Medical Facilities Co. (TSE:DR – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$13.75 and last traded at C$13.70, with a volume of 55607 shares. The stock had previously closed at C$13.37.
Wall Street Analysts Forecast Growth
Separately, Leede Jones Gab upgraded shares of Medical Facilities from a “hold” rating to a “buy” rating in a report on Thursday, May 9th.
Read Our Latest Stock Analysis on Medical Facilities
Medical Facilities Stock Performance
Medical Facilities (TSE:DR – Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported C$0.09 EPS for the quarter. Medical Facilities had a net margin of 3.57% and a return on equity of 38.26%. The business had revenue of C$145.95 million during the quarter, compared to analysts’ expectations of C$133.28 million. Equities research analysts anticipate that Medical Facilities Co. will post 1.4764268 EPS for the current fiscal year.
Medical Facilities Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a $0.09 dividend. The ex-dividend date was Friday, June 28th. This represents a $0.36 annualized dividend and a dividend yield of 2.63%. This is an increase from Medical Facilities’s previous quarterly dividend of $0.08. Medical Facilities’s dividend payout ratio (DPR) is 41.86%.
Medical Facilities Company Profile
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.
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