Chartwell Retirement Residences (TSE:CSH.UN) Stock Price Passes Above Two Hundred Day Moving Average of $10.78

Chartwell Retirement Residences (TSE:CSH.UNGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.78 and traded as high as C$12.04. Chartwell Retirement Residences shares last traded at C$11.87, with a volume of 265,369 shares traded.

Analyst Ratings Changes

Several brokerages recently issued reports on CSH.UN. Royal Bank of Canada increased their target price on shares of Chartwell Retirement Residences from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. TD Securities increased their target price on shares of Chartwell Retirement Residences from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Monday, November 13th. CIBC raised their price objective on shares of Chartwell Retirement Residences from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Finally, Scotiabank lifted their target price on shares of Chartwell Retirement Residences from C$12.50 to C$14.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Chartwell Retirement Residences currently has a consensus rating of “Buy” and an average price target of C$13.30.

Check Out Our Latest Analysis on CSH.UN

Chartwell Retirement Residences Price Performance

The business’s 50-day moving average price is C$11.59 and its 200 day moving average price is C$10.78. The company has a quick ratio of 0.07, a current ratio of 0.08 and a debt-to-equity ratio of 266.20. The company has a market capitalization of C$2.84 billion, a P/E ratio of -593.50 and a beta of 1.12.

Chartwell Retirement Residences Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 15th will be given a $0.051 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.16%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is currently -3,050.00%.

About Chartwell Retirement Residences

(Get Free Report)

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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