Chemed Corporation (NYSE:CHE) Receives $498.00 Consensus Target Price from Analysts

Shares of Chemed Corporation (NYSE:CHE) have been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $498.00.

CHE has been the subject of several analyst reports. Jefferies Financial Group lowered shares of Chemed from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Chemed in a research note on Wednesday, January 21st. Royal Bank Of Canada restated a “sector perform” rating and issued a $422.00 target price (down from $572.00) on shares of Chemed in a report on Friday, February 27th. Finally, Oppenheimer decreased their price target on Chemed from $580.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, February 27th.

Chemed Stock Performance

CHE stock opened at $411.66 on Monday. The company has a market capitalization of $5.67 billion, a P/E ratio of 22.41, a PEG ratio of 1.58 and a beta of 0.46. The company has a fifty day moving average price of $445.16 and a 200-day moving average price of $443.33. Chemed has a 52-week low of $385.00 and a 52-week high of $623.60.

Chemed (NYSE:CHE) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $6.42 earnings per share for the quarter, missing analysts’ consensus estimates of $7.02 by ($0.60). The company had revenue of $639.34 million during the quarter, compared to analyst estimates of $659.09 million. Chemed had a net margin of 10.48% and a return on equity of 25.66%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.83 earnings per share. Chemed has set its FY 2026 guidance at 23.250-24.250 EPS. As a group, sell-side analysts forecast that Chemed will post 21.43 earnings per share for the current fiscal year.

Chemed Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, February 23rd will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $2.40 annualized dividend and a yield of 0.6%. Chemed’s dividend payout ratio (DPR) is currently 13.06%.

Hedge Funds Weigh In On Chemed

A number of institutional investors and hedge funds have recently modified their holdings of CHE. Caitong International Asset Management Co. Ltd increased its stake in shares of Chemed by 50.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 245 shares of the company’s stock valued at $105,000 after acquiring an additional 82 shares in the last quarter. Monetary Solutions Ltd bought a new stake in Chemed in the fourth quarter valued at $25,000. Alberta Investment Management Corp bought a new stake in Chemed in the fourth quarter valued at $1,241,000. Mercer Global Advisors Inc. ADV raised its holdings in shares of Chemed by 29.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,939 shares of the company’s stock valued at $1,258,000 after purchasing an additional 673 shares during the period. Finally, EP Wealth Advisors LLC bought a new position in shares of Chemed during the 4th quarter worth about $451,000. 95.85% of the stock is currently owned by institutional investors.

Chemed Company Profile

Chemed Corporation is a diversified provider of essential home services and healthcare solutions in the United States. Headquartered in Cincinnati, Ohio, the company operates through two principal business segments—Roto-Rooter and Vitas Healthcare. Since its founding in 1974, Chemed has built a reputation for reliability and expertise, serving both residential and commercial customers across a broad range of markets.

The Roto-Rooter segment offers a comprehensive suite of plumbing, drain cleaning and water restoration services.