Chartwell Retirement Residences (CSH.UN) To Go Ex-Dividend on July 31st

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.052 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, July 31st.

Chartwell Retirement Residences Stock Up 0.0%

TSE CSH.UN opened at C$23.20 on Wednesday. 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 has a 1 year low of C$17.28 and a 1 year high of C$23.38. The stock has a market capitalization of C$7.52 billion, a PE ratio of -36,708.86 and a beta of 0.86. The business’s 50-day moving average is C$21.88 and its 200 day moving average is C$21.35.

Chartwell Retirement Residences (TSE:CSH.UN) last announced its earnings results on Thursday, May 7th. The company reported C$0.05 EPS for the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%.The company had revenue of C$314.65 million during the quarter. Sell-side analysts forecast that Chartwell Retirement Residences will post 0.1237392 earnings per share for the current year.

Analyst Upgrades and Downgrades

CSH.UN has been the subject of several research reports. Desjardins increased their target price on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. TD boosted their price objective on shares of Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Canaccord Genuity Group lifted their price objective on Chartwell Retirement Residences from C$24.00 to C$26.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Raymond James Financial lifted their target price on shares of Chartwell Retirement Residences from C$24.50 to C$25.00 and gave the stock a “strong-buy” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada upped their price target on shares of Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$25.82.

Chartwell Retirement Residences Company Profile

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.