Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$16.35 and last traded at C$16.27, with a volume of 23403 shares traded. The stock had previously closed at C$16.20.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on CSH.UN shares. CIBC increased their price objective on Chartwell Retirement Residences from C$16.50 to C$19.00 in a report on Monday, November 18th. BMO Capital Markets set a C$18.00 price objective on shares of Chartwell Retirement Residences and gave the stock an "outperform" rating in a research note on Thursday. Finally, TD Securities raised their target price 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. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Chartwell Retirement Residences has an average rating of "Buy" and an average price target of C$17.21.
View Our Latest Stock Analysis on Chartwell Retirement Residences
Chartwell Retirement Residences Stock Performance
The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The stock has a market cap of C$4.36 billion, a P/E ratio of -94.41 and a beta of 1.12. The business's fifty day simple moving average is C$15.56 and its 200 day simple moving average is C$15.05.
Chartwell Retirement Residences Announces Dividend
The firm also recently announced 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 is Friday, January 31st. This represents a $0.61 dividend on an annualized basis and a yield of 3.81%. Chartwell Retirement Residences's payout ratio is presently -358.82%.
About Chartwell Retirement Residences
(
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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.
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