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Chemed Corp. - CHE STOCK NEWS

Welcome to our dedicated news page for Chemed (Ticker: CHE), a resource for investors and traders seeking the latest updates and insights on Chemed.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Chemed's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Chemed's position in the market.

Rhea-AI Summary
Chemed (CHE) to Release Q1 2024 Financial Results; Conference Call Scheduled for April 25, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
conferences earnings
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Rhea-AI Summary
VITAS Healthcare Corporation, a subsidiary of Chemed Corporation, acquires hospice operations and assisted living facility from Covenant Health and Community Services for $85 million. The transaction spans Florida and Alabama markets and is set to close in the second quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
none
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Rhea-AI Summary
Chemed Corporation (NYSE:CHE) will present at the Oppenheimer 34th Annual Healthcare Conference. The virtual presentation will be webcast live on March 12, 2024, accessible on the Chemed website. Chemed operates VITAS Healthcare and Roto-Rooter, focusing on end-of-life hospice care and plumbing services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
conferences
Rhea-AI Summary
Chemed Corporation (CHE) reported financial results for Q4 2023, showing revenue growth of 7.2%. VITAS segment saw a 13.6% increase in net patient revenue, while Roto-Rooter experienced a 1.1% revenue decline. Chemed had total cash of $264.0 million with no debt as of December 31, 2023. 2024 guidance predicts VITAS revenue to increase by 9.0% to 9.8% and Roto-Rooter revenue to grow by 3.5% to 4.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.4%
Tags
-
Rhea-AI Summary
Chemed Corporation (CHE) declares a quarterly cash dividend of 40 cents per share, maintaining its 211th consecutive quarterly dividend payment. The dividend will be paid on March 15, 2024, to shareholders of record as of February 26, 2024. Chemed, a public company for 52 years, operates VITAS Healthcare and Roto-Rooter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
dividends
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Rhea-AI Summary
Chemed Corporation (CHE) announced the release of financial results for Q4 2023 on February 27, 2024. A conference call is scheduled for February 28, 2024, to discuss quarterly results and business updates. Chemed operates VITAS Healthcare and Roto-Rooter, with a focus on end-of-life hospice care and plumbing services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
conferences earnings
Rhea-AI Summary
Chemed Corporation (NYSE:CHE) to Present at 42nd Annual JPMorgan Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
conferences
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Rhea-AI Summary
Chemed Corporation (NYSE: CHE) appoints Michael D. Witzeman as Chief Financial Officer, effective January 1, 2024, following the retirement of David P. Williams. Mr. Witzeman, currently Chemed’s Vice President and Controller, joined the company in 2005. Chemed Corporation operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
management
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Rhea-AI Summary
Chemed Corporation (NYSE:CHE) will present at the BofA Securities 2023 Virtual Home Care Conference on Monday, December 4, 2023, at 2:10 PM (ET). The presentation will be webcast live and can be accessed through the Chemed website. Chemed operates VITAS Healthcare, the nation's largest provider of end-of-life hospice care, and Roto-Rooter, the nation’s leading provider of plumbing and drain cleaning services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
conferences
Rhea-AI Summary
Chemed Corporation has authorized an additional $300 million for stock repurchase under its existing share repurchase program. The repurchases will be funded through cash generated from operations and utilization of its revolving credit facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
buyback management
Chemed Corp.

NYSE:CHE

CHE Rankings

CHE Stock Data

9.36B
14.83M
2.39%
97.7%
2.98%
Home Health Care Services
Health Care and Social Assistance
Link
US
Cincinnati

About CHE

chemed is a holding company. our wholly owned subsidiaries are vitas and roto-rooter services company. vitas is a healthcare company that specializes in hospice or end of life care for the terminally ill. roto-rooter is the nation's largest provider of plumbing and drain care services.