Sienna Senior Living (TSE:SIA) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Sienna Senior Living Inc. (TSE:SIA) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Analyst Ratings Changes

A number of analysts have weighed in on SIA shares. National Bank Financial increased their price objective 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. Canaccord Genuity Group lifted their price target on shares of Sienna Senior Living from C$26.00 to C$27.50 and gave the company a “buy” rating in a research report on Thursday, May 7th. ATB Cormark Capital Markets increased their price objective on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. TD raised their price target on Sienna Senior Living from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Scotia upped their price objective on shares of Sienna Senior Living from C$25.00 to C$26.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$26.09.

Sienna Senior Living Trading Up 0.4%

The stock has a market capitalization of C$2.45 billion, a PE ratio of 48.02 and a beta of 1.06. 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 business’s 50-day moving average is C$22.09 and its two-hundred day moving average is C$22.22.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Tuesday, May 5th. The company reported C$0.17 earnings per share for the quarter. The firm had revenue of C$275.41 million during the quarter. Sienna Senior Living had a return on equity of 6.44% and a net margin of 4.34%. On average, analysts predict that Sienna Senior Living Inc. will post 0.4595351 earnings per share for the current year.

Sienna Senior Living Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, August 14th will be issued a $0.078 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.1%. Sienna Senior Living’s dividend payout ratio is currently 195.00%.

About Sienna Senior Living

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.