Medical Facilities (TSE:DR) Hits New 1-Year High at $11.24

Medical Facilities Co. (TSE:DR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$11.24 and last traded at C$11.16, with a volume of 39168 shares. The stock had previously closed at C$11.01.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lifted their target price on Medical Facilities from C$11.00 to C$12.00 and gave the stock a “sector perform” rating in a report on Friday, March 15th.

Medical Facilities Stock Performance

The company has a fifty day moving average price of C$10.18 and a 200 day moving average price of C$9.46. The company has a debt-to-equity ratio of 98.74, a current ratio of 1.24 and a quick ratio of 1.51. The stock has a market cap of C$275.38 million, a P/E ratio of 11.01, a P/E/G ratio of 3.81 and a beta of 0.59.

Medical Facilities (TSE:DR) last posted its earnings results on Thursday, March 14th. The company reported C$0.53 EPS for the quarter. The company had revenue of C$166.47 million during the quarter, compared to the consensus estimate of C$151.52 million. Medical Facilities had a net margin of 4.15% and a return on equity of 37.77%. On average, equities analysts expect that Medical Facilities Co. will post 1.2912736 EPS for the current year.

Medical Facilities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date was Wednesday, March 27th. Medical Facilities’s payout ratio is 32.00%.

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.