Chartwell Retirement Residences (TSE:CSH.UN) Receives C$17.64 Average Target Price from Brokerages

Shares of Chartwell Retirement Residences (TSE:CSH.UN) have received an average rating of “Buy” from the seven analysts that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$17.64.

Several analysts have recently weighed in on CSH.UN shares. CIBC increased their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd. TD Securities lifted their price target on shares of Chartwell Retirement Residences from C$19.00 to C$20.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Finally, BMO Capital Markets raised their price objective on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 in a research report on Monday, March 3rd.

Chartwell Retirement Residences Trading Down 1.5 %

Shares of Chartwell Retirement Residences stock opened at C$16.72 on Wednesday. Chartwell Retirement Residences has a 1 year low of C$11.91 and a 1 year high of C$17.69. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The firm has a fifty day moving average price of C$15.99 and a 200 day moving average price of C$15.60. The stock has a market cap of C$4.54 billion, a PE ratio of -98.35 and a beta of 1.12.

Chartwell Retirement Residences Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.61 annualized dividend and a dividend yield of 3.66%. Chartwell Retirement Residences’s dividend payout ratio (DPR) 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.