Extendicare (TSE:EXE) Hits New 12-Month High – What’s Next?

Posted by Suzanne Cooper on Feb 5th, 2025

Extendicare Inc. (TSE:EXE – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$10.93 and last traded at C$10.88, with a volume of 24619 shares changing hands. The stock had previously closed at C$10.54.

Analyst Ratings Changes

A number of research firms have recently issued reports on EXE. Royal Bank of Canada increased their price objective on shares of 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 boosted their price target on shares of Extendicare from C$9.50 to C$10.50 and gave the stock a “hold” rating in a report on Thursday, November 14th. Finally, BMO Capital Markets set a C$11.00 price target on Extendicare and gave the company a “market perform” rating in a research report on Thursday, January 30th.

Get Our Latest Report on Extendicare

Extendicare Trading Up 5.0 %

The stock has a 50-day moving average of C$10.36 and a two-hundred day moving average of C$9.27. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.98 and a current ratio of 0.60. The company has a market cap of C$924.01 million, a P/E ratio of 16.28 and a beta of 1.26.

Extendicare (TSE:EXE – Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.19 earnings per share for the quarter. Extendicare had a net margin of 4.28% and a return on equity of 60.00%. During the same quarter in the previous year, the business earned $0.13 earnings per share. On average, equities research analysts predict that Extendicare Inc. will post 0.6134729 earnings per share for the current year.

Extendicare Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 14th will be issued a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Friday, January 31st. Extendicare’s dividend payout ratio (DPR) is presently 70.59%.

Extendicare Company Profile

(Get Free Report)

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.