Select Medical Holdings Corporation (NYSE:SEM – Get Free Report) announced a quarterly dividend on Thursday, February 12th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.0625 per share by the health services provider on Thursday, March 12th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, March 2nd.
Select Medical has a dividend payout ratio of 19.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Select Medical to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 17.7%.
Select Medical Price Performance
NYSE SEM traded up $0.02 during mid-day trading on Friday, hitting $14.94. The stock had a trading volume of 916,343 shares, compared to its average volume of 974,834. The firm’s 50 day moving average is $15.28 and its 200 day moving average is $14.16. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 0.85 and a beta of 1.25. Select Medical has a twelve month low of $11.65 and a twelve month high of $18.60.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada cut their price target on Select Medical from $20.00 to $19.00 and set an “outperform” rating for the company in a report on Monday. Zacks Research lowered Select Medical from a “hold” rating to a “strong sell” rating in a report on Thursday. Weiss Ratings raised shares of Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Wall Street Zen downgraded shares of Select Medical from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Mizuho set a $17.00 price target on shares of Select Medical in a research note on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $16.25.
View Our Latest Stock Report on SEM
Select Medical Company Profile
Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.
Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.
Recommended Stories
- Five stocks we like better than Select Medical
- 3 Signs You May Want to Switch Financial Advisors
- Unlocked: Elon Musk’s Next Big IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Man Who Predicted the iPhone Says Buy These 3 Companies
Receive News & Ratings for Select Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical and related companies with MarketBeat.com's FREE daily email newsletter.
