Leede Financial Forecasts Increased Earnings for Extendicare

Extendicare Inc. (TSE:EXE) – Research analysts at Leede Financial boosted their FY2025 earnings per share (EPS) estimates for shares of Extendicare in a research note issued to investors on Thursday, November 28th. Leede Financial analyst D. Loe now expects that the company will post earnings of $1.33 per share for the year, up from their prior forecast of $1.29. The consensus estimate for Extendicare’s current full-year earnings is $0.61 per share. Leede Financial also issued estimates for Extendicare’s FY2026 earnings at $1.45 EPS and FY2027 earnings at $1.54 EPS.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada lifted their price target on shares of Extendicare from C$9.50 to C$11.00 and gave the company a “sector perform” rating in a research report on Thursday. TD Securities lifted their price objective on shares of Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a report on Thursday, November 14th.

Extendicare Trading Up 0.4 %

Shares of Extendicare stock opened at C$10.62 on Monday. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60. Extendicare has a 52 week low of C$6.63 and a 52 week high of C$10.68. The stock has a 50 day moving average price of C$9.53 and a two-hundred day moving average price of C$8.35. The stock has a market capitalization of C$886.45 million, a PE ratio of 15.62 and a beta of 1.26.

Extendicare Announces Dividend

The company also recently disclosed 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. This represents a $0.48 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Thursday, October 31st. Extendicare’s dividend payout ratio is 70.59%.

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.