Extendicare Inc. (EXE) To Go Ex-Dividend on April 29th

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Monday, April 15th, TickerTech reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.04 per share on Wednesday, May 15th. This represents a $0.48 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Monday, April 29th.

Extendicare Stock Up 0.6 %

Shares of EXE stock traded up C$0.04 during trading on Wednesday, reaching C$7.31. The company’s stock had a trading volume of 13,982 shares, compared to its average volume of 121,934. Extendicare has a 1-year low of C$5.75 and a 1-year high of C$7.90. The stock’s 50-day moving average price is C$7.20 and its 200 day moving average price is C$6.89. The company has a market capitalization of C$607.90 million, a price-to-earnings ratio of 18.18 and a beta of 1.22. The company has a debt-to-equity ratio of 380.48, a current ratio of 0.83 and a quick ratio of 0.98.

Extendicare (TSE:EXE) last announced its quarterly earnings data on Thursday, March 7th. The company reported C$0.10 earnings per share (EPS) for the quarter. Extendicare had a return on equity of 36.03% and a net margin of 2.60%. On average, research analysts anticipate that Extendicare will post 0.3856691 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.