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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
NYSE:CHE

Chemed - CHE Stock Forecast, Price & News

$482.57
-1.49 (-0.31%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$481.17
$488.70
50-Day Range
$437.63
$524.08
52-Week Range
$403.00
$539.87
Volume
48,704 shs
Average Volume
61,103 shs
Market Capitalization
$7.19 billion
P/E Ratio
26.84
Dividend Yield
0.31%
Price Target
$541.00

Chemed MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.1% Upside
$541.00 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.33
Upright™ Environmental Score
News Sentiment
0.36mentions of Chemed in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$121,953 Sold Last Quarter
Proj. Earnings Growth
10.94%
From $18.74 to $20.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Medical Sector

52nd out of 1,119 stocks

Home Health Care Services Industry

3rd out of 9 stocks

CHE stock logo

About Chemed (NYSE:CHE) Stock

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reduced their target price on shares of Chemed from $592.00 to $541.00 and set an "outperform" rating for the company in a report on Monday, August 1st.

Chemed Stock Performance

Shares of Chemed stock traded down $2.58 on Thursday, reaching $481.48. 1,390 shares of the stock were exchanged, compared to its average volume of 61,003. Chemed has a 1-year low of $403.00 and a 1-year high of $539.87. The company has a current ratio of 0.71, a quick ratio of 0.68 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $480.95 and a two-hundred day moving average price of $484.97. The firm has a market capitalization of $7.17 billion, a PE ratio of 26.76, a PEG ratio of 3.34 and a beta of 0.51.

Chemed (NYSE:CHE - Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $4.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.78 by $0.06. Chemed had a net margin of 12.95% and a return on equity of 44.64%. The business had revenue of $531.29 million for the quarter, compared to analyst estimates of $538.07 million. During the same period in the previous year, the business posted $4.60 earnings per share. The business's revenue was down .2% compared to the same quarter last year. As a group, research analysts anticipate that Chemed will post 18.74 earnings per share for the current fiscal year.

Chemed Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 2nd. Shareholders of record on Monday, August 15th will be given a dividend of $0.38 per share. This is a positive change from Chemed's previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Friday, August 12th. Chemed's dividend payout ratio is presently 8.45%.

Insiders Place Their Bets

In other Chemed news, Director Patrick P. Grace sold 262 shares of the company's stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $465.47, for a total transaction of $121,953.14. Following the transaction, the director now directly owns 3,270 shares in the company, valued at $1,522,086.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.03% of the stock is currently owned by company insiders.

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CHE Stock News Headlines

Chemed: Dividend Insights - Benzinga
Chemed: Q2 Earnings Snapshot - Greenwich Time
Chemed (CHE) Q2 Earnings Surpass Estimates
See More Headlines
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CHE Company Calendar

Ex-Dividend for 6/15 Dividend
5/25/2022
Dividend Payable
6/15/2022
Last Earnings
7/27/2022
Ex-Dividend for 9/2 Dividend
8/12/2022
Today
8/18/2022
Dividend Payable
9/02/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Home health care services
Sub-Industry
Health Care Services
Sector
Medical
CUSIP
16359R10
Employees
14,137
Year Founded
1970

Price Target and Rating

Average Stock Price Forecast
$541.00
High Stock Price Forecast
$541.00
Low Stock Price Forecast
$541.00
Forecasted Upside/Downside
+12.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$268.55 million
Pretax Margin
16.92%

Debt

Sales & Book Value

Annual Sales
$2.14 billion
Cash Flow
$23.28 per share
Book Value
$45.96 per share

Miscellaneous

Free Float
14,304,000
Market Cap
$7.19 billion
Optionable
Optionable
Beta
0.51

Social Links


Key Executives

  • Mr. Kevin J. McNamaraMr. Kevin J. McNamara (Age 68)
    CEO, Pres & Director
    Comp: $6.11M
  • Mr. David P. Williams (Age 61)
    Exec. VP & CFO
    Comp: $2.91M
  • Mr. Michael D. Witzeman CPA (Age 51)
    MBA, VP & Controller
    Comp: $1.06M
  • Mr. Nicholas Michael WestfallMr. Nicholas Michael Westfall (Age 43)
    Exec. VP
    Comp: $1.81M
  • Ms. Lisa A. Reinhard
    VP, Chief Admin. Officer & Assistant Sec.
  • Sherri Warner
    Director of Investor Relations
  • Mr. Brian C. Judkins (Age 41)
    VP, Sec. & Chief Legal Officer
  • Mr. Thomas C. Hutton (Age 71)
    VP & Director













CHE Stock - Frequently Asked Questions

Should I buy or sell Chemed stock right now?

1 Wall Street equities 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 equities 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 2022?

1 Wall Street research analysts have issued twelve-month price targets for Chemed's shares. Their CHE share price forecasts range from $541.00 to $541.00. On average, they predict the company's share price to reach $541.00 in the next twelve months. This suggests a possible upside of 12.1% 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 2022?

Chemed's stock was trading at $529.04 at the start of the year. Since then, CHE shares have decreased by 8.8% and is now trading at $482.57.
View the best growth stocks for 2022 here
.

When is Chemed's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CHE earnings forecast
.

How were Chemed's earnings last quarter?

Chemed Co. (NYSE:CHE) posted its quarterly earnings results on Wednesday, July, 27th. The company reported $4.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.78 by $0.06. The firm earned $531.29 million during the quarter, compared to the consensus estimate of $538.07 million. Chemed had a net margin of 12.95% and a trailing twelve-month return on equity of 44.64%. The firm's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.60 EPS.

How often does Chemed pay dividends? What is the dividend yield for Chemed?

Chemed declared a quarterly dividend on Friday, August 5th. Investors of record on Monday, August 15th will be given a dividend of $0.38 per share on Friday, September 2nd. This represents a $1.52 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Friday, August 12th. This is an increase from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for CHE
.

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 0.31%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHE will have a dividend payout ratio of 7.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHE.

What guidance has Chemed issued on next quarter's earnings?

Chemed updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $19.30-$19.50 for the period, compared to the consensus EPS estimate of $19.47. The company issued revenue guidance of -.

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 many different retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (3.45%), State Street Corp (2.77%), William Blair Investment Management LLC (2.71%), JPMorgan Chase & Co. (1.92%), Victory Capital Management Inc. (1.33%) and Boston Trust Walden Corp (1.31%). 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, Thomas P Rice and Walter L Krebs.
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 $482.57.

How much money does Chemed make?

Chemed (NYSE:CHE) has a market capitalization of $7.19 billion and generates $2.14 billion in revenue each year. The company earns $268.55 million in net income (profit) each year or $17.98 on an earnings per share basis.

How many employees does Chemed have?

The company employs 14,137 workers across the globe.

When was Chemed founded?

Chemed was founded in 1970.

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 8/19/2022 by MarketBeat.com Staff

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