Sienna Senior Living (TSE:SIA) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Sienna Senior Living Inc. (TSE:SIA) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$18.76 and traded as high as C$19.74. Sienna Senior Living shares last traded at C$19.57, with a volume of 279,186 shares.

Analysts Set New Price Targets

Separately, Desjardins upped their price objective on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$19.40.

Sienna Senior Living Stock Up 1.5%

The company has a current ratio of 0.43, a quick ratio of 0.23 and a debt-to-equity ratio of 215.47. The business has a 50-day moving average price of C$18.76 and a 200-day moving average price of C$18.40. The stock has a market cap of C$1.81 billion, a PE ratio of 50.18 and a beta of 0.94.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.30 earnings per share for the quarter. Sienna Senior Living had a net margin of 3.57% and a return on equity of 7.71%. The firm had revenue of C$261.70 million during the quarter. As a group, analysts forecast 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 declared a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were issued a dividend of $0.078 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date was Friday, October 31st. Sienna Senior Living’s payout ratio is 240.00%.

Sienna Senior Living Company Profile

Sienna Senior Living Inc is one of the largest owners of seniors’ housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.