U.S. Physical Therapy, Inc. (NYSE:USPH) Announces $0.44 Quarterly Dividend

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Tuesday, November 5th, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.44 per share on Friday, December 6th. This represents a $1.76 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Friday, November 15th.

U.S. Physical Therapy has increased its dividend by an average of 75.2% annually over the last three years. U.S. Physical Therapy has a dividend payout ratio of 60.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect U.S. Physical Therapy to earn $2.95 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 59.7%.

U.S. Physical Therapy Trading Up 17.7 %

Shares of NYSE:USPH opened at $97.10 on Thursday. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 91.60, a PEG ratio of 3.93 and a beta of 1.38. U.S. Physical Therapy has a 12 month low of $76.18 and a 12 month high of $113.63. The company’s fifty day simple moving average is $83.21 and its 200 day simple moving average is $91.53. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.28.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.01. The firm had revenue of $168.03 million for the quarter, compared to the consensus estimate of $163.97 million. U.S. Physical Therapy had a return on equity of 8.18% and a net margin of 4.06%. As a group, research analysts forecast that U.S. Physical Therapy will post 2.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on USPH shares. Barrington Research restated an “outperform” rating and issued a $108.00 target price on shares of U.S. Physical Therapy in a research note on Wednesday, October 9th. Bank of America reissued a “neutral” rating and issued a $90.00 price objective (down previously from $114.00) on shares of U.S. Physical Therapy in a research report on Monday, October 7th. Finally, StockNews.com raised shares of U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 21st.

Insider Activity at U.S. Physical Therapy

In related news, COO Graham D. Reeve sold 1,724 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total value of $142,230.00. Following the completion of the transaction, the chief operating officer now directly owns 7,038 shares of the company’s stock, valued at approximately $580,635. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other U.S. Physical Therapy news, Director Kathleen A. Gilmartin acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was bought at an average cost of $86.09 per share, with a total value of $172,180.00. Following the completion of the transaction, the director now directly owns 18,904 shares in the company, valued at approximately $1,627,445.36. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Graham D. Reeve sold 1,724 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $82.50, for a total value of $142,230.00. Following the transaction, the chief operating officer now directly owns 7,038 shares in the company, valued at $580,635. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.