded at C$22.91, with a volume of 204,653 shares.

Wall Street Analysts Forecast Growth

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

Sienna Senior Living Stock Up 0.7%

The stock has a 50 day moving average price of C$22.11 and a 200 day moving average price of C$22.21. The stock has a market capitalization of C$2.43 billion, a price-to-earnings ratio of 47.73 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:SIA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported C$0.17 earnings per share for the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. The company had revenue of C$275.41 million for the quarter. As a group, 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 announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th will be issued a $0.078 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, June 30th. Sienna Senior Living’s payout ratio is presently 195.00%.

Sienna Senior Living Company Profile

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.