Extendicare Inc. (TSE:EXE – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.98 and traded as high as C$7.36. Extendicare shares last traded at C$7.32, with a volume of 88,574 shares changing hands.
Wall Street Analysts Forecast Growth
EXE has been the topic of several research analyst reports. Royal Bank of Canada increased their price target on shares of Extendicare from C$7.50 to C$8.00 and gave the company a “sector perform” rating in a research note on Monday, March 11th. TD Securities raised their price objective on shares of Extendicare from C$7.00 to C$7.50 and gave the company a “hold” rating in a research note on Monday, March 11th. Finally, Leede Jones Gable raised their price objective on shares of Extendicare from C$7.00 to C$8.50 and gave the company a “buy” rating in a research note on Monday, March 11th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Extendicare currently has a consensus rating of “Hold” and a consensus price target of C$7.88.
Check Out Our Latest Research Report on Extendicare
Extendicare Trading Up 1.0 %
Extendicare (TSE:EXE – Get Free Report) last announced its quarterly earnings results on Thursday, March 7th. The company reported C$0.10 earnings per share for the quarter. The company had revenue of C$350.18 million for the quarter. Extendicare had a net margin of 2.60% and a return on equity of 36.03%. As a group, analysts forecast that Extendicare Inc. will post 0.3856691 EPS for the current year.
Extendicare Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.56%. Extendicare’s dividend payout ratio is 120.00%.
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.
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