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

Shares of Extendicare Inc. (TSE:EXEGet Rating) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating. The average 1-year price objective among brokerages that have covered the stock in the last year is C$8.50.

A number of research analysts have issued reports on EXE shares. Royal Bank of Canada boosted their price objective on shares of 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. CIBC boosted their price objective on shares of Extendicare from C$8.25 to C$8.50 and gave the company a “neutral” rating in a research report on Monday, February 28th. Finally, TD Securities reissued a “hold” rating and set a C$8.00 price objective on shares of Extendicare in a research report on Monday, February 7th.

Shares of EXE stock opened at C$7.17 on Friday. Extendicare has a one year low of C$6.51 and a one year high of C$8.71. The firm has a 50-day moving average of C$7.66 and a 200-day moving average of C$7.40. The company has a debt-to-equity ratio of 527.44, a current ratio of 0.80 and a quick ratio of 0.68. The company has a market cap of C$642.16 million and a P/E ratio of 56.02.

Extendicare (TSE:EXEGet Rating) last released its quarterly earnings data on Thursday, February 24th. The company reported C($0.05) EPS for the quarter. The firm had revenue of C$319.37 million for the quarter. As a group, research analysts expect 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. Stockholders of record on Tuesday, May 31st will be given a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date is Monday, May 30th. Extendicare’s dividend payout ratio (DPR) is presently 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.

Further Reading

Analyst Recommendations for Extendicare (TSE:EXE)

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