Extendicare Inc. (TSE:EXE) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Extendicare Inc. (TSE:EXE - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the five ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$13.98.

Several equities analysts have recently issued reports on the stock. National Bankshares set a C$15.40 price target on shares of Extendicare and gave the company an "outperform" rating in a research note on Thursday. TD Securities raised their price target on shares of Extendicare from C$13.00 to C$15.00 and gave the stock a "hold" rating in a report on Thursday, May 22nd. National Bank Financial raised shares of Extendicare to a "strong-buy" rating in a research note on Wednesday, July 16th. Finally, BMO Capital Markets lifted their target price on shares of Extendicare from C$13.50 to C$14.50 in a research note on Monday, May 12th.

Extendicare Trading Up 0.5%

Shares of EXE stock traded up C$0.06 during trading hours on Friday, hitting C$12.97. 54,623 shares of the company's stock traded hands, compared to its average volume of 184,110. The stock's 50 day simple moving average is C$14.03 and its 200 day simple moving average is C$12.80. The stock has a market cap of C$1.08 billion, a PE ratio of 16.54 and a beta of 1.26. Extendicare has a 12 month low of C$7.34 and a 12 month high of C$15.24. The company has a quick ratio of 0.98, a current ratio of 0.62 and a debt-to-equity ratio of 283.02.

Extendicare Dividend Announcement

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