Chartwell Retirement Residences (TSE:CSH.UN) had its price objective reduced by National Bank Financial from C$16.00 to C$15.50 in a research report released on Monday, BayStreet.CA reports. They currently have a sector perform rating on the stock.
A number of other equities analysts have also commented on the company. TD Securities dropped their price objective on Chartwell Retirement Residences from C$17.50 to C$17.00 and set a buy rating on the stock in a research note on Monday, August 12th. CIBC dropped their price objective on Chartwell Retirement Residences from C$16.00 to C$15.25 in a research note on Monday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Chartwell Retirement Residences presently has a consensus rating of Buy and an average target price of C$16.13.
Shares of Chartwell Retirement Residences stock traded up C$0.03 during trading on Monday, reaching C$14.43. The company’s stock had a trading volume of 214,661 shares, compared to its average volume of 254,021. The company has a debt-to-equity ratio of 263.43, a quick ratio of 0.12 and a current ratio of 0.18. The business’s fifty day moving average price is C$14.65 and its 200-day moving average price is C$14.92. The firm has a market cap of $3.06 billion and a price-to-earnings ratio of -4,810.00. Chartwell Retirement Residences has a one year low of C$13.42 and a one year high of C$15.79.
The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a $0.60 annualized dividend and a yield of 4.16%. Chartwell Retirement Residences’s dividend payout ratio is -20,000.00%.
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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