Select Medical (NYSE:SEM) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Select Medical Holdings Corporation (NYSE:SEM) saw strong trading volume on Thursday . 3,278,618 shares traded hands during trading, an increase of 93% from the previous session’s volume of 1,700,386 shares.The stock last traded at $16.5450 and had previously closed at $16.57.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SEM. Mizuho reissued a “neutral” rating and issued a $16.50 price target (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $16.50 price objective (down from $19.00) on shares of Select Medical in a report on Tuesday, March 3rd. Wall Street Zen lowered shares of Select Medical from a “buy” rating to a “hold” rating in a research note on Monday, March 9th. Benchmark cut shares of Select Medical from a “buy” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Weiss Ratings upgraded Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $15.50.

Select Medical Stock Performance

The stock has a market capitalization of $2.05 billion, a P/E ratio of 15.60, a PEG ratio of 0.95 and a beta of 1.01. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.88. The company has a 50-day moving average price of $16.51 and a two-hundred day moving average price of $15.93.

Select Medical (NYSE:SEM) last issued its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.07). Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the firm posted $0.44 EPS. Select Medical’s revenue was up 5.0% on a year-over-year basis. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Equities analysts expect that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.

Select Medical Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, May 14th. Select Medical’s dividend payout ratio is currently 23.58%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEM. Quarry LP bought a new stake in Select Medical during the fourth quarter valued at approximately $26,000. Quantbot Technologies LP bought a new position in shares of Select Medical in the 3rd quarter worth $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Select Medical during the 4th quarter valued at $28,000. Hantz Financial Services Inc. raised its position in shares of Select Medical by 214.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock valued at $38,000 after buying an additional 1,739 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Select Medical by 37.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock worth $43,000 after acquiring an additional 788 shares in the last quarter. 89.48% of the stock is currently owned by institutional investors.

About Select Medical

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.