12:38:55 EST Thu 05 Feb 2026
Enter Symbol
or Name
USA
CA



Extendicare Inc (2)
Symbol EXE
Shares Issued 94,457,909
Close 2026-02-04 C$ 23.89
Market Cap C$ 2,256,599,446
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Globe says Extendicare worth consideration

2026-02-05 07:35 ET - In the News

The Globe and Mail reports in its Thursday, Feb. 5, edition that one publicly traded company that is worth your attention is Extendicare, which has been posting strong results and has seen its stock more than double in value over the past year. The Globe's regular guest columnist Gordon Pape writes that Extendicare provides care and services for seniors across Canada under a variety of names and its own corporate name. The company operates 99 long-term care homes, of which it owns 59. The rest are managed under contract. The company has a staff of about 28,000. Extendicare is one of the leaders in its field. It maintained its dividend through the pandemic despite experiencing a stressful environment and negative publicity. The stock has had a strong run and could be vulnerable to profit-taking, although the price-to-earnings ratio is reasonable at 21.88. The monthly payments are eligible for the dividend tax credit if the shares are held in a non-registered account. Mr. Pape says the stock is suitable for investors who are willing to accept a modest yield plus capital-gains potential in a sector that will continue to grow as the population ages.

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