Chartwell Retirement Residences (TSE:CSH.UN) Receives C$17.21 Consensus PT from Analysts

Shares of Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) have been given a consensus recommendation of "Buy" by the seven brokerages that are covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$17.21.

Several equities analysts recently issued reports on CSH.UN shares. TD Securities upped their price objective on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a "buy" rating in a research note on Monday, November 18th. BMO Capital Markets set a C$18.00 price objective on shares of Chartwell Retirement Residences and gave the company an "outperform" rating in a research note on Thursday, January 30th. Finally, CIBC increased their price target on shares of Chartwell Retirement Residences from C$16.50 to C$19.00 in a research note on Monday, November 18th.

Chartwell Retirement Residences Price Performance

Shares of CSH.UN stock traded down C$0.18 during trading hours on Friday, hitting C$16.08. The company's stock had a trading volume of 163,462 shares, compared to its average volume of 285,952. The business has a fifty day moving average of C$15.60 and a 200-day moving average of C$15.23. The stock has a market cap of C$4.36 billion, a price-to-earnings ratio of -94.59 and a beta of 1.12. Chartwell Retirement Residences has a twelve month low of C$11.76 and a twelve month high of C$16.50. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20.

Chartwell Retirement Residences Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.81%. Chartwell Retirement Residences's dividend payout ratio (DPR) is -358.82%.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.