TSE:DR FY2024 EPS Estimate Decreased by Leede Financial

Medical Facilities Co. (TSE:DR) – Research analysts at Leede Financial decreased their FY2024 EPS estimates for shares of Medical Facilities in a research report issued on Thursday, November 14th. Leede Financial analyst D. Loe now expects that the company will post earnings per share of $1.00 for the year, down from their previous estimate of $1.10. Leede Financial has a “Hold” rating on the stock. The consensus estimate for Medical Facilities’ current full-year earnings is $1.24 per share. Leede Financial also issued estimates for Medical Facilities’ FY2025 earnings at $0.65 EPS.

DR has been the topic of several other research reports. Leede Jones Gable lifted their target price on shares of Medical Facilities from C$15.00 to C$15.50 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Royal Bank of Canada lifted their target price on shares of Medical Facilities from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th.

Medical Facilities Price Performance

Shares of TSE DR opened at C$15.94 on Monday. Medical Facilities has a fifty-two week low of C$8.31 and a fifty-two week high of C$16.70. The stock has a market cap of C$383.36 million, a price-to-earnings ratio of 14.43, a PEG ratio of 3.81 and a beta of 0.47. The company has a debt-to-equity ratio of 86.99, a quick ratio of 1.51 and a current ratio of 1.15. The firm’s 50-day simple moving average is C$14.23 and its 200 day simple moving average is C$13.32.

Medical Facilities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 2.26%. Medical Facilities’s dividend payout ratio is 32.73%.

Insider Activity at Medical Facilities

In other news, Director Yanick Blanchard sold 100,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$15.93, for a total transaction of C$1,593,100.00. 0.43% of the stock is owned by company insiders.

About Medical Facilities

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company's specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.