Sienna Senior Living (TSE:SIA) Shares Cross Above 50-Day Moving Average of $14.73

Shares of Sienna Senior Living Inc. (TSE:SIA) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$14.73 and traded as high as C$15.78. Sienna Senior Living shares last traded at C$15.78, with a volume of 192,949 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently commented on SIA shares. CIBC upped their price objective on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “negative” rating in a research report on Monday, May 13th. Desjardins upped their price objective on shares of Sienna Senior Living from C$15.50 to C$16.50 and gave the company a “buy” rating in a research report on Monday, May 13th. Scotiabank raised shares of Sienna Senior Living from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$14.50 to C$16.50 in a research report on Friday, May 10th. National Bank Financial raised shares of Sienna Senior Living to a “strong-buy” rating in a research report on Monday, July 22nd. Finally, Royal Bank of Canada upped their price objective on shares of Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Friday, May 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$16.14.

Sienna Senior Living Price Performance

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 stock has a market cap of C$1.15 billion, a price-to-earnings ratio of 40.44 and a beta of 1.15. The company’s 50-day moving average is C$14.79 and its 200-day moving average is C$13.77.

Sienna Senior Living (TSE:SIA) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.27 earnings per share (EPS) for the quarter. Sienna Senior Living had a net margin of 3.40% and a return on equity of 7.45%. The firm had revenue of C$230.95 million during the quarter. Equities research analysts expect that Sienna Senior Living Inc. will post 0.3264335 earnings per share for the current fiscal year.

Sienna Senior Living Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be given a $0.078 dividend. This represents a $0.94 annualized dividend and a yield of 5.94%. The ex-dividend date is Wednesday, July 31st. Sienna Senior Living’s dividend payout ratio (DPR) is presently 241.03%.

Sienna Senior Living Company Profile

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.