FY2022 Earnings Estimate for Extendicare Inc. (TSE:EXE) Issued By National Bank Financial

Extendicare Inc. (TSE:EXEGet Rating) – National Bank Financial decreased their FY2022 earnings per share estimates for Extendicare in a report released on Wednesday, November 16th. National Bank Financial analyst T. Woolley now expects that the company will post earnings of $0.24 per share for the year, down from their previous estimate of $0.28. The consensus estimate for Extendicare’s current full-year earnings is $0.33 per share.

EXE has been the subject of several other reports. TD Securities dropped their price target on Extendicare from C$7.50 to C$7.00 and set a “hold” rating for the company in a research report on Thursday, October 20th. Royal Bank of Canada dropped their target price on Extendicare from C$8.00 to C$7.50 and set a “sector perform” rating for the company in a report on Thursday. Finally, National Bankshares dropped their target price on Extendicare from C$8.00 to C$7.50 in a report on Monday, October 24th.

Extendicare Stock Down 0.8 %

Shares of EXE opened at C$6.59 on Friday. The company has a debt-to-equity ratio of 231.24, a quick ratio of 1.18 and a current ratio of 1.31. Extendicare has a one year low of C$6.47 and a one year high of C$8.00. The stock has a market capitalization of C$576.90 million and a price-to-earnings ratio of 82.38. The stock has a 50 day moving average price of C$6.88 and a 200 day moving average price of C$7.08.

Extendicare Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 15th were issued a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 7.28%. The ex-dividend date was Friday, October 28th. Extendicare’s payout ratio is currently 600.00%.

About Extendicare

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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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Earnings History and Estimates for Extendicare (TSE:EXE)

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