TSE:DR FY2024 EPS Estimate Decreased by Leede Financial

Medical Facilities Co. (TSE:DR) – Leede Financial dropped their FY2024 earnings estimates for Medical Facilities in a report released on Thursday, November 14th. Leede Financial analyst D. Loe now expects that the company will earn $1.00 per share for the year, down from their previous estimate of $1.10. Leede Financial currently 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.

Several other equities analysts also recently commented on DR. Leede Jones Gable upped their price objective on shares of Medical Facilities from C$15.00 to C$15.50 and gave the company a “buy” rating in a research note on Wednesday, August 7th. Royal Bank of Canada boosted their price target on shares of Medical Facilities from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th.

Medical Facilities Stock Performance

Shares of TSE:DR opened at C$15.94 on Monday. The company has a market cap of C$383.36 million, a price-to-earnings ratio of 14.43, a price-to-earnings-growth ratio of 3.81 and a beta of 0.47. The company has a 50-day moving average price of C$14.23 and a 200-day moving average price of C$13.32. The company has a current ratio of 1.15, a quick ratio of 1.51 and a debt-to-equity ratio of 86.99. Medical Facilities has a 12 month low of C$8.31 and a 12 month high of C$16.70.

Medical Facilities Announces Dividend

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

Insiders Place Their Bets

In other Medical Facilities news, Director Yanick Blanchard sold 100,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of C$15.93, for a total value of C$1,593,100.00. Corporate insiders own 0.43% of the company’s stock.

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.