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Chemed Corp - CHE STOCK NEWS

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

Chemed Corp (NYSE: CHE) delivers essential services through two core divisions: VITAS Healthcare, a leader in hospice and palliative care, and Roto-Rooter, the nation's largest plumbing and drain cleaning provider. This news hub provides timely updates on corporate developments, financial performance, and operational milestones across both sectors.

Investors and industry observers will find comprehensive coverage of earnings reports, strategic acquisitions, leadership changes, and regulatory updates. The page also tracks service expansions in end-of-life care programs and infrastructure maintenance innovations, offering insights into how Chemed maintains its dual-market leadership.

All content is curated to help stakeholders monitor the company's progress in healthcare compassion and technical service reliability. Bookmark this page for direct access to press releases, analyst commentaries, and market-moving announcements from Chemed Corporation.

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Chemed (CHE) to Release Q1 2024 Financial Results; Conference Call Scheduled for April 25, 2024
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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.
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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.
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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%.
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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.
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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.
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Chemed Corporation (NYSE:CHE) to Present at 42nd Annual JPMorgan Healthcare Conference
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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.
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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.
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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.
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Chemed Corp

NYSE:CHE

CHE Rankings

CHE Stock Data

8.50B
14.32M
2.17%
97.14%
2.03%
Medical Care Facilities
Services-home Health Care Services
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United States
CINCINNATI