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

Shares of Extendicare Inc. (TSE:EXEGet Rating) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$8.50.

Several research firms recently issued reports on EXE. CIBC raised their price target on Extendicare from C$8.25 to C$8.50 and gave the company a “neutral” rating in a report on Monday, February 28th. TD Securities reaffirmed a “hold” rating and set a C$8.00 price target on shares of Extendicare in a research report on Monday, February 7th. Finally, Royal Bank of Canada raised their price target on Extendicare from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a research report on Thursday, March 3rd.

Shares of Extendicare stock opened at C$7.17 on Friday. The stock has a market capitalization of C$642.16 million and a P/E ratio of 56.02. The company has a quick ratio of 0.68, a current ratio of 0.80 and a debt-to-equity ratio of 527.44. The stock has a 50 day moving average price of C$7.66 and a two-hundred day moving average price of C$7.40. Extendicare has a 12-month low of C$6.51 and a 12-month high of C$8.71.

Extendicare (TSE:EXEGet Rating) last issued its quarterly earnings results on Thursday, February 24th. The company reported C($0.05) EPS for the quarter. The firm had revenue of C$319.37 million during the quarter. Sell-side analysts anticipate that Extendicare will post 0.34 earnings per share for the current year.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, June 15th. Investors of record on Tuesday, May 31st will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date of this dividend is Monday, May 30th. Extendicare’s 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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