Extendicare (TSE:EXE) had its price target increased by Laurentian Bank of Canada to C$8.25 in a research note issued to investors on Tuesday, Stock Target Advisor reports. They currently have a hold rating on the stock.
Other research analysts have also recently issued research reports about the stock. National Bankshares boosted their price target 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 Monday. Laurentian boosted their price target on shares of Extendicare from C$7.00 to C$8.25 in a research report on Tuesday. National Bank Financial boosted their price target on shares of Extendicare to C$8.50 and gave the company a na rating in a research report on Monday. TD Securities boosted their price target on shares of Extendicare from C$7.00 to C$8.00 and gave the company a hold rating in a research report on Friday, May 14th. Finally, Leede Jones Gab reissued a buy rating on shares of Extendicare in a research report on Monday, March 1st. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of C$7.96.
Shares of EXE opened at C$7.99 on Tuesday. Extendicare has a 52-week low of C$5.06 and a 52-week high of C$8.13. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 442.45. The firm’s fifty day moving average is C$7.78 and its two-hundred day moving average is C$6.83. The stock has a market cap of C$715.60 million and a PE ratio of 13.34.
Extendicare (TSE:EXE) last announced its quarterly earnings results on Thursday, February 25th. The company reported C$0.17 earnings per share for the quarter. The firm had revenue of C$307.74 million for the quarter. As a group, research analysts anticipate that Extendicare will post 0.36 earnings per share for the current year.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 15th. Investors of record on Monday, May 31st will be issued a $0.04 dividend. The ex-dividend date is Friday, May 28th. This represents a $0.48 annualized dividend and a yield of 6.01%. Extendicare’s dividend payout ratio (DPR) is currently 80.13%.
About Extendicare
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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