Extendicare Inc. (TSE:EXE) Given Consensus Rating of "Hold" by Brokerages

Shares of Extendicare Inc. (TSE:EXE - Get Free Report) have received a consensus rating of "Hold" from the four ratings firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$13.98.

Several research analysts have weighed in on the stock. National Bank Financial raised shares of Extendicare to a "strong-buy" rating in a report on Wednesday. BMO Capital Markets boosted their price target on shares of Extendicare from C$13.50 to C$14.50 in a research report on Monday, May 12th. National Bankshares set a C$15.40 target price on shares of Extendicare and gave the stock an "outperform" rating in a report on Thursday. Finally, TD Securities lifted their target price on shares of Extendicare from C$13.00 to C$15.00 and gave the stock a "hold" rating in a research report on Thursday, May 22nd.

Extendicare Price Performance

Shares of EXE stock traded down C$0.18 during trading hours on Friday, hitting C$13.05. The company's stock had a trading volume of 85,155 shares, compared to its average volume of 184,132. The business has a fifty day moving average of C$14.06 and a 200-day moving average of C$12.75. The stock has a market cap of C$1.09 billion, a price-to-earnings ratio of 16.64 and a beta of 1.26. Extendicare has a twelve month low of C$7.34 and a twelve month high of C$15.24. The company has a current ratio of 0.62, a quick ratio of 0.98 and a debt-to-equity ratio of 283.02.

Extendicare Announces Dividend

The firm also recently announced a jul 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be given a dividend of $0.042 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a yield of 3.81%. Extendicare's payout ratio is presently 61.20%.

Extendicare Company Profile

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.

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