Select Medical Holdings Corporation Announces Quarterly Dividend of $0.10 (SEM)
Select Medical Holdings Corporation (NYSE:SEM) announced a quarterly dividend on Thursday, October 31st, Stock Ratings Network reports. Investors of record on Tuesday, November 12th will be paid a dividend of $0.10 per share on Friday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 4.72%.
On a related note, analysts at Wells Fargo & Co. downgraded shares of Select Medical Holdings Corporation from a “market perform” rating to an “underperform” rating in a research note to investors on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $8.78.
Shares of Select Medical Holdings Corporation (NYSE:SEM) traded down 0.24% during mid-day trading on Thursday, hitting $8.48. 383,550 shares of the company’s stock traded hands. Select Medical Holdings Corporation has a 1-year low of $7.21 and a 1-year high of $12.03. The stock has a 50-day moving average of $8.45 and a 200-day moving average of $8.36. The company has a market cap of $1.184 billion and a price-to-earnings ratio of 9.47.
Select Medical Holdings Corporation (NYSE:SEM) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01. The company had revenue of $722.80 million for the quarter, compared to the consensus estimate of $723.10 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Analysts expect that Select Medical Holdings Corporation will post $0.93 EPS for the current fiscal year.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.
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