Chemed (NYSE:CHE) Posts Earnings Results, Misses Expectations By $0.60 EPS

Chemed (NYSE:CHE) posted its earnings results on Wednesday. The company reported $6.42 EPS for the quarter, missing the consensus estimate of $7.02 by ($0.60), FiscalAI reports. The firm had revenue of $639.34 million during the quarter, compared to analyst estimates of $659.09 million. Chemed had a net margin of 11.02% and a return on equity of 25.89%. Chemed updated its FY 2026 guidance to 23.250-24.250 EPS.

Chemed Stock Performance

CHE traded down $1.70 during midday trading on Wednesday, reaching $466.62. 248,918 shares of the company were exchanged, compared to its average volume of 165,704. The company has a market cap of $6.61 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 2.33 and a beta of 0.44. Chemed has a one year low of $408.42 and a one year high of $623.60. The company’s fifty day moving average price is $446.53 and its 200 day moving average price is $444.22.

Chemed Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, February 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, February 23rd. Chemed’s dividend payout ratio (DPR) is currently 12.69%.

Institutional Trading of Chemed

Several institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its stake in Chemed by 330.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 99 shares of the company’s stock valued at $61,000 after buying an additional 76 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Chemed by 67.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 11,365 shares of the company’s stock worth $5,534,000 after acquiring an additional 4,560 shares during the period. Marshall Wace LLP purchased a new position in Chemed in the second quarter worth $579,000. Brown Advisory Inc. grew its stake in Chemed by 36.9% in the 2nd quarter. Brown Advisory Inc. now owns 549 shares of the company’s stock valued at $267,000 after purchasing an additional 148 shares during the period. Finally, Cerity Partners LLC increased its position in shares of Chemed by 237.7% during the 2nd quarter. Cerity Partners LLC now owns 4,451 shares of the company’s stock valued at $2,165,000 after purchasing an additional 3,133 shares during the last quarter. Institutional investors own 95.85% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Chemed from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Chemed in a research note on Wednesday, January 21st. Royal Bank Of Canada dropped their target price on shares of Chemed from $589.00 to $572.00 and set an “outperform” rating for the company in a report on Monday, November 10th. Finally, Zacks Research raised shares of Chemed from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $555.50.

About Chemed

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.