Extendicare (EXE) to Release Earnings on Wednesday

Extendicare (TSE:EXE) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 15th.

Extendicare (TSE:EXE) last posted its quarterly earnings results on Thursday, March 7th. The company reported C$0.10 earnings per share (EPS) for the quarter. The firm had revenue of C$350.18 million during the quarter. Extendicare had a net margin of 2.60% and a return on equity of 36.03%.

Extendicare Trading Down 1.1 %

TSE EXE opened at C$7.43 on Wednesday. The stock has a market capitalization of C$617.88 million, a P/E ratio of 18.58 and a beta of 1.22. Extendicare has a 52-week low of C$5.75 and a 52-week high of C$7.90. The firm has a 50-day moving average price of C$7.33 and a 200 day moving average price of C$7.02. The company has a quick ratio of 0.98, a current ratio of 0.83 and a debt-to-equity ratio of 380.48.

Extendicare Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.04 per share. The ex-dividend date is Monday, April 29th. This represents a $0.48 annualized dividend and a yield of 6.46%. Extendicare’s dividend payout ratio is currently 120.00%.

Analysts Set New Price Targets

EXE has been the subject of several analyst reports. Leede Jones Gable increased their price target on shares of Extendicare from C$7.00 to C$8.50 and gave the stock a “buy” rating in a report on Monday, March 11th. TD Securities increased their price target on shares of Extendicare from C$7.00 to C$7.50 and gave the stock a “hold” rating in a report on Monday, March 11th. Finally, Royal Bank of Canada increased their target price on shares of Extendicare from C$7.50 to C$8.00 and gave the company a “sector perform” rating in a report on Monday, March 11th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$7.88.

Extendicare Company Profile

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