Extendicare Inc. (TSE:EXE – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.99 and traded as high as C$9.24. Extendicare shares last traded at C$9.20, with a volume of 66,983 shares traded.
Analysts Set New Price Targets
A number of equities analysts have commented on EXE shares. TD Securities lifted their target price on Extendicare from C$9.00 to C$9.50 and gave the company a “hold” rating in a research note on Wednesday, September 4th. Royal Bank of Canada upped their price objective on Extendicare from C$8.50 to C$9.50 in a research note on Monday, August 19th.
Get Our Latest Report on Extendicare
Extendicare Trading Down 1.5 %
Extendicare (TSE:EXE – Get Free Report) last posted its earnings results on Monday, August 12th. The company reported C$0.29 EPS for the quarter. The firm had revenue of C$348.48 million for the quarter, compared to analysts’ expectations of C$360.20 million. Extendicare had a return on equity of 60.00% and a net margin of 4.28%. As a group, equities research analysts anticipate that Extendicare Inc. will post 0.6134729 earnings per share for the current year.
Extendicare Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend is Thursday, October 31st. Extendicare’s dividend payout ratio is currently 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.
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