Extendicare (EXE) to Release Quarterly Earnings on Tuesday

Extendicare (TSE:EXE) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th.

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

Extendicare Stock Performance

Shares of EXE stock opened at C$9.12 on Tuesday. The business’s 50-day moving average price is C$9.10 and its 200-day moving average price is C$8.03. The firm has a market capitalization of C$761.25 million, a price-to-earnings ratio of 13.41 and a beta of 1.26. Extendicare has a 12 month low of C$5.75 and a 12 month high of C$9.52. The company has a current ratio of 0.60, a quick ratio of 0.98 and a debt-to-equity ratio of 305.80.

Extendicare Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.26%. The ex-dividend date is Thursday, October 31st. Extendicare’s payout ratio is currently 70.59%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EXE shares. Royal Bank of Canada raised their target price on 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 stock a “hold” rating in a research note 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.