Extendicare (TSX:EXE) - Stock Price, News & Analysis

EXE Stock Overview

Through its subsidiaries, provides care and services for seniors in Canada.

EXE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 42.5% below our estimate of its fair value

Earnings grew by 1073.9% over the past year

Risk Analysis

Dividend of 6.1% is not well covered by earnings or cash flows

Has a high level of debt

Extendicare Inc. Competitors

Sienna Senior Living

TSX:SIA

CA$1.1b

Medical Facilities

TSX:DR

CA$289.4m

Viemed Healthcare

TSX:VMD

CA$311.8m

Andlauer Healthcare Group

TSX:AND

CA$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Extendicare
Historical stock prices
Current Share Price	CA$7.87
52 Week High	CA$8.04
52 Week Low	CA$5.75
Beta	1.23
1 Month Change	7.37%
3 Month Change	16.08%
1 Year Change	9.00%
3 Year Change	-4.14%
5 Year Change	-3.44%
Change since IPO	499.62%

Recent updates

There May Be Underlying Issues With The Quality Of Extendicare's (TSE:EXE) Earnings

Mar 16

Shareholder Returns

	EXE	CA Healthcare	CA Market
7D	1.9%	-0.09%	1.2%
1Y	9.0%	7.8%	11.8%

Return vs Industry: EXE exceeded the Canadian Healthcare industry which returned 7.8% over the past year.

Return vs Market: EXE underperformed the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is EXE's price volatile compared to industry and market?
EXE volatility
EXE Average Weekly Movement	4.1%
Healthcare Industry Average Movement	5.9%
Market Average Movement	8.9%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: EXE has not had significant price volatility in the past 3 months.

Volatility Over Time: EXE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	n/a	Michael Guerriere	www.extendicare.com

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. It operates through the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands.

Extendicare Inc. Fundamentals Summary

How do Extendicare's earnings and revenue compare to its market cap?
EXE fundamental statistics
Market cap	CA$652.89m
Earnings (TTM)	CA$35.50m
Revenue (TTM)	CA$1.35b

18.5x

P/E Ratio

0.5x

P/S Ratio

Is EXE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXE income statement (TTM)
Revenue	CA$1.35b
Cost of Revenue	CA$1.18b
Gross Profit	CA$167.80m
Other Expenses	CA$132.30m
Earnings	CA$35.50m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.43
Gross Margin	12.45%
Net Profit Margin	2.63%
Debt/Equity Ratio	365.7%

How did EXE perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

115%

Payout Ratio

Does EXE pay a reliable dividends?

See EXE dividend history and benchmarks

When do you need to buy EXE by to receive an upcoming dividend?
Extendicare dividend dates
Ex Dividend Date	May 31 2024
Dividend Pay Date	Jun 17 2024
Days until Ex dividend	8 days
Days until Dividend pay date	25 days

Does EXE pay a reliable dividends?

See EXE dividend history and benchmarks

EXE Stock Overview

Rewards

Risk Analysis

Extendicare Inc. Competitors

TSX:SIA

CA$1.1b

TSX:DR

CA$289.4m

TSX:VMD

CA$311.8m

TSX:AND

CA$1.6b

Price History & Performance

Recent News & Updates

Dividend of CA$0.04 announced

First quarter 2024 earnings released: EPS: CA$0.16 (vs CA$0.14 in 1Q 2023)

Extendicare Inc. Declares Cash Dividend for the Month of May 2024, Payable on June 17, 2024

Upcoming dividend of CA$0.04 per share

Extendicare Inc., Annual General Meeting, May 23, 2024

Dividend of CA$0.04 announced

Recent updates

Dividend of CA$0.04 announced

First quarter 2024 earnings released: EPS: CA$0.16 (vs CA$0.14 in 1Q 2023)

Extendicare Inc. Declares Cash Dividend for the Month of May 2024, Payable on June 17, 2024

Upcoming dividend of CA$0.04 per share

Extendicare Inc., Annual General Meeting, May 23, 2024

Dividend of CA$0.04 announced

Extendicare Inc. Declares Cash Dividend for the Month of April 2024, Payable on May 15, 2024

Extendicare Inc. to Report Q1, 2024 Results on May 15, 2024

CEO, President & Director exercised options to buy CA$450k worth of stock.

Upcoming dividend of CA$0.04 per share

There May Be Underlying Issues With The Quality Of Extendicare's (TSE:EXE) Earnings

Price target increased by 10% to CA$8.00

Dividend of CA$0.04 announced

Full year 2023 earnings released: EPS: CA$0.40 (vs CA$0.051 loss in FY 2022)

Extendicare Inc. Declares Cash Dividend for the Month of March 2024, Payable on April 15, 2024

Upcoming dividend of CA$0.04 per share

Dividend of CA$0.04 announced

Extendicare Inc. Declares Cash Dividend for the Month of February 2024, Payable on March 15, 2024

Upcoming dividend of CA$0.04 per share at 6.7% yield

Extendicare Inc. to Report Q4, 2023 Results on Mar 07, 2024

Extendicare Inc. Declares Cash Dividend for the Month of December 2023, Payable on January 15, 2024

Independent Director recently bought CA$99k worth of stock

Upcoming dividend of CA$0.04 per share at 7.4% yield

Extendicare Inc. Declares Cash Dividend for the Month of November 2023, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.049 loss in 3Q 2022)

Upcoming dividend of CA$0.04 per share at 7.9% yield

Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04

Extendicare Inc. Declares Cash Dividend for the Month of October 2023, Payable on November 15, 2023

Extendicare Inc. to Report Q3, 2023 Results on Nov 09, 2023

Upcoming dividend of CA$0.04 per share at 7.8% yield

Extendicare (TSE:EXE) Will Pay A Dividend Of CA$0.04

Extendicare Inc. Announces Cash Dividend for the September 2023, Payable on October 16, 2023

Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04

Upcoming dividend of CA$0.04 per share at 7.4% yield

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: CA$0.02 (vs CA$0.039 in 2Q 2022)

Extendicare Inc. Declares Cash Dividend for the Month of August 2023, Payable on September 15, 2023

Extendicare Inc. (TSX:EXE) completed the acquisition of a 15 percent stake in a Portfolio of 24 Long Term Care Homes from Revera Inc. and Axium Infrastructure Inc.

Upcoming dividend of CA$0.04 per share at 6.5% yield

Extendicare's (TSE:EXE) Dividend Will Be CA$0.04

Extendicare Inc. Declares Cash Dividend for the Month of July 2023, Payable on August 15, 2023

Extendicare Inc. to Report Q2, 2023 Results on Aug 10, 2023

Upcoming dividend of CA$0.04 per share at 6.7% yield

Extendicare (TSE:EXE) Is Due To Pay A Dividend Of CA$0.04

Extendicare Inc. Declares Cash Dividend for the Month of June 2023, Payable on July 17, 2023

Insufficient new directors

Independent Director recently bought CA$108k worth of stock

Upcoming dividend of CA$0.04 per share at 6.6% yield

Extendicare (TSE:EXE) Has Affirmed Its Dividend Of CA$0.04

Senior Vice President of ParaMed & CTO recently bought CA$206k worth of stock

Is Extendicare (TSE:EXE) Using Too Much Debt?

First quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.045 in 1Q 2022)

Upcoming dividend of CA$0.04 per share at 7.4% yield

CEO, President & Director recently bought CA$189k worth of stock

Upcoming dividend of CA$0.04 per share at 7.9% yield

CEO, President & Director exercised options to buy CA$258k worth of stock.

Full year 2022 earnings released: CA$0.051 loss per share (vs CA$0.10 profit in FY 2021)

Upcoming dividend of CA$0.04 per share at 7.1% yield

Extendicare Inc. Declares Dividend for the Month of February 2023, Payable on March 15, 2023