NYSE:CHE Chemed (CHE) Stock Forecast, Price & News $542.41 +8.98 (+1.68%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$534.34▼$543.7950-Day Range$525.45▼$567.2152-Week Range$430.16▼$570.17Volume73,012 shsAverage Volume69,872 shsMarket Capitalization$8.15 billionP/E Ratio34.14Dividend Yield0.28%Price Target$610.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Chemed MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.5% Upside$610.00 Price TargetShort InterestBearish3.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.33Upright™ Environmental ScoreNews Sentiment0.09Based on 8 Articles This WeekInsider TradingSelling Shares$7.76 M Sold Last QuarterProj. Earnings Growth11.36%From $20.34 to $22.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsMedical Sector65th out of 983 stocksHome Health Care Services Industry5th out of 7 stocks 2.5 Analyst's Opinion Consensus RatingChemed has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $610.00, Chemed has a forecasted upside of 12.5% from its current price of $542.41.Amount of Analyst CoverageChemed has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.24% of the float of Chemed has been sold short.Short Interest Ratio / Days to CoverChemed has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Chemed has recently increased by 21.94%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldChemed has a dividend yield of 0.28%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthChemed has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of Chemed is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chemed will have a dividend payout ratio of 6.71% next year. This indicates that Chemed will be able to sustain or increase its dividend. Previous Next 4.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChemed has received a 80.32% net impact score from Upright. Chemed seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Private hospice care", "Private home care for the elderly", and "Property water damage restoration" products. See details.Environmental SustainabilityThe Environmental Impact score for Chemed is -0.33. Previous Next 2.8 News and Social Media Coverage News SentimentChemed has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Chemed this week, compared to 4 articles on an average week.Search Interest1 people have searched for CHE on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Chemed to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chemed insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,762,469.00 in company stock.Percentage Held by InsidersOnly 4.03% of the stock of Chemed is held by insiders.Percentage Held by Institutions91.12% of the stock of Chemed is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chemed are expected to grow by 11.36% in the coming year, from $20.34 to $22.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chemed is 34.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Chemed is 34.14, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 138.54.Price to Earnings Growth RatioChemed has a PEG Ratio of 2.98. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChemed has a P/B Ratio of 9.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chemed (NYSE:CHE) StockChemed Corp. engages in the provision of healthcare and maintenance services. It operates through the VITAS and Roto-Rooter segments. The VITAS segment offers hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers. The Roto-Rooter segment includes plumbing, drain cleaning, water restoration, and other related services to residential and commercial customers. The company was founded in 1970 and is headquartered in Cincinnati, OH.Read More Receive CHE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chemed and its competitors with MarketBeat's FREE daily newsletter. Email Address CHE Stock News HeadlinesJune 2, 2023 | americanbankingnews.comChemed Co. (NYSE:CHE) EVP Nicholas Michael Westfall Sells 1,330 Shares of StockJune 2, 2023 | americanbankingnews.comChemed Co. (NYSE:CHE) Director Sells $160,006.56 in StockJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...June 1, 2023 | finance.yahoo.comChemed Corporation to Present at the Jefferies 2023 Healthcare ConferenceMay 22, 2023 | americanbankingnews.comChemed Co. (CHE) To Go Ex-Dividend on May 24thMay 20, 2023 | americanbankingnews.comChemed (NYSE:CHE) Now Covered by StockNews.comMay 19, 2023 | msn.comTuesday Is Your Last Chance To Buy Chemed Before The Dividend PayoutMay 17, 2023 | seekingalpha.comChemed: Adding Value At Double Digits Above Its Hurdle RateJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 17, 2023 | msn.comChemed (CHE) Declares $0.38 DividendMay 15, 2023 | msn.comChemed declares $0.38 dividendMay 11, 2023 | entrepreneur.com3 Quality Stocks Ready to SoarMay 10, 2023 | finance.yahoo.comChemed Corporation to Present at the 2023 RBC Global Healthcare ConferenceMay 10, 2023 | americanbankingnews.comChemed Co. (NYSE:CHE) CEO Sells $2,197,360.00 in StockMay 4, 2023 | americanbankingnews.comRoyal Bank of Canada Raises Chemed (NYSE:CHE) Price Target to $610.00May 3, 2023 | finance.yahoo.comChemed Corporation to Present at the Bank of America Merrill Lynch 2023 Health Care ConferenceMay 2, 2023 | finance.yahoo.comAmerisourceBergen (ABC) Beats on Q2 Earnings, Ups '23 EPS ViewMay 2, 2023 | finance.yahoo.comStryker (SYK) Q1 Earnings Beat Estimates, Volume ImprovesMay 1, 2023 | americanbankingnews.comChemed (NYSE:CHE) Price Target Raised to $610.00April 29, 2023 | seekingalpha.comChemed Corporation 2023 Q1 - Results - Earnings Call PresentationApril 27, 2023 | finance.yahoo.comBaxter (BAX) Beats on Q1 Earnings, Ups '23 EPS ViewApril 26, 2023 | finance.yahoo.comChemed Reports First-Quarter 2023 ResultsApril 24, 2023 | finance.yahoo.comChemed To Report First-Quarter 2023 Earnings April 26, Related Conference Call To Be Held On April 27April 17, 2023 | finance.yahoo.comEHC vs. CHE: Which Stock Is the Better Value Option?March 30, 2023 | americanbankingnews.comChemed Co. (NYSE:CHE) CEO Kevin J. Mcnamara Sells 3,000 SharesMarch 29, 2023 | marketwatch.comPre-Need Death Care Market Outlook and Forecast till 2028March 24, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Chemed, Addus HomeCare, RadNet and The Pennant GroupSee More Headlines CHE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHE Company Calendar Last Earnings2/24/2023Ex-Dividend for 3/17 Dividend2/24/2023Dividend Payable3/17/2023Ex-Dividend for 6/14 Dividend5/24/2023Today6/02/2023Dividend Payable6/14/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Home health care services Sub-IndustryHealth Care Services SectorMedical Current SymbolNYSE:CHE CUSIP16359R10 CIK19584 Webwww.chemed.com Phone(513) 762-6690Fax513-762-6590Employees14,167Year Founded1970Price Target and Rating Average Stock Price Forecast$610.00 High Stock Price Forecast$610.00 Low Stock Price Forecast$610.00 Forecasted Upside/Downside+12.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$15.89 Trailing P/E Ratio34.14 Forward P/E Ratio26.67 P/E Growth2.98Net Income$249.62 million Net Margins11.07% Pretax Margin14.60% Return on Equity37.83% Return on Assets21.06% Debt Debt-to-Equity Ratio0.02 Current Ratio0.93 Quick Ratio0.89 Sales & Book Value Annual Sales$2.13 billion Price / Sales3.82 Cash Flow$24.44 per share Price / Cash Flow22.19 Book Value$58.59 per share Price / Book9.26Miscellaneous Outstanding Shares15,020,000Free Float14,415,000Market Cap$8.15 billion OptionableOptionable Beta0.54 Social Links Key ExecutivesKevin J. McNamaraPresident, Chief Executive Officer & DirectorDavid Patrick WilliamsChief Financial Officer & Executive Vice PresidentSpencer S. LeeExecutive Vice PresidentNicholas M. WestfallExecutive Vice PresidentThomas C. HuttonDirector & Vice PresidentKey CompetitorsAmedisysNASDAQ:AMEDOption Care HealthNASDAQ:OPCHTeva Pharmaceutical IndustriesNYSE:TEVAStevanato GroupNYSE:STVNJazz PharmaceuticalsNASDAQ:JAZZView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 1,745 shares on 6/1/2023Ownership: 0.019%Nicholas Michael WestfallSold 1,330 sharesTotal: $718,652.20 ($540.34/share)Patrick P GraceSold 294 sharesTotal: $160,006.56 ($544.24/share)ProShare Advisors LLCSold 259 shares on 5/26/2023Ownership: 0.006%Toroso Investments LLCBought 500 shares on 5/23/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions CHE Stock - Frequently Asked Questions Should I buy or sell Chemed stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chemed in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CHE shares. View CHE analyst ratings or view top-rated stocks. What is Chemed's stock price forecast for 2023? 1 equities research analysts have issued twelve-month target prices for Chemed's stock. Their CHE share price forecasts range from $610.00 to $610.00. On average, they anticipate the company's stock price to reach $610.00 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for CHE or view top-rated stocks among Wall Street analysts. How have CHE shares performed in 2023? Chemed's stock was trading at $510.43 at the beginning of 2023. Since then, CHE shares have increased by 6.3% and is now trading at $542.41. View the best growth stocks for 2023 here. Are investors shorting Chemed? Chemed saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 474,700 shares, an increase of 21.9% from the April 30th total of 389,300 shares. Based on an average daily volume of 68,000 shares, the short-interest ratio is presently 7.0 days. Currently, 3.2% of the company's shares are sold short. View Chemed's Short Interest. When is Chemed's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our CHE earnings forecast. How were Chemed's earnings last quarter? Chemed Co. (NYSE:CHE) announced its earnings results on Friday, February, 24th. The company reported $5.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.30 by $0.09. The company earned $546.65 million during the quarter, compared to the consensus estimate of $546.60 million. Chemed had a trailing twelve-month return on equity of 37.83% and a net margin of 11.07%. The company's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.25 earnings per share. How often does Chemed pay dividends? What is the dividend yield for Chemed? Chemed announced a quarterly dividend on Monday, May 15th. Stockholders of record on Thursday, May 25th will be given a dividend of $0.38 per share on Wednesday, June 14th. This represents a $1.52 annualized dividend and a yield of 0.28%. The ex-dividend date is Wednesday, May 24th. Read our dividend analysis for CHE. What ETFs hold Chemed's stock? ETFs with the largest weight of Chemed (NYSE:CHE) stock in their portfolio include VictoryShares THB Mid Cap ESG ETF (MDCP), Formidable Fortress ETF (KONG), AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Inspire Faithward Mid Cap Momentum ETF (GLRY), Opus Small Cap Value Plus ETF (OSCV), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and Dividend Performers ETF (IPDP). Is Chemed a good dividend stock? Chemed (NYSE:CHE) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.28%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHE will have a dividend payout ratio of 6.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHE. What is Kevin J. McNamara's approval rating as Chemed's CEO? 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. What other stocks do shareholders of Chemed own? 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). What is Chemed's stock symbol? Chemed trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHE." Who are Chemed's major shareholders? Chemed's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.28%), William Blair Investment Management LLC (3.73%), Neuberger Berman Group LLC (3.55%), Kayne Anderson Rudnick Investment Management LLC (3.40%), Envestnet Asset Management Inc. (3.18%) and State Street Corp (2.95%). Insiders that own company stock include David Patrick Williams, Donald E Saunders, Kevin J Mcnamara, Michael D Witzeman, Nicholas Michael Westfall, Patrick P Grace, Spencer S Lee and Thomas P Rice. View institutional ownership trends. How do I buy shares of Chemed? 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. Compare Top Brokerages Here. What is Chemed's stock price today? One share of CHE stock can currently be purchased for approximately $542.41. How much money does Chemed make? Chemed (NYSE:CHE) has a market capitalization of $8.15 billion and generates $2.13 billion in revenue each year. The company earns $249.62 million in net income (profit) each year or $15.89 on an earnings per share basis. How many employees does Chemed have? The company employs 14,167 workers across the globe. How can I contact Chemed? 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. This page (NYSE:CHE) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chemed Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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