Extendicare Inc. (TSE:EXE - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$10.93 and last traded at C$10.88, with a volume of 24619 shares. The stock had previously closed at C$10.54.
Analyst Upgrades and Downgrades
EXE has been the topic of several research reports. TD Securities raised their price target on shares of Extendicare from C$9.50 to C$10.50 and gave the stock a "hold" rating in a research note on Thursday, November 14th. BMO Capital Markets set a C$11.00 target price on shares of Extendicare and gave the stock a "market perform" rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada upped their price target on Extendicare from C$9.50 to C$11.00 and gave the company a "sector perform" rating in a research report on Thursday, November 28th.
Read Our Latest Research Report on EXE
Extendicare Price Performance
The firm has a market cap of C$930.69 million, a price-to-earnings ratio of 16.40 and a beta of 1.26. The company has a current ratio of 0.60, a quick ratio of 0.98 and a debt-to-equity ratio of 305.80. The stock's fifty day moving average price is C$10.40 and its 200-day moving average price is C$9.34.
Extendicare (TSE:EXE - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported C$0.19 EPS for the quarter. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. During the same period in the prior year, the company earned $0.13 EPS. As a group, equities research analysts forecast that Extendicare Inc. will post 0.6134729 earnings per share for the current fiscal year.
Extendicare Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be given 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 dividend yield of 4.30%. Extendicare's payout ratio is currently 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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