BMO Capital Markets upgraded shares of Extendicare (TSE:EXE - Free Report) to a hold rating in a research note released on Tuesday,Zacks.com reports.
Several other brokerages have also issued reports on EXE. Royal Bank of Canada lifted their price target on Extendicare from C$9.50 to C$11.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 28th. TD Securities boosted their target price on Extendicare from C$9.50 to C$10.50 and gave the company a "hold" rating in a research note on Thursday, November 14th.
Get Our Latest Stock Analysis on Extendicare
Extendicare Price Performance
TSE:EXE traded up C$0.14 during trading hours on Tuesday, hitting C$10.49. 50,261 shares of the company's stock traded hands, compared to its average volume of 108,557. The firm has a market cap of C$875.60 million, a P/E ratio of 15.43 and a beta of 1.26. Extendicare has a 52 week low of C$6.63 and a 52 week high of C$10.89. The business's fifty day simple moving average is C$10.36 and its two-hundred day simple moving average is C$9.18. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80.
Extendicare (TSE:EXE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C$0.19 earnings per share (EPS) for the quarter. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. During the same quarter last year, the company earned $0.13 earnings per share. On average, research analysts anticipate that Extendicare will post 0.6134729 earnings per share for the current fiscal year.
Extendicare Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.48 dividend on an annualized basis and a yield of 4.58%. Extendicare's dividend payout ratio is presently 70.59%.
Extendicare Company Profile
(
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Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC") homes and one of the largest private-sector providers of publicly funded home health care services.
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