Chartwell Seniors Housing

CSH.UN-T

TSE:CSH.UN

10.18
0.16 (1.60%)
Chartwell Retirement Residences is the largest participant in the Canadian seniors housing sector, with nearly 180 locations across Quebec, Ontario, Alberta, and British Columbia.
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Analysis and Opinions about CSH.UN-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
August 21, 2020
There has been negativity in the news with long-term care facilities in general. 90% of their revenues comes from private pay retirement residences. Their FFO growth has not been strong due to lower occupancy and costs due to covid. They have good tailwinds and occupancy will go back up. (Analysts’ price target is $11.79)
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There has been negativity in the news with long-term care facilities in general. 90% of their revenues comes from private pay retirement residences. Their FFO growth has not been strong due to lower occupancy and costs due to covid. They have good tailwinds and occupancy will go back up. (Analysts’ price target is $11.79)
BUY
BUY
August 17, 2020
He doesn't like REITs. Commercial residential ones will be hard-pressed for a long time, but he actually added to CSH the other day. Why? Not everybody can do seniors housing, and CSH's latest report said that overall occupancy wasn't bad. CSH trades at a cheap 11.8x 2021 with a 73% 2021 payout ratio. Their 6% dividend is paying you well and safe. He expects the next two quarters to be tough, but will recover in 2021. Fine value.
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He doesn't like REITs. Commercial residential ones will be hard-pressed for a long time, but he actually added to CSH the other day. Why? Not everybody can do seniors housing, and CSH's latest report said that overall occupancy wasn't bad. CSH trades at a cheap 11.8x 2021 with a 73% 2021 payout ratio. Their 6% dividend is paying you well and safe. He expects the next two quarters to be tough, but will recover in 2021. Fine value.
BUY
BUY
August 11, 2020
The demographics are attractive in seniors housing and this won't go away. The pandemic did strain long-term care homes, but CSH has only 10% in this area. Their main business are luxury retirement homes. Their occupancy rate did decline because tours and move-ins were forbidden during the lockdown, but each week since the lockdown occupancy slightly climbs. Occupancy should improve going forward. Seniors continue to need help in accommodation. CSH has had to spend more on PPP equipment in response to the pandemic. The industry has learned a lot from the pandemic and will be better prepared if there's a second wave. The Ontario government has announced funding programs to address deficiencies in LTCs.
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The demographics are attractive in seniors housing and this won't go away. The pandemic did strain long-term care homes, but CSH has only 10% in this area. Their main business are luxury retirement homes. Their occupancy rate did decline because tours and move-ins were forbidden during the lockdown, but each week since the lockdown occupancy slightly climbs. Occupancy should improve going forward. Seniors continue to need help in accommodation. CSH has had to spend more on PPP equipment in response to the pandemic. The industry has learned a lot from the pandemic and will be better prepared if there's a second wave. The Ontario government has announced funding programs to address deficiencies in LTCs.
DON'T BUY
DON'T BUY
August 10, 2020
She once owned it. The retirement sector was weak even before COVID due to oversupply of seniors' housing in Canada. (CSH has only 15% exposed to long-term care.) She expects ongoing occupancy decline, and with COVID expenses will impact their 2020 revenues. This stock is on hold, though the seniors housing sector is attractive long-term. The stock will stay cheap until COVID is resolved and the oversupply ends.
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She once owned it. The retirement sector was weak even before COVID due to oversupply of seniors' housing in Canada. (CSH has only 15% exposed to long-term care.) She expects ongoing occupancy decline, and with COVID expenses will impact their 2020 revenues. This stock is on hold, though the seniors housing sector is attractive long-term. The stock will stay cheap until COVID is resolved and the oversupply ends.
BUY
BUY
July 16, 2020
Industry hard hit with Covid. Chartwell's handled it quite well. Government is putting money into long term care. A needs driven industry, and this need still exists. 90% of income is from private care, with a more affluent client base. With reopening, tours have restarted so occupancy rates will stabilize.
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Industry hard hit with Covid. Chartwell's handled it quite well. Government is putting money into long term care. A needs driven industry, and this need still exists. 90% of income is from private care, with a more affluent client base. With reopening, tours have restarted so occupancy rates will stabilize.
BUY
BUY
July 13, 2020

CSH.UN vs. Sienna A tough call. He owns both. Loves their yields and their valuations have plunged. Nursing homes remain a growth area. Sienna has more problems than Chartwell--Sienna was faulted in the Canadian army report about seniors' deaths in their homes. Chartwell is the stronger play, due to fewer cases in their homes. Both are hamstrung now, because they can't offer tours to prospective clients or allow visitors. This will effect occupancy rates in the short term. (His mother is in a retirement home.)

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CSH.UN vs. Sienna A tough call. He owns both. Loves their yields and their valuations have plunged. Nursing homes remain a growth area. Sienna has more problems than Chartwell--Sienna was faulted in the Canadian army report about seniors' deaths in their homes. Chartwell is the stronger play, due to fewer cases in their homes. Both are hamstrung now, because they can't offer tours to prospective clients or allow visitors. This will effect occupancy rates in the short term. (His mother is in a retirement home.)

BUY
BUY
July 9, 2020
You have to be picky in this space, so he likes this high quality one. He added during the March downturn. There's growth demand, and supply is not catching up. Nice yield. Good long term.
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You have to be picky in this space, so he likes this high quality one. He added during the March downturn. There's growth demand, and supply is not catching up. Nice yield. Good long term.
COMMENT
COMMENT
June 25, 2020

SIA-T vs. CSH.UN-T. It was sad what the pandemic has done in the long term care sector. Sienna has had to make some difficult management changes. This is an important needs-based sector in Canada. In Ontario the government has to look how they can properly fund that business. With question marks on the horizon, he would focus on CSH.UN-T because it does not depend on government finding as much. They have done a phenomenal job during the pandemic.

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SIA-T vs. CSH.UN-T. It was sad what the pandemic has done in the long term care sector. Sienna has had to make some difficult management changes. This is an important needs-based sector in Canada. In Ontario the government has to look how they can properly fund that business. With question marks on the horizon, he would focus on CSH.UN-T because it does not depend on government finding as much. They have done a phenomenal job during the pandemic.

BUY
BUY
June 24, 2020
They have owned this for a number of years. She has been in regular contact with their management since COVID-19 lock downs. Only about 10% of their income comes from long term care. Longer term this sector is attractive due to an aging demographic. They have handled the crisis well. She is not sure if short term growth will continue as most locations are not allowed to offer tours presently and vacancy rates are increasing as a result. She has been putting new customer money into Chartwell over the past few weeks. Yield 6%
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They have owned this for a number of years. She has been in regular contact with their management since COVID-19 lock downs. Only about 10% of their income comes from long term care. Longer term this sector is attractive due to an aging demographic. They have handled the crisis well. She is not sure if short term growth will continue as most locations are not allowed to offer tours presently and vacancy rates are increasing as a result. She has been putting new customer money into Chartwell over the past few weeks. Yield 6%
BUY
BUY
June 9, 2020
Concerns about the Canadian army report which implicated Sienna Senior Living and other operators for mistreating seniors He owns Chartwell instead and likes it for its 6.5%+ dividend. There's a shortage of seniors housing long term, so you need a long-term outlook like 5-10 years. Demand will remain good. Be patient and collect the dividend.
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Concerns about the Canadian army report which implicated Sienna Senior Living and other operators for mistreating seniors He owns Chartwell instead and likes it for its 6.5%+ dividend. There's a shortage of seniors housing long term, so you need a long-term outlook like 5-10 years. Demand will remain good. Be patient and collect the dividend.
WAIT
WAIT
June 5, 2020
Dividend safe? This sector is a the heart of pandemic concerns. He is watching this, but has not yet purchased. He thinks the dividend is safe as long as there is not a second wave in the pandemic. This is a well respected company in the space. It is too early to tell.
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Dividend safe? This sector is a the heart of pandemic concerns. He is watching this, but has not yet purchased. He thinks the dividend is safe as long as there is not a second wave in the pandemic. This is a well respected company in the space. It is too early to tell.
COMMENT
COMMENT
June 5, 2020

People are now fishing for companies that were the most beaten up -- like airlines, etc. The long term thesis is still good for this space, but he sees other ways to play this. He would favour CSH.UN instead.

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People are now fishing for companies that were the most beaten up -- like airlines, etc. The long term thesis is still good for this space, but he sees other ways to play this. He would favour CSH.UN instead.

SELL
SELL
May 14, 2020

CSH.UN-T vs. SU-T. They seem to have nothing relating to one another. Both have had a difficult time. There is a logical answer to this. Falling interest rates are the single biggest supporter of real estate values. We are at or near generational lows in interest rates. If you saw reflation then commodity assets would start to participate. He would own SU-T or CNQ-T if he were to own something in energy. He owns SU-T. He would sell CHR.UN-T in order to buy SU-T.

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CSH.UN-T vs. SU-T. They seem to have nothing relating to one another. Both have had a difficult time. There is a logical answer to this. Falling interest rates are the single biggest supporter of real estate values. We are at or near generational lows in interest rates. If you saw reflation then commodity assets would start to participate. He would own SU-T or CNQ-T if he were to own something in energy. He owns SU-T. He would sell CHR.UN-T in order to buy SU-T.

HOLD
HOLD
May 13, 2020
Exposed to LT care? They own this one. As there have been deaths in long term care units, there is concern. Their level of care is very high to residents. As most units are in lockdown presently, their occupancy is declining. This will be difficult for senior housing for sure. She trusts their protocols for residents and employees. They will continue to hold.
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Exposed to LT care? They own this one. As there have been deaths in long term care units, there is concern. Their level of care is very high to residents. As most units are in lockdown presently, their occupancy is declining. This will be difficult for senior housing for sure. She trusts their protocols for residents and employees. They will continue to hold.
COMMENT
COMMENT
May 13, 2020

She does not own Sienna. Their mix of long term care homes is much larger than others in the space. She has chosen Chartwell instead.

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She does not own Sienna. Their mix of long term care homes is much larger than others in the space. She has chosen Chartwell instead.

Showing 1 to 15 of 390 entries

Chartwell Seniors Housing(CSH.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 15

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 20

Stockchase rating for Chartwell Seniors Housing is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chartwell Seniors Housing(CSH.UN-T) Frequently Asked Questions

What is Chartwell Seniors Housing stock symbol?

Chartwell Seniors Housing is a Canadian stock, trading under the symbol CSH.UN-T on the Toronto Stock Exchange (CSH-UN-CT). It is usually referred to as TSX:CSH.UN or CSH.UN-T

Is Chartwell Seniors Housing a buy or a sell?

In the last year, 20 stock analysts published opinions about CSH.UN-T. 15 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Chartwell Seniors Housing.

Is Chartwell Seniors Housing a good investment or a top pick?

Chartwell Seniors Housing was recommended as a Top Pick by Chris Blumas on 2020-08-21. Read the latest stock experts ratings for Chartwell Seniors Housing.

Why is Chartwell Seniors Housing stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chartwell Seniors Housing worth watching?

20 stock analysts on Stockchase covered Chartwell Seniors Housing In the last year. It is a trending stock that is worth watching.

What is Chartwell Seniors Housing stock price?

On 2020-09-28, Chartwell Seniors Housing (CSH.UN-T) stock closed at a price of $10.18.