U.S. Physical Therapy, Inc. (USPH) To Go Ex-Dividend on August 21st

U.S. Physical Therapy, Inc. (NYSE:USPH) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 21st will be given a dividend of 0.46 per share on Friday, September 11th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, August 21st.

U.S. Physical Therapy has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. U.S. Physical Therapy has a payout ratio of 62.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect U.S. Physical Therapy to earn $3.46 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 53.2%.

U.S. Physical Therapy Stock Down 2.7%

Shares of USPH traded down $2.10 on Thursday, hitting $75.61. 290,754 shares of the stock traded hands, compared to its average volume of 215,651. The company has a market capitalization of $1.15 billion, a PE ratio of 150.55, a P/E/G ratio of 2.10 and a beta of 1.13. The business has a 50 day simple moving average of $69.62 and a 200 day simple moving average of $74.26. U.S. Physical Therapy has a one year low of $58.19 and a one year high of $93.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 1.19.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 4.36% and a return on equity of 8.81%. The business had revenue of $214.06 million for the quarter, compared to analysts’ expectations of $211.36 million. During the same period in the previous year, the company earned $0.81 EPS. U.S. Physical Therapy’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, equities analysts forecast that U.S. Physical Therapy will post 2.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Citigroup reiterated a “market outperform” rating on shares of U.S. Physical Therapy in a research report on Friday, July 24th. Citizens Jmp reissued a “market outperform” rating and set a $98.00 price target on shares of U.S. Physical Therapy in a report on Wednesday, June 24th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Friday, May 29th. Barrington Research decreased their target price on U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Finally, Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $97.50.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.