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Investor Insights

This summary was created by AI, based on 22 opinions in the last 12 months.

The experts have varying opinions on the performance and prospects of Chartwell Retirement Residences. While some are optimistic about its growth potential and strong performance post-Covid, others are cautious and believe that the stock may have already reached its potential. Overall, the company has seen a recovery in occupancy rates and is making accretive acquisitions, but there are concerns about potential disruption in the retirement space and the cost structure. It is seen as a good income pick with demographic tailwinds over the next several years.

Consensus
Mixed
Valuation
Fair Value
Similar
Savaria,SIS.TO
DON'T BUY
Only now getting back to pre-pandemic highs.

Has done extremely well. This has been an extremely good performance year for long-term-care REITs. Not sure there's much more in terms of capital gains from where we are now. Unless substantial pullback, wouldn't buy now.

property mngmnt / investment
PAST TOP PICK
(A Top Pick Nov 03/23, Up 51%)

Excellent company performance. Post Covid-19 recovery has been very strong. Business continues to remain strong. Will continue to own. Expecting earnings to continue growing. M&A has also been very strong. 

property mngmnt / investment
TOP PICK

Tremendous job filling units since pandemic, occupancy back to near 90%. Leading edge of baby boomer population starting to access this type of product. Discount to NAV. Making great accretive acquisitions, so he expects NAV growth. Great product, high-margin business. Yield is 3.9%.

(Analysts’ price target is $16.96)
property mngmnt / investment
BUY
A buyout possible?

A high-quality company in seniors living, benefiting from aging demographics. Same-location growth is impressive. The stock's momentum can continue. A caveat: the retirement space is vulnerable to disruption, given that no senior looks forward to entering a retirement home. But seniors are healthier now and they have more options. This trend will continue. So competition could enter this space, not now, but in the future. And yes, CSH is attractive to a private buyer. It's possible.

property mngmnt / investment
HOLD
EXE vs. CSH

EXE operates long-term care facilities which require a lot of capital, while CSH is more senior homes. CSH has been divesting lower-return investments to become more of a pure-play. You can charge whatever rent in a market if there's no competition. The seniors' population keeps growing. CSH is paying down debt, which was high a few years ago. In CSH, the easy money has been made, though. It could be a keeper, or take profits.

property mngmnt / investment
PAST TOP PICK
(A Top Pick Aug 16/23, Up 61%)

It was just too cheap before and there is a return to occupancy post Covid. With good M&A it is still growing but down a bit.

property mngmnt / investment
BUY

Likes this space, because there's a shortage of beds for the elderly. Costs have already been spent to avoid the major problems companies like this faced during Covid. CSH can continue to increase beds, but also offer living spaces and companionship to the elderly when they move out of their homes into CSH facilities. There remains a shortage of beds, so there's good growth ahead. Also, regulatory changes won't be rapid like they were during Covid, should they occur.

property mngmnt / investment
PAST TOP PICK
(A Top Pick Aug 16/23, Up 40%)

Story's played itself out halfway. Accretive acquisition in June, which enhances quality and lowers age of its portfolio by about 3 years. Still bullish on seniors housing. Further gains from occupancy and rent increases. Not cheap (17x) versus other REITs, but he still models 27% growth rate. So on price to growth, still very much works.

property mngmnt / investment
HOLD

He does not own real estate - it is interest rate sensitive. There are a couple of office real estate companies that they're watching for a bottom. He has been looking at this company but is concerned about the cost structure part due to patient care which can be tough on expenses.

property mngmnt / investment
HOLD

Neutral. Valuation's OK. Right point in the ecosystem. Retirement residences are a structurally growing part of the market. But you're more beholden in the short term on individual capital allocations, which are fine for this name.

It's more a question of do you want to be in REITs in the first place? Instead, you probably want to focus on utilities.

property mngmnt / investment
HOLD

Good place to be. One of the top-performing REITs in the space. Lots of tailwinds in the sector, especially after Covid. High on the list of companies that pensions or private equity may take private.

property mngmnt / investment
PAST TOP PICK
(A Top Pick Apr 16/24, Up 7%)

Falling interest rates makes dividend stocks like this attractive. Also, the populating is aging and will need retirement residences, which are undersupplied. CSH's occupancy rate is high-80's% and he predicts around 95% in a year. They pay a near 5% dividend yield and have growth as they build 3-4 homes.

property mngmnt / investment
DON'T BUY

Does not own shares, or any real estate REIT companies. Rising interest rates, and Covid-19 pandemic have been very hard on REIT companies. Retirement homes continue to rise in demand, but not investing at this time. 

property mngmnt / investment
TOP PICK

Upscale to mid-market retirement homes. Premier operator. Demographic wave. 80+ age cohort in Canada will grow 4.3% per year for the next 20 years. Limited new supply of 1%, and there's already a deficit of housing. Occupancy of 86%, on path for 95% by end of next year. Every 1% of occupancy equals over $8M in revenue. Great path to increase NAV. Compelling supply/demand backdrop in favour of landlords. Yield is 5%.

(Analysts’ price target is $15.10)
property mngmnt / investment
TOP PICK

He's shifted investments from multi-family units to retirement. Canadians are aging and will need home. There's a shortage. It's in an unregulated sector, so rental rates can increase. Likes this because CSH makes homes, not long-term care. Occupancy rate is now 86%, and he predicts 90% by year's end, then above 90% in 2025. This organic growth will increase cash flow.

(Analysts’ price target is $14.60)
property mngmnt / investment
Showing 1 to 15 of 469 entries

Chartwell Retirement Residences(CSH.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 17

Stockchase rating for Chartwell Retirement Residences 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 Retirement Residences(CSH.UN-T) Frequently Asked Questions

What is Chartwell Retirement Residences stock symbol?

Chartwell Retirement Residences 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 Retirement Residences a buy or a sell?

In the last year, 17 stock analysts published opinions about CSH.UN-T. 11 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chartwell Retirement Residences.

Is Chartwell Retirement Residences a good investment or a top pick?

Chartwell Retirement Residences was recommended as a Top Pick by on . Read the latest stock experts ratings for Chartwell Retirement Residences.

Why is Chartwell Retirement Residences 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 Retirement Residences worth watching?

17 stock analysts on Stockchase covered Chartwell Retirement Residences In the last year. It is a trending stock that is worth watching.

What is Chartwell Retirement Residences stock price?

On 2024-12-11, Chartwell Retirement Residences (CSH.UN-T) stock closed at a price of $15.95.