Chartwell Retirement Residences (TSE:CSH.UN) Receives Consensus Recommendation of "Buy" from Analysts

Key Points

• Eight analysts give Chartwell a consensus Buy rating with an average 1‑year price target of C$24.94, and several brokers raised targets to C$25–C$26 on March 2.
• Shares traded at C$19.52 (12‑month range C$15.59–C$23.21) with a market capitalization of C$6.19 billion.
• Valuation and payout risks: the stock has a high P/E (~208.8) and heavy leverage (debt‑to‑equity 192.20), and while Chartwell pays a monthly dividend of $0.051 (≈3.1% yield), its dividend payout ratio is an elevated 654.7%.

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) have been assigned an average rating of "Buy" from the eight analysts that are presently covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$24.94.

Several equities analysts have recently issued reports on CSH.UN shares. BMO Capital Markets raised their price target on Chartwell Retirement Residences from C$22.00 to C$25.00 and gave the company an "outperform" rating in a report on Monday, March 2nd. Desjardins upped their target price on Chartwell Retirement Residences from C$23.00 to C$26.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Royal Bank Of Canada raised their price objective on shares of Chartwell Retirement Residences from C$22.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Monday, March 2nd. Canaccord Genuity Group upped their target price on Chartwell Retirement Residences from C$22.50 to C$24.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Finally, Scotiabank increased their price objective on Chartwell Retirement Residences from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday, March 2nd.

Chartwell Retirement Residences Price Performance

Shares of Chartwell Retirement Residences stock traded down C$0.22 during trading on Friday, reaching C$19.52. The company's stock had a trading volume of 92,026 shares, compared to its average volume of 410,141. The business has a 50 day moving average price of C$21.17 and a 200-day moving average price of C$20.46. Chartwell Retirement Residences has a 12-month low of C$15.59 and a 12-month high of C$23.21. The company has a market capitalization of C$6.19 billion, a P/E ratio of 208.81 and a beta of 0.73. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20.

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$303.73 million for the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%. As a group, sell-side analysts anticipate that Chartwell Retirement Residences will post 0.1237392 EPS for the current year.

Chartwell Retirement Residences Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 16th were issued a dividend of $0.051 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. Chartwell Retirement Residences's dividend payout ratio (DPR) is presently 654.67%.

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.

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