Extendicare Inc. (OTCMKTS:EXETF – Get Free Report) shares traded down 0.6% during mid-day trading on Wednesday . The company traded as low as $15.6550 and last traded at $15.80. 1,685 shares traded hands during trading, a decline of 87% from the average session volume of 13,140 shares. The stock had previously closed at $15.90.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. BMO Capital Markets upgraded Extendicare from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 4th. National Bankshares reiterated an “outperform” rating on shares of Extendicare in a report on Thursday, December 4th. CIBC began coverage on Extendicare in a research note on Monday, September 22nd. They issued an “outperform” rating for the company. Royal Bank Of Canada raised shares of Extendicare from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 4th. Finally, TD Securities reiterated a “hold” rating on shares of Extendicare in a research note on Friday, November 14th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on EXETF
Extendicare Stock Performance
Extendicare Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a dividend of $0.03 per share. This represents a yield of 244.0%. The ex-dividend date was Friday, November 28th. Extendicare’s dividend payout ratio (DPR) is -185.01%.
Extendicare Company Profile
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.
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