Sienna Senior Living (TSE:SIA) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Sienna Senior Living Inc. (TSE:SIA) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$22.39 and traded as low as C$20.74. Sienna Senior Living shares last traded at C$21.01, with a volume of 371,283 shares trading hands.

Wall Street Analyst Weigh In

SIA has been the subject of a number of research analyst reports. TD Securities lifted their price objective on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Canaccord Genuity Group lifted their price objective on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a report on Thursday, May 7th. BMO Capital Markets lifted their price objective on shares of Sienna Senior Living from C$22.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Desjardins lifted their price objective on shares of Sienna Senior Living from C$24.00 to C$26.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Finally, Scotiabank lifted their price objective on shares of Sienna Senior Living from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Sienna Senior Living has a consensus rating of “Buy” and an average price target of C$26.09.

Sienna Senior Living Stock Up 2.0%

The company has a current ratio of 0.60, a quick ratio of 0.23 and a debt-to-equity ratio of 165.07. The firm has a market cap of C$2.29 billion, a PE ratio of 44.96 and a beta of 1.10. The business’s 50-day simple moving average is C$22.37 and its 200 day simple moving average is C$21.90.

Sienna Senior Living (TSE:SIA) last posted its earnings results on Tuesday, May 5th. The company reported C$0.17 EPS for the quarter. The business had revenue of C$275.41 million for the quarter. Sienna Senior Living had a net margin of 4.34% and a return on equity of 6.44%. As a group, equities research analysts expect that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 15th will be given a $0.078 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. 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.