Extendicare Inc. (EXE) To Go Ex-Dividend on September 27th

Extendicare Inc. (TSE:EXE) announced a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.04 per share on Tuesday, October 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend is Friday, September 27th.

Extendicare Stock Up 0.5 %

Shares of TSE:EXE opened at C$9.36 on Wednesday. The stock’s 50-day moving average is C$8.27 and its 200 day moving average is C$7.70. The company has a market cap of C$781.28 million, a PE ratio of 13.76 and a beta of 1.26. The company has a debt-to-equity ratio of 305.80, a current ratio of 0.60 and a quick ratio of 0.98. Extendicare has a 1 year low of C$5.75 and a 1 year high of C$9.52.

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

Analyst Upgrades and Downgrades

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

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.