Shares of Chartwell Retirement Residences (TSE:CSH.UN) have earned a consensus rating of “Buy” from the six research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$16.50.

Several research firms have weighed in on CSH.UN. CIBC boosted their price target on shares of Chartwell Retirement Residences from C$15.75 to C$16.00 in a research note on Tuesday, March 5th. Canaccord Genuity lowered their price target on shares of Chartwell Retirement Residences from C$17.50 to C$17.25 and set a “buy” rating for the company in a research note on Tuesday, March 5th. TD Securities lowered their price target on shares of Chartwell Retirement Residences from C$18.00 to C$17.50 and set a “buy” rating for the company in a research note on Monday, May 13th. Finally, National Bank Financial lowered their price target on shares of Chartwell Retirement Residences from C$16.50 to C$16.00 and set a “sector perform” rating for the company in a research note on Monday, May 13th.

Shares of TSE CSH.UN traded up C$0.09 during mid-day trading on Monday, reaching C$14.79. 161,072 shares of the company were exchanged, compared to its average volume of 254,021. Chartwell Retirement Residences has a 52 week low of C$14.43 and a 52 week high of C$16.50. The company has a debt-to-equity ratio of 221.52, a quick ratio of 0.12 and a current ratio of 0.17. The company has a market capitalization of $3.14 billion and a P/E ratio of 96.04.

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, April 29th. This is an increase from Chartwell Retirement Residences’s previous monthly dividend of $0.05. This represents a $0.60 annualized dividend and a yield of 4.06%. Chartwell Retirement Residences’s payout ratio is currently 383.12%.

Chartwell Retirement Residences Company Profile

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.

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Analyst Recommendations for Chartwell Retirement Residences (TSE:CSH.UN)

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