Chartwell Retirement Residences (TSE:CSH.UN) Receives C$18.38 Consensus PT from Analysts

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) have been assigned a consensus rating of "Buy" from the eight research firms that are currently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$18.38.

CSH.UN has been the topic of a number of recent research reports. Canaccord Genuity Group set a C$20.50 price objective on shares of Chartwell Retirement Residences and gave the company a "buy" rating in a report on Thursday, April 3rd. BMO Capital Markets lifted their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a report on Monday, May 12th. TD Securities lifted their price objective on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a report on Monday, May 12th. Finally, CIBC lifted their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday, March 3rd.

Chartwell Retirement Residences Stock Up 1.8%

Shares of TSE:CSH.UN traded up C$0.32 during midday trading on Monday, reaching C$18.01. 155,915 shares of the company were exchanged, compared to its average volume of 349,073. Chartwell Retirement Residences has a fifty-two week low of C$12.15 and a fifty-two week high of C$18.49. 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 stock has a fifty day simple moving average of C$16.98 and a two-hundred day simple moving average of C$16.31. The firm has a market cap of C$4.89 billion, a PE ratio of -105.94 and a beta of 1.12.

Chartwell Retirement Residences Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.051 per share. The ex-dividend date was Friday, February 28th. This represents a $0.61 dividend on an annualized basis and a yield of 3.40%. Chartwell Retirement Residences's dividend payout ratio (DPR) is -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.