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

Shares of Chartwell Retirement Residences (TSE:CSH.UN) have earned an average rating of “Buy” from the six analysts that are covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$17.08.

CSH.UN has been the subject of several analyst reports. CIBC boosted their target price on Chartwell Retirement Residences from C$16.50 to C$19.00 in a report on Monday, November 18th. TD Securities boosted their price objective on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, Scotiabank raised their target price on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research note on Wednesday, September 11th.

Chartwell Retirement Residences Price Performance

Shares of CSH.UN opened at C$15.23 on Friday. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. The firm has a market cap of C$4.13 billion, a PE ratio of -89.59 and a beta of 1.12. Chartwell Retirement Residences has a twelve month low of C$11.28 and a twelve month high of C$16.31. The firm’s 50 day moving average price is C$15.69 and its 200 day moving average price is C$14.51.

Chartwell Retirement Residences Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were given a $0.051 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.61 annualized dividend and a yield of 4.02%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is currently -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.