Extendicare FY2024 EPS Estimate Increased by Leede Financial

Extendicare Inc. (TSE:EXEFree Report) – Analysts at Leede Financial increased their FY2024 earnings estimates for shares of Extendicare in a research report issued to clients and investors on Wednesday, November 13th. Leede Financial analyst D. Loe now anticipates that the company will earn $1.03 per share for the year, up from their previous forecast of $0.89. The consensus estimate for Extendicare’s current full-year earnings is $0.61 per share. Leede Financial also issued estimates for Extendicare’s FY2027 earnings at $1.49 EPS.

Other research analysts also recently issued reports about the company. Royal Bank of Canada upped their target price on Extendicare from C$8.50 to C$9.50 in a research note on Monday, August 19th. TD Securities boosted their price target on shares of Extendicare from C$9.50 to C$10.50 and gave the stock a “hold” rating in a report on Thursday.

View Our Latest Stock Report on Extendicare

Extendicare Stock Performance

TSE EXE opened at C$10.14 on Friday. 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 has a twelve month low of C$6.41 and a twelve month high of C$10.43. The stock has a 50-day moving average of C$9.27 and a 200 day moving average of C$8.15. The stock has a market capitalization of C$846.39 million, a price-to-earnings ratio of 14.91 and a beta of 1.26.

Extendicare Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.04 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.73%. Extendicare’s payout ratio is currently 70.59%.

Extendicare Company Profile

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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.

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