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

Shares of Sienna Senior Living Inc. (TSE:SIA) passed above its 50-day moving average during trading on Thursday . The stock has a 50-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.

Wall Street Analysts Forecast Growth

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

Sienna Senior Living Price Performance

The stock has a market cap of C$1.32 billion, a price-to-earnings ratio of 41.08 and a beta of 1.20. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10. The company’s 50-day moving average is C$15.70 and its 200-day moving average is C$16.06.

Sienna Senior Living (TSE:SIA) last announced its quarterly earnings results on Monday, November 11th. The company reported C$0.06 earnings per share 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 period in the prior year, the firm earned $0.26 earnings per share. Equities research analysts expect that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a dividend yield of 5.84%. The ex-dividend date is Friday, January 31st. Sienna Senior Living’s payout ratio is 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.