Chartwell Retirement Residences (TSE:CSH.UN) Sets New 1-Year High – Should You Buy?

Chartwell Retirement Residences (TSE:CSH.UN)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$16.76 and last traded at C$16.70, with a volume of 98538 shares. The stock had previously closed at C$16.54.

Analyst Ratings Changes

CSH.UN has been the topic of a number of recent analyst reports. CIBC raised their price target 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 target on Chartwell Retirement Residences and gave the company an “outperform” rating in a report on Thursday, January 30th. Finally, TD Securities raised their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Monday, November 18th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$17.21.

Chartwell Retirement Residences Trading Down 0.6 %

The stock has a market cap of C$4.56 billion, a PE ratio of -98.94 and a beta of 1.12. The stock has a 50-day moving average price of C$15.71 and a two-hundred day moving average price of C$15.39. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07.

Chartwell Retirement Residences Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.051 per share. The ex-dividend date was Friday, January 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 3.64%. Chartwell Retirement Residences’s payout ratio is -358.82%.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.