Chartwell Retirement Residences (TSE:CSH.UN) Given Consensus Rating of “Buy” by Brokerages

Shares of Chartwell Retirement Residences (TSE:CSH.UN) have been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$17.21.

Several analysts have recently commented on CSH.UN shares. 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 report on Thursday, January 30th. 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. Finally, CIBC upped their price objective on Chartwell Retirement Residences from C$16.50 to C$19.00 in a research note on Monday, November 18th.

Chartwell Retirement Residences Price Performance

TSE CSH.UN opened at C$16.33 on Friday. 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$11.76 and a 12 month high of C$16.50. The stock has a market cap of C$4.43 billion, a price-to-earnings ratio of -96.06 and a beta of 1.12. The company’s 50 day moving average is C$15.59 and its two-hundred day moving average is C$15.17.

Chartwell Retirement Residences Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th will be issued a $0.051 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.61 annualized dividend and a dividend yield of 3.75%. 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.