Chemed - CHE Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemed in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CHE shares.
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1 equities research analysts have issued 12 month price targets for Chemed's shares. Their CHE share price forecasts range from $545.00 to $545.00. On average, they predict the company's stock price to reach $545.00 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
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Chemed's stock was trading at $529.04 at the start of the year. Since then, CHE shares have decreased by 1.9% and is now trading at $519.02.
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Chemed saw a increase in short interest in November. As of November 15th, there was short interest totaling 368,100 shares, an increase of 20.5% from the October 31st total of 305,500 shares. Based on an average daily trading volume, of 84,400 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.5% of the company's stock are sold short.
View Chemed's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CHE earnings forecast.

Chemed Co. (NYSE:CHE) announced its earnings results on Monday, October, 31st. The company reported $4.74 EPS for the quarter, beating analysts' consensus estimates of $4.65 by $0.09. The business had revenue of $526.47 million for the quarter, compared to the consensus estimate of $527.05 million. Chemed had a trailing twelve-month return on equity of 44.29% and a net margin of 12.31%. The firm's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.06 EPS.

Chemed announced a quarterly dividend on Friday, November 4th. Investors of record on Monday, November 14th will be given a dividend of $0.38 per share on Monday, December 5th. This represents a $1.52 annualized dividend and a yield of 0.29%. The ex-dividend date is Thursday, November 10th.
Read our dividend analysis for CHE.

Chemed (NYSE:CHE) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.29%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHE will have a dividend payout ratio of 7.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHE.

Chemed issued an update on its FY 2022 earnings guidance on Monday, November, 7th. The company provided EPS guidance of $19.60-$19.70 for the period, compared to the consensus estimate of $19.49. The company issued revenue guidance of -.

1 employees have rated Chemed Chief Executive Officer Kevin J. McNamara on Glassdoor.com. Kevin J. McNamara has an approval rating of 100% among the company's employees. This puts Kevin J. McNamara in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemed investors own include AT&T (T), Home Depot (HD), Johnson & Johnson (JNJ), AbbVie (ABBV), Abbott Laboratories (ABT), CVS Health (CVS), Boeing (BA), UnitedHealth Group (UNH), Verizon Communications (VZ) and Chevron (CVX).

Chemed trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHE."

Chemed's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.30%), BlackRock Inc. (8.99%), Neuberger Berman Group LLC (3.66%), Kayne Anderson Rudnick Investment Management LLC (3.44%), State Street Corp (2.81%) and Victory Capital Management Inc. (1.39%). Insiders that own company stock include Andrea R Lindell, David Patrick Williams, Donald E Saunders, Frank E Wood, Kevin J Mcnamara, Michael D Witzeman, Naomi C Dallob, Nicholas Michael Westfall, Patrick P Grace, Spencer S Lee and Thomas P Rice.
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Shares of CHE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CHE stock can currently be purchased for approximately $519.02.

Chemed (NYSE:CHE) has a market capitalization of $7.72 billion and generates $2.14 billion in revenue each year. The company earns $268.55 million in net income (profit) each year or $17.21 on an earnings per share basis.

The company employs 14,137 workers across the globe.

Chemed's mailing address is 255 EAST FIFTH STREET SUITE 2600, CINCINNATI OH, 45202. The official website for the company is www.chemed.com. The company can be reached via phone at (513) 762-6690 or via fax at 513-762-6590.