Analysts Set Chartwell Retirement Residences (TSE:CSH.UN) PT at C$17.64

Chartwell Retirement Residences (TSE:CSH.UN) has been assigned an average rating of “Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$17.64.

A number of brokerages have recently commented on CSH.UN. BMO Capital Markets increased their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 in a research note on Monday, March 3rd. TD Securities increased their target price on Chartwell Retirement Residences from C$19.00 to C$20.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, CIBC upped their price objective on Chartwell Retirement Residences from C$19.00 to C$20.00 in a research note on Monday, March 3rd.

Chartwell Retirement Residences Price Performance

Shares of TSE:CSH.UN opened at C$16.70 on Friday. Chartwell Retirement Residences has a one year low of C$11.91 and a one 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 company has a market cap of C$4.53 billion, a price-to-earnings ratio of -98.24 and a beta of 1.12. The firm has a 50 day simple moving average of C$16.51 and a 200 day simple moving average of C$15.85.

Chartwell Retirement Residences Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were given a dividend of $0.051 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.61 dividend on an annualized basis 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.