Extendicare (EXE) to Release Quarterly Earnings on Tuesday

Extendicare (TSE:EXE) will be releasing its earnings data after the market closes on Tuesday, November 12th.

Extendicare (TSE:EXE) last posted its quarterly earnings data on Monday, August 12th. The company reported C$0.29 EPS for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. The firm had revenue of C$348.48 million during the quarter, compared to analyst estimates of C$360.20 million.

Extendicare Price Performance

Shares of TSE EXE opened at C$9.12 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80. The company has a market capitalization of C$761.25 million, a PE ratio of 13.41 and a beta of 1.26. The stock’s 50 day moving average price is C$9.10 and its 200-day moving average price is C$8.03. Extendicare has a twelve month low of C$5.75 and a twelve month high of C$9.52.

Extendicare Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a yield of 5.26%. Extendicare’s dividend payout ratio (DPR) is presently 70.59%.

Wall Street Analyst Weigh In

EXE has been the topic of several research reports. Royal Bank of Canada lifted their price objective on shares of Extendicare from C$8.50 to C$9.50 in a research report on Monday, August 19th. TD Securities increased their price objective on Extendicare from C$9.00 to C$9.50 and gave the company a “hold” rating in a report on Wednesday, September 4th.

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.