Medical Facilities Co. (TSE:DR – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as C$14.33 and last traded at C$14.08, with a volume of 39994 shares traded. The stock had previously closed at C$13.88.
Analysts Set New Price Targets
Separately, Leede Jones Gab upgraded shares of Medical Facilities from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.
Check Out Our Latest Stock Analysis on DR
Medical Facilities Trading Up 1.4 %
Medical Facilities (TSE:DR – Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported C$0.09 EPS for the quarter. Medical Facilities had a net margin of 3.57% and a return on equity of 38.26%. The company had revenue of C$145.95 million for the quarter, compared to analyst estimates of C$133.28 million. As a group, analysts expect that Medical Facilities Co. will post 1.4764268 earnings per share for the current fiscal year.
Medical Facilities Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.56%. This is a boost from Medical Facilities’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, June 28th. Medical Facilities’s dividend payout ratio (DPR) is presently 41.86%.
Medical Facilities Company Profile
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company's specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
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