Select Medical (SEM) to Release Quarterly Earnings on Thursday

Select Medical (NYSE:SEM) is scheduled to release its earnings data after the market closes on Thursday, May 2nd. Analysts expect Select Medical to post earnings of $0.55 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Select Medical (NYSE:SEM) last announced its earnings results on Friday, February 23rd. The health services provider reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.64 billion. Select Medical had a net margin of 3.65% and a return on equity of 16.93%. Select Medical’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 earnings per share. On average, analysts expect Select Medical to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Select Medical Stock Down 1.6 %

Shares of SEM opened at $27.71 on Thursday. The firm has a market cap of $3.56 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37. The company’s fifty day moving average is $28.23 and its two-hundred day moving average is $25.70. Select Medical has a fifty-two week low of $21.28 and a fifty-two week high of $33.51. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.32.

Select Medical Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Friday, March 1st were issued a $0.125 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.80%. Select Medical’s dividend payout ratio (DPR) is presently 26.18%.

Insider Activity at Select Medical

In related news, Chairman Robert A. Ortenzio sold 50,000 shares of Select Medical stock in a transaction on Monday, April 8th. The shares were sold at an average price of $29.90, for a total transaction of $1,495,000.00. Following the transaction, the chairman now owns 6,689,668 shares in the company, valued at approximately $200,021,073.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 17.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. StockNews.com upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Benchmark reiterated a “buy” rating and issued a $39.00 price target on shares of Select Medical in a report on Friday, April 12th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Select Medical currently has a consensus rating of “Moderate Buy” and an average price target of $34.40.

About Select Medical

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.