Extendicare Inc. (TSE:EXE – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.32 and traded as high as C$14.18. Extendicare shares last traded at C$14.06, with a volume of 184,988 shares.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on EXE. BMO Capital Markets lifted their price target on shares of Extendicare from C$13.50 to C$14.50 in a report on Monday, May 12th. TD Securities boosted 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.
Read Our Latest Stock Report on Extendicare
Extendicare Stock Up 0.1%
Extendicare Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.042 per share. This represents a $0.50 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Monday, June 30th. Extendicare’s payout ratio is currently 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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