Leede Financial Forecasts Stronger Earnings for Extendicare

Extendicare Inc. (TSE:EXE) – Research analysts at Leede Financial lifted their FY2025 earnings per share (EPS) estimates for Extendicare in a note issued to investors on Thursday, November 28th. Leede Financial analyst D. Loe now expects that the company will post earnings per share of $1.33 for the year, up from their prior forecast of $1.29. The consensus estimate for Extendicare’s current full-year earnings is $0.61 per share. Leede Financial also issued estimates for Extendicare’s FY2026 earnings at $1.45 EPS and FY2027 earnings at $1.54 EPS.

A number of other brokerages also recently issued reports on EXE. Royal Bank of Canada boosted their price target 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 target price on shares of Extendicare from C$9.50 to C$10.50 and gave the company a “hold” rating in a report on Thursday, November 14th.

Extendicare Stock Performance

Shares of EXE stock opened at C$10.72 on Monday. The stock has a market capitalization of C$894.80 million, a PE ratio of 15.76 and a beta of 1.26. The business’s 50 day simple moving average is C$9.58 and its 200 day simple moving average is C$8.40. The company has a debt-to-equity ratio of 305.80, a current ratio of 0.60 and a quick ratio of 0.98. Extendicare has a one year low of C$6.63 and a one year high of C$10.79.

Extendicare Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were paid a $0.04 dividend. The ex-dividend date was Thursday, October 31st. This represents a $0.48 annualized dividend and a dividend yield of 4.48%. 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.