Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$18.03 and traded as high as C$20.09. Chartwell Retirement Residences shares last traded at C$20.02, with a volume of 382,087 shares.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. TD Securities dropped their price objective on Chartwell Retirement Residences from C$22.00 to C$21.00 and set a "buy" rating on the stock in a report on Monday, August 11th. Royal Bank Of Canada upped their price objective on Chartwell Retirement Residences from C$20.00 to C$21.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Desjardins upped their price objective on Chartwell Retirement Residences from C$21.00 to C$22.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Finally, Scotiabank upped their target price on Chartwell Retirement Residences from C$20.00 to C$22.00 in a report on Monday, August 11th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of C$21.07.
Read Our Latest Analysis on Chartwell Retirement Residences
Chartwell Retirement Residences Price Performance
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 company has a market cap of C$5.80 billion, a price-to-earnings ratio of 102.51 and a beta of 0.67. The company has a fifty day simple moving average of C$18.87 and a two-hundred day simple moving average of C$18.03.
Chartwell Retirement Residences Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 15th were issued a $0.051 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a c) annualized dividend and a yield of 3.1%. Chartwell Retirement Residences's dividend payout ratio is 313.36%.
About Chartwell Retirement Residences
(
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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.
Further Reading
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