Analysts Set Chartwell Retirement Residences (TSE:CSH.UN) PT at C$25.77

Chartwell Retirement Residences (TSE:CSH.UN) has been given an average recommendation of “Buy” by the ten analysts that are covering the stock, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$25.77.

A number of analysts have recently weighed in on CSH.UN shares. Royal Bank Of Canada increased their price target on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Raymond James Financial upped their price objective on shares of Chartwell Retirement Residences from C$24.50 to C$25.00 and gave the stock a “strong-buy” rating in a report on Monday, May 11th. BMO Capital Markets increased their price objective on shares of Chartwell Retirement Residences from C$25.00 to C$26.00 and gave the company an “outperform” rating in a report on Monday, May 11th. National Bank Financial lifted their target price on Chartwell Retirement Residences from C$25.25 to C$26.50 and gave the stock an “outperform” rating in a report on Monday, May 11th. Finally, ATB Cormark Capital Markets cut their target price on Chartwell Retirement Residences from C$25.50 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 12th.

Chartwell Retirement Residences Price Performance

Shares of Chartwell Retirement Residences stock opened at C$20.70 on Monday. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The firm has a market cap of C$6.80 billion, a P/E ratio of 1,118.25 and a beta of 0.85. Chartwell Retirement Residences has a fifty-two week low of C$18.23 and a fifty-two week high of C$23.38. The business has a 50-day moving average price of C$22.14 and a 200 day moving average price of C$21.45.

Chartwell Retirement Residences (TSE:CSH.UN) last announced its quarterly earnings data on Thursday, August 6th. The company reported C($0.00) earnings per share (EPS) for the quarter. The firm had revenue of C$336.74 million for the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%. On average, sell-side analysts forecast that Chartwell Retirement Residences will post 0.1237392 earnings per share for the current fiscal year.

Chartwell Retirement Residences Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 17th were issued a $0.052 dividend. The ex-dividend date was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. Chartwell Retirement Residences’s dividend payout ratio is currently 3,327.75%.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long-term care. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.