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Investor Insights

This summary was created by AI, based on 17 opinions in the last 12 months.

The reviews from different experts highlight the recovering demand/supply dynamics and the potential for significant growth in the next decade given the demographic tailwinds. The company is also praised for its ability to provide support through the living transition and its strong dividend yield. However, challenges such as lower occupancy and pandemic-related costs are still being faced. Overall, the sentiment is positive with a cautious approach towards potential risks.

Consensus
Positive
Valuation
Undervalued
Similar
Sépia, SEPI3.SA
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
TOP PICK

Demand/supply is what stands out, and recovery in demand. Over-supply of retirement homes going into pandemic, almost non-existent today. Finally seeing baby boomers as prime renters for its homes. Next decade will see big demand growth. Occupancy finally at 85% on road to 95%, compared to peak of 93%. Big 18% discount to NAV. Operates quite well. Yield is 5%.

(Analysts’ price target is $14.50)
property mngmnt / investment
PAST TOP PICK
(A Top Pick Sep 01/23, Up 20%)

People are once again feeling comfortable going into retirement homes. It now has close to a 90% occupancy rate. He is looking for a price target of $14.

property mngmnt / investment
BUY

Homes not only for seniors, but also for those transitioning from owning their own home. Flexible format for this is key. Good job of providing support through the living transition. Fell during Covid, doing better since then. Quality is very good.

One issue is the risk of an event such as Covid. Good story. Good dividend. REIT sector, but in a niche area that has demographic tailwinds over the next several years. We need more of this housing.

property mngmnt / investment
COMMENT

It has a lot of liability as seen during the pandemic. The demographics are good with an aging population but their occupancy rate is still below Covid levels. She prefers Savaria because people want to stay in their homes.

property mngmnt / investment
BUY

Rebounding since interest rates have started to stabilize and fall. A name he likes in the REIT space. Name makes sense based on low vacancy rate, demand for this type of housing. Attractive dividend yield 5.1%, looks very secure. 

property mngmnt / investment
BUY ON WEAKNESS

If interest rates go down, will be good for business (real estate in general). Would wait for share price to fall before buying. Expecting strength going forward. Balance sheets protected. 

property mngmnt / investment
PAST TOP PICK
(A Top Pick Dec 14/22, Up 41%)

Pandemic hit hard with lower occupancy and higher expenses. Still hasn't recovered to level of earnings in 2019. 15x multiple, attractive for a demographically strong business. Still upside on occupancy and operating income. Still attractive today. An income pick.

One knock is 75% payout ratio, but very well supported. A fair amount of leverage, which is standard for real estate companies. Just over the border into investment grade credit rating, and cost of funding is their biggest expense, so they work to keep that manageable. Reasonable outlook for growth. 

property mngmnt / investment
TOP PICK

Space has lagged in recovery post-Covid, with lower occupancy and higher costs. Occupancy recovery not seen until this year, it's now generating down to the bottom line. Distribution sustainability is now obvious. Demographic boom could generate material cashflow growth, increasing NAV. Yield is 6%.

(Analysts’ price target is $13.25)
property mngmnt / investment
BUY

Pandemic costs are waning. Likes the sector demographics. Mainly private pay, recently sold off LTC in Ontario. Targets higher-income households, giving them more flexibility to pass through rising costs.

property mngmnt / investment
TOP PICK

Demand for senior services not going away. Free cash flow getting stronger. Strong dividend yield that is reliable. Occupancy is recovering after Covid-19. Believes share price is presenting value. Seeing room for lots of growth. 

property mngmnt / investment
BUY

Expensive earnings multiple because earnings are still coming off a trough, where occupancy is still recovering. The recovery is beginning in earnest, except where there's an oversupply as in Durham and Ottawa. Wide discount to NAV, debt, yet growing cashflow. If occupancy can improve over the next 6-18 months, investors will be rewarded. Quality portfolio.

property mngmnt / investment
TOP PICK

Expecting healthcare sector to increase in demand.
Strong franchise within the company.
Earnings/cash flow estimates expected to grow at record rate.
Occupancy rates increasing after Covid-19.
Current share price at 20% to NAV - good time to buy.
Expecting a $12 share price in 2024.

property mngmnt / investment
Showing 1 to 15 of 457 entries

Chartwell Retirement Residences(CSH.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 11

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, 11 stock analysts published opinions about CSH.UN-T. 8 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?

11 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 2024-06-21, Chartwell Retirement Residences (CSH.UN-T) stock closed at a price of $12.55.