Extendicare (EXE) to Release Earnings on Wednesday

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

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

Extendicare Stock Performance

TSE:EXE opened at C$7.43 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 0.83 and a debt-to-equity ratio of 380.48. The stock has a market cap of C$617.88 million, a P/E ratio of 18.58 and a beta of 1.22. The business’s 50-day moving average price is C$7.33 and its two-hundred day moving average price is C$7.02. Extendicare has a twelve month low of C$5.75 and a twelve month high of C$7.90.

Extendicare Dividend Announcement

The company also recently disclosed 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 is Monday, April 29th. This represents a $0.48 annualized dividend and a dividend yield of 6.46%. Extendicare’s dividend payout ratio (DPR) is presently 120.00%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EXE shares. Leede Jones Gable increased their price objective on Extendicare from C$7.00 to C$8.50 and gave the company a “buy” rating in a research report on Monday, March 11th. TD Securities raised their price target on Extendicare from C$7.00 to C$7.50 and gave the stock a “hold” rating in a research report on Monday, March 11th. Finally, Royal Bank of Canada raised their price target on Extendicare from C$7.50 to C$8.00 and gave the stock a “sector perform” rating in a research report on Monday, March 11th. Three equities research 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.com, the stock presently has an average rating of “Hold” and an average price target of C$7.88.

About Extendicare

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.