Extendicare (TSE:EXE) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Extendicare (TSE:EXE) to a hold rating in a report released on Tuesday,Zacks.com reports.

Several other brokerages also recently commented on EXE. Royal Bank of Canada lifted their price target on Extendicare from C$9.50 to C$11.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 28th. TD Securities upped their target price on shares of Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a research note on Thursday, November 14th.

Extendicare Trading Up 0.8 %

Shares of EXE stock opened at C$10.43 on Tuesday. Extendicare has a 12 month low of C$6.63 and a 12 month high of C$10.89. The company has a market cap of C$870.59 million, a PE ratio of 15.34 and a beta of 1.26. The company has a quick ratio of 0.98, a current ratio of 0.60 and a debt-to-equity ratio of 305.80. The business’s 50 day moving average is C$10.36 and its two-hundred day moving average is C$9.20.

Extendicare (TSE:EXE) last announced its earnings results on Tuesday, November 12th. The company reported C$0.19 EPS for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. During the same period in the prior year, the firm posted $0.13 EPS. Equities analysts predict that Extendicare will post 0.6134729 EPS for the current year.

Extendicare Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be given a $0.04 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.48 annualized dividend and a yield of 4.60%. Extendicare’s dividend payout ratio (DPR) is currently 70.59%.

About Extendicare

Extendicare Inc, operating solely in Canada, is the largest private-sector owner and operator of long-term care (LTC”) homes and one of the largest private-sector providers of publicly funded home health care services.