Analysts Set Chartwell Retirement Residences (TSE:CSH.UN) PT at C$25.82

Shares of Chartwell Retirement Residences (TSE:CSH.UN) have earned a consensus recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$25.82.

Several equities research analysts have recently issued reports on CSH.UN shares. National Bank Financial raised their price objective on Chartwell Retirement Residences from C$25.25 to C$26.50 and gave the company an “outperform” rating in a research note on Monday, May 11th. Royal Bank Of Canada boosted their target price on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. TD increased their price target on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company a “buy” rating in a report on Monday, May 11th. BMO Capital Markets raised their price target on Chartwell Retirement Residences from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Finally, Canaccord Genuity Group lifted their price objective on shares of Chartwell Retirement Residences from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, May 11th.

Chartwell Retirement Residences Stock Up 0.9%

Shares of TSE CSH.UN opened at C$22.08 on Thursday. 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 has a 12-month low of C$17.88 and a 12-month high of C$23.38. The firm’s 50-day moving average price is C$22.08 and its 200-day moving average price is C$21.43. The stock has a market capitalization of C$7.16 billion, a price-to-earnings ratio of -34,936.71 and a beta of 0.85.

Chartwell Retirement Residences (TSE:CSH.UN) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.05 EPS for the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%.The company had revenue of C$314.65 million during the quarter. On average, equities research analysts anticipate that Chartwell Retirement Residences will post 0.1237392 EPS for the current fiscal year.

Chartwell Retirement Residences Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 17th will be issued a $0.052 dividend. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, July 31st. Chartwell Retirement Residences’s dividend payout ratio (DPR) is -96,993.67%.

About Chartwell Retirement Residences

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. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.