Sienna Senior Living (TSE:SIA) Share Price Passes Above 50 Day Moving Average of $13.15

Sienna Senior Living Inc. (TSE:SIA) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$13.15 and traded as high as C$13.58. Sienna Senior Living shares last traded at C$13.50, with a volume of 185,030 shares trading hands.

Analysts Set New Price Targets

SIA has been the subject of a number of recent research reports. TD Securities lifted their price target on shares of Sienna Senior Living from C$14.00 to C$14.50 and gave the company a “buy” rating in a research report on Thursday, February 22nd. Scotiabank lifted their price target on shares of Sienna Senior Living from C$13.50 to C$14.50 and gave the company a “sector perform” rating in a research report on Thursday, February 22nd. CIBC lifted their price target on shares of Sienna Senior Living from C$12.50 to C$14.00 and gave the company a “neutral” rating in a research report on Thursday, February 22nd. Finally, Royal Bank of Canada lifted their price target on shares of Sienna Senior Living from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Monday, February 26th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$14.00.

Sienna Senior Living Stock Performance

The firm has a market capitalization of C$985.10 million, a P/E ratio of 135.00 and a beta of 1.15. The company has a current ratio of 0.12, a quick ratio of 0.23 and a debt-to-equity ratio of 269.32. The business’s 50 day simple moving average is C$13.15 and its two-hundred day simple moving average is C$11.95.

Sienna Senior Living (TSE:SIA) last released its quarterly earnings data on Tuesday, February 20th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$210.74 million during the quarter. Sienna Senior Living had a net margin of 0.90% and a return on equity of 1.74%.

Sienna Senior Living Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.078 dividend. The ex-dividend date is Monday, April 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.93%. Sienna Senior Living’s dividend payout ratio is presently 940.00%.

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.