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

Chartwell Retirement Residences (TSE:CSH.UN) has been assigned a consensus rating of “Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. Nine analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$25.77.

Separately, ATB Cormark Capital Markets decreased their target price on shares of Chartwell Retirement Residences from C$25.50 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 12th.

Chartwell Retirement Residences Price Performance

TSE CSH.UN traded down C$0.01 on Friday, reaching C$20.22. 4,671 shares of the company’s stock traded hands, compared to its average volume of 446,652. The stock has a market cap of C$6.64 billion, a PE ratio of 1,092.32 and a beta of 0.80. Chartwell Retirement Residences has a 12 month low of C$18.85 and a 12 month high of C$23.38. The stock has a 50-day simple moving average of C$21.54 and a 200 day simple moving average of C$21.32. 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 (TSE:CSH.UN) last announced its quarterly earnings data on Thursday, August 6th. The company reported C($0.00) earnings per share for the quarter. Chartwell Retirement Residences had a net margin of 17.92% and a negative return on equity of 4.61%. The firm had revenue of C$336.74 million during the quarter. As a group, research analysts predict that Chartwell Retirement Residences will post 0.1237392 earnings per share for the current year.

Chartwell Retirement Residences Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 17th were paid a dividend of $0.052 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, July 31st. Chartwell Retirement Residences’s dividend payout ratio (DPR) is 3,327.75%.

About Chartwell Retirement Residences

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. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.