Select Medical Holdings Corporation (NYSE:SEM) Announces $0.06 Quarterly Dividend

Select Medical Holdings Corporation (NYSE:SEMGet Free Report) announced a quarterly dividend on Thursday, February 19th. Investors of record on Monday, March 2nd will be given 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 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. Equities 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

Shares of SEM stock traded down $1.02 during trading hours on Friday, hitting $15.06. 994,962 shares of the company’s stock were exchanged, compared to its average volume of 700,654. Select Medical has a 52 week low of $11.65 and a 52 week high of $19.40. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 0.57 and a beta of 1.25. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.09 and a quick ratio of 1.09. The stock’s 50-day moving average is $15.32 and its 200-day moving average is $14.04.

Select Medical (NYSE:SEMGet Free Report) last issued its quarterly earnings results on Thursday, February 19th. The health services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.07). The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.36 billion. Select Medical had a return on equity of 7.41% and a net margin of 2.05%.The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.18 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. As a group, research analysts forecast that Select Medical will post 1.17 EPS for the current year.

Select Medical announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the health services provider to buy up to 49.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

About Select Medical

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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.

Further Reading

Dividend History for Select Medical (NYSE:SEM)

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