Select Medical (SEM) Scheduled to Post Earnings on Thursday

Select Medical (NYSE:SEM) will be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Select Medical (NYSE:SEM) last posted its earnings results on Friday, February 23rd. The health services provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. Select Medical had a return on equity of 16.93% and a net margin of 3.65%. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same period last year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 4.9% on a year-over-year basis. 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 Price Performance

NYSE:SEM opened at $27.71 on Thursday. Select Medical has a 52 week low of $21.28 and a 52 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. The stock has a market capitalization 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 stock’s 50-day moving average price is $28.23 and its 200-day moving average price is $25.70.

Select Medical Dividend Announcement

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

Insiders Place Their Bets

In other Select Medical news, Chairman Robert A. Ortenzio sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $29.90, for a total value of $1,495,000.00. Following the transaction, the chairman now directly owns 6,689,668 shares of the company’s stock, valued at approximately $200,021,073.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 17.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SEM shares. StockNews.com raised shares of Select Medical from a “hold” rating to a “buy” rating in a research note on Friday, March 22nd. Benchmark reaffirmed a “buy” rating and issued a $39.00 price target on shares of Select Medical in a research note on Friday, April 12th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.40.

Select Medical Company Profile

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.