Chemed Corporation (CHE)

NYSE: CHE · IEX Real-Time Price · USD
597.42
-6.75 (-1.12%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-1.12%
Market Cap 9.04B
Revenue (ttm) 2.26B
Net Income (ttm) 272.51M
Shares Out 15.14M
EPS (ttm) 17.93
PE Ratio 33.32
Forward PE 25.15
Dividend $1.60 (0.27%)
Ex-Dividend Date Feb 23, 2024
Volume 68,209
Open 604.08
Previous Close 604.17
Day's Range 595.69 - 605.51
52-Week Range 492.84 - 654.62
Beta 0.42
Analysts Buy
Price Target 681.00 (+13.99%)
Earnings Date Apr 24, 2024

About CHE

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in VITAS and Roto-Rooter segments. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincin... [Read more]

Sector Healthcare
CEO Kevin J. McNamara
Employees 15,087
Stock Exchange NYSE
Ticker Symbol CHE
Full Company Profile

Financial Performance

In 2023, Chemed's revenue was $2.26 billion, an increase of 6.06% compared to the previous year's $2.13 billion. Earnings were $272.51 million, an increase of 9.17%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CHE stock is "Buy." The 12-month stock price forecast is $681.0, which is an increase of 13.99% from the latest price.

Price Target
$681.0
(13.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

VITAS Completes the Previously Announced Purchase of Assets of Covenant in Florida and Alabama

CINCINNATI--(BUSINESS WIRE)--VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE) announced the completion of the previously announced purchase of all h...

1 day ago - Business Wire

Chemed To Report First-Quarter 2024 Earnings April 24, Related Conference Call To Be Held On April 25

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the first quarter ended March 31, 2024, on Wednesday, April 24, 2024, following t...

17 days ago - Business Wire

VITAS To Buy Hospice Assets of Covenant Care in Florida and Alabama

CINCINNATI--(BUSINESS WIRE)--VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE), announced it entered into an agreement on March 12, 2024 to acquire a...

5 weeks ago - Business Wire

Chemed Corporation to Present at the Oppenheimer 34th Annual Healthcare Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a virtual presentation at the Oppenheimer 34th Annual Healthcare Conference on Tuesday, March 12, 2024, ...

5 weeks ago - Business Wire

Chemed Reports Fourth-Quarter 2023 Results

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, t...

7 weeks ago - Business Wire

Chemed Corporation Declares Quarterly Dividend of 40 Cents

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has declared a quarterly cash dividend of 40-cents per share on the Company's capital stock, paya...

2 months ago - Business Wire

Chemed To Report Fourth-Quarter 2023 Earnings February 27, Related Conference Call To Be Held On February 28

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the fourth quarter ended December 31, 2023, on Tuesday, February 27, 2024, follow...

2 months ago - Business Wire

Chemed Corporation to Present at the 42nd Annual JPMorgan Healthcare Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a presentation at the 42nd Annual JPMorgan Healthcare Conference on Monday, January 8, 2024, at approxim...

3 months ago - Business Wire

Three-Stock Lunch: Cintas, Chemed and CrowdStrike

David Wagner, portfolio manager at Aptus Capital Advisors, joins 'Power Lunch' to discuss three stocks: Cintas, Chemed and CrowdStrike.

Other symbols: CRWDCTAS
4 months ago - CNBC Television

Chemed Corporation Announces the Appointment of Michael D. Witzeman as CFO

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) – Today Chemed Corporation's Board of Directors has appointed Michael D. Witzeman as Chief Financial Officer, effective January 1, 2024, fol...

4 months ago - Business Wire

Chemed Corporation to Present at the BofA Securities 2023 Virtual Home Care Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will present at the BofA Securities 2023 Virtual Home Care Conference on Monday, December 4, 2023, at 2:10 PM (ET). T...

5 months ago - Business Wire

Chemed Corporation's Board of Directors Authorizes an Additional $300 Million for Stock Repurchase

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has formally authorized an additional $300 million for stock repurchase under Chemed's existing s...

5 months ago - Business Wire

Chemed Corporation Announces the Retirement of David P. Williams

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) – After more than three decades, Executive Vice President and Chief Financial Officer David P. Williams has announced that he will retire as...

5 months ago - Business Wire

Chemed Reports Third-Quarter 2023 Results – Increases Full Year Guidance

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, t...

6 months ago - Business Wire

Chemed To Report Third-Quarter 2023 Earnings October 25, Related Conference Call To Be Held On October 26

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the third quarter ended September 30, 2023, on Wednesday, October 25, 2023, follo...

6 months ago - Business Wire

Chemed Reports Second-Quarter 2023 Results

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, t...

9 months ago - Business Wire

Chemed To Report Second-Quarter 2023 Earnings July 26, Related Conference Call To Be Held On July 27

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the second quarter ended June 30, 2023, on Wednesday, July 26, 2023, following th...

10 months ago - Business Wire

Chemed Corporation to Present at the Jefferies 2023 Healthcare Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will deliver a presentation at the Jefferies 2023 Healthcare Conference on Thursday, June 8, 2023, at approximately ...

11 months ago - Business Wire

Chemed Corporation Holds Annual Meeting of Stockholders; Board Declares Quarterly Dividend

CINCINNATI--(BUSINESS WIRE)--Stockholders of Chemed Corporation (NYSE:CHE) today elected a slate of 10 directors at the Company's 2023 annual stockholders' meeting. New to the Board is Eileen McCarthy...

Other symbols: PATH
1 year ago - Business Wire

Chemed Corporation to Present at the 2023 RBC Global Healthcare Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a presentation at the RBC Capital Markets Global Healthcare Conference on Wednesday, May 17, 2023, at ap...

1 year ago - Business Wire

Chemed Corporation to Present at the Bank of America Merrill Lynch 2023 Health Care Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a presentation at the Bank of America Merrill Lynch 2023 Health Care Conference on Wednesday, May 10, 20...

1 year ago - Business Wire

Chemed Reports First-Quarter 2023 Results

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, t...

1 year ago - Business Wire

Chemed To Report First-Quarter 2023 Earnings April 26, Related Conference Call To Be Held On April 27

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the first quarter ended March 31, 2023, on Wednesday, April 26, 2023, following t...

1 year ago - Business Wire

Chemed Corporation to Present at the Oppenheimer 33rd Annual Healthcare Conference

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) today announced that it will deliver a virtual presentation at the Oppenheimer 33rd Annual Healthcare Conference on Tuesday, March 14, 2023, ...

1 year ago - Business Wire

Chemed Reports Fourth-Quarter 2022 Results

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation's largest providers of end-of-life care, and Roto-Rooter, t...

1 year ago - Business Wire