Extendicare Inc. (TSE:EXE) Given Average Rating of “Hold” by Analysts

Extendicare Inc. (TSE:EXEGet Rating) has earned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating. The average 12 month price target among analysts that have covered the stock in the last year is C$8.50.

EXE has been the subject of a number of recent analyst reports. Royal Bank of Canada increased their price target on Extendicare from C$8.00 to C$8.50 and gave the company a “sector perform” rating in a research report on Thursday, March 3rd. TD Securities reaffirmed a “hold” rating and issued a C$8.00 price target on shares of Extendicare in a research report on Monday, February 7th. Finally, CIBC boosted their price target on Extendicare from C$8.25 to C$8.50 and gave the company a “neutral” rating in a research note on Monday, February 28th.

Shares of TSE:EXE opened at C$7.17 on Friday. The firm has a market cap of C$642.16 million and a price-to-earnings ratio of 56.02. Extendicare has a 12-month low of C$6.51 and a 12-month high of C$8.71. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 527.44. The stock’s 50-day moving average price is C$7.66 and its two-hundred day moving average price is C$7.40.

Extendicare (TSE:EXEGet Rating) last announced its quarterly earnings data on Thursday, February 24th. The company reported C($0.05) earnings per share (EPS) for the quarter. The company had revenue of C$319.37 million during the quarter. As a group, research analysts forecast that Extendicare will post 0.34 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st will be paid a $0.04 dividend. The ex-dividend date of this dividend is Monday, May 30th. This represents a $0.48 annualized dividend and a yield of 6.69%. Extendicare’s dividend payout ratio is 375.00%.

Extendicare Company Profile (Get Rating)

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as contract and consulting services to third parties.

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Analyst Recommendations for Extendicare (TSE:EXE)

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