HealthStream, Inc. (NASDAQ:HSTM) Announces $0.04 Quarterly Dividend

HealthStream, Inc. (NASDAQ:HSTM) announced a quarterly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of 0.035 per share by the technology company on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, August 17th.

HealthStream has a dividend payout ratio of 20.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect HealthStream to earn $0.80 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 17.5%.

HealthStream Stock Performance

Shares of HSTM stock opened at $28.33 on Tuesday. The firm’s 50 day moving average price is $26.89 and its 200-day moving average price is $23.36. HealthStream has a one year low of $19.50 and a one year high of $30.00. The firm has a market cap of $827.66 million, a P/E ratio of 42.28, a P/E/G ratio of 3.18 and a beta of 0.45.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.06. HealthStream had a net margin of 6.39% and a return on equity of 6.47%. The firm had revenue of $83.73 million during the quarter, compared to analysts’ expectations of $80.82 million. As a group, research analysts predict that HealthStream will post 0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on HSTM. Weiss Ratings upgraded shares of HealthStream from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Wall Street Zen upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Canaccord Genuity Group lifted their target price on HealthStream from $24.00 to $27.00 and gave the stock a “hold” rating in a research report on Tuesday, July 21st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $27.00.

About HealthStream

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.