Select Medical Holdings Corporation (NYSE:SEM) Short Interest Down 52.1% in June

Select Medical Holdings Corporation (NYSE:SEM) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 1,154,445 shares, a decrease of 52.1% from the June 15th total of 2,409,477 shares. Based on an average daily volume of 5,948,257 shares, the short-interest ratio is presently 0.2 days. Approximately 1.1% of the company’s stock are short sold.

Institutional Trading of Select Medical

Institutional investors have recently added to or reduced their stakes in the business. Dana Investment Advisors Inc. boosted its holdings in shares of Select Medical by 29.3% in the 4th quarter. Dana Investment Advisors Inc. now owns 678,545 shares of the health services provider’s stock valued at $10,076,000 after buying an additional 153,924 shares during the period. CSM Advisors LLC raised its stake in Select Medical by 32.0% during the third quarter. CSM Advisors LLC now owns 298,961 shares of the health services provider’s stock worth $3,840,000 after acquiring an additional 72,546 shares during the period. JPMorgan Chase & Co. raised its stake in Select Medical by 24.7% during the third quarter. JPMorgan Chase & Co. now owns 554,203 shares of the health services provider’s stock worth $7,116,000 after acquiring an additional 109,788 shares during the period. Tudor Investment Corp ET AL bought a new position in Select Medical in the third quarter worth about $1,466,000. Finally, Western Standard LLC boosted its stake in Select Medical by 95.6% in the fourth quarter. Western Standard LLC now owns 2,064,021 shares of the health services provider’s stock valued at $30,651,000 after acquiring an additional 1,008,664 shares during the period. Institutional investors own 89.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on SEM shares. Zacks Research raised shares of Select Medical from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Mizuho reissued a “neutral” rating and set a $16.50 price target (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded shares of Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Select Medical has a consensus rating of “Hold” and an average price target of $15.50.

Select Medical Price Performance

NYSE:SEM opened at $16.51 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.15 and a current ratio of 1.15. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.58, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. Select Medical has a one year low of $11.65 and a one year high of $16.99. The stock has a 50-day simple moving average of $16.53 and a 200 day simple moving average of $16.04.

Select Medical (NYSE:SEM) last announced its quarterly earnings data on Thursday, April 30th. The health services provider reported $0.36 earnings per share (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 analyst estimates of $1.41 billion. During the same quarter in the previous year, the company earned $0.44 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Sell-side analysts predict that Select Medical will post 1.26 EPS for the current fiscal year.

Select Medical Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 14th. Select Medical’s dividend payout ratio is currently 23.58%.

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.