NYSE:CHEChemed Stock Price, Forecast & News

Chemed's stock was trading at $414.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CHE shares have increased by 12.6% and is now trading at $466.26. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemed in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chemed.

Chemed is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Chemed.

Chemed Co. (NYSE:CHE) posted its quarterly earnings results on Tuesday, April, 28th. The company reported $3.68 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.65 by $0.03. The company earned $515.80 million during the quarter, compared to analyst estimates of $523.04 million. Chemed had a return on equity of 35.99% and a net margin of 11.60%. The company's revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.92 EPS. View Chemed's earnings history.

Chemed declared a quarterly dividend on Tuesday, May 19th. Investors of record on Thursday, May 28th will be given a dividend of $0.32 per share on Wednesday, June 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Wednesday, May 27th. View Chemed's dividend history.

4 equities research analysts have issued twelve-month price objectives for Chemed's shares. Their forecasts range from $490.00 to $535.00. On average, they anticipate Chemed's share price to reach $515.00 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for Chemed.

News stories about CHE stock have trended somewhat negative on Thursday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Chemed earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutChemed.

Chemed saw a decline in short interest in May. As of May 15th, there was short interest totaling 210,200 shares, a decline of 11.4% from the April 30th total of 237,300 shares. Based on an average daily trading volume, of 131,300 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.4% of the shares of the stock are sold short. View Chemed's Current Options Chain.

Some companies that are related to Chemed include Laboratory Corp. of America (LH), Quest Diagnostics (DGX), Davita (DVA), Amedisys (AMED), LHC Group (LHCG), AMN Healthcare Services (AMN), MEDNAX (MD), R1 RCM (RCM), CorVel (CRVL), The Providence Service (PRSC), Tivity Health (TVTY), Cross Country Healthcare (CCRN) and Interpace Diagnostics Group (IDXG). View all competitors.

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

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 BlackRock Inc. (9.49%), Acadian Asset Management LLC (3.26%), State Street Corp (2.57%), Riverbridge Partners LLC (2.27%), Invesco Ltd. (2.15%) and Fisher Asset Management LLC (1.84%). Company insiders that own Chemed stock include Andrea R Lindell, David Patrick Williams, Donald E Saunders, Frank E Wood, George J Walsh III, Kevin J Mcnamara, Michael D Witzeman, Naomi C Dallob, Nicholas Michael Westfall, Patrick P Grace, Spencer S Lee, Thomas P Rice and Walter L Krebs. View institutional ownership trends for Chemed.

CHE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., Federated Hermes Inc., Wells Fargo & Company MN, BNP Paribas Arbitrage SA, Principal Financial Group Inc., Boston Trust Walden Corp, and Waddell & Reed Financial Inc.. Company insiders that have sold Chemed company stock in the last year include Andrea R Lindell, David Patrick Williams, Donald E Saunders, Frank E Wood, Kevin J Mcnamara, Michael D Witzeman, Naomi C Dallob, Spencer S Lee, and Walter L Krebs. View insider buying and selling activity for Chemed.

CHE stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FDx Advisors Inc., GW&K Investment Management LLC, Deutsche Bank AG, Canada Pension Plan Investment Board, Teacher Retirement System of Texas, TimesSquare Capital Management LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for Chemed.

Shares of CHE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CHE stock can currently be purchased for approximately $466.26.

Chemed has a market capitalization of $7.40 billion and generates $1.94 billion in revenue each year. The company earns $219.92 million in net income (profit) each year or $13.95 on an earnings per share basis. Chemed employs 16,641 workers across the globe.

The official website for Chemed is www.chemed.com.

Chemed's mailing address is 255 EAST FIFTH STREET SUITE 2600, CINCINNATI OH, 45202. The company can be reached via phone at 513-762-6690.