Chartwell Retirement Residences (TSE:CSH.UN) Issues Quarterly Earnings Results

Chartwell Retirement Residences (TSE:CSH.UNGet Free Report) released its earnings results on Thursday. The company reported C($0.00) EPS for the quarter, FiscalAI reports. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%.The firm had revenue of C$336.74 million for the quarter.

Chartwell Retirement Residences Stock Down 0.2%

CSH.UN opened at C$22.03 on Friday. The firm’s 50 day simple moving average is C$22.12 and its two-hundred day simple moving average is C$21.43. The company has a market capitalization of C$7.14 billion, a PE ratio of -34,857.59 and a beta of 0.85. Chartwell Retirement Residences has a 1-year low of C$17.90 and a 1-year high of C$23.38. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20.

Chartwell Retirement Residences Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 17th will be given a $0.052 dividend. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a yield of 2.8%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is presently -96,993.67%.

Analyst Ratings Changes

Several research analysts have issued reports on CSH.UN shares. BMO Capital Markets lifted their target price on shares of Chartwell Retirement Residences from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. TD raised their price target on shares of Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Monday, May 11th. National Bank Financial boosted their price objective on shares of Chartwell Retirement Residences from C$25.25 to C$26.50 and gave the stock an “outperform” rating in a report on Monday, May 11th. Desjardins upped their price objective on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, Royal Bank Of Canada increased their target price on Chartwell Retirement Residences from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of C$25.82.

Read Our Latest Analysis on Chartwell Retirement Residences

Chartwell Retirement Residences Company Profile

(Get Free Report)

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.

See Also

Earnings History for Chartwell Retirement Residences (TSE:CSH.UN)

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