Leede Financial Issues Negative Estimate for TSE:DR Earnings

Medical Facilities Co. (TSE:DR) – Equities research analysts at Leede Financial dropped their FY2024 earnings per share (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 earn $1.00 per share for the year, down from their prior 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.

A number of other research firms have also recently commented on DR. Royal Bank of Canada increased their target price 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. Leede Jones Gable raised their target price on Medical Facilities from C$15.00 to C$15.50 and gave the stock a “buy” rating in a research note on Wednesday, August 7th.

Medical Facilities Stock Performance

Shares of TSE:DR opened at C$15.87 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 86.99. The company has a market capitalization of C$381.67 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 firm has a 50 day moving average of C$14.23 and a 200 day moving average of C$13.32. Medical Facilities has a 52 week low of C$8.31 and a 52 week high of C$16.70.

Medical Facilities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, September 27th. Medical Facilities’s dividend payout ratio (DPR) is presently 32.73%.

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.